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and then right back down.....to complete the pump and dump
I never said it's not going up. It probably will go up again before it comes crashing down again. I'm watching this one from the sidelines because I don't believe they a have sustainable business model. Good luck to you and everyone else in this one.
some of your previous posts reflected that you actually believed in the company's potential in terms of their service and not just the stock potential. Good luck to you.
Oh, I'm not saying you can't make money playing the stock. I'm just cautioning you and anyone else that feels this company has something unique to offer.
And by the way....you may not have noticed, but A LOT of people lost money when they bought at .40 at the top of the last pop only to see it tank.
I have to respectfully disagree with you. They are ridiculously overvalued. They don't make any money! You can build a website, but without visitors/subscribers, you have nothing no matter what you're selling. The reason they have volume is because of stock promotions. If you are playing the stock, play the stock and hopefully make money......but please don't expect this company to revolutionize the online deal world. Without hiring a sales force, they can not offer exclusive deals that they source from merchants. They can only use affiliate programs that any Joe Shmoe can access. You should probably do a little research on deal sites and affiliate marketing. It's a 100% legitimate business but there is virtually no barrier to entry. In the online world, its all about traffic and building databases and that takes time and money. Not impossible, but not easy. Just don't expect the launch of the deal of the day to miraculously generate droves of visitors.
I don't feel that the general markets affect the pennies that much, but I'm no expert.
They are not doing anything revolutionary to be the next big thing. They have nothing proprietary or exclusive to offer and they are charging people a monthly fee to access deals that can be found on hundreds of other sites for free. Doesn't mean they can't make some money but they will need a hell of a lot of marketing to set themselves apart from every other deal site. Oh, and convince deal hunters to pay for their service. Remember, deal hunters are DEAL HUNTERS! They try to save every nickel and dime so they will not easily part with $5/month to access deals that can be found elsewhere. They are getting their deals from affiliate programs such as Commission Junction and others. (www.cj.com). Any mom blogger can get these deals put on their site by signing up for a FREE account with CJ.com and others like them.
As I said in other posts, they may pull a rabbit out of their hat and surprise me with something that is different, but I highly doubt it. The current model, as is, will be challenging in a VERY crowded space of deal sites.
Just consider this when you invest thinking that this will become the next Groupon. Now, I'm sure they will try to pump this thing up again. Why else would they have spent the money they have spent recently to change the ticker. It's not cheap to do that. Just know when to get out. GLTYA
PS. I don't own this stock. I just like to follow the pennies that are promoted by the penny newsletters and I took a particular liking to this one because it's in an industry that I happen to know a lot about because I own a coupon site and I launched a half off deals program for another large corporation.
I've spoken to Patrick, Neil, and Jorge. These guys are on the up and up. They are getting the ship in order. It's been painfully slow, but give them the next week or so. They are getting their ducks in row.
agreed. There's possibly short term money to be made on the stock promo but it will not be a long term play because of the company's fundamentals. Read my past posts about this company's business model. Their model is legit but it's nothing unique and they are hurting their chances by charging a membership fee for a deal site. All of the deals they offer and will offer can be found for free elsewhere online.
But again, you guys may make some quick bucks with a good promo in the short term. I just feel for those that believe that this deal of the day is going to be something huge. I may be wrong, but I doubt it. GLTYA
hmmmm....nothing revolutionary about that
Gofish, I read the 8k and it only confirms what I already expressed. I really hope this works for you all. In fact, looks like some of you may have doubled your money today already. I like to make some quick bucks but I also look at long term. Here's the issue I have with this website. Anyone can build a deal website like they have done and sign up with Commission Junction, etc for getting links to deals on their site. That's easy. If they were actually securing their own exclusive deals from merchants that would be a little different but that still wouldn't guarantee success. It will all come down to web traffic and that's no gimme. They will be competing with the likes of ShopAtHome.com, TheDealMap.com, RetailMeNot.com, 8coupons.com to name a few.
Now, here's the added barrier to success they are imposing on themselves. They think they can charge people $4.95/month to access these deals and also make an affiliate commission on sales of that same member if they buy something from the website. Here's the problem with that.....all of the deals that you will be able to find on Netsavingslink.com will be able to be found on dozens of other deal sites for FREE. People are trained to get online deals for free. The only way I could see a subscription service working is if they secure deals directly from merchants that are exclusive to NSAV. But per the 8K, they are getting their deals from affiliate networks which offer the same deals and commissions to any Tom, Dick, and Harry that start a deal site.
And when it comes to their deal of the day, it will be the same story. They will probably be getting those deals from other sources that originated the deals from the merchants. For a company to secure their own daily deals a la Groupon, etc, you need a MASSIVE sales team.....and that costs a lot of money.
I hope all the best for you all. I'm sure there's a lot of money to be made in this stock in the short term, but I question the longevity of the actual business model. I work in the online deal space, so I have a great understanding of it. I may not know it all, but I know a lot.
Maybe they will pull an amazing rabbit out the hat and come up with a model that I have never seen.
GLTYA
Sorry to see ya go. You should have taken that drive up to Santa Ana from San Diego.
I appreciate your response, but I'm also asking if anyone actually uses the site as a consumer on this board. I also don't need to read an 8K to know how their website traffic is right now. They have no traffic as of now. And if you look at there traffic trends since earlier in the year, their traffic has actually tanked from 10-15k visitors to about 100 or so. Not the direction you want to see.
Can anyone attest on this board to the savings they are receiving using this site? Surely some of you are paying subscribers to their service. I'm not using their service and I'm not an investor. Just following out of curiosity because I follow the pumps and I happen to work in the deal website space. Still trying to figure out what their unique business proposition is in this space. The Alexa rankings and Compete.com scores do not look impressive. Bottom line is NO WEB TRAFFIC, NO REVENUE.
Deal of the Day doesn't matter if you don't have website visitors to sell the deals to!
Bingo. That is coorect
Because this website has no visitors. It doesn't make any money and it's entering a highly competitive market of deal websites. See my last posts
I posted this link a day or 2 ago. Here it is again. This website has hardly any visitors. And people do not pay for deals. Too many sites offer deals for free.
http://siteanalytics.compete.com/netsavingslink.com/
the companies have nothing to do with each other
Neil is the founder and President. Jorge is the CEO. Barry is the IR guy contracted by CEYY. Bill works with Barry. They both have other interests besides CEYY.
Thank you fearandgreed1.
I'm not sure what is special about what this company offers. Looks like they may be charging a subscription to users. If so, the problem is that users can get deal information for free very easily on the web. There are a plethora or deals sites and there is very little barrier to entry to start a deal of the day site. The technology is out there for dirt cheap. The challenge is getting the actual deals from merchants since every deal site in your market is knocking on the same merchant doors.
I would be curious to know how many paying subscribers they have and how much unique traffic they get daily. I pulled this from Compete.com. Doesn't look to good in terms of traffic for them.
http://siteanalytics.compete.com/netsavingslink.com/
Good luck out there.
I don't care about that other company either.
Bill and Barry are not senior management
You're not...
Don't lose faith yet 440900. You can always call the clinic and inquire about the program as if you are calling for a friend with alcoholism. They may not answer investor questions since you are calling a company that is still private, but they will talk about the program. Not sure if that will give you some comfort or not.
please do
stay put. Not only because I have no choice (it's not like you or I can dump all of our shares at the current price if we wanted to), but because I believe in what this thing can become. I invested in this last year way before any PR campaigns because I saw what these guys are building. Nothing is guaranteed to be a slam dunk, but these guys have something good in their hands if they don't screw it up.
You have nowhere near the shares I have (if your post was correct about what you invested a few weeks ago)
Then please share your information
Preacher, Jorge and Neil are clearly listed as the key executives on the home page of this message board for CEYY. Look right above the newest post.
I've been invested in this since last year and have read every filing and post. I think I have a good handle on things but I don't claim to know everything. I live in So Cal and I've seen the clinic and know a couple patients that were treated there.
I've been riding this roller coaster since last year because I believe in what this company can become ONCE the merger is completed. I know its tough, but try to be a little more patient. I've been for many many months. I don't think they are going to put out a PR saying "sorry folks but the merger is taking longer than expected." Barry IS that PR telling us this if you get through to him. Many people on this board speak to him frequently, as do I. I can't speak for him in regards to why he may or may not get back to some of you.
Let's hope this week is the week. If not, so be it. We'll hope for the next...
Nice work Preacher, but none of this is secret knowledge or even new to everyone. Probably new to a few that didn't research this months ago. After all, you were able to uncover this by searching the web. Don't you think they know what info is out there for the public to see?
And so what if they are using the money for FSP (private)? That's the point! I hope they are. If you invest money is a company, do you expect them to put it in a savings account collecting 1% interest? CEYY is a shell that is merging with FSP and NO it don't happen yet. All sides want this merger to happen and happen soon.
Good work on the DD though. Good info for newer people to the board. Keep it up.
You will know a pr or 8k is coming After the stock shoots up past .20. It will only take one large buy of a few hundred thousand shares to make it jump fast. It jumped to .15 last week or so on about 300k in purchases. Stock went from .06 to .15 briefly in one day.
Here's a fact and all of you can verify it on your own. Radio commercials aired on KFI 640AM in LA yesterday and this morning. Don't believe me? I really don't care. Call the radio station yourself and ask if they are on the air.
Lorreann, maybe I can help. At the moment there are 2 different entities that are going through the process of completing a reverse merger. It's a way for small private companies to back door their way into becoming public. CEYY is Fresh Start Private Management, Inc (public) and Fresh Start Private, Inc is private and often referred to as FSP in filings. If you read the filings from back in November is clearly states that there are 2 entities and that they entered a definitive agreement to merge in Q2 2011. They didn't guarantee it would happen in Q2, but that was the intention. Now, the merger was contingent on "both" companies having their financials audited. The delay is because that has not been completed on the private side yet. CEYY's (public) financials were completed and released at the end of May and that caused a lot of panic because it showed that CEYY had no assets, employees, revenues, etc and that it would need money in 2-3 months or it would have to shut down. Those statements are true for CEYY because any and all revenue and assets of Fresh Start are all connected to the private side in which the public side has an letter of intent to merge with on the condition of completed audits of both sides. Now, as many people know if you live in Southern California, there IS a clinic, there is business going on, there are patients getting the procedure. I've done my DD and have seen the clinic and have talked to actual patients that received the procedure from that clinic.
There is NO doubt in my mind that business is being conducted,BUT it's all about the merger as I said in my previous posts.
Now in regards to your question about holding on to the stock to get to even, here's my opinion.....IF and WHEN the merger is completed and announced, that will probably be followed by a lot of other news and the stock will go higher than probably everyone's cost basis on this board. If there's no merger, the stock is ZERO. Both sides of this merger need and want it to happen ASAP, but audits don't always happen on your timeline. It seems like an eternity for us all, but all we can do is wait, and if you are confident, pick up more shares and cost average down.
Hope I helped you understand how I understand the situation to be based on my own DD that's doesn't only include talking to Barry.
Best of luck to us all!
Exactly correct Boatingboy. I speak with Barry at least once a week. He always takes my call or email. I don't complain or whine....I just ask for updates. He's not personally doing the merger so he can only tell you what he is told. He's only the messenger so don't shoot him.
thank you
Even if they complete the merger tomorrow or Friday, don't expect news about it until after the holiday. Just my opionion
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