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How is IWDM better today?
IWDM has 60,000,000 more shares outstanding
IWDM has less than $150,000 in cash (as of Sept 31, who knows as of today)
IWDM is now completely dependent on add revenue and IO for business
The only difference is there are different rumors being floated.
Same Management which per everyones opinion stinks
So they added a couple of no name radio hosts, and are paying Sony to be on their platform, and not to mention that massive deal with UNATION. All of this adds up to $0.
And dont forget their lead dog is on the brink of a full mental breakdown.
You must realize that on December 31, 2010 a few days/weeks before the run to .68 IWDM only had 106,000,000 shares outstanding. Today they have 166,000,000 outstanding.
Those additional 60 million shares represent a 56% increase in outstanding shares. So any run here is naturally muted by have 56% more shares outstanding. This is the horror of dilution.
Also plenty of people have been burned since the dump from .68 - .04 that they are not willing to participate again, and you need buyers to pay up in order to get a pump to higher levels.
Do it, but make sure you also have a complete share restructuring done as well so you don't have 4 shareholders holding 90% of the float.
Shareholder Activism, I actually like that.
It gets pricy with Lawyers and all, but if you find a sympathetic voice on the BOD it is possible. Carl Ichan is the master at this, so follow a couple of his case studies and see if that is worth it.
Might have to read IWDM articles of Incorporation. Many companies require a 2/3 vote to remove board members. Not a simple Majority and with Mean owning almost 30 million shares or close to 20% his removal is in doubt.
How is revenue Generated with the Sony Deal?
Until that question is answered then there is a minimal effect on revenue
Also please note that RadioIo is not the only music provider on the platform. They run an application called Music Unlimited outside of their Playstation Home function.
No investor in their right mind would pay .25 for IWDM. That is a $41,500,000 cost to purchase IWDM. Who is going to pay $41.5 million for a company that is not profitable, does not have any proprietary technology and has serious cash flow issues?
Hopefully this rational is not used when investing in IWDM.
Well Wall Street respects his thoughts, his track record is pretty spotless and Sirius is profitable and is growing revenues.
When he speaks of issues with advertising people listen, and investors in IWDM should listen too as this is the biggest challenge the company has. Talent and Press releases mean nothing if IWDM can not grow revenue.
The minute you get emotional over a stock, then you either need to sell it and walk away, or forget about it and stop checking it.
Emotions will always effect your judgement when trading stocks and investing in general. You need to rely on facts, and figures.
Revenue Growth...
So now that we are on the advertising model along with IO for Business, IWDM will have to grow advertisers in order to grow revenue. For every .01 increase in PPS we get a $1.6 million increase in market cap. To keep a very generous 10x multiplier (which is unheard of in a penny stock) and currently IWDM will need to increase revenue by $166,000 and maintain that. That means for every penny increase IWDM must add and maintain a 10% revenue increase. IWDM is projecting less than $2 million in revenue for 2011.
Word on the street, after a very candid interview with Mel Karmazin is that the advertising model is the most difficult to maintain revenues with.
"The advertising business today is not as good of a business as it used to be. The main reason is the Internet has made so much content available and so much supply available it's difficult to have pricing power," said Karmazin.
What other avenues does IWDM have to generate revenue with out increasing expenses?
Really? A total of $5,600 worth of transaction have taken place. Including a 50,000 share dump on the bid.
How is that "insider buying"?
Ok, so we are getting a press release about something that happened weeks ago?
Probably will have very little effect on IWDM PPS. 166 million shares outstanding, makes it hard to turn this ship around.
There can be countless rumors, and projections, and even press releases from the company, but if the news is going to move the PPS you will see very specific actions in the stock before hand.
.25 = $45,500,000 deal, if anyone can justify buying a company with less than $2,000,000 in revenue for that price then I would love to hear what their justification is.
How refreshing...A new IWDM rumor...
Why stop at .45? Dont you think IWDM will be bought for $5.00 a share? Maybe $25 a share?
That is a completely different Up Your ratings. Has nothing to do with IWDM. Poor guy is probably fielding calls form all the due diligence seekers here.
What did they get in the UYR deal?
No one except a few insiders can even explain what UYR does. 18% of the company is a lot to give without explaining to shareholders what they are getting.
They have no control over the PPS, one motivated seller who needs to get rid of 200,000 shares would bring this down to .03 in a few hours.
It is a penny stock and it is growing sales that is a positive. Unfortunately and most damaging the amount of outstanding shares is growing exponentially faster than sales, so any uptick in sales is completely washed away with the massive dilutions.
To help investors and potential investors realize the pitfalls of IWDM.
I would like to think that just 1 person listened to me. From my first post in March when IWDM was trading at .34.
IWDM has taken investors money with no regard, and they have forced many to reload their accounts to invest even more, and yet all they seem to do is dilute and issue stocks to friends and associates.
But buy with both fists...
It is estimated that 2 billion people have at least intermittent access to the internet. So what is the point of the PSN #'s.
Is Sony the biggest thing to happen to IWDM?
How is the PS3 access the biggest thing to happen to IWDM? What market does PS3 open up? You can stream RadioIo on any internet capable device so I am not sure this is a panacea. Neither does the Market or Wall Street.
Even so, for every .01 in PPS appreciation that adds $1.6 million to the market cap. Currently IWDM is trading at roughly 8x revenue. This means for every .01 increase in PPS revenue needs to increase by $200,000 to be sustained. That is over 10% annual revenue increase for every .01.
This is how dilution kills IWDM.
You know what they say about bliss...
UYR is not a part of Merlin Media or EMMIS, it is now apart of IWDM, it was owned by a few guys, not any of these companies.
Don't worry about finding anything. I know the tale that is being spun.
Merlin has nothing to do with IWDM.
GTCR is a capital partner for Merlin Media not IWDM.
Until you have a non insider major holder to protect the level they invested at, any rally will fade.
Not enough volume for me to think this is anything sustainable.
My guess is IWDM is stuck between .04 - .10 for the foreseeable future. At .10 they have a market cap of $16 million and that is wildly overvalued, so be thankful it is at .08 now.
The investment world knows about IWDM, at least the ones in the Internet and communications space.
As with Sony, any other release will have very little to no effect on IWDM's PPS. IWDM is simply to diluted and bloated to move any north at a sustained pace. When the last run from .08 - .68 occurred there was less about 110,000,000 shares, and now we are over 166,000,000.
I even thought we would get a boost today from the retail investors, but even that did not materialize.
Ok. Let's see what comes of this.
You would think something like this could move the needle but it didn't.
You knew it from Bubba, so same applies, why did no one buy this.
Dont get me wrong I think this is good for IWDM, but why no large buys.
This enforces my thinking that the share structure needs to be cleaned up.
All shareholders should care.
The essence of a penny stock is to make the shareholders money, that happens when the share price increases.
Looks that way. Why no volume in the stock then, if people know of these things.
I still want Tony to tell all who I am.
Do tell all here who I am. I would love to hear it.
So now we are onto IWDM and Sony. Maybe IWDM is going to start giving away Walkmans.
Whoa... .25 in 3.5 trading days. From a $13 million market cap today to $41.5 million in 3.5 trading days, on less than $2 million in sales.
.15 by thanksgiving? That is 3.5 trading days away.
So the new theory is that IWDM is going to double its value in 3.5 trading days? It is going to go from a market value (over value) of $13,000,000 (today) to almost $25,000,000 in 3.5 trading days. All while generating less than $2 million in revenue a year?
Guess IWDM meant next November 17th, for their big announcement.
That is just the paperwork for Michaels portion of the UYR deal.
What news might this be?
I would have bought around .05 if they did not throw another 30,000,000 shares on the float.
Unfortunately they did and they telegraphed it for a few months. So with the added 30,000,000 fair value in my opinion is below .03 probably around .025 or $4 million market cap. 2x sales.
The market is closed, so what is Tomorrows deal?
What is IWDM going to announce, dont need to know who said, but just what was said.
Maybe nobody will pick it up, and maybe there wont be a pump, and maybe IWDM is stuck between .04 and .10.
Nobody knows, but all I am saying is you will know when the pump is ready to go by watching volume. Look at the last run to .68 go look at the daily chart of the few days leading up to it and the block trades.
The only way IWDM will see any appreciation without a reverse split is for a full on pump to take place. IWDM is too diluted to naturally appreciate over time. The share structure needs to be cleaned up with they want to see the PPS appreciate as earnings get better, and IWDM grows.
The brokers and investment advisors that work with these guys, then their personal trainers and pokers buddies.
How do you think a pump is played?