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Both Our Street and Sean have checkered pasts. Thus we must suspect their representations. OS has substantiated its representations.
Sean must do likewise.
He should produce financial statements and the name of the person who stands behind them.
He has represented $300 million in assets. What are they and who valued them.
He has represented quarterly profits beating estimates and in some case the actual amount of such profits. Prove it.
These were not forward looking statements but representation of existing facts.
Instead, he attacks Our Street.
very unprofessional.
is it in USD
what period of time
ending when
what is definition of profit
I tried to call them early this morning and no one answered.
"I am sure the company is now making millions from advertising revenues. "
How can you say this. It seems to me the traffic is way too low.
There are only 60,000 downloads when there should be more like 600,000.
From Alexa it appears that their traffic is less than 2000 per day. Barely enough to earn coffee money.
Revenue projections for quarter ending Mar 30 is $9.6 million.
Does anyone have a clue what produced the revenue in that quarter?
(continue)
Only 5000 browsers have been down loaded . When it gets into the six figures it will be encouraging.
So where is the actual revenue coming from including the projected revenue of over $9 million for the quarter ending March 31st. That's a lot of money and I have no idea where it is coming from. This is seminal. If most of it is not reoccurring then we must look to the new products but so far they haven't taken off.
I was told by Sean that all software development expenses are being written off rather that capitalized. Great but how do they have such a high net profit percentage after writing this off.
I asked him how they expected to pay the salaries of the 150 employees they intended to hire and he said out of cash flow. They made $1.3 million in the last quarter reported and that would finance it together with the projected profit from this quarter.
Bottom line for me is this revenue stream. If it is here to stay then the stock will have a great future and present. If it trails off then we have to rely on new business.
The negatives that I see are that the download numbers for the varuius software products are insignificant and not growing as quickly as I would expect.
The negatives that I see are that the download numbers for the varuius software products are insignificant and not growing as quickly as I would expect.
The negatives that I see are that the download numbers for the varuius software products are insignificant and not growing as quickly as I would expect.
In fact the PR's said they were going to sell them to China Plus at 12.4 cents per share.
Joenatural seems to think a $5 million market cap is too much for this company. How so. I think it is too little for this company.
1. The last two quarters showed $800,000 and $1.3 million in profits and two million expected in the quarter just concluded. (I am going from memory).
2. Look at their contracts and contacts.
3. Look at their partners.
4. Look at their software and products.
Nonsense.
I thought the 70 million shares were to be held in treasury and sold to China Plus at 12.4 cents.
Can anyone break down where the company's revenue is coming from?
For instance last quarter they reported 6.3 million and are projecting 9.6 million for the quarter ending March 31. How much of this revenue is from one time contracts and how much from exponentially growing revenue streams.
Many new PR have suggested new sources of revenue but just the services BUZZ was supply in the first quarter of this year suggests $40 million in revenue for the calender year assuming no growth.
Where is it coming from?
WEO
Is your synopsis of BUZZ kept up to date. BUZZ is expecting reven ues this quarter of I think $4 million, but I find it difficult in reviewing your projected income from certain deals, just where this volume is coming from.
You're right
would someone give the link for the 7 cent buyback.
Slojab
Do the math. CP wants 75% of the company. Also they need $10 million in order to buy 70 million shares at 12.4 cents. These shares are about 25% of the company. So they have to buy the other 50% in the open market.
Furthermore presumably they don't have the required $10 million. So they have to sell at 4 cents and then buy back at 2 cents and keep working the stock to create the needed funds.
As I read the news items, Buzz has already bought the 70 million shares let's say at 2 cents. China Plus is busy buying (when they aren't dumpimg at 4 cents)to reach 50% of the company along with Buzz.
When the stock reaches 12.4 cents, Buzz will sell to CP the 70 million for $10 million dollars. China Plus would then own 75% of the company so the $10 million is out of one pocket and $7 million is into their other pocket.
Buss makes $7 million on the resale of shares, China Plus has free trading shares and Buzz has much capital. A win win all over the place.