["your many attempts at revisionist history."]
1) Where did I "rewrite" history, let alone "multiple times?"
I simply told what happened. Products can run into unexpected problems even when the company expects success. Happens all the time, even at big companies. (Ford's Edsel, Windows RT, Amazon's firephone, Apple's Newton, etc. etc.)
["Late stage biotech companies, even with similar market caps, often have considerable institutional investment, DSNY has none, zero, end of a really inapt comparison."]
2) I compared it to biotech because it's binary (either it works or it doesn't) and when the judgement falls is not really known in advance. Not what kind of investors it has. As if institutional investors never lose money..
3) I'm actually happy that there are no institutional investors, few believe in Clipstream success, which means little is priced in, at least when I bought in December
["Oops, jee willikers, we released Clipstream 2 and then, gollee, we ran into throttling problems. Why the heck didn't they test the thing before Steve went around the country selling it at investor conferences"]
It would help if you actually had any idea what you were talking about before you say stuff like this.
They did test. Throttling is by no means universal, only some ISPs throttle some of the time. The problem with testing Clipstream is that there is a huge variety in user situations (where they are, what bandwidth they have, how their ISPs behave, what device they have, how much memory, what operating system, what browser, what CPU, what GPU, etc. etc.).
It's pretty difficult to test in advance for all situations for such a small company.
Do you have a point when you say they shouldn't have held those investor meetings? Yes, but they clearly believed it worked (witness the buying in the open market in 2014) and this is what companies do.
They've learned from this, they're not doing these investor presentations anymore.
["the money from MPE goes into Clipstream development. How much of that is spend on "administrative costs" and whose pocket does that money go into. We don't know, do we, there's not exactly any transparency."]
No, you don't know because obviously you can't read their accounts. They have published accounts, they have hardly issued shares, have no debt. If this is a fraud as you suggest it's quite a peculiar one..
The one who is practicing revisionist history is actually you:
- "I am Steve"
- Suggesting management is creaming money from Clipstream development and pocketing it themselves
- Multipe times ranting when I argued that PlayMPE had three consecutive quarters of growth which shows you cannot even do basic DD.
Either you have a position in which case I don't understand this constant bitching, or you don't, in which case I do not even understand why you're here, embittering your life and asking the same questions over and over again. Life it too short for that. But hey, to each his own..
