we are at .005 because:
1) The promises and expectations made by the company of an Ad campaign at the end of June and Launch on July 1st were false and didn't happen....
2) Viacom. While they are not up and running yet, they are well financed and have already announced their format and programming. There is some section of the investors who view this as a negative, even though they aren't up until February.
3) carriage agreement is not as big and powerful as hoped. While RCN is a start, it is not what a lot of investors would feel has the coverage of a Viacom.
4) it is a pink sheet stock with dubious billions in outstanding shares and the naked shorting and manipulation problems inherent.
5) the stock has broken down and it takes a while for a breakdown to restabilize toward further upside....
antidotes??? further carriage agreements, scheduling release, and celebrity endorsement...
ultimately we may stay under a penny until September.
I can wait....I just hope they get enough buzz and media pump to get some fresh money pumped into the game to create the rise of April and May again....
we can only wait and wonder.....
see ya at 3 cents.....drinkyerwine
