Sales were negligible for the quarter, as was expected. Contracted sales and forecasts better than expected. Appears they are getting ramped up to be dominant player in upscale media advertising in major Chinese cities. The best thing we hope for Is some folks see the small sales figures and bail without reading the rest of the story. Might be good idea to be around on the open with dry powder just in case you get opp. for a bargain buy. It could be last opp. for such buys.
A little sell off this am , but I don't see nay problem with this company. Revenues will continue to increase as the relaese indicates. It takes a little time to turn a company around but these guys are doing it. I spoke wityh the CEO at the OPK shareholder's meeting in Miami a couple weeks ago.
I am fihuring he was there because the CEO of OPK is heavily invested in IDI. He's a self made billionaire and what he touches turns to Gold.