Well unfortunately Stocks and their value and therefore shareholders personal wealth are all about crunching the numbers.
The product IWDM provides is not unique, is not fresh, and does not have any competitive advantage over their competition. They are lagging the industry leaders and therefore when you crunch the numbers on IWDM everyone loses. Give them too much time and there will be $0.00 to salvage, time is actually the worst possible thing for IWDM. With very little cash and no sign of cost cutting or a capital raise, the proverbially Doomsday Clock is getting close to the zero hour.
Now if RadioIO was not a public company then there would be no issue, but they made a conscience decision to access the retail investor market and bilk them out of money. But buy with both fists. It is just tax loss selling since January 2011!
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