InvestorsHub Logo
Followers 50
Posts 4172
Boards Moderated 0
Alias Born 12/22/2009

Re: None

Thursday, 12/19/2013 10:00:41 PM

Thursday, December 19, 2013 10:00:41 PM

Post# of 153
FINS are out....

This line right here in the PR sums up a lot, including the primary concern that I've had in recent months.


The Company generates substantially all of its revenues from online advertising, primarily through an advertising agency agreement with Shengyue, an affiliate wholly owned by Shanda Interactive, pursuant to which Shengyue acts as the Company's exclusive advertising agency for standard media resources and as its non-exclusive advertising agency for highly interactive advertising resources.





It's why I decided after the last quarterly to only trade this stock until they can prove that they can monetize on their traffic, which has grown many times over in the past year, along with the amount of time each visitor has spent on the website, also up about 5X from a year ago. If they can't monetize on standard traffic, they haven't a chance in hell to monetize on the mobile end, IMO.