Saturday, May 19, 2018 4:51:50 PM
I've never pumped any stock. And I do not expect to be buying SEGI again. Why?
Because SEGI does not have a credible business model. I originally thought that VanGoHTV might be a game changer. But after I invested in SEGI, I discovered that SEGI didn't have a contract with VangoHTV. Later I learned that VangohTV's signal was actually coming from SetTV which was re-transmiting their content from a feed in Stockholm. Then I saw the Register's article about SetTV's legal problems (I chose not to post that news at the time. Later, lawnboy chose to post it). Bottom line: my evaluation of the value of VangoHTV to SEGI share holders became zero.
My primary expertise is computers and especially software. Based on the meager evidence I've seen, I estimate that MediaCoin has a less than 1% chance of providing any significant profit to SEGI shareholders. What is the technical differentiation MediaCoin has compared to the thousands of other block-chain designs? So far, it appears to me, that there is nothing they have that the market will accept as a significant differentiator.
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