Since Slushie has been in the news a lot, perhaps you could spend some time learning how to spell it.
If you're tired of losing money on alif and don't believe it's a good stock, then sell.
Most likely, we have to wait till March 14 or so for the next update from the company. That's the deal - it's an otc company with KPMG as their auditors. That's a plus. The future revenue appears to be tied more to OPUS-M and Augmented Reality. The economy has sucked for the past two years. Artificial Life offered extended terms. They may lose some of the ARs from game sales.
I also wondered about Glucomo... even looked it up on iTunes awhile ago. I believe the money is made selling the Glucomo platform to hospitals and such. The app is free for the patients, but the hospitals pay for the back-end software and/or use of ALIF's telematics platform which keeps everything in sync for the hospitals. Supposedly this software can be used for a variety of health measurements like allergies and such. It's a fantastic idea... but I also wonder who if any customers are...
OPUS-M is not an app so it won't show up on iTunes. I have also wondered who is buying this software, even tried to Google it to see what would come up... so far nothing. Doesn't mean nobody is buying... I just can't find anyone. There is a lot of competition in this area... SAP for one.
Green Cortex... ?? I have absolutely no idea what it is or why they would even pursue it.
They don't make money ! They appear to make money because they capitalize all their licenses. YOU GO BROKE THIS WAY ! It is the oldest game in the book. Eberhart is a crook and has been since he started this thing under 5 different previous names only to screw shareholders every time.
I don't look at a Slushie machine all day so I am excused for the spelling error and since I am not going to sell my stock for a loss after three years, I am seeking answers. Perhaps you should too.
Just because the economy slowed down, why can't they collect their AR? Didn't someone collect in order for ALIF to have receivables? If that is the case, why does AR continue to grow? As the CEO, wouldn't it be prudent for him to demand payment or stop doing business with companies that don't pay rather than allow them to continue licensing and "selling" apps?
I decided to sell my digital photographs for $1/each (pictures of lakes, mountains, rivers, etc). You agree to buy 5 million copies and I deliver (electronically so it is at a minimal cost to me). I book a $5 million dollar profit (accrual basis) but you never pay me. I go public and create a lot of investor interest based on my AR of $5 million dollars.
The second year, I sell you 10 million digital photographs. I report 100% year over year profit, but I still have not collected a dime. The third year, you agree to "buy" 15 million pictures. I report a 50% year over year profit and have AR of $35 million. I dilute and sell stock to continue financing the operation until the stock is worthless...I win, everyone else loses.
So you see, AR should stop growing because it is simply bad business to continue licensing to a company that does not pay.
If you are a prudent investor, you should demand that management offers answers (along with everyone else on this board that owns stock). I still hope that ALIF will do great things, but I want them to explain why AR continues to grow and tell us what business partners are not paying. If it is Apple (which I am sure it is not), well, that's that. But if it is Joe's App Shack at the local strip mall, I want to know why they would be allowed to license millions of dollars in intellectual property and get away with not paying their bills.
With regard to Opus-M, I would like to know what clients are using the app (other than botme.com). I would assume that this information would be available as a way to entice other companies into using the software platform. ALIF advertise 18 million downloads? To who? I can't find it on the Apple app store, can you?