All available hands on deck to reduce costs and switch the company over from internal backend to an outsourced backend. Basically making sure that they kept what they built rather than continuing to focus on growth when there were so many other internal problems and costs that would have continued to cause them to spew out massive losses.
By any measure they are now poised to focus on subscriber and thus revenue growth and capitalise on the internal restructuring that they over undertaken over the last 2 years.
The question is why the hell has the resructure taken so long?
I suspect the answer is quite simple, agenda. Just look who owns 56% of this. Don't tell me they don't have a plan that will wholly benefit them at the expense of all other shareholders.
ENG Price at posting:
42.5¢ Sentiment: None Disclosure: Not Held
