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iPass Inc. (IPAS) Message Board

  • santa6anita santa6anita May 8, 2014 6:04 PM Flag

    IPASS BUSINESS MODEL

    I am convinced this business model is trash. If revenues were to abound they would have increased at least 50% since 2011 or 2012. So what if China has a zillion citizens with computers./ tablets / I phones. None of them are using Ipass. All the execs at Ipass will be bailing ship now that their grants are just worth $1.sh. I should have sold long ago. I am sorry wishful dreamers. I am now facing reality.

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    • "Trash" is too strong–though I understand your pain!

      In my opinion–the model is broken for sure and (because) it is managed poorly. They have a revenue stream without any clear guidance.

      The relaxed, joking atmosphere with soft answers to questions on the call after blowing though four mil. of cash and putting up weak revs. (yet again) is an insult to the shareholder base.

      It's cause and effect–the seeds of negativity that were put forth from that call yesterday are reflected in the stock price today.

      Very disappointed.

 
IPAS
1.48-0.03(-1.99%)Dec 19 4:00 PMEST

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