Originally Posted by
Brandon Matthews
John.
Here's what you are missing. You are counting retail for 2008. The article stated that management was in the process of conducting a viability study of whether or not the future prospects would reasonably make it a going concern.
The suppositions I made were relative to 2009. I considered the oem outlook, the recession and skyrocketing unemployment. Q4 2008 has no bearing on the future of the company. Q1 however does. And Q1 is bad for all companies.
Regarding your second problem. First comes gross additions, which would increase the sub base. Gross additions minus deactivated customers = NET subscribers, which is your final subscriber number. They will hit 21 million on gross, but its the net that is the issue.