The cloud product is not ready, it needs tweaks to compete with the big players in that space and is scheduled to be completed in September, which is now. At least that's what the IR people are saying, although it does seem unusually hard to determine what, exactly, is going on with this company. UMG renewal, anyone? For example.
The good thing about this stock is that the investment world seems to have written off Clipstream as a bust and that's priced in. Therefore, not much downside risk if MPE continues to grow, although Clipstream development is wiping out all of its profits. If Clipstream is ever discontinued or actually makes a little money, stock should rise nicely, but not very soon.
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