RE:To The Longs & New BelieversIf revenues aren't over $10M this quarter and margins are under 15% than this is dead. Every other retailer is over 30% margins and 3-4 times the revenue; all have US expansion underway, a vendorlink type add-on plus online orders in addtion to their bricks and mortar. There is a 100% chance they will be raising more money this year as well which means additional dilution just to stay afloat, nevermind expansion. They have no path to profitability in the next 24 months based on their financials.
You can keep "wishing" for a miracle or you can see this dog for what it is; the runt of retail with management that continues to lie to and deceive shareholders. Town Hall, Ignite, dilution, Labs and management compensation are all examples of this in the last 12 months.
Marski - show us some math to support "major ROI's" or even some sort of analysis outside of closing your eyes and crossing your fingers... by the way, did you really just compare this to Amazon??? Every other retailer is doing what Namate is plus much more... these are facts my sad, uneducated compadre.
Marski101 wrote: Rome wasn't built in a short period and neither was Amazon to what it is today or even Apple to what it has evolved into. I remember investing in Apple from ground up, and the bashers like here were there, it's like a clone of them. I'll bet $$ Amazon was the same, duh! I'm pleased to add to my position this past week, and bashers will talk their margins, talk their negativity, invest for the future and yes hold those bags now for major ROI's down the road. Cheers to everyone on board or coming on board. Namaste Will Rise ;) Cheers,