I'd be careful with this. Readr has 10,000 magazines NOT 10,000 titles. Meaning their entire archive is 10k plus. It would be worth knowing the total number of titles (if anyone happens to know that).
Very interesting Why Warren won't miss such an opportunity
Warren buffet believed in investing in stocks that were way undervalued and eventually they would pay off. Pixelmags' redr app boast 10,000+ magazines. For a magazine to be included they pay a monthly fee. The base fees for the most basic service is 180$. 10,000 x 180$ x 12(months) = 21.6 million. This is all verifiable by copious amounts of dd and had yet to be refueted. The pps is dependant upon revenues generated as well as possible room for expansion. Pixelmags last month announced that is introducing branded webstands. We're a magazine could have it own app operated and ran buy pixelmags. Also announced last month they are coming to the Google play store bringing in millions of new potential customers. The dd is here fellas. The numbers add up. This pps is not worth .005 and you'll soon all see this. Glta my familia. To the moon