doesnt take into account the shares given to Macafee and other companies which make total outstanding over 50 million......at $4 that is $200 million valuation=stupid
the end is coming...50 million shares outstanding x 5 $250 mkt cap with no revenues
This is a sinking ship.....
Exactly. Friday post close news is for cowards. Sillerman faked a bid at $40 million for Wetpaint last year..now he can buy everything for $9 million
wrong...all he did was exchange one series of stock for another and in the process get majority control over the company......shareholders will get nothing when he takes control....
he may have some crazy in him but he is a software Super Star.
Accel partners and top tier venture capitalists built Wetpaint for over $40 million and Rant has a growing viewership. Together they will be a force in the digital media space. The combination will allow cost cutting and cross promotion etc.....DDAy will be a $4-$5 stock