I see the MMD fan club is out in force this morning. The Bay City Rollers are now no more so their fans have turned their affections to MMD. They don't like any criticism of their loved one. Blind love and adoration is the order of the day for them.
They have sold their own office premises to raise cash and now spent the cash.
Thye have had to go back to their shareholders for more cash twice in one year as they blew the first lot.
Two board directors - the FD and the CEO left in the summer to save cash.
They had terrible results a couple of months ago with very poor sales.
Thye have had production problems delaying their hugely expensive mm745 videophone, which probably won't sell anyway as it is too expensive. Can you believe that they even built a web broiwser into it?
Their videophones don't work over the SIP protocol, which is a problem as the US cables companies have settled on it as a standard.
There is a US company called Viseon that has patents which may mean that MMD are infringing them. Viseon even mentioned Motion Media by name in their press release of patent granting in UK, US and Europe. This could be a killer blow to MMD.
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