InvestorsHub Logo
Replies to #378 on LiveWorld (LVWD)

jimbob4stocks

08/13/14 7:52 PM

#379 RE: stanley01 #378

They still have $5 million in current assets (mostly cash) and like you said, the stock price reflects book value of company right now. Holding and adding

hweb2

08/13/14 8:24 PM

#380 RE: stanley01 #378

Pretty decent report I think. Small net loss of ($122K) in Q2, which is a sharp sequential improvement from loss of ($307K) in Q1. Looks like they're getting expenses back in order.

Backlog of $7M for next 2 quarters, or $3.5M per quarter. Nice bump up from end of Q1 when it was $9M over 3 quarters, or $3M per quarter.

Love the strong cash position at .13/share. Looks like LVWD gets back to profitability in Q3. Will gladly buy more shares at .15 and under. You're getting a social media company almost for free! A company that Walmart not only trusts to handle their social media, but that raves about the ROI. Only a matter of time before LVWD is a double or more from here imo.