loving my kids
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Thanks SK. Note to MRNJ - if we beat the $145,509 for a record sales quarter, please do not blog. Please PR!
I am pulling for the $145,510 Q2 surprise...
Bull, just curious...exactly where do you put MRNJ stickers when you travel?
Your tune sure has changed in the last month. Your the same guy that said we were all "screwed" and that you were out as soon as you could....
Are you really optimistic now?
Selfishly I want it to be two more days - and wouldn't mind a big selloff in the process.....funds are depositing!
Agreed, if this month can drive the quarter to a record quarter (+146k) then that would be huge.
Earnings, and thoughts...
SK estimates this quarter to be $136k.
MRNJ is projecting a new mega-app every month for the forseeable future. With the response that we received with the Harrold app amd the promise of app-promotion by Tolle - it does not seem out of reason that we could double earnings each quarter for the rest of the year. This would put us at nearly $1.1M at the end of FY2012. Do-able? I think so.
If so, then our PPS price is too low. It is an easy double from here, possibly triple based on the multiple applied. These are calcs against a company with a track record of steadily increasing earnings and controlled expenses. As long as MRNJ sticks to their plan of not increasing authorized shares, then tell me where I'm wrong.
My only hesitation is content. We know they have a LOT of content, but they need VALUABLE content. Tolle, Harrold, Bonetti....then what. Bikini destinations? Not huge. Travel apps? Doesn't get me excited.
This movie app is certainly exciting...but I am unsure. What kind of movies? How current? A bunch of re-run old "B" cast movies is not going to lead us to the dollar range.
Alrighty then....looks like this next month should be very exciting.
It is interesting that the second enhanced-app has not generated very much chatter. I know that MRNJ cannot continue with "new record download" news blogs every day...but I did expect a couple extra after this latest bonetti app were released just to rub it in the face of the naysayers. Interesting that it hasn't...
Not a stellar day, hopefully this is all about not getting the word out. I am guessing that when MRNJ hits the mainstream news then it will surge. I hope we are all ahead of the curve!
Only positives right now. I just hope that the MRNJ shop is in super-high gear.
Seize the moment MRNJ.
Close at high for month with growing pps over the last week.
New Technology being released and scattering all over itunes.
App sales surging.
More followers on i-hub.
Nice.
App Download Blowout!
I have been tracking total app downloads since last October as MRNJ releases within their blog stats. Usually, it takes 30 days to increase 50K downloads. I don't know if anyone noticed, but this blog this morning shows 100k since last week!
Date # Of App Downloads
10/28/11 900000
11/9/11 923000
11/19/11 950000
12/8/11 1001500
12/22/2011 1025000
12/29/2011 1050000
1/12/2012 1090000
1/19/2012 1100000
2/25/2012 1250000
4/1/2012 1300000
5/29/2012 1400000
6/1/2012 1500000
Scratched together my last few hundred dollars and bought at .005. All I can do to help w/ getting noticed....I have averaged down as far as I can.
RSW is getting featured purely because of the number of downloads? If i am understanding correctly, any of the peer-apps that are purchased while inside the free version get credited to the host-app....so this is why it appears that the RSW free app is so successful.
Guess where the apps are that I personally purchased off of I-tunes? The featured list.
Guess which apps I am more likely to buy? The ones with the largest number of downloads.
Like many, I have long-suffered with the pps of this stock. It simply has not followed the promising financial results the company has demonstrated. MRNJ has tried several things to better market it's product.
IMO, we need a great big boost of PR right now. We need new investors and fresh outside excitement (and new $). This board needs to double its followers this week and MRNJ needs to show back up on the top 10 list for I-hub. I am very skeptical of DD-machine.
MRNJ - seize this moment.
Storm, question....
The recent announcements use the word "sales". But this newly released app is free. Do you think they truly mean $ sales....meaning people are paying for the paid version or subsequent apps in the same series. Surely they are not confusing the word "sales" with "downloads".
If not, then this is a truly remarkable week. Hard to believe that one app such as this can have such an effect. If so, I hope they release all of their series of apps in similar formats.....Tolle, Travel, Bikini Destinations....even Gilligan Island reruns!
Review of new "enhanced app"....
After downloading and opening the new app, you are presented with a page of icons which are links to other for-purchase apps by Glenn Harrold. You simply select any other app, and it will ask you for your I-tunes password to confirm purchase for $.
At the bottom of the page there a several buttons which will take you to:
1. A bio of Glenn Harrold
2. A help page which describes how to use the hypnosis app
3. A links page which provides options to go to the Glenn Harrold website, link to twitter account, link to a Facebook page, and a few other relevant sites
I will readily admit, I am not a huge app guy - so I do not have a lot of experience to compare this with. However, the product does include a few features that allow you to "operate within the app" and opportunity to purchase additional products without having to go back to iTunes directly. I suppose this helps MRNJ direct purchases within the Metatron family. I could easily see how this format would of been a cool tool for Sony to have an app that contains links to all of their new movie/music releases....
I did not understand how this app accomplishes some of the items that MRNJ listed in their blog announcement - but that may have to do with my lack of understanding, not lack of technology in the app.
I would be interested in hearing other "reviews" from users more app-savy than I. Is this really a game-changer in the industry?
I take this to mean that investors do not believe MRNJ can continue to grow earnings...
Unfortunately, they continue to prove that they can. Maybe not quarter after quarter - but certainly annually. Where do we go in the future is anyone's guess. It will take a while to get back to even.
MRNJ - please address the pps erosion. Please include discussion on:
1. # of new programmers that were hired
2. what short term projects are being worked on
3. indication of how many new apps are in the review stage
4. why has the number of new released apps dropped so significantly?
5. measure of enthusiasm for the future!
Great news. In my experience, nothing dampers investor morale quicker than dilution of stock value by creating shares.
I applaud MRNJ for realizing this and extending their promise to not increase authorized shares thru the rest of the year.
Now let's get those new programmers to work and generate some revenue!!! Even if this big meeting with Sony does not work out - you never know where it could lead. That is a huge corporation and they have many branches of business that might be interested in app creation (like games).
Somebody please explain the importance of this "open house" app? The new app releases have slowed to a drip - but there seems to be much todo about this single one? I guess I don't understand the potential.......??
Break out to where? In recent past we have ridden this up to .01 and then back down. Honestly, I thought that .005 was "support". It has been a strange ride. Unfortunately, I think we may not hit the Q1 numbers that everyone expects and we will be languishing here for a while. Hope i am wrong, too chicken to sell.
All seems to be quiet. No every-two-days blog. Few posts. No new releases. Looks like MRNJ is spending all their time in presentation prep.
When do we expect Q1 earnings to be released?
"Maybe God is on our side..." Huh? Really?
Please, MRNJ, do not use that type of nonsense in your meeting with Sony!
This is the kind of reference I made in my last post to "clumsy" communication...
Blogs have been edited - glad Storm posted here. I appreciate the information for the shareholders on potential deals, but MRNJ seemed to be a little clumsy in their blog releases this week.
Depressing to check here today. These are the days that you have to gut-check. I certainly don't understand it - and back deep underwater. I hope this does not forecast poor Q1 numbers.
I think we are setting ourselves up for disappointment by expecting Q1 to beat $145k.
Let's face it, we have limited history to base earnings trends. Q1 2010 was only 35k!
Let's not position this to be "anything less than 145k is a fail". I personally care about total annual earnings and the overall growth trend....and MRNJ continues to deliver. I think anything in the 135-140k would be absolutely great. I would rather see the non-holiday quarters strengthen.
Storm,
Just curious if the annual report indicates ANY revenue from MRNJ's other subsidiaries (pbmagic or just connect). Could this have anything to do with this extra revenue that showed up EOY?
Agreed. It has been all the reports. I also like the fact that they do not have debt and are trying to purely cash flow operations.
Agreed. It has been all the reports. I also like the fact that they do not have debt and are trying to purely cash flow operations.
Agreed. It has been all the reports. I also like the fact that they do not have debt and are trying to purely cash flow operations.
I am pleased w/ the fin results. They surprised to the upside. They extended the promise not to dilute. They are hiring more talent. I am still in for the long term.
Good conversation, just afraid none of us have any answers. The company just does not have momentum going for it right now. Most of us have a belief in the company and patience for the long term - and there is no churn in shares:
1. Their blog only has had 60k hits.
2. The number of followers on this board has not changed in 6 months (actually it has gone down).
3. MRNJ does not seem to have the time to market itself... for example it still has an executive summary from 2010 and an analyst report from 2009 posted on its website.
4. When we did have some momentum it was indicated thru rankings on DDMachine. It has been a while since we were seen there.
All of that being said, I still feel good about the long term prospects. Products are being rolled out and revenue trends are forecasted to be positive. I also agree that the blog is not a good substitution for a real PR...but appreciate the updates.
I have thrown money at a lot less "real" speculative penny stocks!
Question - why does it take so long to release earnings for MRNJ?
The megacorp I work for release fully audited earnings in 1/3 the time. Surely MRNJ's books are easier close.
We are almost in Q2 before we see Q4...
They seem to read this board - so maybe will take your suggestion...
FYI:
Date # Of App Downloads
10/28/11 900000
11/9/11 923000
11/19/11 950000
12/8/11 1001500
12/22/2011 1025000
12/29/2011 1050000
1/12/2012 1090000
1/19/2012 1100000
2/25/2012 1250000
Agreed, this is frustrating...
1. Where is our record download day? Surely with all of the new releases we have hit it.
2. Where are FY11 earnings. Again - must be good with all of the PR that has been released.
3. MRNJ, why have you not updated the app dowload metric on your releases? It has been stuck at 1,100,000 for a while. Surely we have passed 1.25M at this point.
You cant argue - lower pps on big volume. I bet the company knee-jerks and puts out another FYI Blog tonight. I knew it would break out, just did not know up/down.
I agree about wondering if we have exceeded a record month ($52k). You would of thought that the company would have announced a record month in Jan.
Not sure how we could not of hit that given all the new apps released. .????
Maybe - but I don't think for very long. I work for a large (very conservative) corporation that has had a long-standing blackberry standard for cel-phones. In other words - we would not change until we had to.
IT is testing other devices (apple/droid) right now with our internal applications. They see the writing on the wall with RIM.
IMO, it is hard to believe that Blackberry is more profitable than Android.