M.R.,
Don't get me wrong, I think Anycoffee is two-bit right now, and I don't expect it to become some major internet IPO anytime soon. However, Sitra claims to be seeking funding for it from somewhere, and with a decent amount of cash it could become something special. The key element here is $$$.
IMO if ANYI can get $$$ from somewhere they can make Anycoffee a real site, and they may even be able to advertise for the other ANYI sites. Its easy to look at the present cash starved situation at ANYI (and BANY for that matter) and write them off. Afterall, I wouldn't say they have been enormously successful so far in raising the kind of long term cash that they really need to run this kind of operation until it can become profitable. But realize this, there has never before been the kind of venture capital $$$ out there for small businesses to use as there is today, especially for internet company's, and ANYI doesn't need a ton of $$$ by today's standards. All it takes is one big boy to underwrite ~1-3 million $ in financing, and ANYI will be a viable company IMO.
I didn't get to listen to the CCall, but I heard someone from Oppenheimer was on the call. Can anyone confirm this, or elaborate on ANYI's plans for financing? If they can get the $, which = long term stability, the stock price should rebound significantly. I have a feeling something is in the works, and maybe in the short term, since they have to entice current shareholders to exercise these options.
I think trading between now and Thursday should be interesting, alot of folks may be getting in before the dividend, and I can't imagine too many wanting to get out and miss out. It sure would be great to get a PR announcing a new source of financing by Wednesday:) |
