Where did he say he was "starting over"? My interpretation is that he had some developers in India working on converting existing (English) Apps to Hindi (Indian language)- not a very profitable venture since you don't get 100% royalty as essentially you are acting as a reseller (low profit margin)
Now he has decided to devote all his resources to the SSL educational apps (far more profitable as they creating their own apps). He has access to some very talented technical developers at SSL -something he didn't have before.
I am hopeful if Oronoco can ramp up their revenue stream to 20 million. Forget the low profit margin. Just having a high revenue stream would do wonders for the stock.
We had been working with a company in India for Apptech's apps. We are now moving all our app development to SSL technical staff because that group is very talented. It is human nature to want fast results and some of the apps that we were working on early on, we simply needed to change the direction
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