great idea - little cash

Mooter Media seems to have great ideas and an even greater drive to make the ideas work.

Their latest venture, Shutterbug Millionaire, in conjunction with Hot Shot Media really shows potential to be a short burst but significant money spinner. From a short to medium term investment point there is some serious upside with this share.

One thing I do miss from Mooter Media is a product which could provide the company with a steady cash flow to pay the day to day bills. It's a pity this is missing as it puts a serious drain on the company’s cash flow.

From the latest financial report it appears that Mooter Media has used the bulk of its cash to support the JV with Hot Shot Medial leaving them somewhat cash strapped.

I gather that Hot Shot Media is trying to raise cash to repay Mooter Media. I do hope that this will happen soon to restore the cash situation at Mooter Media.

From an overall investment point all of this leaves Mooter Media investors in a bit of a limbo as the share price could rocket to something spectacular or could be dragged down into the gutters.

At this stage I remain a bit optimistic and will hang onto my shares, just in case the Shutterbug Millionaire venture comes off.