Just know that this company has had NUMEROUS agreements in the past that never amounted to anything. Over and over shareholders have been led to expect things that never happened and the company never got back to them to tell them what was going on. I've followed them for years and have a pretty good sense of the history here.
The deployment into Rite Aid took way longer than they had planned, and it appeared to me the last time I looked that the consumer responses was more of a "wow that's cool" instead of a "wow that's cool - I can't wait to use the coupon" since the numbers seemed to show about a 1 coupon per store per day redemption rate - which is not anywhere close to what they need to do.
And, as I stated - with all the units sitting in stores they generated ZERO advertising revenues in this last quarter. Not exactly a sign of advertiser or consumer interest.
Coinstar has been mentioned for years, as has the so-called Apple connection. Maybe they will deploy units, finally, maybe they won't.
And the debt is very large - it's a lot for them to overcome. They can do it IF consumers use the product. That's the bottom line, and the evidence suggests to me that they aren't.
All that I've seen from this company is promises and massive newsletter pumps followed by extreme disappointment. I expect another pump in 4-5 months, but until they prove themselves I remain very suspicious and cautious on them. For this reason I'm not a buyer today nor at these prices as the market cap IMO is just too high, but we all have our criteria.
Good luck to believing longs.
