All i can say is at least we are not going into Subpenny land.
Second, is I am not completely hopeless....my sources close to the company said that they declined an offer last Spring 2007 of a fairly generous buyout..and since they now know what they are worth, they want to work on increasing revenues (through internet broadband subscriptions as opposed to DVD orders) and try to get MORE from the buyout but this will take a minimum of a year (at earliest Spring 08) to see any substantial changes....
Also interesting to note is that while i have been visiting several modern countries here in Asia, MANY doctors offices already have their own educational programming on a Video Screen that the people in the waiting room watch, an idea that is already working in many countries...and it is said here that many new technologies and innovations that begin there, only catch up later in the USA....I am hoping MMTV will be the ones spearheading the medical media concept in the States....
My source was NOT HAPPY at the turn down of a buyout offer and felt the mgmt was getting greedy by turning it down in hope of a better offer down the line....but my opinion is that time will tell, i am willing to wait....and if there is a buyout the shares will be worth over a buck. In the meantime, I am happy that it has NOT gone under into subpenny land....IMHO
AI
