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Re: boogaloo post# 9934

Thursday, 06/05/2008 11:29:09 PM

Thursday, June 05, 2008 11:29:09 PM

Post# of 28831
So sandshark, you must think that the alexa numbers and the truehit numbers are a lie. To you the significantly increased traffic over the last month means nothing.

Maybe you should take a look at the market cap for Sina, which is about 3 billion, comapare that to a market cap of 9 million for buzz, then compare the alexa numbers for each (sina has about 6 times the traffic volume of buzz). So sina has 6 times the traffic, but 300+ times the market cap?

....oh, you say but that does not mean buzz is making money? Without an audit, we can't know for sure. But consider this: in the last year, buzz has issued no new shares, and in the last two years they have issued approx 18 million. Therefore one can conclude that they have no need to raise capital through the sale of equity.

So if they are not raising capital through share sales, where is the money coming from to operate the business???? Maybe, just maybe, they are making some from operations?