Tuesday, May 14, 2013 10:03:26 AM
Posting like IRIS is merging into STOA. It is NOT.
IRIS is only exchanging some assets for a majority stake in STOA. No employees. Only assets for this shell.
Shell? What about the latest Q2? Revenue and profit. Ya, ya, ya. All those revenue contracts will be gone after the merger. IRIS is not in the e-commerce support business. The CEO probably has a home for it already in one of his other ventures.
No way? Look at the dismal stock price. The market already factor this in. If IRIS was so great and STOA with profitable revenue, stock would not be so low. Ya, BELOW A PENNY.
Get real.
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