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Saturday, January 28, 2012 4:43:09 PM
They were incurring MAJORITY of their losses from Kazaa subscriptions and licensing. It is all spelled out for you in the entire document. Without Kazaa, they DOUBLED the transactional service revenues. They are NOT behind on any payments like you had misrepresented earlier. They have monthly payments to satisfy until May of this year. Also, please back your claims of them running out of tangible assets to sell if they needed to.
Now all they have to do is stay consistent with the revenues they generated in the last quarter ALONE to beat last years earnings without continuous losses from Kazaa.
Positive earnings minus a losing branch of business means a higher pps going forward.
Turkish out!
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