Friday, February 09, 2018 1:06:56 PM
They are an actual company - I am registered at $DIGAF and my friends are trading there - clean, smooth, and cheaper.
I think they are still extremely small and have no capital (and perhaps no access to capital) to take the major steps needed to fully kick off the major initiatives we see other firms doing. One glance at the numbers they report and this is painfully obvious but not a situation any small business in the planet has not been in.
I have a different perspective of $DIGAF than alot of folks on this board as I have physically bootstrapped several small businesses up from the ground. I see some of the things they are doing, and not doing, and can envision a scenario where it's explainable and pretty reasonable.
I don't agree with the folks who say that the lack of presence on other boards and sites is a sign of fraud. We need to have patience here.
One can't forget that these things all take time - time to find them, time to contact them, time to coordinate with them, time to prepare the docs, time to do the back end dev with the new exchange, time to adjust code on $DIGAF side, I could go on and on and on. Now add in social media sites, add in outreach to the industry, add in press liaison work/PR, etc, etc, etc, and there simply is not enough time or money with this firm to get it done... We haven't even discussed the time effort it takes to build and maintain the code alone for the site.... Now add-on the TIDAL WAVE of new customers. I have a sneaking suspicion Brad has hired a small portion of this out and is trying to do the rest himself.
Thankfully, [b]what I do not see with this firm that I see with other OTC firms is the relentless PR efforts here and online that boast of all manner of pie in the sky arrangements, and acquisitions, and dilution, and sensational social media posts. In my opinion, the lack of that and the slowly increasing improvements are a positive. ...I just don't get the whiffs of stink that I do with alot of OTC stocks I've followed.
So yes,
1) I wish the PPS was higher
2) I wish that they would report sooner
3) I wish that they had more proactive PR
4) I wish we would hear directly from Brad on the "state of the union".
5) BUT, I just don't see these as bad signs - I see these as signs of a small business that is working to grow in a space that is desperate for it's capacity - which is the only reason I am still holding such a large position, for so long.
As I've said before - it all up to Brad Moynes and his leadership to make it work - he literally has everything in his favor to field an incredible company - let's see if he can.
If I'm talking about it here I probably own it; anything typed here is only my opinion, off-hand comment, or entertainment; nothing here is investment advice; do your due-diligence and make your own investment decisions.
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