Forward the video to about 44m 20s - Chandratillake quite unambiguously says - in public, on the record and on video - that Blinkx is 'very close to breakeven'.
Here we are more than a year later and there has been no official announcement that the company is at breakeven - and certainly there was no indication of that in the last figures we saw back in October.
This, I think, is why the Blinkx share price is on its ass. More than a year ago Chandratillake said that the company was 'very close to breakeven' - and it wasn't (I don't think any reasonable person would say that more than a year was 'very close'). Then we had what looks like - from where I'm standing at least - the completely amateur, bungled, incompetent attempt on Miva.
And now we have the same Chandratillake running around predicting that Blinkx will be profitable next year.
Is it any wonder that the markets don't appear to believe him and that the share price stays moribund at around a third of the IPO price?
Blinkx should release a full trading update to back-up the prediction of profitability next year - or Chandratillake should shut his mouth and make his actions talk louder than words.
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