that $16M was revenue from a few years ago, not cash on a balance sheet. the point of my post was to say "look what they did in the past. i think they can do it again in the future". it's rare to find a stock trading this low with a history of generating that much in revenue.
now your question was how will they grow. imo they have assets in the form of rights to various content and they can monetize this, especially as an online provider of e-books, etc, which has really low overhead. if they can find financing to do this they won't need to issue shares. we shall see... stay tuned.
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