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T_T23

01/16/14 8:38 PM

#17815 RE: Optimistic Trader #17812

Even with a R/S with 5B shares, at the current PPS the market capital will still be $500K which is less than their revenue of $60K per month....but, yes, hoping on good law suit news and more customers since the 2 they signed in Q3 and 1 in Q2 to get around $60K revenue per month to offset the $1.2M WhiteSky contract breach totalling 2013 and 2014.
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hiphop

01/17/14 11:31 AM

#17826 RE: Optimistic Trader #17812

I like your optimism but I think you are wrong. they will likely not win the lawsuits, there is no way they can get private funding, they already have $11 million in debt and more importantly they have no assets so nothing to borrow against. And without a deal with a big mobile carrier which again is a 1000 to 1 shot then they will just be one of about 500,000 mobile apps.

company is dead, legally insolvent, and out of business tomorrow if people stop buying the stock.

if Q4 were good they would have already announced it, so that means another speech about it is taking longer, feel good, looking up, etc. etc. 14 straight years of "taking longer"