If you don't think the BZRTH deal is a smokescreen to hide the failure of revenue recognition from BizRight and Sky, then there is issue in analysis of company performance.
Regardless of share increase vote, there was report and guidance that implied revenue recognition would have occurred by the mid-point of last year (prior to share count increase vote); Two consecutive Q reports delayed to muddy the waters and calm potential backlash (IMO - the weather could not have been that much of an issue) and then when released showed no appreciable change in revenue!!!!!
Now another three months are reported with similar results and a new excuse why we are not seeing the revenue increase. It all reeks of underhanded business dealings where either CEO is misleading shareholders, or he is ignorantly signing deals that do not benefit the company. Bottom line, from initial announcements we should be now seeing three quarters of revenue with new MMA announced last year, but no result is to be found. The company has given an excuse, but it is not fully valid and really should have further explanation as to why revenue cannot yet be recognized.
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