Replies to post #309 on Rightscorp, Inc. (RIHT)

[jedijazz]

Found this DD from 3rd Quarter, which ended Nov. 1:
Rightscorp, Inc.
(OTCQB: RIHT, Target Price: $0.89)
Rightscorp, Inc, a leading provider of monetization services for artists and
holders of copyrighted Intellectual Property (IP) announced financial results
for 2Q14 on August 13, 2014. Highlights for the quarter results are as
follows:
Ø 2Q14 reported revenues were $251,481, up 377% y-o-y and up
34% sequentially driven by growth in ingested copyrights,
participation of ISPs and closed settlements.
Ø As the company continues to invest in its technology and business
expansion, operating expenses came in at $869,340 during 2Q14,
up 104% y-o-y. RIHT reported operating losses of $743,599 as
compared to losses of $400,142 in 2Q13.
Ø To fund its operating losses, the company raised equity capital of
$1.58mn.
Ø During the quarter, RIHT reported a net loss of ($754,239) or
($0.01) per share as compared to net loss projections much improved results