ZIM Corp is listed under ZIMCF on OTCBB.
I am looking to share ideas and opinions on Zim's business plan (see Web site http://www.zim.biz/)
. I have done a lot of due diligence on the company, but I want to know what others see in it, good or bad. Recently, ZIM has entered the highly competitive field of downloading dialtones to cell phones. Is this an admission of defeat on Copeland's part from the original plan. And how much better can this new endeavour be?
If you want to know more about Michael Cowpland former CEO of Corel, Mitel, and employee at Bell Northern read the book [b]Random Excess by Ross Laver
. The book gives an excellent overview of what the man is capable of doing as an engineer, promoter, business person, and innovator. I believe that he may have one more successful venture left to add to his credit and that may be ZIM.
Anybody who watched the Michael Vaughan interview on ROB TV will see that Cowpland is up against RIM and even eventually Microsoft in this latest venture(ZIM). He claims that his service will be far cheaper than RIM by a factor of 10 and 90% as effective as far as communication capability. The biggest selling point is that you don't need a computer to communicate, as so you can do it almost as well with your own cell phone. Since there are 1.4B cell phones around the world, he belives that he can carve his own niche market. Cowpland already has partnerships with Dell and HP as well as a distributor in China. Company virtually has no debt as he himself bought it up just recently and continues to do so. (See news releases)
Be aware that I am presently not a shareholder of ZIMCF. I have received no compensation whatsoever for the creation and maintenance of this discussion board. This Web site may contain forward-looking statements that involve high risks and uncertainties. Needless to say I finally sold out my shares in ZIM after it became obvious that the descent was non-stop. I am however still following the company that may have finally reached a bottom. Will the company ever succeed? Is this just a technical bottom play? 2006 will probably have the answer.