Wednesday, August 17, 2011 4:08:29 PM
Sure, it might increase the value of the 10MM shares of stock he and the crew have, but with the limited reach he now has how many people can he reach that don't already listen to the show for free on FM or on the RadioIO free stream on Bubba 1? Not nearly enough to generate enough revenue to get the stock up to 30 cents or more.
Cash incentive? Forget about that. The cash balance is disappearing quickly and will be gone soon.
I think he realizes RadioIO was a mistake and that he should not have turned down the $200K per yr Sirius was offering him. At least it was guaranteed money coming in. Bean sold him on the RadioIO idea knowing full well Bubba would turn around and sell enough of his Army on the explosive potential of IWDM stock, therby pumping the value so that he (Bean) could get a few extra marbles out of the deal.
Bubba was duped, plain and simple. He is up the same creek without a paddle as his fans are in this deal.
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