RE:RE:RE:I don't like lack of insider ownershipYou kidding me? They have been promising these new contracts for 3 years now. They were promising 15% growth in advertising, 10 MONTHS in 2019! And revenue shrunk! And Q1 except political advertising is was basically flat. CEO was either completely full of sh!t, or he was paying so little attention that his overpaid @ss should be fired. We should sue his f%cking @ss, I added to this stock because I didn't think he would flat out lie about this, but he did.
And watch this, if there is any revenue growth, costs will probably go up (as indicated already in the MD&A). Since they are competing with the 500 pound gorilla in the room who is outspending them, they probably need to spend all additional revenue on development. I am sceptical about their operating leverage potential here at this point.
And they are probably lying about 10% market share as well, which is probably not attainable, otherwise CEO would be a complete fool to not put a lot more of his overinflated salary into shares.
Look at Destiny, CEO gets paid half as much and they grew revenue significantly in the past few years.
Another negative here is that they are exposed to two dying industries, radio and cable. In fact I might sell out 100% of my position on Monday lol. Probably stock will go up 100% right after. Do you guys a favor selling out lol!