Had a quick look and could not believe the expense bill and losses this company makes.Take a look at the wages bill double to over $8 million and bleeding cash like no tomorrow.
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IMO, this is what you are seeing with REC*IT and is the reason that the "monetization" concept has been pushed...and pushed...and pushed...because, well there are no "actual" users to "actually" use it. just "downloads" which actually mean nothing.
IMO, also the reason they will not get US capital and the stock will continue to tank. The only way this thing doesnt go insolvent is if an already in too deep investor provides them a loan. Which wouldnt be the first time. - There are more pages in this discussion • 38 more messages in this thread...
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