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Atrinsic, Inc. Message Board

  • vertrosaht vertrosaht Apr 4, 2011 11:23 AM Flag

    Management hopefully can tweak the business

    in the coming quarters such that the revenue numbers can rise a wee bit and the cost base can recede a wee bit..if that happens, the biz will be cash flow positive and any and all bk worries will be behind us

    My prediction for Q1 2011 , that report will come out in 4-5 weeks, will be as follows:

    Revenue...8.2 million
    Cost base...11.4 million

    the shortfall on organic cash burn will be minus 3.2 million

    Hopefully, by second quarter 2011 the rev numbers can climb higher and the costs base can continue to recede...

    2011 Q2 Earnings

    rev base...8.6 million
    costs base ...10.6 million

    minus 2 million organci cash burn

    now the IRS is due to mail out almsot 1 million in tax rebates to ATRN in a month or so (In October 2010, the IRS mailed a check for almost 3 million to ATRN...re 2007 tax refunds) this is what helped the cash bleed in Q4 2010.....this tweaking quarter after quarter, with possible asset sales (which ATRN does have) can float them until the biz turns profitable...Bill Gates said years ago that the only viable music delivery model would be subscription based and that would compensate the music record lables via royalties...he said streaming vis mobile devices would be be a big deal..I see ATRN , if they dont screw it up, being at ground 0 for this new revolution I am not turning majorly positive on this co. I just see the potential for big things as long as management stays focused and executes.All in all its a risk either way...big returns or headed to BK court

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