Gator762 opened this issue on Jan 15, 2016 ยท 199 posts
chaecuna posted Sat, 16 January 2016 at 4:17 AM
Poser is dying [1] and Studio is heading for the cloud so nobody has anything to gloat about. I see no sensible long-term strategy than trying to go to a full FOSS pipeline.
[1] SmithMicro financial and business outlook is simply horrible. Sprint (70% of their income) has started the move to other products and Sprint revenues are projected to be 1/3 down just in 2016. Delisting from NASDAQ in March is certain unless SM gets an extension of the grace period (which will give only a 6 month not renewal respite until Sep 2016) or a reverse stock split is performed (and in this case shorters will feast on SM body until the share price goes again below 1$). SM problems stem from the top management and they recently added a poison pill option so no hope of a hostile takeover to send the board away. I see nobody (apart from DOCOMO shiver-emoticon-if-this-was-not-this-shit-of-new-editor) willing to buy SM graphics business.