Radioio Inc (RAIO)

[suds1460]

If there were really great news coming....

Why are they holding on to it for so long?

We have been hearing about this "great news" that's been coming for the last few months now, but there hasn't even been a small leak of this news.

If there were truly great news to be coming, surely we would see more volume than a few hundred dollars of stock being traded.

The only news that is sure to come in the next couple of weeks is the 10-Q and it is most likely going to be bad news. Why do I say this? If they had positive earnings/revenue information to release, they would have pre-released the information already in an effort to get movement on the stock and generate investor interest.

If this great news involves Randy Michaels and Sam Zell, I would not get too excited about that. Seems to me they were involved in bankrupting a major media company recently.

io4Business might have been a good part of IWDM if it operated in a segment that low competition, but it isn't. A Google search reveals at least a dozen other already established businesses operating in this market. One of the dozen? Sirius/XM for Business. That's a pretty big player to be going up against right off the bat. They have way deeper pockets than IWDM.

I just don't see how this company is going to survive in its current form.