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davidam

02/22/12 9:48 PM

#53195 RE: Howzitgoing #53194

Compensated Awareness Post View Disclaimer
Keep abreast of future pr's and filings for your answers. They are fully reporting. Every company in a start up mode seeks long term funding with favorable terms. With the recent news they have bought themselves some time to execute their business and attract investment. That would be huge news if they can execute their business far enough to attract that kind of investment. Spotify was in debt many millions before a big investor injected a large investment which basically turned them into a billion dollar overnight. As an example of course. We are also looking at the potential of a JV/Merger as per a recent pr. That potentially could change the landscape significantly. It is all about execution now or not
http://dealbook.nytimes.com/2011/02/21/spotify-raises-new-investments-at-1-billion-valuation/

happy trading everyone will check back in late tomorrow