Our Research

INNERWORKINGS, INC. | INWK | APRIL 30, 2013
We believe shares of InnerWorkings, Inc. (Nasdaq: INWK or “IW”) are grossly overvalued and poised to collapse by as much as 55%. We believe the company is inflating its revenues in violation of GAAP principles by misapplying gross revenue accounting, placing it in violation of its credit.
Read more
BOULDER BRANDS INC. Follow-up | BDBD | March 5, 2013
Prescience Point has published a follow-up report on Boulder Brands’ (Nasdaq: BDBD), consisting of a deep-dive look at the company's Q4'2012 results and management's 2013 guidance. In short, the story does not add up and we expose the red flag components of its missing pieces. With the stock having fallen.
Read more
BOULDER BRANDS INC. | BDBD | FEB 26, 2013
We believe shares of Boulder Brands (Nasdaq: BDBD or “Boulder”) are grossly overvalued, perilously levered and poised to collapse by as much as 70%. Boulder, formerly known as Smart Balance, has had a troubled history since coming public through a reverse takeover in 2007. It has failed to extract.
Read more
Active Network Inc. | ACTV | Feb 12, 2013
Since initiating The Active Network (NYSE: ACTV or “Active”) at Strong Sell in October 2012, we have uncovered further evidence in support of our conclusion that the company is structurally insolvent and resorting to measures of desperation to save its failing business. We now believe ACTV's balance sheet and.
Read more
Active Network Inc. | ACTV | Oct, 2012
We believe shares of The Active Network, Inc. (NYSE:ACTV) are grossly overvalued, reflecting few, if any, of the serious risks that could threaten the company’s existence. We believe the company is functionally insolvent and that management has taken to masking the company’s weakening financial condition by gaming the accounting. As a.
Read more
Page 1 of 41234