I am very bullish on the NEW Augme/Cricket. I am very interested to see if we can spot any improvement to the bottom line from Hussey's house cleaning, or will we have to wait another quarter. Not taking into account any IP/court news or settlement agreement. I'm just interested in the revenue .... show me the money!
I hope the excitement is still as high as last CC.........
I think the possibility of more financing is keeping the share depressed. Even if we do need more financing it will be minimal and I think our guy knows where to find it, so worst case... ain't so bad. If this happens there will be an emotional response to the downside on share price and I will go ape crazy buying, especially if good numbers are ignored. If we have enough new revenue to keep the boat afloat, i think we start a steady climb back up.
red, the fact that you nailed that other stock and bullish on Augme makes me happy. either you are very smart or you know something or both. I believe you to be at the least, a very smart man. :) hopefully patient as well.. lol
It really depends on RH and how well he was able to cost most of the fat this Q. If he was able to get most of what he was alluding to cut then combined with $7.5+ M of revenue we should see less need for additional funding. I also believe RH is better in finding non dilutive financing and is looking at options now. I don't think with the stock sitting where its at today the management is going to risk another dilutive financing. Overall we will have a great numbers and I am more interested in an update on the IP front and monitization.
There will be some initial costs and expenses to some of the cost saving moves Hus has made. If viewed accurately, investors should be able to look past these negatives to a leaner business model with growing revenues. I agree that there may be an opportunity to buy at lower levels initially if one reads no further then the headlines. Not sure what to think about future need of financing.
NEW YORK, NY--(Marketwire - Sep 21, 2012) - Augme Technologies, Inc. ( OTCBB : AUGT ) ("Augme" or the "Company"), a technology and services leader in interactive media and mobile marketing and mobile advertising, today announced that it is implementing a restructuring program that is expected to reduce ongoing operating expenses and improve cash flow by approximately $6.0 million on an annual basis beginning in the third quarter of fiscal 2013 ending November 30, 2012.
The Company estimates that it will take restructuring charges for the third and fourth fiscal quarters that will total approximately $1.0 million.
hey spetty, lol thanks for the morning laugh, it seems you have now become the class clown..i almost spit out my coffee laughing so hard..that was really funny..what a tirade..but if you were half as smart as you think you are you would know that calling the company is worthless..they cannot tell you, infer, insinuate, allege, hint or anything that is not public information..dont you know that..they can only restate what is public..get a clue bubba..i have never heard so many bulls trying to explain such a miserable stock..i had for gotten about the "pig farmer" who told us that one ? billy? i forget, so many lies and misdirection..almost feels like a group involved..like the saying "who you gonna believe, me or your lying eyes"....this board has become a comedy act and your headlining..