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Tuesday, May 11, 2010 3:16:57 PM
I feel strongly that there will be no buy out. Too premature. I think any serious investor would like to see at least a minimum of 5 million subscribers/members over a sustained period of at least 5 years to take it to the next level.
And before you question me, I work very closely with angel investors so I know what I'm talking about. All I see happening for now is organic growth for the next 3 years till we hit 3 or maybe 4 million subscribers. Then I think we will be in the serious business of a buy out.
All this can change if Michael has some "serious" plans to take this to the next level. IMO then the pps will adjust itself accordingly. Until then back to 0.0001 and no bids for a while.
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