Shot, I agree with the theory of your point, but IMHO, it must be viewed in proper perspective. I offer an analogy to explain-
"All I need to do to become a trillionaire and solve world energy, disease, hunger and war issues, is to develop safe, sustainable cold fusion." Simple really. Except for that "develop cold fusion" part...
It is NOT uncommon for embryonic companies to have poor current ratios as generally early growth requires capital the company doesn't have thus payables and other current liabilities go thru the roof. Unfortunately, IMHO this is hardly analogous to the situation at BLLN. BLLN has been repeatedly on the wrong side of lawsuits and judgements, and not just with vendors as plaintiffs, but INVESTORS as well! It is hard to figure whether this is because the company promised more than they could deliver, or whether something more sinister is afloat. But it isn't something to scoff at. It isn't A/P. It is, IMHO, a bright red blinking warning light any potential investor/lender will not be happy to see.
It would be great to see BLLN establish something, somewhere, but IMHO these fake launches aren't going to turn many sophisticated heads. It would also be great, from my perspective as a equity holder in Brilliant Technologies, to hear and see some form of leadership exhibited by the powers that be. Given the near decade of failure (not little ones, rather big, spectacular, PUBLIC failures) we've suffered through, why not treat us like stockholders and tell us why our investment isn't worthless. OK, the minions have hinted about soft launches, lets see some data. The great thing about databases is EVERYTHING and ANYTHING can be querried. So, AK, how many downloads have taken place with the new non peer to peer model? How many users are online at any given moment? How many labels are under contract and providing unlimited access to their libraries? How much of QTRAX does BLLN still own??? What does BLLN currently owe lenders and investors????
I think you'll find guys like me are MUCH more pleasant to be around when we aren't having our chains jerked around, if you know what I mean. And I think you do, as you've been around here a long time and likely are pretty darn frustrated as well.
AI
