This continues to be an argument between posters and questions about intentions and future dealings of GetFugu still remain unanswered, which I guess is their usual modus operandi.
No one here claims to be experts on the day-to-day operations of GetFugu, and as far as innuendo and speculation, it seems to be falling on both sides of the "for" and "against" arguments, so there's really no need for personal attacks of intelligence or motivations.
It's apparent that since the company never really elaborated as to why they decided to move to New York, no one actually knows for sure. It was done under the radar, which automatically is cause for speculation by both sides. It is true that they ran into financial and business issues in California, and maybe they intended to start fresh, but I'm just curious as to why they just went forward in a "business as usual" mode, leaving themselves open to such speculation, and without directly addressing the issues to stockholders.
Also, they had a very grand exodus of the entire GetFugu executive board and design and development teams, and as they have been so quick to issue press releases, it's difficult not to wonder why they haven't spoken of the move or indicated the rebuilding of their company on the East coast.
With the stock again dipping below the penny line daily, I would think that they would want to assure stockholders that they are solid in moving forward and working to create a more compelling buzz leading up to what they are billing as an innovative new version of the app with many new technologies therein. Seems to me most technology companies are really out there pushing and creating conversation in the marketplace, but GetFugu seems to be sitting on their hands in this respect.
Their website hasn't been updated on a regular basis. The investors page used to have news and stock and SEC filings, but now only redirects to the About Us page, which still says they're based in Los Angeles. Their Facebook and Twitter pages, which are, arguably, two of the most effective tools in social networking, seem to be ghost towns. Besides their in-house press releases, there doesn't seem to be any articles out there even briefly discussing their existence. Their app hasn't even been reviewed in the iTunes store since May. I'm just saying that this doesn't appear to be a company hell-bent on taking over the marketplace.
GetFugu needs to step it up a few notches, to say the least. Otherwise, we just watch little jumps and dips in the stock price. If they're claiming to be the future, then they need to get ACTIVE. I understand that this RICO dismissal was a huge win and they said that now they're all clear to rock the house, so let's see the house rock. Nothing stopping them now but themselves.
