Saturday, May 11, 2013 11:56:35 AM
Like Colectinmrnj, I am patient with the company. I hope to see the PPS improve, as it is way below my points of entry and the objective to investment is to see growth in value. If the company is struggling, does it make sense to beat them down with negativity...I believe it is much easier to do and simpler than suggesting anything that might be of beneficial use to turn things around. I agree that audited books would not only be a step to reassure shareholders but also it seems it would be imperative to have such records to show prospective investors, especially if they have a fund of $100 million and have been at this a while with a record of investing in other struggling but promising small tech companies. I find it hard to imagine that anyone will throw in millions of dollars with no look at how the $$$ has been managed over the course of the past 3-4 years. I also understand other frustrations, such as why it takes so long to get an app out by a new client, for instance and how that would impact other prospective clients who can follow and see that it takes so unimaginably long to accomplish...but, nevertheless, do not see the value in only seeing light through one side of the prism. Some say the company is only trying to improve revenues, that is the current strategy, foregoing leaping into unknown waters...I think that pros and cons have an opportunity to learn and gain insights from eachother when they put forth rational and measured responses. It is good to see this dynamic developing on this discussion board.
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