So financials are out, no big deal at all as witne
Post# of 2009
Posted On: 05/19/2016 6:36:59 AM
So financials are out, no big deal at all as witnessed by the SP.
Pumping on the ostrich board is essentially down to the pumpmeister, who just passed his 5000 NTEK posts in a year's time and just keeps on going, while pertinent posts like
About those financials, suffice to quote a few $ figures (% numbers refer to previous quarter results):
Sales Media: 2,329,099 = a disappointing 1,8% increase
Sales Studio: 2,473,795 = 13% increase
Payroll expense: 457,880 = 26% decrease
Sales and Marketing: 13,339 = 87% decrease !!
Revenue : 4,802,894 (4,624,465) = just a measly 4 % increase
Net Gain: 257,068 (70% increase)
Net gain increase is mainly due to reduced expenses in Payroll and halted Marketing.
Meanwhile, utter silence from IR, and, as can be expected, from management, which seems reduced to just J. Foley as Chairman and P. Foley as Director. They really should update their website's corporate team page.
No more mention any more of Stone and Campbell in the disclosure file. So they are gone too, as is Taylor ?
Everybody leaving the (sinking ?) ship. Where's Wong ?
Meanwhile, the special 99 for $99 deals appeared briefly on the UF website, but the "summer deals" are gone again.
If one charges $1 for a movie rental, and don't do any marketing, I guess it is not surprising that there is barely any revenue increase.
Pumping on the ostrich board is essentially down to the pumpmeister, who just passed his 5000 NTEK posts in a year's time and just keeps on going, while pertinent posts like
Quote:keep on getting deleted, as usual. (investorshangout.com/post/view?id=3758817 )
Why did Taylor leave? Pretty much everyone at the last SHM in August is gone. Why, if this company is about to hit it big, is everyone leaving?
About those financials, suffice to quote a few $ figures (% numbers refer to previous quarter results):
Sales Media: 2,329,099 = a disappointing 1,8% increase
Sales Studio: 2,473,795 = 13% increase
Payroll expense: 457,880 = 26% decrease
Sales and Marketing: 13,339 = 87% decrease !!
Revenue : 4,802,894 (4,624,465) = just a measly 4 % increase
Net Gain: 257,068 (70% increase)
Net gain increase is mainly due to reduced expenses in Payroll and halted Marketing.
Meanwhile, utter silence from IR, and, as can be expected, from management, which seems reduced to just J. Foley as Chairman and P. Foley as Director. They really should update their website's corporate team page.
No more mention any more of Stone and Campbell in the disclosure file. So they are gone too, as is Taylor ?
Everybody leaving the (sinking ?) ship. Where's Wong ?
Meanwhile, the special 99 for $99 deals appeared briefly on the UF website, but the "summer deals" are gone again.
If one charges $1 for a movie rental, and don't do any marketing, I guess it is not surprising that there is barely any revenue increase.
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