It was just hype, overreaction, craziness. Yes, also big loopholes in accounting practices, (Worldcom, Enron, Lehman Brothers, GM, and, many others that went BK, and, others that were close to it).
You may be right about the IT side, Jason may be a good IT guy, but, as a CEO, he is not good. This is my opinion.
He is giving the step larger than the leg, if you know what I mean.
A company needs to start slowly, slow and steady, light, with as less expenses as possible, and, only when it is solid, with cash in excess, then it is time to expand(acquisitions).
The WP plugin, Araloc, or any other aquisition at this moment, will only suffocate the company, precisely when she is still a baby, and, is trying to breathe for the first time.
This is a tremendous mistake, and, that's why the PPS is going down instead of going up.
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