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Where to start with SocialGo?

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logoIn keeping with its fine tradition of prompt reporting, AIM-listed, social media SaaS pure-play, SocialGO, announced its results for the year to 31st Dec. 2012 last Friday. It's hard to know where to start. We could perhaps begin with the 23% headline revenue decline to £562k (yes, that's '000s). Or perhaps the £1.5m net loss (yes, that's millions). Or maybe we should start with the suspension of payments under the 'distribution agreement' with Catalis SE (see SocialGO warns - and gets social with Catalis). Or perhaps the ensuing 12% drop in share price to 0.27p (yes, that's pence). Or maybe we should just give up and write the next UKHotViews post.


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