News Focus
News Focus
Followers 396
Posts 28517
Boards Moderated 3
Alias Born 03/03/2004

Re: Northernguy32 post# 24062

Saturday, 04/21/2012 2:03:10 PM

Saturday, April 21, 2012 2:03:10 PM

Post# of 80403
Northernguy32, let us discuss the technologies of the 4 "companies";

-Rogue Paper - $94K in Revs and ECDC has to pay $1.5 million for it that they do not have in cash or stock.

- WetWinds - static website page that people are willingly giving their personal information to.

-StudentConnect - concept not feasible or viable. Put civil rights/ legal issues aside; the complexity of the logistics of even setting it up for a company that would have millions$ in sponsorship beforehand to give it away for free and not lose $$ is absurd.

-EarthSearch - ECDC sold $203,766 worth of products in 2011.

All of the above is important but the increasing debt and the need to raise additional funds to continue going trumps revenue increase that is still not enough.

Good luck.

You never lose on a stock until you sell? Tell that to the "Long" whose $10,000 penny stock "investment" is currently worth 25 bucks.


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today