Single Touch Systems Inc. (NASDAQOTCBB:SITO)

CAPS Rating: 1 out of 5

Recs

5
Player Avatar Tastylunch (29.93) Submitted: 1/6/2009 2:11:19 PM : Underperform Start Price: $2.20 SITO Score: +10.68

Reload!They have two million in assets and a 175 million market cap.two cruddy companies are in the process of a mergeroh and my favorite bit in the filings"We were incorporated on May 31, 2000 to provide businesses with a variety of Internet services including web hosting, web consulting and electronic mail services. Given the Internet business environment at that time, we never commenced material business operations in this area, never had any operating revenues, and subsequently concluded that our business model was not valid. "Nicemaybe some day they will have a business worth buying, but this , whatever this is, is certainly not worth 100 + million market cap

Report this Post 4 Replies
Member Avatar anchak (99.84) Submitted: 1/6/2009 4:27:48 PM
Recs: 0

We both have a problem with the start price on this crazy thing now!

Member Avatar Tastylunch (29.93) Submitted: 1/7/2009 1:14:15 AM
Recs: 0

dang it, ah well all is fair in love and CAPS.

Member Avatar TheGarcipian (87.28) Submitted: 1/22/2009 1:31:11 AM
Recs: 0

Carpet burns from jumping on this one too quickly? Good luck, you trailblazers...

Member Avatar creek138 (90.91) Submitted: 6/23/2010 1:30:18 PM
Recs: 1

any idea on why this one decided to rise from the dead again?

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