Do we know what that last sold share of hang w/ went for? As its not a public company I don't know how to get that info. The price paid for a share of Medl is irrelevant IMO in this calculation
Pay per view, desktop beta version status.... I have traded emails on and off with him the last two years. He usually responds pretty quick.
The question is what is that 50% portion of hang w worth? We have no way to value except looking at similar app purchase prices......which are north of 50 Million. Crazy I know but how else can u value?
The fact that they had no CC with the last financial release was pretty telling in my opinion. I haven't lost all hope, but its getting closer. That said, I really don't care much at this point. My investment has already taken a beating. Not really much left to salvage so I will leave it on the table until its gone or turns around.
Tang, pretty sure that has been in every report. Lots of people stay in business with losses :) I will said to date they have done it without diluting the crud out of MEDL stock. That may change soon.
The cash situation is pretty bleak tho as it relates to MEDL. Time will tell. There will either need to be significant fundraising in the near future or there will be a BIG shake up.
The rumor was twitter was going to partner with meerkat.....and we all know what happened there. The rumor could be correct tho of course. That said they could likely by hang w/ much cheaper then meerkat and get a much more polished app that is already integrated with FB.
that was all known a month or so ago at the last release IMO.....at least it was to me. Perhaps people are just now reading it
I don't quite follow. I will say it's frustrating they didn't fix a typo I pointed out over a month ago tho.
It would be foolish IMO to think current market cap accurately depicts the value of this asset. How can Medl go BK with such a valuable asset? Market proving easily puts hang w/ @ 25 million plus. Why this is not reflected in share price is really beyond me at this point.
Sadly I fobg think they have any money to promote it. The Medl sale was supposed to provide that capital but it would appear that door has closed. I wonder if a patent issue stopped the sale.
Gonna miss ya Don. You are probably smarter then the rest of us. Lol. I'm going down with the ship. I suspect u will have plenty of time to buy in again if u want. I just figure we are near the bottom so no sense bailing now. Who knows tho.