Shareholders are banking on future growth, not present performance. That's not to say that there's no revenue, many Web 3.0 companies do have that, however for the most part, these companies are still working on building and monetizing their user base.
When a social-media company is identified as a 'dog', shorters move in quickly and efficiently. Facebook had a terrible IPO and lost half its value before recently hitting a new all-time high. Investors were very skeptical of the social media giant and those who sold near the bottom are surely regretting the near quadruple.
YAPPN LAUNCHES E-COMMERCE PLATFORM ENABLING COMPANIES TO EXPAND TO NEW GLOBAL MARKETS
Groundbreaking Service Provides Real-Time Language Services for E-commerce Platforms in Nearly 70 Languages
NEW YORK, May 6, 2014 – Yappn Corp. (OTCQB: YPPN), the only real-time language services technology company that allows members of the global community to socially engage and facilitate communications online instantly in nearly 70 languages, today announces the launch of its groundbreaking e-commerce platform. This new disruptive service covers the entire transactional experience – from pre-sales marketing and brand messaging, to e-commerce search and shopping cart check-out and post-sales support – all in the customers’ native language. Yappn facilitates the e-commerce experience for companies across the globe, allowing them to extend their reach and have a true global voice and presence.
https://yappn.com/2014/05/06/yappn-launches-e-commerce-platform-enabling-companies-to-expand-to-new-global-markets/