RE:Profitable?Yakpi wrote: The issue I have always had with this company is their business model. The production costs are high and the margins are slim. Scalability does little to address this with a crowd sourced production. JMHO
Crossd my mind also, but I believe George gave away too much product trying to get that next big release of partnership.. I think Steve understands what its worth and if given the chance can bring in revenue. Also the amount of staff employed previous to the re-structuring seemed a little excessive. Always thought what the fk could they all be doing in there. But I'm just going on pics of staff photos so not much really. Nothing against them, but if your not getting paid how effiecient would you be. Point is I think they could really streamline if they needed too.(which they do)
We need less staff costs, decent price on video's and a little peice of the Billions going to vid ads.
As far as the CFO goes...well if he was georges buddy then perfect...By the way georgie boy has started another "Start-Up" I think by the looks of his facebook page. Exinfluence.com? Seems pretty proud of it so this goes to show ya what a fkn snake he is. Him and others were milkin this sh!t and now have washed their hands of it.
Nobody will ever take my shares if given the chance to sell, I would rather take this present risk. We are looking at a longshot now but I will give Steve all the time it takes until he is certain of making it or breaking it.