Absolutely not. I would not suggest they do not have the capital to run their core business. Their latest filing says they do, I cannot argue with that. I believe if they held to developing their core business they'd be fine... probably thrive in the next couple years. I don't know how well the stock would do.
But... their filing also says "Our growth will require us in the future to make more significant capital investments in library content, distribution infrastructure and technology. Our current capacity will allow us to service approximately 15,000 monthly subscribers before significant investment as mentioned previously would be required."
I question whether or not they have the capital required to compete with the big boys in the R&D arena for these alternative content delivery systems AND develop their core business. This is where I think they lost their focus and are wandering away.
The only way I see them getting additional capital is through more dilution, which doesn't seem to bother them at all. It only hurts the investors, not the insiders--they are rewarded handsomely for the work they do.
We can debate the possibilites/probabilities all day - in the end I'm confident what conclusion most prudent investors will come to. How much money have the "true" GZFX longs (those already in this longer than 12 months) lost? I'm amazed they've held on so long. I wonder why. I wonder how many (honestly) would do all over again, the same way. Xan may comment on this...?
At this point in this game I believe the only safe bet with GZFX are momentum/swing plays. I expect there's lots of life left here.
Illegitimi Non Carborundum
In the long run we are all dead. J. M. Keynes
AI
Market Data 
Markets 
