It doesn't make sense to me that companies who began working on their mobile marketing/advertising strategies earlier this Spring and Summer would let the 2012 holiday season pass without putting the plan they have been working on most of the year into action. Following this simple logic, I anticipate much more news about contract signings over the coming 4-5 weeks. The announcement of a big contract would do much to attract more large customers as well as potential buyers of the company.
thedude, I suspect that Augme has been in secret talks with one or more potential acquirers. Maybe management is awaiting the outcome of the legal matters (more than one) . If they win one or more big, they can use the $$ in many ways. If they loose all, then the buyers will come into action. There are not many options for them & we all longs hope Hussey (the new CEO) will turn this boy(not a baby anymore) around. By the way, I now own a modest 11,000 shares(no comparison with some big hitters on this board, per their admission). Hang on
I doubt they are in talks with acquirers unless the buyout price is a hefty chunk above 125 million b/c that is when Hussey starts to get his 1% selling price. And at this point, why would someone buy them out for say 200-300 million when they're trading at like 60 million? I think it'll be a year or so until takeovers have some teeth. We need some time to right the ship.