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Re: grapeman post# 26338

Wednesday, 05/25/2011 6:00:26 PM

Wednesday, May 25, 2011 6:00:26 PM

Post# of 28530
Yes Seven was involved but they owe him money too from what I remember. Their boomerang download was supposed to be a one stop shop for all things entertainment where people could go to see all the movies videos and get music. This was supposed to retain downloads. There are several different advertisin methods within the boomerang where products could be displayed (both eworld's products and outside advertisers' products). These ads haven't been updated in years and they are useless as a source of revenue if no one has downloaded the boomerang in order to see them. Boomerang needs updated content, updated ads, and a realistic plan to get the downloads needed to generate the revenue for the company. Otherwise this company is dead in the water. Henning has already run through every private investor he can get his hands on. There is no more capital investment coming into this company. Poor short sighted management has led to our current situation and will ultimately lead to eworld's demise if something isn't changed immediately. There certainly won't be a $10m investment, that's for sure.