TheDirectory.com, Inc. (SEEK)

[Meeechigan21]

I listened to the conference call again. Does SG sound confident or what! Next 3-6 months are going to be exciting. SG will not do a reverse split unless it create value for shareholders. That's how you know you got a great CEO. They'll be creating new features on the websites that will separate them from other local search engines. They haven't even revamped the City Guide network and raked an average of 195K in profit for the first two quarters. Great explanation about the revenue plunge for the second quarter. Using second quarter revenues to create capital for the company and having a quick return on investment. SG is concerned about long term growth, not Q/Q growth. He is building a company here people. Cleaning out debt and growing the company is his goal. When the time is right and the company is at full strength, he will impose a share buy back program. Those were his words. The company is going to create a mobile app as well and have a grand opening for the call centers in the next couple months. He even hinted Yahoo in the phone call which means Yahoo is probably looking to add value to it's bottom line and make SG a nice offer. SG is not trying to build the company to a couple million dollars a year, this guy wants BIG money for the company. There is no clear leader in the space! Exciting times to be a shareholder. So much to look forward too! LONG!!