What would you pay for,A company making little to no revenue ($0...

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    What would you pay for,

    A company making little to no revenue ($0 - $15,000)

    A company burning $5-$7 million in cash per year

    A company with 3 products they have tried to sell for the past 4-5 years with no success and at no pofoit

    A company that will continue to need funding to stay afloat

    A company trying to sell apps that do the same things as free apps avaiable

    A company spending money on advertising that isnt targeted (ie time square)

    If this wasnt a publicly listed company they would have shut up shop along time ago but because share holders continue to pour hard earnt money into it, it is able to just stay listed. What has shareholders got in return for there patients and hard earnt money to date??? NOTHING the only winners here are those working for the company getting paid to try and make something out of nothing.

    There comes a time when enough is enough and shareholders will stop giving them money to just burn away with no out come to benefit shareholders.

    Like i said if this wasnt a listed company where shareholders keep throwing money at it in hope one day something will change then it would have been dead in the water along time ago.

    I personally wouldnt pay a cent for a unlisted company with these credentials and neither would anyone else yet becuase its listed its valued at $7 million.

    I feel for share holders who continuely pour more money into this company.

 
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