Ok here is a reality check. SIRI, sirius satelite radio has been opertating at a LOSS the past 3 years as follows
Net Income Applicable To Common Shares ($862,997) ($712,162) ($314,423) (numbers are in millions! almost a billion $$ loss last year!)
But they have a lot in assets, so If we used the issuance of shares to build up our assets like production equipment, builings etc, so we can run the company and bring in revenue, we should see PPS appreciation when revenue and deals come.
SIRI also has quite a bit more shares than we do (so far)
Shares Outstanding: 1.41B
Float: 1.37B
So come on guys quite whinning and quite selling, its buy time!
All in my own Opinion, Not a Recommendation!!! But let's try to make some money!
