I feel compelled to post on this mob from time to time - so...

I feel compelled to post on this mob from time to time - so hopefully less people will get their fingers as badly burnt as mine. I followed them closely for quite a time, and invested heavily in the early days. Back then, this group had leading edge technology that had a rapidly expanding global interest base - and steadily growing revenue as a result. They had some brilliant people on the inside - and more brilliant people in their partner world. They had unlimited market opportunities and their partners were adding to that on a daily basis.
So, what happened? Start by sacking the CEO and pioneer of the technology. Put in place a new Board who have no background, no experience and little knowledge of how to use the technology to deliver a Customer-oriented solution. Then cancel the business partner network in a greedy attempt at gaining access to their retail margins. Whoops, not enough revenue now, so go back to the market for some more dollars to top up the trough. 4 or 5 times they have managed to convince the market to put more cash in to get access to the enormous opportunities created by the very people they had gotten rid of.
However, when you continually look inside and not outside, the money pool will quickly dry up and there's still nothing going on to replace it. Look after each other, don't look after the Clients or the technology, keep sucking the long-suffering shareholders dry, don't employ experience or industry knowledge - and then keep your fingers and toes crossed tightly, hoping something will fall from the sky!
Well, I think the sky will fall in on them. Just short of 800 million shares, falling revenues, never a profit, aggressive, smart, hungry competitors that have now surpassed the technology - strong signs that even the trough is now leaking from all the Board-made holes. Don't worry about turning the lights out, the sky falling on top of them will take care of that. Unless somebody is able to administer CPR real quickly, this dog will be giving its last bark very soon.
DYOR