I have been reading a flurry of press releases in the last couple of weeks from a company I suspect none of you have ever heard of – Global Satellite Broadcasting Corporation Ltd. (GSBC).
The releases have steadily announced the acquistion of several other companies and culminated yesterday with a news release about how the firm expects to generate $43,000,000,000 in revenues over the next five years and basically own the entire digital signage business.
I could kick this on ALL over the place — as it has that familiar smell of mining stock promotions from the late, great Vancouver Stock Exchange — but fellow blogster Bill Gerba does a great job of coming off the top rope with a flying elbow drop on this bunch of, umm, fanciful thoughts.
Dave Haynes is the founder and editor of Sixteen:Nine, an online publication that has followed the digital signage industry for some 14 years. Dave does strategic advisory consulting work for many end-users and vendors, and also writes for many of them. He’s based near Halifax, Nova Scotia, on Canada’s east coast.