Saturday, February 21, 2015 1:52:04 PM
From the Feb 19, 2015 10Q:
The Company still believes that its Social Commerce website offers potential for future income. However, this application requires significant further investment to commercialize this operation. The Company is reviewing a number of potential synergistic acquisitions that could benefit from the social marketing platform.
With total revenues of $343,453 last year, how can justification be given to spend large sums of money to keep this website going?
The Company made the right move divesting itself of the comic book and collectibles business. Why not do the same here and go full bore with the movie business?
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