OTCPK:VRXWF - Post by User
Comment by
bikerackon Feb 26, 2015 2:47pm
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Post# 23469013
RE:RE:RE:MediaValet's Business Model
RE:RE:RE:MediaValet's Business Model
You're correct....they have worked on DAM for some years....and the last quarter shows revenue of some $110 thousand...and the bottom line was ugly. Hardly what you'd call dramatic customer uptake after 3 or 4 years in the works.
For years VRX was their braintrust and its quarterly revenues were dramatically higher ...but they could never get it to translate into a meaningful bottom line ...and the stock languished for years.
It's the same man running the show...I'm not in the 'fantasy' camp...I'm in the 'show-me' camp....and it's going to take some time to see how they make out with the top and bottom line.
You are aware that 'someone' hiding behind the dreaded # 1 designation is shedding this paper like radioactive waste over the last 10 days at this relatively benign price. Is 'someone' just fed up ..or do they have some greater insight about how long this may take and just aren't prepared to wait.
Luck to ya' !!!