Well that took them all of a couple months. I hope Hang w/ is taking notes. While they are allegedly creating a top shelf app, non top shelf apps are finding better ways to gain users and value. At some point they need to forget about developing the app and try marketing it........if its not already to late that is.
basically......but its encouraging they have the finances to grow their workforce. That tells me thery are moving in the right direction....however slowly that may be.
I think we have a long while before any ships sink.....if they do. The technology is just starting to heat up.
this is not the first article to fail to mention MEDL......I have complained about this in the past as well
this is what drives me nuts......just need the right analyst person to speak up about Hang w/
you do realize the short interest is quite low right now right? Shorts aren't holding this down. There is simply no demand for shares.
AS much as I hate to see Hang w/ need another round of funding it should at least value them significantly higher then the 31 million they were valued at last time. Will this transfer to MEDL shares price? Doubtful but hopefully a little.
Meerkat was valued around 40 million a couple months back. Hang W/ should easily be double that IMO.
Guessing 150 million.........that said, Dave and Andrew do like to toot their own horns. If there was an offer, even if it was for less then they want, don't you think they would make sure it got out to pump up the value of MEDL?
I think it's because Dave and Andrew are asking a rediculous price. Per Medl share price hang w/ could be bought for 5 million which is obscene. But it is what it is. The Medl portion of hang w is killing hang w value sadly.
Guess I need to see it to believe it all. I would be very disappointed to see MEDL's ownership drop below 50% personally. I was really hoping the would have had revenue at this point allowing them to actually start being back shares of Hang w/ and increase their ownership %, not decrease. The BBK deal falling through really hurts.