Well as I said before, there seems to be no update regarding the Gophr raise. first they said March then May then Sep and then Oct end. We are well over 6 months since they stated they were looking for investors and waiting to finalise deals. It's probably fair to assume now it will not happen as it shouldn't take 6 months to raise a few million dollars if the tech is so demanding.
Now back to Beyond Media, the planned launch of Lenovo hub was initially December. I have no idea from the latest presso whether the plan is still valid. All it says is things are really going well. There has been nothing in the news front to say Lenovo are marketing this either. Don't know if we will see the product launch this year.
Boppl seems to be doing its stuff but 20k orders is really not that much for it to be called groundbreaking and earth shattering just yet.
What can save the company? Well, they need to do something to show the progress at a much bigger pace and scale than it ia now. There is really not enough money to scale it either so hopefully the additional funding from the raise will help.
Having said that, for a company to list at 20c to go on to low 4c and raise cap at 4c and 6c for an industry that changes within a blink of an eye is really poor form. hopefully Beyond Media will turn things around as the market cap suggests - the stock is what it's price suggests - "penny".
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