RE: RE: RE: PYN will not go up a bit Poynt will not go up a bit until they start producing serious revenue.
You mention that Poynt will not need to do a financing, and that when investors finally figure this out, then they will flock into the stock (and of course, we'll rocket like INT). So, if Poynt won't need to do a financing, then I presume they must already be generating enough revenue to cover costs..... Right?
So... just how are those advertisements doing anyway? After the Jaguar business case, one would have expected a lot of car advertisements (I'm not seeing them), nor am I seeing tons of hotel, restaurant or other retail advertisements. Maybe I'm not in the right location - so please, chime in, anyone?
I'm still holding Poynt shares, but the longer they go without showing any "knock-you-off-your-feet" revenue generation, then the more likely that Poynt will be a great idea for a great app that just could not monetize. Frankly - there's hundreds of companies with similar stories.
Also - please don't mention patents. Patents are utterly worthless if one is not going to defend them. The lack of any action from Gladios in this regard makes we wonder whether the patents are worth the paper they're written on. It's been almost a full year since the Gladios announcement, yet not one bit of action has taken place on this front.
Sorry for sounding negative - but I'm getting tired of watching Poynt drift slowly downwards while so many other stocks are making a move. I've decided to give this another month of wait-and-see, but I may just have to lick my wounds and move on. Fluff announcements aren't going to do a thing for the stockprice. The only thing that'll move PYN is revenue. There's just been too many people who've been burnt in the past by the proverbial pump and dump.
so