hating on me does not change how this company is performing. If all you want to see are the positives, just read their announcements and dont question anything. You're obviously oblivious to what is happening?
They posted a revenue of approx $400k for the whole fy, for the geforce gaming division. They dont dare share the running costs, but love to show the registration/membership count as hundreds of thousands. This just shows that they are getting revenue of no more than approximately 2,000 subscribers, nationally! Even if they posted over 1mil of members, unless the revenue increased, this means nothing. Or it just means that is how many are using the service for free.
If they actually posted revenue that even slightly matched their membership growth, i wouldnt have something to say, other than "wow, thats some great growth".
i called it out before and said this was a very big experiment, at the cost of shareholders. And you obviously did not read the contract headlines announced with nvidia. their exclusivity is not permanent. They will have to keep paying for upgrades and more equipment, if they want to hold the exclusivity.
The equipment cost more than their current revenue, without factoring in the running costs.
dyor
5GG Price at posting:
14.0¢ Sentiment: None Disclosure: Not Held
