GREY:SNIOF - Post by User
Comment by
bigo64on Jun 05, 2015 4:30pm
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Post# 23802378
RE:If you were
RE:If you were Sailor, I agree with much of what you say, but not about changing the CEO at this time. Most times I have been involved with a microcap (which keeps losing money), a change at the executive level has meant a drastic drop in the stock price often followed by bankruptcy.
I give Sensio credit for changing their business model, I know they were forced into it, but to go from a hardware to a software focus is a large change and they have moved it along. They have cut back staff to save expenses, so at least part of their crappy PR and updates can be attributed to that.
I remain convinced that, while they will probably need another stock issue (at a higher price) to finance the global expansion, they will be able to roll out Samsung this Fall, and begin the process of overseas expansion soon after. We know that unless they get Europe and Asia subscribers, they will not be making a lot of money.
GLTA. BigO