qwerty123
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read SEC annual report www.purple.us lots shocking infromation! 
$287 million debt 26 call center former employees pay off $15000 month
35 people laid off April 2009
enjoy excerpt
We also rely on certain technologies that we license from third parties. These third party technology licenses may not continue to be
available to us on commercially attractive terms.
As March 22, 2009, the Company had a total of 570 full-time or full-time equivalent employees.
We are integrating five businesses that previously operated independently as GoAmerica Communications, Verizon’s TRS division, HOVRS, SLA and VLI. We cannot assure you that we will be able to integrate and manage these businesses effectively.
We have incurred a significant amount of indebtedness that could adversely affect our operations and financial results and impact our ability to satisfy our obligations.
We had approximately $70 million of indebtedness as of December 31, 2008.
We face significant competition which may negatively impact usage of our services or cause us to lose business opportunities.
We may not have access to sufficient liquidity in the event holders of our Series A Preferred Stock elect to redeem their stock. stocks drop $1000 to $2.80
We have historically incurred losses and these losses will continue in the foreseeable future.
The Company has never earned a profit. We had net losses applicable to common stockholders of $8.2 million, $3.8 million and $2.0
million for the years ended December 31, 2008, 2007 and 2006, respectively.
Failure to achieve or sustain our revenue or profit goals would adversely affect our results of operations.
We may need additional funds which, if available, could result in increased interest expenses or additional dilution to our stockholders.
If additional funds are needed and are not available, our business could be negatively impacted.
The Company plans include the launch of new products and we cannot be sure of its acceptance in the marketplace.
We will depend on limited sources for the mobile video phone, which exposes us to risks related to product shortages or delays, as well as potential product quality issues, all of which could increase the cost of our products and reduce our operating profits. Our mobile video phone is available from limited outside supplier(s) due to unique component designs, as well as certain quality and performance requirements. If our mobile video phone becomes unavailable in sufficient quantities in the desired time periods, is discontinued or is available only on unsatisfactory terms, we would be required to purchase the product from other sources and may be required to redesign our product to use components which could delay production and delivery of our product.
want hear more? read report
$287 million debt 26 call center former employees pay off $15000 month
35 people laid off April 2009
enjoy excerpt
We also rely on certain technologies that we license from third parties. These third party technology licenses may not continue to be
available to us on commercially attractive terms.
As March 22, 2009, the Company had a total of 570 full-time or full-time equivalent employees.
We are integrating five businesses that previously operated independently as GoAmerica Communications, Verizon’s TRS division, HOVRS, SLA and VLI. We cannot assure you that we will be able to integrate and manage these businesses effectively.
We have incurred a significant amount of indebtedness that could adversely affect our operations and financial results and impact our ability to satisfy our obligations.
We had approximately $70 million of indebtedness as of December 31, 2008.
We face significant competition which may negatively impact usage of our services or cause us to lose business opportunities.
We may not have access to sufficient liquidity in the event holders of our Series A Preferred Stock elect to redeem their stock. stocks drop $1000 to $2.80
We have historically incurred losses and these losses will continue in the foreseeable future.
The Company has never earned a profit. We had net losses applicable to common stockholders of $8.2 million, $3.8 million and $2.0
million for the years ended December 31, 2008, 2007 and 2006, respectively.
Failure to achieve or sustain our revenue or profit goals would adversely affect our results of operations.
We may need additional funds which, if available, could result in increased interest expenses or additional dilution to our stockholders.
If additional funds are needed and are not available, our business could be negatively impacted.
The Company plans include the launch of new products and we cannot be sure of its acceptance in the marketplace.
We will depend on limited sources for the mobile video phone, which exposes us to risks related to product shortages or delays, as well as potential product quality issues, all of which could increase the cost of our products and reduce our operating profits. Our mobile video phone is available from limited outside supplier(s) due to unique component designs, as well as certain quality and performance requirements. If our mobile video phone becomes unavailable in sufficient quantities in the desired time periods, is discontinued or is available only on unsatisfactory terms, we would be required to purchase the product from other sources and may be required to redesign our product to use components which could delay production and delivery of our product.
want hear more? read report
