When you have an overhang short of 800,000 the stock goes down a half buck, on a measly 40,000 shares. That is how volatile it can be The annual meeting yesterday was like most of the meetings, boring,uninformative and really speaks volumes on how unsophisticated mgmt is and how poorly they present themselves and their ideas. As for the other people I met they were less,than inspiring. If you were there I was the one whom voted my shares at the meeting. Oh and for you smart guys I do own several shares long so I can vote and make my displeasure known to management. Now lets get back on track and issue more shares, not make any money, dilute the longs and just generally fail at everything
"BUT, my thinking is that most people that have to do recharge, probably pay in cash - not on a credit card or debit card." Yes that is how they have done it, because they had no other choice. But things are changing now that they have debit cards and ATM's and they want other more convient ways to buy their minutes. For those that will always pay in cash they will use POS recharge. EEFT does that also!!
You age a freaking idiot- "When you have an overhang short of 800,000 the stock goes down a half buck, on a measly 40,000 shares." What do you think will happen when those 800,000 or probably 900,000 shares cover .....it will be more than a measly half buck. You are running out of time you and the other idiots. HAHAHAHA, what is it going to feel like taking it up the asssss on this one!!!!
Oh, you were at the meeting, so was I. Big deal, it was a shareholder meeting, a rehash of the 1Q conference call.
There was NO ONE THAT VOTED DURING THE MEETING That is a fact!!!
You may have voted your 200 shares before the meeting, but NO ONE VOTED DURING THE MEETING you lying idiot.
In fact everyone there, but you, was long the stock, very happy and wondering how they are going to spend all the money they have made investing in this good company.
69, I was at the meeting and the same holds for me, i didn't hear anyone stand and state their name and number of shares and vote. You may have done so at the door where the gals ask if you had mailed your proxy, but not during. Did you hear Mike Brown say that the recharge is free to all mobile buyers? Did you hear them explain some of the other things that have been discussed on this board? Nice to hear some of the clarifications. Wish you had introduced yorself to me. Where were you sitting?