javman98, I don't know about you, but I admire a job well done, even when it has cost me money on paper. You really have to hand it to the bashers, both professional and amateur, they have done a terrific job on this NEOM board. They dragged numerous posters and lurkers into their delusional negative opinions, and caused many to sell out and jump ship. I wish I could throw the rest of them overboard, (by buying their shares), but no, I tried to catch the falling knife and now when I should be buying, I can't. Lesson learned.
The only way to rid this board of bashers, and raise the PPS, is for there to be more buyers than sellers. Can't people see how the bashers swarm in,like bees on honey, whenever there is a PR or a positive post supporting management and their products? Very theatrical, almost rehearsed, and at this point maybe even comical. New blood are buying the shares now, and thats a good thing.
The idea that QODE could have or should have been launched successfully a long time ago was wishful thinking. It is quite clear to me now that the mobile operators have been the road block. They have wanted most of the revenues, but I believe that is changing slowly as demand for mobile applications has increased so has the supply. I think management has had an uphill battle and they are almost there.
This management is familiar with financial crises, this to shall pass. In order for a small company to establish business partnerships in China it takes big cojones and maybe some free product that can be written off. We will know soon enough.
Banks posted this article the other day about Google and their mobile ambitions, a great read. http://news.com.com/Googles+ambitions+going+mobile/2008-1039_3-6138755.html?tag=ne.fd.mnbc Here is a company that spent 842 million dollars in the first nine months of 2006 on R&D, and they don't have their mobile strategy figured out yet. Here is a telling excerpt: "So how does Google expect to make money from the new mobile applications it's developing? We are already testing text-based mobile advertising in Japan and several other countries. And so far the testing is going quite well. So that's one avenue for us to make money. But I think that mobile is still a new medium. The number of people accessing data applications on phones is still relatively low. As usage increases, I am certain there will be other business models that emerge.
Eric Schmidt, Google's CEO, said earlier this month that he believes mobile advertising could make cell phones free for consumers. How would that work exactly? What Eric was alluding to is that it's in the best interest of mobile operators, content developers and application providers like us, to make sure that everyone who wants a mobile device has one. Unlike the traditional Internet, the mobile market is based on a well-defined ecosystem. Mobile operators set pricing on content and provide access. Device makers select operating systems. And then you have service providers like Google that offer applications.
So the entire ecosystem will have to figure out different ways to get mobile devices into users' hands. It won't be just mobile advertising. But the market is still nascent, so we don't know what it will be yet."
We are not to late to the game. I wish I could buy more. JMHO.