I am now a consultant to cool at 10k per month
Till I CLEAN OUT WHATEVER $$$ IS LEFT
issues a letter to shareholders from recently resigned CEO Jesse Sutton that details the leadership transition as well as updating the company's transition away from retail games.
"We have reduced our headcount dramatically, and our cash burn, in order to focus on the download business, which is essentially a royalty business where games are downloaded from servers maintained by game companies, such as Valve, Microsoft, Sony and Nintendo," Sutton writes.
Future quarters will be breakeven to profitable, he says, as the company prepares to launch two titles, Glue and A Boy and His Blob.
He says he's agreed to stay on as a consultant as new CEO and Chairman David Rector takes the reins. As previously reported, he'll receive a severance payment including 50% of net monthly revenues from that business, up to $10K/month
I think I wait for better price as millions more shares will be made available soon. I try to sell for better price but no volume. cheaters want to sell me more at high price after I dump at lowball price. Me try to figure out what products they sell. Broker tell me they now sell widgets for revenue. I ask what kind of widget? He say.
Same as the Greeks sell.