LPR001 posted at 7:58AM Sun, 01 November 2015 - #4236271

One hour nap and at first glance I thought I was reading the Financial Times. What on earth has Smith Micro's P&L Statement got to do with the Daz DRM woes Razor? Although reading it L Statement might be a better choice.

I will explain things veeeeeery sloooooooly so that everybody, even those inhabiting (or pretending to inhabit) the far left side of the bell curve will be able to understand.

Smith Micro financial situation has impact on the viability of Poser as a continuing developed product or, more sensibly, in our case, with its survival. The evolution of Poser impacts the monopoly status that DAZ is achieving and, consequently, their commercial policies.

B.t.w. SMSI is even worse that what it appears from the above sources because:

• delisting and ending in the pink slip market, with the related effect on customers trust in SMSI is, with the current situation almost certain (when customers to not trust your situation as firm, they are not going to establish a continued relationship with you, the way things work in main SMSI market, telco HW/SW);

• there are consistent signs that SMSI main customer (Sprint IIRC) is "looking elsewhere" and when you lose 70% of your business in a single strike...

• its management has added a poison pill clause to its shares therefore there is no more hope of some investor stepping in, acquiring the control of the firm, firing the board and saving the ship.

Summing up, as SMSI is now, it is foreseable that it will simply go down into BK (bankruptcy) and Poser most likely will to become an orphaned product. Or maybe not, DAZ might buy it for peanuts and add to it Genesis compatibility and DAZ Connect...