http://finance.yahoo.com/mbview/thr...b2ac23-3e25-48a7-b6e2-d3ec3031661d&tls=la,d,8
Crowdgather is the company that owns Yuku.
Crowdgather is the company that owns Yuku.
On Tuesday, an interesting press release titled, "CrowdGather Trims Sites, Edges Toward Breakeven" came out. Anyone else find it odd that they barely said a word about the sites they "trimmed?" Why is it a good thing? Did they sell communities to get some much needed cash? Did they cut costs by dumping properties that weren’t making them money? If they're just cleaning out garbage, why would that bear mention in a press release, let alone share the headline?
Or are they actually just trying to spin the recent loss of top Yuku communities like SixPackSpeak and NikeTalk (the #1 site on the whole network)? If so, saying they "trimmed" sites is like saying that Kris Humphries and Tom Cruise recently "trimmed" spouses. They got dumped.
Not an encouraging trend.
Last edited: