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If any of us break even...that will be a miracle.
Worst CEO in the history of CEO's...
YOU MEAN
TEXT SAVWATT to 46800?
<SOAPBOX>
Why is everyone blaming MinMar? Really?
Fact is the CEO/Management of GOIG and GO800 flat out of failed.
When I first heard of this idea, I got excited. It kinda makes sense. There are tons of companies doing similar stuff to GOIG that are striving. So, I would not blame MinMar or anyone else - BUT IKE. Flat out....
Now, it is MinMars job to market the product - then its their fault, I guess. However, I believe that should be in the "capable" hands of Mr. Ike Sutton.
Clearly, he/they/GOIG/Go800 have NO roadmap, NO idea of a direction they want to take, and NO clue on how to penetrate this market space. Its evident, in this last ditch effort to piggy back on Twitter. With a silly attempt to charge cell phone users to connect via a text to their friends and associates. Does that make any sense to anyone? If it does, news to me...because I am not paying GO800 per-minute to connect to my friends via text when I already have a contact book in my cell phone and SIM CARD/Gmail contacts. Or wait, are they paying per minute to connect to me? Anywho...this Twitter plan will not work...
FAIL.
</SOAPBOX>
But Ike is a "true marketer"
So he says.....
"Things will change in 2011"
LMAO
Someone got rich off of this...I wonder who that could be.
That's gonna be a difficult tree to bark up...but if they can do it NOW before Facebooks "Deals" comes out...you never know.
Also, google tried something like this via search and its no longer around http://code.google.com/apis/coupons/
But about Facebook:http://www.facebook.com/blog.php?post=446183422130
Good like fighting that monster. Also, that may be patented already...
Yeah, and you know what boss...Tweets and Facebook are free. They cost those people not a red cent.
I already pay $100/month for unlimited text, I already have a contact list in my phone, I have google, I have facebook on my phone, I can tweet from my phone. Why would I want to pay more for someone to be able to TEXT MIKE to 46800? I wouldn't pay for it...not one red cent. Furthermore, why would any pay per minute? Aren't I already paying to get connected by my cell phone company? That doesn't make senes to pay someone else more money to get connected via a text....at least to me it doesn't.
Now, obviously you didn't understand my email. Let me break it down for you a little further. Basically what I am saying is GOIG is going after the wrong market to gain revenue. Facebook does not make you and I pay. Twitter does not make you and I pay. Google does not make you and I pay. They make BUSINESSES pay to advertise, paid tweets, etc. GO800/GOIG has it backwards. Give their service away to the masses, but make the businesses pay to use it...
However, obviously going after businesses...that has not worked.
Yes, give it away for free to businesses. Give them a couple free hundred connections via GO800 per month. Show them it works, prove to them it drives traffic, then introduce the silve, gold, enterprise plans, etc.
Agreed. Big question is...what next if this Twitter thingy fails?
Oh well...it was fun while it lasted....
So, the thing is with these audited financials...we should already know what to expect.
1. Obviously the "voice keywords" were not selling. Therefore, profits, revenue, etc. I'd assume will be tiny or non-existent.
2. 200K salary (I'd like to see if this is the same, more, less or cut).
3. Bunch of shares given out as payments for stuff ("consultants", etc.)
Can someone please tell me one reason, anyone would pay for over a "100 minutes", just so someone can text them instead of using their list of pre-populated contacts already stored in their phone?
Really, this should be laid out as such (in my opinion):
The overall feel of it:
Business:
1. Get a free service and keyword that will allow 100 connections per month via GO800's service.
2. If the business is generating lots of leads via the shortcode and want more connections (traffic to their call centers). They upgrade the service to a "gold or silver" package.
Users:
1. Get a free keyword
2. If they want to add additional keywords to their phoneline, they pay
I do not think any typically joe blow cell phone person is gonna wanna pay an extra $5-25 a month just so Ike can text HOTTIE69 to 46800 and get a phone call....
Seriously, a NDA...is a lame excuse. You can google all over the place and find massive sites on corporate websites that are dedicated to their clients, etc....
I wish he would have just told us how many freakin' clients they have...even if it is zero.
Oh boy...this call....a joke.
Hmm a bit of confusion:
How do you actually use twitter to sign up?
Also, I'm a bit confused on how/why a cell phone user would pay for a vanity text keyword connection by the minute? I don't see that working very well personally. Personally, I'd just use my contacts list...etc.
Now, I could see businesses paying based on connections per minute or something along those lines. But just not a personal user.
This "new direction" seems way unfocused and just something thrown against the wall and seeing what sticks.
Wait. What? Charging per minute? How/Who gets charged?
Does that mean, the advertiser will be paying for the minutes?
Why would anyone pay for this stuff as a vanity by the minute? My suggestion to Ike was more toward a business paying as more users connect to their shortcode.
Question to add to the list
Ike - did you know about your newly employed CPA dudes sketchy past and his accused tax evasion.
What was that guys name again? Is he still with GOIG/GOIP/GO800
Someone should add that to the list....
Yeah, I doubt he will field random unscreened questions from the shareholders.
Great questions....hopefully there is some type or EULA signed when the user signs up for the GO800 service. I'd hope / think...but I'd like to hear from the horses mouth....
limit order....
looks setup for triple zeros
I dig...now, does anyone plan to record this conference call as a backup in case the offical recording gets deleted...
agreed....oh well...we all took a chance in pinky land.
something i'll be sure to steer clear of in the future....unless of course GOIG does the unthinkable....
I can only laugh that this post...when we are actually down 90%...
financials and making money is the only news i care about...all other news is "fluff" to me....
K cool. So, what makes them stand out? Why all the focus on NITE? Just curious...I'm kinda new to this stuff...
so, i hear this "NITE" thing thrown around...
can someone explain what NITE is?
Seriously..."improved"
Improved, my a$$....
HHHHHHHHAAAAAAAAAAAA....
BUT, its never gonna hit triple zeros...ever.
that reminds me of the line in "Team America World Police"
Gary Johnston: I promise.
Gary Johnston: I will never die.
I was looking for that post yoyo!
thank you!
Exactly...it could just be AH (one) twitter post....
I'm 99% sure that's how this will go down...
There's no other way Twitter will allow GOIG to tap into their infrastructure, etc.
No need to wait for details...or insinuate that its a joint venture...
See, its not a joint venture...im 99.9% sure of this.
All GOIG is doing is paying for advertised Tweets on Twitter.
That's it...people may or may not get the concept.
How will they know who to text to get a call back?
Its a guessing game for people who dont know...it doesn't have much of a footprint yet...
exact same story here...heard about it from a friend and i just bought on a whim...THEN I research...cause I thought the idea was good, and seeing BERMUDA to 48600, etc...got me all excited...
MEH...that'll teach me...
http://mashable.com/2010/04/13/twitter-promoted-tweets-are-live/
http://blog.twitter.com/2010/04/hello-world.html
I wonder how much a paid tweet cost? Anyone know?
Because that's the way I think GOIG/IKE/GO800 is going to try to get the word out...
With what money? That's my biggest question for Ike...
I wonder how long they can stay afloat? We'll see....
I have a feeling its not much longer...
Yeah, to me...advertising on Twitter ain't going to save the sinking ship. I'd like to hope it will help. In fact, I was a supporter of the Twitter idea...but I don't think it should be an end-all-be-all approach. There needs to be more than that...but I think already being 11 million in "debt" (while the "CEO" is paid 200K+ according to financials), and growing...the well might have dried up a bit.
How is the year change going to improve managements shortcomings?
triple zero's by the end of the year....
this is getting comical. big time.
It's pretty much a vertical drop....meh...oh well...lol