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Onstream Media Corp. Message Board

  • adamsmith7588 adamsmith7588 Jan 10, 2013 1:39 PM Flag

    Poor 4th qtr.

    4th qtr.revs. down year over year but mgmt. salaries up year over year. Wait for the BS spin on the 15th.
    Nobody buying the BS. All the shorts covered & stock on life support.

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    • they didn't mention the 1st quarter so that must suck as well.

      my guess is they get at most one phone call after the usual fake cash flow positive bs they like to talk about.

      they will then use this new deal to pretend the marketplace 365 mess never happened.

      selman likes to say that they can sell this company for x times sales so he should take his own advice and try to find buyers for all or part of this. The shareholders have been totally destroyed and he has no chance of interesting any new investors to buy this at any price so why continue the charade. Is it an ego thing or do they just want to keep their paychecks flowing till they run out?

 
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