Well Hedge, you are either an online version of a Chinese cookie, a born again Routherite or Routhier`s secret ego, because not even him is as happy trigger as you are with your optimism.
So all SIO has to do is to show some solid numbers over the next couple of months and either the Caisse or somebody else will trip themselves over to get us over the HUMP?.
I imagine we are all aware that the strongest quarter as told to us by many sources is coming or starting and we all hope the best, but to measure that with everything that MAY HAPPEN in regards to how a loan may be structured or what kind of financing we may get is a little premature and risky, usually lenders look at the whole picture and they can see a medium and then a slow quarter to follow, never mind the recent revenues-losses history since 3DGo came on board.
So a PP would be preferable to them.
Then with the swat of a baton SIO could sell some or all of their patent portfolio likely to WiLan for a few million?.
Why would them buy the patents, they already have 50% of the revenue of the good ones coming and most likely a provision on the last deal for something more.
Besides the fact that Routhier said many times that that side of the Company will not be up for sale.
So either way getting funds for the short term should not be that difficult, wow, I wish that too and so do the rest of investors but again it`s a little farfetched and optimistic, but then again strangest things have happened.
Like I said before we have the hopefully good-great Samsung launch in progress with the not so great (so far) LG launch.
The streaming to all devices.
The International launch.
All announced and in the basket.
I just came back again from Europe, this time England and Germany and I could find “nothing” from people, stores and media to the effect that streaming 3D or 3DGo was coming, now that makes two trips in a 6 weeks period, so my question is are they going to conquer Europe by word of mouth like they are trying to conquer North America?.
Good luck, there`s so much on social media down there now that we would get lost so fast that it wouldn`t be funny.
Back to North America, we are still the biggest kept secret.
My wife saved me the last Best Buy flyer from Black Friday and there were two Samsungs and one LG Smart 3D TVs on sale and I still can`t see the 3DGo app in any of the flyers.
WE can`t conquer anything if people are not aware of who we are and what we do, social media is plugged with so many things here also that things go by so fast, you blink and puff.
We need Marketing and Advertising, till then we are nothing but a Social VIP Club subsidized by Investors for the few that want to watch 3D New Releases.
When we talk about “Burn Rate” we have to consider the extra expenses we are incurring with the three things in the basket, Routhier admitted that all required an infusion of capital.
So, the numbers that should count now are REVENUES and Share Price, at this time in my opinion the number of users are unless they explode irrelevant and that`s why I think Routhir said a few times that he`ll concentrate on the quality users,again whatever that means and how can they accomplish it.
On the trading side, today a buy of 200.000 by CIBC was the thing.
Yesterday there was a 150.000 Bid from Desjardins at 0.15 that sat there all day, plus 3 other blocks of 250.000 and 300.000 untouched also.
Last few days the trading has been low with sporadic bursts of Blocks that so far stayed there.
We are still in the Hole breathing heavy, potential and hope still with us, but we need Execution, Money, Marketing,Advertising and a New Experienced Winning Team to get us safe to either cash flow positive with extra revenues to boot or put the house in order and sell it at a better price.
IMHO