Welcome to the Sprylogics Hub On AGORACOM

Click "edit fast facts" to make changes

Free
Message: I would like

I suppose there are a number of things that could have been said. I am sure Poynt was mentioned. Now would you start by saying that Poynt's market cap at one time was 75 million at it's peak or would you cut to bare bones right away? Bare bones is that just before it went bankrupt and under creditor protection it had a market cap of 15 million with revenue of 2.5 million.It did have 10 million in debt but that has magically disappeared. Oh and we won't need anywhere near the 1 million/month that Poynt needed to run themselves. For one we won't have a huge capital overhead that Poynt had(if I recal correctly they rented an entire floor of a building) as we farm all our stuff out(I think). We won't spend 1.5 million on Nascar advertizing. And a few more odds and ends and we believe that we can make Poynt profitable on its own.

That's how the conversation may have started.

Share
New Message
Please login to post a reply