To Hugie:
Hugie said: I can not see any future growth for this company that just rely only on G.H.and E.T.Gary Zukav app had taken one year before was created and everything takes years.I think in 5 years we will have similar revenue as is now.This is black hole for all investors including me.Wordpress blogs are about nothing.Mostly just information about G.H a E.T. and some pumping that never happen
Storm Comment: Well, that is regrettable sentiment Hugie sprinkled with some statements that are not correct. I recommend you tighten up the clarity in your claims.
Company has grown quarterly revenues 12 out of the last 13 quarters primarily, but not exclusively, with Eckhart Tolle and Glenn Harrold content. Having studied these Apps, I am certain even more daily $$ can be obtained from more apps from them. Not to mention both clients continue to create new content and new product to disseminate to the masses. So, EVEN if no other content besides ET/GH is packaged and released as Apps by MRNJ, they can still grow revenues. Can they grow it faster with other product relesed as well? Sure, but time, resources, and money it takes. and they are working on all of those things now.
Zukav app did not take a year for MRNJ. They acknowledged in a Blog that it took time to get the specs or content from the client. "Everything takes years" is quite a blanket statement, and an inappropriate description of the time it takes their apps to come to market. To provide clarity, please add specificity as to what App you are talking about (App-Flix) please.
If you truly believe they will have the same revenue 5 years from now, then please revisit the last 13 earnings reports and tell me what they SHOW. They do not lend a high probablltiy to your prediction for the future about no growth(in my opinion).
Wordpress Blogs. Would you like to go back to the time before the Blogs? Pre Dec 12, 2010? Please be my guest, but I was there and it was not suitably informative of what was going on with the company. Shareholders (or non-invested but interested parties) may or may not not like that projects take a long time, but at least we know what is being worked on, not something we knew (in an effective way) BEFORE the Blogs. Do we also know how their product is selling relative to their peers? Do we know what opportunities or products are in the pipeline? Are we better informed about the App world and its evolution because of the Blogs. Yes, Yes, and Yes. Please, if you think the Blogs are nothing, may I suggest you just avoid reading them since they lack usefulness.
Blogs are pumping? Thanks for your individual opinion. I see them as providing information about the company activites in an expansive and cost effective way (as opposed to costly Marketwires), providing a handy scorecard of MRNJ accomplishments, how their apps are doing, and basicaly what is going on with the company.
Best Regards,
StormKing
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