In addition, the company is boldly declaring that it is on track for reaching the cherished land of profitability by the fourth quarter of next year. Of course, if these projections actually end up being met, it suggests that Uproar is currently trading for even less than one times next year's sales. Of course, these are all just projections at this point, and as we have seen time and time again recently in the tech sector, online advertising supported stocks continue to be ravaged with earnings warnings and lowered expectations. That's why we recently caught up with Uproar CEO Kenneth Kron to hear how his company plans to meet its lofty estimates and outlast the recent advertising slowdown. Let's start thing off with a brief overview from you of Uproar's network of sites and games that are offered today.
Users can come on and play against one another, as well as compete for a variety of prizes and cash.
We do this with a combination of public domain content like hangman, bingo and trivia, and then we also offered unique branded content. Finally, we also offer some compelling original content at the tip of our triangle, which allows users to leverage the Net even further and do some really neat things. What we've really been able to do really well is to look at what people want the most and then deliver that. It must grow its audience while also growing its revenue base. When we do these things right, which we believe that we do, you get the kind of sequential reduction in losses that we've seen each and every quarter this year.