Time to buy not sell SMA?, page-21

It's amazing people keep talking the stock up. It's way over valued. Into the 2's is a certainty, into nthe 1's is a high probability.

All you have to do is look at the quarterly, look at the graph and look at the column called APPS(Cost).
This was a complete shock to me and ensures the company wont make a profit for years, if ever.

It says they are paying 80% of revenue to get apps on their platform. That makes the business unsustainable. Add Marketing 10% Min, thats 90% of revenue gone, then their are corporate costs of several million a year plus their will be other expenses.

So the summary is the company wont breakeven until revenue is 75M a year.

Market cap is 68M. That is way too much for a company that needs to grow revenue by 700% to just breakeven.

This can fall a long way yet