InvestorsHub Logo

tedpeele

01/20/22 1:58 PM

#19268 RE: AlwaysRed #19249

The Rob Thomas deal was real and generated some revenues. Not what we expected based on projections, but it still was the real deal.

Financing apparently has always been the biggest problem, and they have been able to finally get more than before.

Totally agree about the slow pace and even would say certain things have been misrepresented - whether that was intentional or not is hard to say, but hopefully more the result of over-optimism. Business is tricky -- especially high tech. Sometimes things that work in alpha testing run into problems in beta. Sometimes financers promise something and then when it comes down to the wire, they pull out.

I don't recall you having much of an opinion on Stageit. If that goes through I'd say that is an accomplishment, though certainly not one we anticipated. Would you agree?