Wednesday, August 15, 2007 10:17:22 AM
anywho it's impossible to say. It will all depend on GNF's ability to acquire and sustain subs. Incremental growth of both subs and revenue has been good. If you want me to make a WAG I'd say over a year from now maybe more but that is based on the Qtrly results I've seen thus far. Wayne would be good at trying to figure it out mathmatically kind of like how he estimated sub numbers. A lot of the problems that exist now result from the horrible mismanaging of money this company has done over the past several years. No matter how good intentioned they may have been many large initiatives were not well thought out. It will be interesting to see how he manages the little money the company has left. I suspect at some point JF may be forced to strip the company down to it's rental service and levels enough to produce a good business. The company could always bring in a partner company to help with cash flow and marketing (along with Moroch) The fact that they got together with Moroch after they wasted millions of dollars on poorly thought out and poorly executed marketing plans may render Moroch's opinions worthless. It takes money to promote without some sort of partnership with someone with cash flow who believes in the company I dont know if they will be able to reach breakeven before running out of money or the ability to generate money. I for one am still optimistic and feel JF has some long term plans to keep the company going without a RS. All my opinion of course.
John Fleming belongs in jail based on the fraud alone - Best way to make that happen is to fill out and submit the below form.
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SEC Complaint Form: --
http://www.kfi.ky.gov/consumerinfo/complaint.htm
https://tts.sec.gov/acts-ics/do/complaint
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