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iGo, Inc. Message Board

  • gswkool gswkool Feb 8, 2013 4:39 PM Flag

    The only way

    they could get the stock price to go higher was through a reverse split......great progress.....when's the next reverse split coming? as for the Green technology, I'll believe it when I see it .... I think they'll go bankrupt before it ever sees light of day..just my guess....their other value...the batteries they are selling may have some possibilities...I don't know....I think they make some money on the batteries - but not enough currently to support their payroll and other money losing efforts...hopefully they reduced staff down to a handful and will dump money losing products...odds of staying in business as an independent company I put at 500 to 1.......

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    • Sort of difficult to dump money losing products when 90% of your portfolio would disappear in doing so. Besides, the junk is already in inventory rotting away. Just another write-down in addition to the gigantic goodwill impairment for those two ridiculous acquisitions they made.

      There is no hope. These people are brain dead.

2.800.0000(0.00%)Sep 26 2:37 PMEDT