No word from VS, which might mean a sale is likely, the question is how much.
Their was no mentioning of SVV, very strange after so many years. Might have been a struggle
To get him out. Also no sim growth, which is a big negative imo.
My believe is that it is going to take at least another year before this company is profitable. It sounded
Like they have to start from scratch with no cash left.
Happy New Year to all, lets hope we break even at least in 2016
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). x Yes ¨ No
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? x Yes ¨ No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
For the quarter ended September 30, 2015, the Company’s revenue decreased, cost and operating expenses decreased, loss from operations decreased and nuet loss decreased comparing to those of the quarter ended September 30, 2014
So the reason for the delay is decreased revenue, cost and loss???
Do I miss something here?
In order tu use the link you have to replace the dot for .
If you can't read portugese, just translate the page.
It's about Surf telecom and their prognoses on the market.
In short, they plan for 6 million subscribers within 5 years and will begin operating the first quarter of
Patience is needed for any revenues from this operator.
They announced that their platform is chosen. Now we'll have to wait untill these platforms are going to be used by new mvo's. These are separate companies or maybe in Verizon's case, subsidaries. This needs marketing, organisation and most of all, time. If you look at the Brazillian Surf site, you can read they are looking for enterprises to use their network, offering a first class platform and low prices. It seems nothing is happening sofar, otherwise they might mention references of existing or new companies under contract. So in my opinion, we just have to wait untill new 'Lowi's' are announced before we can even think of revenues. That said, I have to agree with Sirius, ET has laid it's base and now it is up to the big Tiers to sign up MVO'S. This might take some years, but once running, ET might grow fast, very fast.
I also think that VS might be a positive surprise. If ET sells or not, it might be valuated at 50 or 60 Mn. If that's the case and the report comes out or bids come in, the sp is going to fly.