The last paragraph is especially interesting:
"The next steps, after the web, are the living room and the cellphone. Chandratillake said he's in talks with various set-top box manufacturers about getting embedded there. As for an iPhone app, he wouldn't say, but implied that some sort of mobile app is also in the works."
This raises several interesting thoughts:
1/ I love the arrogance of the phrase 'after the web'. To date, we have absolutely no evidence that Blinkx has successfully monetized the web, yet they're already planning the next arena of conquest. Either breathtakingly confident or stunningly arrogant and delusional. How about they show us the money they've made so far before laying out another roadmap?
2/ This is very dangerous: as it is on the official Blinkx web site it could raise legitimate expectations in the minds of shareholder and investors - expectations which could well come back to bite the Blinkx management team in the ass. And will if they fail to deliver it.
3/ It's easy to talk - the real skill lies in delivery. What exactly is Blinkx trying to achive by posting this information? To drop hints about a rosy future and keep dissident shareholders (such as myself - but there are more by the week) onboard? To try and attract a buzz around the company (almost totally absent, at the moment) and try to stimulate the extremely moribund share price? A big 'fuck you' to the company's critics?
Myself, I'd much rather have a comprehensive trading update and a clear RNS clarifying the Miva situation than more pie-in-the-sky jam tomorrow nonsense about set-top boxes.
But that would be too easy, wouldn't it?
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