Sorry to random butt in here but a company that is not making any money most certainly isn't buying back shares
So you mean STOY is not making ANY MONEY?
Spiral books revenues and COGS for the technology components that are in the physical cloudpet product.
There are about 12 employees in STOY - used to be four (4)-as I remember . The company owns very little property, plants, and equipment. Spiral leverages its partners so it doesn't not own a manufacturing plant, or equipment, nor does it have a warehouse etc.. LOW COST, LOW RISK.. Though this will change going forward as the company moves into it corporate offices, however, everyone is essentially using their own computes,commons devices etc AS THE COMPANY IS VERY SMALL AND NEW.
They are trying to put its list to NASDAQ in 2016, that is their goal. I am looking for someone who can put some little money in this company to support.
Sorry to random butt in here but a company that is not making any money most certainly isn't buying back shares. BTW the idea seems pretty good but the sales have been weak. Poor execution or just lack of consumer interest. ..Should have sent them to some celebrity's kids. glty
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