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Augme Technologies, Inc. Message Board

  • aarickm aarickm Apr 18, 2013 4:32 PM Flag

    35 Cents..............Not much to Discuss!!!!!!!


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    • We are hearing noise from the industry that the small companies volume is not moving up as the big guys are reaping most of the benefit. I am most certain that the big boys are cutting those lush margins.

      Augme must hit break even, but without the big increasing sales trend and full margins they will not hit break even. I would suggest an immediate 25% staff reduction and a 15% pay cut.
      Exxec. level jobs should be on 100% pay deferral.

      Close 3 offices and stop paying the rent due. You can always pay em latter!

      Put out a PR on this.

      Find a factoring company that will handle all A/R billing. They will take 20% off the top, but will give money ON SIGHT for invoices.

      Offer 15% discounts for early 10 day pay by customers.

      I suspect they are in a death spiral, time for drastic action.

    • Three things worthy of discussions are (LOC, Dilution and Buyout), I am 100% sure one of the following will happen the coming weeks and months, but what are the conditions and how will it play out? Anyone's guess!

    • At this rate, we'll be in the teens by the time the CC comes around. Volume all but gone and everyone waiting to see what's the deal with finances.

0.0799-0.0001(-0.12%)Aug 27 3:23 PMEDT

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