Replies to post #81634 on Encounter Development Technologies Inc. (ENTI)

[DevG]

Here's what i'm saying:

your projections, weeks on end, wrong...this is related to ENTI because it's important to understand context in which our discussion is taking place...imo.

your "shoulds" and suggestions: both wrong, and would have, if listened to, lost shareholders, what, 40% or so..if they if they sold at lower ticks / levels you said that pps was going down further from?

yeah...i'll stick with my confidence in a company that's actually proving it delivers, uses resources for delivering those materials (verified, btw, check stickienotes!)....and builds trust based on action, not, well, via anon posts on ihub, like me, and you that is...

[cjctrader]

Our CEO, Anthony DiBiase is doing an incredible job getting MMX to this point. You can be sure that institutional investors and even larger firms eying MMX for a buyout is happening behind the scenes. Not to say the buyout will happen right away; ENTI BOD sees the value of continuing with their current strategy to grow the company more first.

If you think for one minute that funds are not necessary to even get to ENTI to this point and beyond, you are shortsighted.

And if you think current revenue and/or profitability speaks to the current value of MMX, that is also incorrect.
Why is MMX worth multiple times more than the current PPS indicates? BECAUSE OF THE PROJECTED REVENUE AND ITS PLACE IN THIS INDUSTRY!!!!

Read the following article about YouTube and Itunes:

There you have it, Four years ago, YouTube was purchased for $1.65 BILLION, and is still not turning a profit.

It's all about positioning in the marketplace for future sales.
That's why Tony has done an INCREDIBLE job doing just that.
That's why 10 billion AS is NOT A PROBLEM.

Here's the article dated 10 Sept 2010:
According to Barrons.com, YouTube, five years old, hasn't made any profit since its launch. The giant online video sharing website generates more than two billion views a day from users all around the globe. Google purchased YouTube almost four years ago for $1.65 billion, a deficit it has yet to make back.

Although YouTube might not be profitable just yet, Google said they are very pleased with it's trajectory and expect it to start being profitable very soon. Google said last year that YouTube came close to profitable, but since then, hasn't surpassed its operating costs - a cost that Google Inc. has absorbed.

Google's CFO Patrick Pichette said they do not comment on YouTube, so knowing exactly how much the company makes or spends on operating costs is unknown. It costs Apple an estimated $1 billion a year to maintain the iTunes store, and YouTube likely costs more to operate bandwidth wise.

http://www.neowin.net/news/youtube-still-not-profitable-but-its-close