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Thursday, December 03, 2009 7:42:34 PM
The only way this company will be cash flow positive is if they keep selling shares for cash.
The SSPT deal to pay $5 million for Guest Metrics is another amazing deal. Still trying to figure out what they actually bought given that Guest Tek is retaining the rights to sell Guest Metrics product.
So did they just buy the two people who moved over to SSPT?
And $5 million??? Really. WOW! can not find revenue or assets worth anywhere near that.
GRBG,SSPT, GESM, GRBT and associates are weaving an interesting trail that will lead either to the SEC offices or just bankruptcy for teh firms involved IMO (and perhaps some of the shareholders as well).
Will be interesting to see what route they take next...
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