A
anonymous user
Guest
Have you thought or ask yourself this question, why in the history VRS companies except Sorenson have failed to develop new product from stratch that would result success? I am speaking of making their OWN equipment not buying from other companies that tried in the past. Here is another example VPAD, which Viable developed which lead them trying to cheat the system to revamp the losses? BUSTED!
Hey, don't you forget what happened to World Gate that designed Ojo, don't you remember they cut off the service? That is because SnapVRS is so broke they can't pay for the product (OjO) until the point where World Gate realize there is no profit in there decided to sell Ojo to smaller company at loss.
WAKE UP!, if snooze you lose!
Doesn't make sense to me. They simply made bad business decisions and in Viable's case they become too greedy once they see that the business is lurcative - if they had sizable market share like Sorenson they'll be making a lot of money. Sorenson had initial investment from Dr. Sorenson himself and they were already in business of licensing its video compression software. They saw there was a market for VRS so they decided to get involved. Along the line, they lost the sight and became greedy. Why sell bonds and promise investors they'll get significant return? Why can't it focus on its core business - providing quality VRS? FCC is revising the rates in an attempt to prevent any VRS providers from becoming too greedy. Doesn't history repeat itself - see what happened to Wall Street? Greedy. I don't think it's hard for anyone to grasp that.
Sorenson can afford to waste money by sending its drones to customers on regular basis. Rate cuts will probably cut that down so that'd be a good thing.