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Re: titi post# 3117

Thursday, 02/16/2017 4:45:27 PM

Thursday, February 16, 2017 4:45:27 PM

Post# of 4632
The company publishes games, ebooks, and music. They've released a small handful of games, a small library of interactive books bearing the John Deere brand, and quite a few music releases. Their products are available on the App Store, Google Play, and Amazon and their music is available on iTunes, Google Play Music, Spotify, etc. From what I can tell, they have always been quite undercapitalized and have been balancing the costs and obligations of having a public company with product development and release. They tend to stay relatively quiet, don't do any promotions, and do not put out a lot of news; the news they do release isn't "puff" and focuses more on the tangible. Their volume seems to be natural and not promotion created. From looking at the historical balance sheets, they have some debt and have been financing the company via convertible notes (which can be both a blessing and a curse.) The blessing is that they have released product and generated some revenue, the curse is that some note holders might be more of a "flipper" than an investor, which can impact share price and ability to raise capital. The company seems to be building a robust following on social media based on their products and they have a fairly active YouTube channel. I saw their CEO present a couple of times at conferences in years past; he speaks well, presents well, and seems to be a pretty straight-forward guy... he's got a pretty impressive resume and a solid set of recommendations and endorsements on LinkedIn from people who have worked with and for him over the years. He's very clearly a "builder" and not a "stock pusher" ... which is a very welcome change from other microcap CEOs.
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