Sunday, December 27, 2015 6:02:27 PM
PS I've never used the term vaporware, but if you touts are arguing that only now do we have a real product, one could argue that the GW "launch" years ago right up to now was, indeed, vaporware all this time. Not me though.
One might argue (not me though) that touts can't have it both ways - if it wasn't vaporware then almost nobody has bought it for years. Not good. And if only now in November 2015 do we have a real product, that means 2012 to Nov 2015 were the "vaporware years". I don't argue that but one certainly could and I would not think one foolish.
"We have something that technically functions, now" isn't exactly the strongest long thesis.
Remember this thing now has over $35M in high cost debt. It needs to be a smashing success just for debt holders to have a shot at getting paid back.
IMHO.
One might argue (not me though) that touts can't have it both ways - if it wasn't vaporware then almost nobody has bought it for years. Not good. And if only now in November 2015 do we have a real product, that means 2012 to Nov 2015 were the "vaporware years". I don't argue that but one certainly could and I would not think one foolish.
"We have something that technically functions, now" isn't exactly the strongest long thesis.
Remember this thing now has over $35M in high cost debt. It needs to be a smashing success just for debt holders to have a shot at getting paid back.
IMHO.
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