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Wednesday, September 11, 2013 11:13:49 AM
I think a possible reason for the drop in share price was disappointment that there was another delay in the launch of G2. It seems everyone here (including myself) thought ClipStream was supposed to have been launched in September. Then at last weeks investor conference Steve said it was coming out in mid-October.
With that in mind, I emailed Steve asking about the delay. He responded (promptly as usual) with this:
"I never thought G2 would be ready in Sept. Where do you get that idea from? There is no delay and everything is still on schedule (actually early). Where are you getting the Sept. date from?"
So I started checking Steve's recent statements from both the last earnings Conference Call and the Ted Ohashi interview. Nowhere did I find that he had stated a G2 launch for September. He said a couple of times that it would be launched in Q1. DSNY's Q1 covers Sept, Oct, & Nov. The only reference to September was that they were expecting to begin G2 PR starting then.
I am going to have to respond to Steve's question about the September launch. I intend to apologize unless someone can point to where he actually said G2 would launch in September. Anyone???
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