Yeah, I hear ya!!
Unfortunately, that tact resulted in many long-term shareholders bailing out last month in the face of his silence.
But I guess the upside is that when he finally does speak, it will be about something of substance.
I'm hearing 3-6 months to get this ship completely turned around and set on proper course. But that does not mean that the stock is set to go lower. In fact, it does appear from the chart that it has put in a bottom here and is rebuilding and consolidating, preparing for a resumption of the uptrend.
March should see the release of the next version of Web-2U, which will incorporate more features similar to WebTB, thus increasing the attractiveness to potential clients.
That means that Evans has a lot of work to do in increasing visibility, completing the restructuring of the corporate entity and brand name (officially changing the name and symbol of MSU to Web-2U), locking up all potentially conflicting website DNS' by buying them out so he can get rid of that friggin' hyphen in the URL (he probably won't do this as I've recommended to his advisors), and getting on track for a Nasdaq listing.
Oh well... I still think the product has merit, even if it involves loading someone else's software (like Liberate's) on their hardware platform.
Regards,
Ron |
