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Friday, January 13, 2012 11:00:38 AM
Financial Results -- Quarter Ended September 30, 2011 compared to Quarter Ended September 30, 2010
Current financial results of Artificial Life, Inc. are considered not to be directly comparable with past and future expected results of the Company due to its recent shift in business focus and business model. The Company has ceased to actively sell its former products under the historic licensing business model and started implementing instead its new business model by evaluating and actively pursuing various investments and joint venture opportunities. Therefore, in the short term the Company does not expect substantial revenues as its old income stream is fading out while its new income will mostly come from future investments. The Company will engage in investment activities over the coming months and will only be able to generate income when selling equity stakes or assets. The first substantial asset sales and trades or sales of equity in its new investment companies are currently expected in early 2012.
This is why this stock has crashed. To the dismay of stock holders they knew last year the company was going from making a ton of money to nothing for a while so they bailed. Now, as 2012 gets underway, and deals are nearing closure, those in the know are returning to this stock and beginning to accumulate it. As this stocks slowly goes up, people can say what they wish, but supply and demand doesn't lie. It drives the price up if more people are buying than selling.
In a Statement from ALIF Dec 2011 -Everything is starting to take shape. Our first investments are taking off and are becoming active operational entities. Especially our ALife Studios are doing very well already, just weeks after their launch. Hence we are confident in our new strategy and our new business approach and expect to show strong growth and more promising and substantial results to our shareholders early next year.
I do not recommend people go buy 100,000 shares, but 2500 shares for $250 is worth every penny, because every penny the stock goes up you get $25, when the stock price hits 40 cents go buy a new big flat screen or a new lap top or a new sealy. That's what I'm talkin' about.
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