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Infosonics Corp. Message Board

  • denniss531 denniss531 May 14, 2013 2:59 PM Flag

    Time for a change?

    Does anyone expect to see a change in management? I get the feeling Ram is stringing us along and keeping IFON alive just to continue to collect a paycheck. Clearly, they are not executing on their business plan and haven't in quite some time. Can't the board see through this? I don't know about anyone else, but cash is now down below 5mm and I would not be buying any shares at this level based upon current performance of the company. There is just too much risk that this stock falls below .20 with another two quarterly losses. I also noticed for the first time Ram had no encouraging words to say in his PR. Maybe he realizes also that IFON is no longer a viable business and can't compete. Sad to think even when their target market is third world countries with second rate phones. Did anyone really believe that anyone would pay $169 for a Verykool phone when you can get a subsidized Apple IPhone for $99?

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