First impression
Yes, this is a future story. Yes, they may be paying less attention to the promotions business at this point. But with the improvement in the pound/dollar ratio, I was expecting at least $3.3 million in revenues even on an essentially flat quarter (from Q1).
I find this very disappointing.
Don’t forget, they still have not shown that they can sell anything other than promotions cards.
This is by far my largest investment, and I still believe they will sell millions of these things, but it is just a belief and I would like see the promotions business (currently the core business) a little stronger.