PrePaidGSM.net Forum (Archived) - View Single Post - Callkey Latest/Is there hope? [merged threads]

RTuesday · 03-10-2007, 21:00

Looks like there may have been financial trouble brewing since March:

http://biz.yahoo.com/pz/070313/115433.html

(see "Financial Restructuring" where they admit they were in default on a loan).

Doesn't anybody (sunrocket, voicestick, callkey, and especially their investors) realise that a business plan should have a way of making profit built into it from the start. Don't just go out giving away services or selling them cheap, in a business where the revenue per customer is tiny, and then hope to find a way to make money later from volume. It's daft.

	(#8)
RTuesday (Offline) Senior Member Prepaid Expert Posts: 344 Join Date: 28 Mar 2005 Location: See flag Country:	03-10-2007, 21:00 Looks like there may have been financial trouble brewing since March: http://biz.yahoo.com/pz/070313/115433.html (see "Financial Restructuring" where they admit they were in default on a loan). Doesn't anybody (sunrocket, voicestick, callkey, and especially their investors) realise that a business plan should have a way of making profit built into it from the start. Don't just go out giving away services or selling them cheap, in a business where the revenue per customer is tiny, and then hope to find a way to make money later from volume. It's daft.