Pegasus Tel Inc (PTEL)

[Risicare]

Yes it is a very poor business model. They should have the basic tool for free and then charge for extras, more space, more advanced editing etc... Normal fans won't pay 10$/month to edit. They need to draw in people who like editing, which is a pretty small niche and many of those folks would already have their own software. They obviously do not care about the site and are more interested in selling shares or they have not even done the most basic research into their target market and draw.