I was looking at the reviews of Poynt's [new] android product, and found the user response was extremely negative. So I went back to their last NR announcing the release of Poynt for Android 4.0.
Question for the longs. Does anyone use the Poynt version in question, and if so are is the negative feedback justified? From their NR it seems that they had a lot of concerns regarding Android acceptability, and some other warnings that can be interpreted that they might be using technology that is patented by someone else. The reader advice goes way beyond the norm for "Forward looking statements".
Reader Advisory: Material risk factors that could cause actual results to differ materially from the forward-looking information include, but are not limited to: the deteriorating economic and market conditions that could lead to reduced spending on information technology products; competition in the Company's target markets; failure to realize the anticipated benefits from Poynt for Android; potential capital needs; lower than anticipated user adoption of Poynt for Android; management of future growth and expansion; the development, implementation and execution of the Company's strategic visions; risk of third-party claims of infringement; protection of proprietary information; customer acceptance of the Company's existing and newly introduced products; the success of brand development efforts; risks associated with strategic alliances; failure of counterparties to perform on contracts; failure to successfully negotiate contracts; failure to successfully negotiate a strategic opportunity;need to develop new and enhanced products; potential product defects; ability to hire and retain qualified employees and key management personnel; risks associated with changes in domestic and international market conditions and the entry into and development of new markets for the Company's products; and the risks described under "risk factors" in the Company's Annual Information Form for the year ended December 31, 2010 which is available on Poynt Corp.'s SEDAR profile (www.sedar.com). Although Poynt Corp. has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.