The revenue model i think is a bit stifling for shareholders, the artist get 50pc of what's purchased - i have two problems with this - artist motivation and buyer motivation. i can understand a kid maybe purchassing somehting once for the novelty but after that - and that leaves a lot of dormant accounts - I still dont thinks these guys have learnt their lesson after admitting they couldnt compete with share ware. They need to set-up a billing system like SMA's which charges off the mobile account.. to con the user into continued buying.
LAT Price at posting:
5.7¢ Sentiment: Buy Disclosure: Not Held