Wednesday, December 08, 2010 6:54:20 AM
If you think for one minute that funds are not necessary to even get to ENTI to this point and beyond, you are shortsighted.
And if you think current revenue and/or profitability speaks to the current value of MMX, that is also incorrect.
Why is MMX worth multiple times more than the current PPS indicates? BECAUSE OF THE PROJECTED REVENUE AND ITS PLACE IN THIS INDUSTRY!!!!
Read the following article about YouTube and Itunes:
There you have it, Four years ago, YouTube was purchased for $1.65 BILLION, and is still not turning a profit.
It's all about positioning in the marketplace for future sales.
That's why Tony has done an INCREDIBLE job doing just that.
That's why 10 billion AS is NOT A PROBLEM.
Here's the article dated 10 Sept 2010:
According to Barrons.com, YouTube, five years old, hasn't made any profit since its launch. The giant online video sharing website generates more than two billion views a day from users all around the globe. Google purchased YouTube almost four years ago for $1.65 billion, a deficit it has yet to make back.
Although YouTube might not be profitable just yet, Google said they are very pleased with it's trajectory and expect it to start being profitable very soon. Google said last year that YouTube came close to profitable, but since then, hasn't surpassed its operating costs - a cost that Google Inc. has absorbed.
Google's CFO Patrick Pichette said they do not comment on YouTube, so knowing exactly how much the company makes or spends on operating costs is unknown. It costs Apple an estimated $1 billion a year to maintain the iTunes store, and YouTube likely costs more to operate bandwidth wise.
http://www.neowin.net/news/youtube-still-not-profitable-but-its-close
This is where the party will be for the longs:
http://www.islandhideaways.com/caymans/villas/great-escape/
Each person should consider my postings as my opinions only and do your own due diligence before considering to invest in any stock.
BARRON'S COVE to Premier at the Hamptons International Film Festival • APHP • Sep 30, 2024 2:56 PM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM