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He has certainly purchased large amounts of stock over the past few months. If anyone would know it would be him. Time will tell. Here's hoping for the best to anyone trapped in this.
Looks like the dvd is selling well if the number is accurate.
It hasn't degraded. People just started asking serious questions and wanted specifics instead of blindly believing what any ambassador or even Ike told them.
The sales team for GOIG is certainly being shutout.
Top 5 Ways GOIG share price goes higher
1. After two months the first Canadian company will sign on.
2. Ike will go back to chinatown, I mean China and sign a LOI with Mr. Fong, Mr. Fu's brother.
3. The ambassadors may actually stop arguing with posters on an investment forum and be able to sell the service to someone.
4. Ike will go back to China for further DD on the LOI and sign another one with Ms. Feng, Mr. Fu's sister.
5. After a reverse split the share price is always higher, initially.
OTCBB Listing Requirements
There are no revenue or asset requirements to trade on the OTCBB;
The Company must have a minimum of 35 shareholders. If the Company does not have at least 35 shareholders, we help direct the Company in the correct manner to acquire those needed.
For a listing on the OTCBB, the Company’s financials must be audited by a PCAOB registered accountant initially, and then yearly thereafter. In addition, the Company is required to file quarterly reports with the Securities Exchange Commission.
OTCBB listed companies must comply with the requirements of Sarbanes-Oxley.
You may want to care about financials just a little. It's what's needed to start moving this company forward.
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So it's not the heavy dilution followed by R/S then heavy dilution followed by R/S that's the problem?
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The more you post on IHUB the less time you have to sell the service. Let's see, after 8 months of GOIG going live, the ambassadors have sold how many keywords, 20-30 maximum. Since the beginning of the year GOIG has diluted over 700 million shares because their sales staff can't bring in enough revenue to cover expenses. What was that again about Unique contributing zero.
Your right. Should have said paying for the service. I'm sure the Canadian launch was the same as the American one. Load a few thousand companies into a database so they can use the service. But since they don't know Go800 even exists, they won't be paying for the service.
Since you mention the GOIG expansion into Canada, it's been about two months now I believe. Are there any Canadian companies now using the service?
Certainly looking for alot better than break even. With 2billion O/S if all GOIG can do is break even we will be wishing for the good old days of .003.
But how many keywords have they sold? How many ticker symbols have they sold? The stock price is a direct reflection of their inability to garner any type of interest in the service.
I thought GOIGs great pitch to sell the ticker campaign was that it offered a great way for companies to disseminate information to their shareholders. But if the company hyping it won't even use it, how great can it really be?
It was macblast involved with that I believe.
Of course it's speculation. The same with the release of wild hunt. The release of Girlfriend. The five supposed book deals that haven't come to light yet. Terminator news (not a chance imo). The audit. I find it worrisome that Eric was so chatty just a few months ago and now over the last two he has gone to ground. Still hoping for good things, time will tell I suppose.
So your thinking the audit will not be released until sometime in January at the earliest? Hopefully that's not the case. I'm hoping they release 08/09 before eom just to end the hand wringing over if there really is an audit or not. Then we can move forward.
None of the financial statements released by GOIG are audited. Says so on the first page of each release. The attorney letter with respect to current information dated 8/19/10 states that GOIG has retained the accounting firm of Sherb and CO. to do a year end audit but no estimated completion date is listed.
I hope I am wrong. But I'm just being realistic. If they are not selling enough of the service to cover expenses they'll continue to dilute. Eventually they'll run out of shares and they'll have no other option.
What we need are the financials to be released so we can get a good idea how things are proceeding. They also need to be audited so the process of uplisting can begin.
Sure it will. After the reverse split.
You would think that goig management and their sales force aka ambassadors would jump at the chance to at least try to sell vanity keywords. Especially after eight months of proving they can't sell voice keywords or the ticker symbols with any great success. But Unique I think you should cut Blackhawks some slack. If you were in sales and had the "success" some of these ambassadors have been displaying you'd have a defeatist attitude as well.
Since vanity keywords will apparently never be accepted by GOIG, one must assume that Voice Keywords are still the company's main focus. So exactly how many have been contracted over the last two months.
1. 1 - 5.
2. 6 - 10.
3. 11 - 20.
4. > 21
5. Zero
Anyone wonder that the reason GOIG has had little success selling keywords is that they look like 99% of all other pinks...share selling enterprises. Most of them simply hook people with their shiny bauble and sell shares once interest develops. No meaningful product, just hopes and dreams. What person at a legitimate large corporation wants to be responsible for committing funds to a company that may not be all they appear to be.
I hope their buying it. Certainly better than sitting in limbo waiting for the US release.
It's already been released to dvd in Canada. I agree with you that they should just go ahead and release on dvd in the US.
It's dead. GOIG has a a bunch of ambassadors that like to argue with ihub posters instead of selling keywords. If they can't close deals then there's no revenue. No revenue means more dilution. Look for a reverse split by early next year.
1. A sales force that can't sell the service.
2. Heavy dilution.
Will those be audited financials, and if so what accounting firm is goig using?
Very good list. I think GOIG should hire you as an outside consultant since your ideas would go a long way in correcting the missteps thus far. Probably too much to ask however, they'll probably just bring aboard another ambassador that can't sell any keywords either.
You were until you bought candy from the 107,565 richest man in the world.
I will admit GOIG has customers. Around 30 ticker symbols and maybe 20 or so keywords. Most of which are other penny stocks paying with stock. My point is that 7 months after the soft launch in April this is the best they can do? How about the launch in Canada? Are there any Canadian companies signed on yet much less are there any canadian ambassadors? Doesn't look like it. GOIG needs a professional sales force to get the job done because the current ambassador concept has failed.
Looks to me that longs of any description are still here not because they believe in the concept of go800 but are simply bagholders looking at 70-90% losses. Some have to face reality that this will never catch on since the ambassadors have failed to effectively sale the service. Name five companies that anyone has heard of that pay for the use of this product. Of course some will say that due to nondisclosure goig isn't releasing the names. Maybe they just don't have the names to release.
Very impressive list. Now exactly how many of those are actual paying customers for the go800 service? My guess would be zero.
Ihub jail until tomorrow.
Questions for one of the ambassadors. How many ambassadors are currently employed by GOIG for work on the US expansion? Also, following the expansion into Canada are there currently any ambassadors there and if so are they meeting with any success?
Finally, other than the ambassador program does GOIG have a separate sales team working these expansions?
Your not interested? You should be. 1.4 billion O/S in February before the big run up. 1.84 billion O/S in September. If the dilution stopped in September that would tell me that GOIG may now have enough paying customers to meet their day to day operational needs including their advertising campaign in the WSJ. In which case it may be a good buy at these levels. But if that number is significantly higher it would tell me the opposite were true and the share price would continue to fall.
Anyone know the current share structure? All I see is O/S of 1.84 billion from Sept. Wondering if this has changed significantly.