Replies to post #671 on Speed Commerce Inc (SPDC)

[exploreit]

I'm a SDVI holder but please don't rub it in, I would never want people(stock holders) to loose money, I know the whole thing is screwed up, but I don't want any one loosing. They should loose not us.GLTA

[modrica]

" We have a history of losses, and we expect to incur additional losses in the future. There can be no assurance that we will ever achieve profitability or ........... "

thats standard LFS language in most of the companies filings

revenues have been increasing so they just haven't figured out how to manage expenses better in order to achieve profitability , but as long as revenues are increasing .....


also , you said :

" They're still not acknowledging the suit."

you obviously havent read whole 10q filing cause ;

"

Litigation and Proceedings



In the normal course of business, the Company is involved in a number of litigation/arbitration and administrative/regulatory matters that are incidental to the operation of the Company’s business. These proceedings generally include, among other things, various matters with regard to products distributed by the Company and services provided by the Company, disagreements regarding ownership of intellectual property, the payment of amounts owed by the Company to third parties, and the collection of accounts receivable owed to the Company.



The Company does not currently believe that the resolution of any pending matters will have a material adverse effect on the Company’s financial position or liquidity, but an adverse decision in more than one could be material to the Company’s consolidated results of operations. No amounts were accrued with respect to proceedings as of September 30, 2015 and March 31, 2015, respectively as not probable or estimable.

"

Company does not currently believe that the resolution of any pending matters will have a material adverse effect on the Company’s financial position or liquidity

sdvi ?

are you being serious ?

also low volume today indicates that 10q didnt bring anything new financially and operationally , if this was so bad we would've seen 30,40 ,50 millions volume today

there are still large holders of shares that are obviously in the know more than us and obviously waiting for company tobe sold

lenders want them to be sold by December , 11 , lets see what happens

imo

gl

mod