No Comment: What speculation looks like — MTSL/MER TelemanagementPosted: February 26, 2014
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Revenue and margin drop off — Volcano eruptions in per share price
And… From the company’s 20-F filing for fiscal year 2012:
During 2012, Simple Mobile was acquired by TracFone and in October 2012, we renewed our agreement with them to provide for minimum monthly payments of $300,000 during the year ending December 31, 2013. Recently, we were advised that TracFone intends to migrate the hosted billing services to their own platform. It is unlikely that we will receive significant revenues from TracFone in 2014, which will adversely affect our operating results.
And… extracted from the company’s 20-F filings from fiscal years 2008 through 2012:
Dont be a Mooch!
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