I hope my post didn't come out sounding negative or sounding as if I was negative on the company. Quite the opposite. This company is even stronger than when I first invested in it at a much higher PPS. I am a committed long who wants to see this company succeed.
As I said in my opening paragraph... I think this company is doing exactly what it needs to do... and that their quarterly business performance metrics are proving that the company is being managed well. i.e. Their customer base continues to grow, costs are decreasing, revenues per listener minutes is increasing, and overall revenues are increasing - for three quarters in a row.
My only concern is the financiers who are dumping their shares in the interim. Each time they sell their shares they are increasing our OS and diluting the value of our shares - which decreases the PPS and thereby, per their convertible debenture agreements, increases the number of shares the diluters receive as compensation. It's a vicious cycle... but only if we continue to feed it.
In my opinion, there simply isn't enough demand right now to overcome the amount of shares the financiers can bring into the market at these low prices.
Of course, new investors may become attracted to this company and want to buy in at such low prices... and there's nothing any of us can do about that. Hopefully, they'll be willing to hold on to their shares too while we wait for this company to mature to profitability or become an acquisition target.
In the meantime, I don't have any major concerns with the performance of this company as a viable and growing business. Their focus is on introducing new products, as it should be, since that will further drive revenues, and hopefully achieve profitability sooner than would be possible with RadioLoyalty by itself.
AIMO,
