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Re: mw2006tn post# 24514

Thursday, 06/18/2009 12:11:40 AM

Thursday, June 18, 2009 12:11:40 AM

Post# of 36270
I still say that $30,000,000 for this company would be a steal because it'll be able to make more than that in annual revenues within the next couple of years.

The industry is going to start charging for these music players and any company with a user base of more than 1M is going to be able to make millions per month.

Some smaller companies will merge or be bought out but all will follow Napster's lead and start charging a monthly fee for service and that's the value of having a position in this industry with a large user base.

If you check my posts over the past couple of weeks, you'll see where I'm coming from and why I feel certain that this company has the potential for millions in monthly revenues.