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I concur. In my opinion, talk about a Reverse Split is not going to attract new investor interest.
Additionally, I would NOT be able to continue to suggest investing here to friends and relatives, unfortunately if the Reverse Split option is employed. "Once burned, twice shy," as the old expression goes.
I'm with you on the issue of a Reverse Split. I have owned shares in several companies in the past, all which PR'ed the benefits of the Reverse Split, and all that ended up issuing many shares, several immediately, and the price became VERY unstable, in a few months it was in ALL CASES fractions of what it had been before. I've even seen this occur when the RS led to a presumed "better" visibility in a more reputable stock exchange. I have only been a loser, repeatedly, in companies that opted for a Reverse Split. It is a very unfortunate red flag, at least for me. I have believed in MRNJ and been very interact, both here and through the IR. I would still hold out a thread of hope for the future here but definitely want to sharply pare down my current, relative holding if a R/S becomes inevitable...problem with that will of course be there will be a rush to the exits. There is nothing fake about me.
Diode, you may be onto something. There might be a lull before the storm going on, just a hunch, of course. What is most telling is that MRNJ shareholders are NOT selling, must be frustrating to some. As some have mentioned before W. Buffett has said that "the stockmarket is a means of transferring wealth from the impatient to the patient." Have a good weekend.
Well stated! It is the same routine that many have observed going on for months, always seems to be a nasty pps drop at the end of a day when good news is just reported. Who would complain about 2 consecutive highest ever revenue days in a row? Seems to me it would NOT be a shareholder. MRNJ is making progress, will be good to see the quarterly reports in the next few months.
From what I discern out of many bloggings is that one of the company's goals is to realize long-term pps increases. It appears that their goals will be reached through revenue increases generated by new clients. As a long-term shareholder I am reassured that the company has long-term pps appreciation as one of its primary objectives. I am not really sure what good it would do the company really to have a promotion to get the pps up in the short-term, unless they wanted to sell shares to new investors perhaps? I am guessing that is not a primary objective for MRNJ, otherwise we might have seen that strategy employed, ie, priming the pump.
Insightful, the cultural influence/impact of the i-phone is pretty amazing, glad that MRNJ can be a part of it.
I emailed IR this past week about Auto-Post. IR wrote back saying that Auto-Post is working and in the field with updating to be blogged.
I am wondering if it might be variable depending on what is being "pushed", for example, when Appflix is implemented perhaps it would be best to "push" movies during the peak movie-watching times or just before( anyone have a chart on this sort of statistic???) and so on...related to product type, if applicable, as opposed to promoting a certain client's portfolio, in which case I would be inclined to stick to a generalized time slot such as you indicated.
I inquired today about the implementation of Auto-Post. The response was "it is working and in the field". With mention that upcoming blogs will address it.
Good point about the break in sales data.
Excellent advertising line, ie "supercharge..."
Diode, good point about Apple promoting MRNJ's RSW Chinese app in 300+ places...may be part of marketing research.
Diode, I'll answer your questions. I am really quite surprised and pleased that the Chinese version of Relax and Sleep Well by Harrold is out of the starting gate and has quickly risen to #42 in China. Confirms that the Chinese market is poised to gobble up good quality apps done in their native language. That seems like a strong incentive to make more popular apps into Chinese translations, which is what MRNJ recently blogged it is working on. Apps, in general, are clearly taking over the interactive communications field and the general awareness of their versatility and efficacy is becoming increasingly more evident and pronounced with each passing month. I think that MRNJ had better brace itself for an onslaught of new, highly desirable clients, as they are clearly now under the radar of the powers that be, given their new marketing via Oprah/Harpo of the ETV connection. It seems like a very good time for MRNJ to seize any oppportunity before it to secure investment capital so that it can be poised to expand quickly to a tidal wave of demand. Hope that demystifies it.
Maybe we'll get a blog today with good news, Merry Christmas.
Maybe when the new app for Gary Zukav is out the revenue targets will rise?
You mean from its high in Feb-March 2011?
Working with Oprah/Harpo can only help visibility...maybe Appflix can be useful to them?
Such a benchmark does NOT mean anything long term.
Things go quiet when they are so busy with completion of projects that they cannot spare the time to blog every day. Too, for a LOT of people, things go quiet when they take off for the Holidays.
Oprah/Harpo to market a product of MRNJ...Oprah is a business that embraces success, the anointed naysayers cannot argue with that fact. Big, smart cats do not readily plunge into things, they do not have to, as the good things will rise up to them...that is the basic dynamic of how real success works in the business world. MRNJ has been VERY SMART to develop the clients it has, anyone who dismisses that fact is not thinking things through and is missing the big picture. Rest assured, the BIG CATS are NOT missing the BIG picture and nor will they miss out on the BIG opportunities. Perhaps Oprah/Harpo will want access to Appflix for some of its projects, especially since the ETV app will be right under their noses. If E. Tolle holds talks with Oprah in public be certain that they talk about other things outside the view of the camera. He will tell her about his apps success, be certain of it, friends are proud of their achievements and enjoy sharing their triumphs. As the Tolle app gains traction, his friends will get more and more curious and interested in it and MRNJ. Maybe they will even consider being shareholders at some point in time. Patience is always key. Impatience is always a turn-off in business.
The way I grasp the concept of Auto-Post is that the company compiles a list of customers, it already has maybe 1.25 million in its data bank, as I recall. Then it sends out an autopost to all those accounts, maybe on Facebook and maybe elsewhere, I'm not totally clear of its limitations. The Auto-Post will give an incentive to a FB account user, for example, if that person agrees to share its contacts list, ie, friends. That way, the company compiles an ever-expanding potential client base that it can send additional advertisements to via Auto-Post or the Push technology. It can offer people various things, for example, trial apps or entry in a contest, etc. as an incentive. Perhaps the Auto-Post embeds ads too, for an array of products.
Savvy timing = Chinese apps + AutoPost.
Right direction = Susan Sarandon + Eckhart Tolle, confirmed in blog.
If the positive does not outweigh the negative why would anyone stay around?
Yes...let's hope it is approved before Friday so we can see how it does over the holidays.
Thanks Storm! Yes, it was that blog that made me wonder if the Zukav mega app was going to be out by the holidays, obviously not so. As I recall, the original announcements about the Zukav deal mentioned a LOT of material would be app'ed, so guess it is taking a while to produce it. Understandable...moreover given that management is busy on many fronts. Again, thanks for clearing this up.
Regarding the Auto-Post update to RSW. VERY interested in seeing the initial response to using it, maybe we will know in the next week or two how it works?
Has the Gary Zugav mega app been submitted? I thought a few weeks ago there was mention of getting it approved before Dec. 16th Super Soul Sunday...anyone else recall?
Good, steady growth...demonstrates the basic power of the app revolution through the explosive growth in sales of devices, and getting the word out about the app. I believe that push notifications have really helped boost sales the past few months with the most popular apps that have benefitted from it. The company has blogged that this effect may be 10-100 fold with auto-post...that would make for a VERY interesting graphic! If Auto-Post boosts sales in a significant way then I would expect to see many new clients...as it will be a dramatic sales tool for promoting the business. A picture is worth a thousand words, as it goes.
"Auto-Post was submitted today." as per blog, just checked.
Can't wait for Auto-Post to kick in! Imagine it will be blogged when it occurs.
Storm...the UH update is proving to be exactly what management predicted. Let's hope that it goes to #1 as they think it eventually will...probably with a little help from Autopost...how exciting to know that Autopost is coming VERY soon!!!
They want any positive board members to give up and go away so that this forum is all negative all the time and the pps stays whre they want it to frustrate the company and deflect its progress so that there is no new investing, it hurts the company. That is the obvious agenda of the doom and gloom. They must have a lot of $$$ and be expecting a really big payoff to keep up the 24/7 slamming that goes on.
Doom and gloom according to the gang. Flurry of short posts always to bury any meaningful posts...the pattern repeats daily according to those making the pattern. Designed to overwhelm and NOT for discussion, only one-sided. Nothing imaginative here, except if you discuss the blogs and that does not further the obvious agenda, so blogs are only criticized in rapid succession by the chorus of doom and then dismissed so that run down pps can be discusses in another series of short posts.
Storm...thanks for graphing the i-ads. Very nice!
Colectinmrnj...you have been really busy today. Thank you for rebutting all the nonesense that is so juvenile and petty, not to mention disingenuous. When the anonymous bullies and manipulators have all drifted onto murkier pastures, perhaps this board can get back to honest discussions. We hear from them daily that MRNJ is about to fail, is putting out worthless apps, fails to follow through on all of its projects, but of course, then we hear that these same claimers admittedly DO NOT read the frequent MRNJ blogs which prove their claims wrong; the ongoing progress that MRNJ is making keeps on rolling out of their entreprenuerial gate, those so-called "worthless apps" by clients that Oprah will interview on Sunday...guess Oprah's standards have really slipped??? Sooner than one might guess, progress will reach a crescresdo and the voices of the chorus of doom will be silent for good. They know that this day is drawing near with an ever increasing pace, they are getting very, very desperate...you know it for certain when "the gangs all here." Enjoy your evening.
I agree! NOBODY cries that long over a dead horse. MRNJ is anything but.
Diode...I am beginning to believe that the true bashers are trying to lump the advocates of the facts about the progress of MRNJ, such as yourself, into the category of "pumpers" so as to discredit quiet any discussion of the positive direction the company is taking, so that the bashers can have the forum without discussion. Just yesterday, for example, I noted someone was pounced on and suggested that his view is through rose colored glasses, for instance. The manipulators are here to stay, it appears.
Storm...now that I recall this strategic alliance, am I to infer from your IR communication last week that the other company's board of directors DID approve the deal back in August/September but its finalization is now being held up by their lawyers final review of the contract? Or is the converse the case, that the other company's BOD will make a much-delayed decision only AFTER their lawyers iron out any impediments to completing the arrangement?
CNMilton...thank you for the refresher. It had slipped my mind but now I remember.