We'll believe that when we see it. No sense of urgency here. They are going to miss the market demand and be left with nothing! Too many bells and whistles, instead of releasing a solid, functional product (and I'm not talking about the social medi BS)!
When do you think the app will be “complete” for commercial purposes. Because they have been advertising Main St. for 6(?) months now. They also launched the Main St vs Wall St campaign last September and appear to be planning to participate in a number of expos. You don’t advertise unfinished products. Their last PR also described the app as “maturing”.
The truth is that the app will never be “complete” for commercial purposes. As soon as it can be considered “complete”, the clock starts ticking on revenue and profitability. As long as the platform isn’t complete, management has an excuse for their incoherent business strategy and abysmal financial performance.
So what’s the timeline? Because it’s been “soon” for a couple years now and that isn’t a situation shareholders should accept.
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