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Tuesday, April 10, 2012 6:18:15 PM
Why issue 60M+ shares to noteholders when you could have easily issued a few million at $2.00 to pay off existing debt?
Why agree to buy Kazaa, only to back out of the deal a few months later. Either it was strategic, or they acted like idiots.
Other than this:
$40M+ in revenues
$4.1M in debt (last time we could verify)
Revenues from Marketing up 39% y o y
Lots of strong brands in play on their affiliate network.
Shed fees from reporting to Nasdaq, and now SEC reporting obligations.
And we're trading at a $6M+ market cap? There isn't enough doobage to smoke that would ever make me understand that last question.
Also, you all should go here: http://www.atrinsic.com/ir/investor-contacts
Click on the IR Email, and look who gets cc'd on every email into IR. Weird, isn't it? (I can now post this information because the idiot brigade is gone)
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