too late to get on, page-12

Hi Rogerdat,

From their 17th Feb announcement:

"Most online business in this space, particularly those
in the social networking arena, start gaining material revenue - and certainly positive revenue - only after a very significant lead time; and that revenue primarily comes from advertising. Not so in the case of the HotShot model.It is forecast to generate revenue from commencement and its financial success is not dependent, at all, on advertising income."

Obviously wont happen overnight but given HSM would be taking on most of the development costs I'd expect IMHO our friends at Mooter are continuing to burn cash at a low to moderate rate and should be able to hang out until first pay day.

However, if they need the cash....I'm sure it's for a very good reason!

Good luck Mooters!!

:)