The Stockhouse Board Wow, this board has become more and more of a waste of time everytime I have taken the time to give it a read. This comment is not directed at the bashers or the so called pumpers.
Maybe I can attempt to lay this out so an idiot or a CFA could understand what I am talking about. What we all must remember is that a "real' investor doesn't read most of the garbage spewed out on a board operated like this. How could you believe what 99% of the people are saying? Most of the comments tend to be just personal attacks on different individuals that has been festering since day1. Who cares? A high net worth individual is not flying around on his Global Express hooked up to WiFi reading stockhouse when the views/comments on the board read like a bunch of Grade 2's spatting with each other. Everyone involved should take some ownership in turning this into a 3 ring circus serving no purpose.
I am not saying that either side is wrong. Just saying enough already.
We all know that the company promised updates on revenue "shortly" and outside of 1 deal we haven't got what we were expecting. What we don't know is why? What are the issues? We can all speculate but that is all we are doing. The delays seem to have hurt the sp but this could be anything from terrible news to great news. We are all getting impatient but in reality the sp is where it is. Large deals take time but waiting causes us to second guess ourselves and the company. My thinking is that the technology is proven, they seem to be dealing with large global brands and I am hoping they can close some revenue deals to prove this model out - customer care, gamification or social media usage.
If you read Yahoo finance today there was a good article on the impending Twitter IPO. Analysts are talking a 15 to 20 multiple on sales in this space. If Ortsbo can seal some deals it wouldn't be hard to attract a huge valuation. ie 10 M would equate to 150 -200 M. This would be massive for a company now with a 25 -30 M market cap. If they can't ink some revenue deals then there if a possibilty of going the way of the dodo bird. But again none of us knows where the company is at but the share price tells me people are skeptical of the progess the company is making.
DL seems to be able to keep the money coming in and I suspect this money is smarter than 99% of this board but time will tell. Big global brands, Crede financing and pending spin outs all seem positive. One thing we all know though is that a business models requires monetization - longs keep your fingers crossed - bashers you are going to be really wrong or really right. Grab a frosty and sit back and watch it unfold, no need to continue spewing endless dribble either way.