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Re: spike007 post# 563

Monday, 08/16/2010 9:26:51 PM

Monday, August 16, 2010 9:26:51 PM

Post# of 3152
But how long until the next 10Q, will the stock continue the pace of devaluation during that time, and will the bounce of the next 10Q offset the damage done in the meantime? I like this business model, but I'm not above thinking this could become another flatline, especially as credit markets tighten up in the next few quarters.

I told Mr. Heil that a good stock bounce could help the effort to finance the next phase, estimated at 200 milion. Conversely, a tanking stock price will make it much harder to secure forward financing. Those million subscribers won't mean much if the business can't follow through.

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