Hey People!!! How much debt are we talking about here, not even $5ml in debt and we are jumping up and down, for a technology company that is a one year expense, that is nothing I mean absolutely nothing. remember most is owed to insiders. It is all friendly debt no harm to the company.
StudentConnect is the ace in the hole for this company, not Rogue Paper and not EarthSearch. From what i have read so far WetWinds sounds like a social media site that will actually allow people to have live interaction, so I think it is a set up to piggy back off of Facebook IPO in a couple of months smart move by this guy Kay. Its a valuation play form what I see. Revenue will come from data mining. I see a lot of strategic move by this guy and I am accumulating like hell.
Here is why i think StudentConnect is a sleeper. the company just traveled through NJ. Assume NJ has 1 million k-12 students riding on school buses. they send an average of 4 messages ot parent per day. Pick and drop off at home (2 messages) pick up and drop off at school (2 messages) this will equal 4 million messages per day. Even at .05 per message, my friend that is $200k per day 20 days per month =$4ml/month 8 month per year is $32ml dollars.
OMG!!! Go ECDC G0...........
