Re: Company Shifts Business Strategy Due to Growing IP Monetization Success
posted on
Nov 19, 2009 12:43PM
So according to you, EDIG hitting over $30 million in revenues with a gross operating profit of around $20 million is not exciting? Did I misinterpret that?
Seems you have discounted anything positive happening outside of a home run.
I say the market will recognize the growing revenues and profits, figure out it is more low hanging fruit and that tier 2 has yet to be uncovered and that there is much more to be had here. EDIG will have operating capital at its disposal and that opens doors.
The hard question you should be asking then, if you think over $40 million between last and the next 12 months is peanuts, should be, how big is tier 2.
That's a tough question in my book.
Somehow I think for some, no matter what it is, it just won't be big enough.
Fortunately, the negative forces in the chatrooms, or at least those still harboring ill will from their investment history, won't be the ones making the decision regarding how high is high.