They did say, and I quote, cashflow positive by years end. Not going to happen. I took the hit and sold for a small loss the other week, put it in a multi-resource play and made 80% profit on top of covering the loss here in 2 weeks. Took the gamble here and it didn't pay off, it happens.
Something just didn't seem right, especially when they're reporting over 5 million users but can't generate a single cent in revenue. Can't see this one being a long term investment - not until something substantial happens, and they stop making agreements with miscellaneous companies of which have no trace on the internet. Will keep an eye out but just for curiosity sake. Next good announcement from them will probably cause a pump, but probably just enough for the day traders to make a bit of money out of it.
I'd say something will be announced soon in regard to their e-sport tournament. If they didn't at least make some decent revenue from that, this will see new lows.
IMO.
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