RE:RE:RE:RE:RE:RE:RE:RE:Comedy gold... LOL...Those days are long gone. I don't like being right and I wish they would prove me wrong but it never happens. Gambit is a niche and not even material. They lost their biggest partner and confirmed revenue will be down because of it. I know because I used the Swagbucks platform to give them revenue. It certainly had potential and I have always tried to support them thru their programs by putting money into them. That is now over.
They never execute anything successfully that benefits shareholders which is pretty obvious over the years. Paying 5 million for Gambit was nothing short of a disaster and we paid for it. They should have seen that playing out and waited to see if those contracts got negotiated into better margin revenue. Instead they jumped in and got burned which means we got burned.
We all have been waiting for years for them to "succeed and execute" and it never happens. There is always a "Billion Dollar" opportunity in front of them. Contrary to what they say about their platform being robust enough to not need investment to scale, this has never played out because they need lots of people which offsets that. Their salaries are always going up.
They run pilot programs forever which means nothing happens fast. It's like watching a turtle fight. By the time the pilots are done, tech has already changed and everyone is bored. They get distracted with all types of different things and never create any value for shareholders. Most likely all by design.
It looks like their next great distraction opportunity is Snipp Media. And the guy running that sails around the world on his boat so I can only imagine how much of a focus that it. And what is Pistilli doing now that Swagbucks is dead? Not surprising he was not on the call.
I honestly hate being right about the company and just once I would like them make me look like an idiot and actually accomplish something that is beneficial to shareholders but it just never happens with these people. They live in a different world where they are rewarded for doing the same things year after year without creating shareholder value. They have no incentive to do things differently when this is working just fine for them.
Dangle the carrot and let the idiots keep reaching for it. Pull when needed. It's disgusting!
You people do know they hate you right? It's nothing but a show for the peasants.
What is funny thou is how everyone on this board disappears and keeps their mouth shut. Must be littered with masochists.