Not saying Velt's issues aren't real or serious, but I think if investors realized what Velt actually does and can do, it would help allay fears.
Here' s one for you; Look at MM Either Velt is massively under-valued relative to MM or MM is just plain massively over-valued! True, MM has not debt, but their market-cap is nosebleed compared with VELT
If I didn't think the management here has some decent credential, or if the company had zero Fortune-500 customers, I'd be a lot more worried.
I think there's a lot of potential here, although being in breach of the debt convenants isn't something I like in the least bit! But then again, there's a reason it's $2.00-and-change!
Roll the wheel, and throw the dice, but I've seen a lot, lot worse $2.00 stocks out there, imo!
Those nearly 20 billion impressions from 220 million unique visitors now need to get transformed more into profits for Velti. Sales of $275 is great but we need to see rising profits. Hoping new CFO and the renewed strategy to pursue high margin businesses will do it ..