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Toxic Avenger

03/07/14 7:09 AM

#15286 RE: mrPiNK #15285

They have TONS of toxic debt and equity outstanding, including convertible, super-voting PREFERRED. You don't reserve almost double the O/S if not.
And almost no revenues in the last 3 years.

No doubt in my mind their only hope is some sort of settlement from Comcast, and that really seems unlikely given that Comcast has already responded by moving the case to federal court. They had poor enough performance when they had a partner. Now that they are suing their only one, it really seems hopeless.

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Hawkeiz

03/07/14 7:59 AM

#15287 RE: mrPiNK #15285

I agree the biz plan is coming along I don't think you get highly qualified people to come work for you if there's nothing there. I also don't think you get a BILLIONAIRE to invest if he sees nothing that's not how they make money. It's funny but you could probably go back in the history of any successful company and drag up things google search is good for that it just depends how far back you want to go LOL. I'll stick with the present day and the present day looks very promising. It looks to me like there heading for on line gaming but that's JMO but it would be a smart move more states are allowing that to happen.