06-17-2014, 04:40 AM
'macberry' pid='45133' datel Wrote:50k more for Steve on Friday plus a 100k private placement to directors . For a company that has been so quiet the execs are sure putting quite a bit of money in. Wonder if those two things are related.
Well, many people abandoned this because Clipstream hasn't taken over streaming video by storm. However, many don't realize that:
- The margins on both MPE and Clipstream are very high
- Online video is growing at double (if not at triple) digit rate
- It only takes a fraction of this market to make a meaningful impact on the top, and due to the margins, especially the bottom line.
Yes, things are moving slow, this is a small company without much resources and they had to tailor the product to the wishes of different constituencies, but we'll see a turn-around in their fortunes before the year is out.