Wednesday, April 16, 2014 11:58:22 PM
they are indicating maybe a $100k quarter in Q1 2014 on at least 20M page views.
clearly going viral, but the ad dollars are not there. this is why they need an app and to replicate in 50 other cities.
however, the annual report showed they are handing out stock at .0002 to nearly anybody who gives them a call and they have no chance to get over .01 by May 1st as per absolute rule by OTC Markets.
my opinion as to what is about to happen here is a crash to .0010 or so and a 20:1 R/S. The O/S is likely up near 3B by now, so a R/S would bring it back down to 150M O/S and PPS .02 and just a $3M market cap.
from there, i will buy, but they will need a large financing of $5M or so at favorable terms like PPS .02 or higher for this to actually move. hopefully this 61 year old couple can pull it off, otherwise forget retirement for them
Penny Stock Analyst, not licensed, but may as well be...
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