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Breakeven Forecast      6-Nov-09 06:43 am    
Peter Blackmore said the following in reporting Q3 2007:
"At this time we feel the most likely break even point will occur in 2009, however, our goal is to put operating plans in place to attempt to reach break even in late 2008."

Just to cool the ridiculous excitement going on over these lousy Q3 09 results. More losses are accumulating, losses worth 15% of the market value this quarter alone, more blah blah about wins without any evidence of profitability. Expenses still much higher than the target 25M required for breakeven, revenues much weaker than what is required for breakeven. Applauding snail pace progress in cuts while market share and revenue is dwindling and the promise of IPTV nirvana is shamelessly replaced by the promise of PTN nirvana is ludicrous. Such shareholders deserve such CEO, lol!
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marksymonk

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Breakeven Forecast
marksymonk 6-Nov-09 06:43 am  
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