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Re: SHIPPPPit post# 2681

Wednesday, 10/28/2009 11:14:18 PM

Wednesday, October 28, 2009 11:14:18 PM

Post# of 17117
anybody can generate revenue models using figures like that, but the proof is in the actual revenues, which are not reflecting such success here. all you have to do is to look at how much they are still relying on dilution to keep operations afloat. if revenues were building exponentially, they would be able to move onto more traditional forms of financing imho. venture capitalists and venture-related financial institutions would gladly finance them. heck, they could even qualify for an sba loan or line of credit if their revenue model were actually coming into fruition imo. i don't believe the hype, because i am a little to familiar with this type of business model to fall for the okie doke.

oh, and tell me when your koolaid cup says the company will stop issuing shares for services and compensation so heavily? any guesses? and how will they raise cash to maintain their technology since they are in the very early stages of growth with barely any revenues? any guesses to where their operating capital will come from? will they have to issue more shares to raise cash? if so, how many? will they have to raise their AS to meet that need? i wonder. please tell me when and how many customers are they bringing on per month? i mean, i believe sterling mentioned they had somewhere around 3k? lmao i hope he meant 300k, because at $20 per year per customer, they will need at LEAST several hundred thousand to make ends meet and make money. at what rate did they add 3k total customers? did it take a year? 2 years? 3 years? 6 months? how many will they add this year? 5k more? 10k more? at that rate, it will take many years to build a thriving customer base, no? help me understand how this is gonna work out for them with their current subscription model? all imho

btw, i would really like some of that koolaid. what flavor is it that you are drinking? can i get a sip?