Radioio Inc (RAIO)

[rasta48]

Truth is no one knows. IWDM will not release detailed accounting of anything.

From the beginning IWDM has always been a pocket lining operation for a few individuals. Now that the PPS is down in the low single digits, I don't think the insiders are going to expend the energy to try and build real value.

Is IWDM putting out the best product they can afford to put out? From what I gather they cannot get their star talent, and one of the only 2 board members to do a full week of shows. How can an investor find value in a company where the top guy does not bother to show up for work.

I fear that if your cost basis is over .10 you will never see break-even, let along profits. Maybe someone steps in a pumps this, but there is going to be a tremendous rush to the exits, and with all of the outstanding shares it will be short lived.