Positives, Clark said that senior management would be spending time on talking to investors and doing roadshows, he seems to care about shareholders. Debt is way down! Quantcast #s shows web user #s have bottomed and have been going sideways for two months now and finally, the company has started giving guidance.
Negatives, revs sucked but we knew that this would happen as we moved to mobile, and restructuring cost are never ending!
So, Cook has taken MYB public and dumped quepasa and has moved to the next gen platform, lets hope it works.
From conf.... David Clark ....
Before discussing our results, I just want to say it's been exciting to be part of the MeetMe team and I look forward to meeting our investors and analysts on the road in the days and weeks to come. We plan on taking steps to make the MeetMe store more visible to the investor community over the next quarters by making management more accessible to both buy side and sell side constituencies through conference attendance and non-deal roadshows.