Radioio Inc (RAIO)

[rasta48]

Sure if they were interested in becoming a growth company. But this is the tried and true path that most pink sheet stocks take. Issue shares to insiders and friends, and use them as a piggy bank. Run a pump or two, but not too many as to not draw attention to yourself and then pocket a little cash.

Problem is it takes money to make money, and it seems IWDM is refusing to spend on things such as Marketing, and promotion. Has anyone ever seen a mainstream advertisement for IWDM?

Currently their marketing is whatever they spend to be a part of the playstation console, and what is said on their own airwaves.

In my opinion they went into the IWDM venture with a flawed business plan, they thought the following from Sirius would be much larger than the 2800 early enlisters and whatever month to month people they had who now listen for free. They greatly overestimated the actual following willing to pay for IWDM services.