InvestorsHub Logo
icon url

4starman

01/17/15 12:57 AM

#12097 RE: Gerg #12096

Because again everyone took Steve for his word when he said Clipstream would be rolled out in late December early January and they were expecting a clean, ready for market product, not one with a list of bugs and quality issues. This should have been perfected by now. Investors are concerned with the slow development and are afraid of more market rejection due to quality issues.

How can you or why would you launch a product inferior to your competitors and expect success. There is serious doubt as to the viability of Clipstream. IMHO

Then to hear that again Net Income is down (Net Loss of $56K) going into the historically weakest quarter. The core business, PlayMPE, is not strong enough to carry all the expenditures ( up 18% last quarter) being made right now.

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10409612

Look at the EBITDA on page 21