In reviewing FUNN, it is important to look holistically at the business, the market/industry(s) it is involved with/in. It is a growth company, one needs to look at how the business continues to further itself and look at the challenges the company faces. Real business is no joke, and not a single successful one gets it all handed to them. An important part of evaluating a business is to look at what kinds of challenges exist between the company and success. Are they high class problems? Where the effort and resources spent on the issue generate an ROI in the long run, or are they core issues that put pressure on the company to finance further under undesirable conditions?
FUNN's problems are 'High Quality' Challenges. This fact alone can get lost within all the discussion.
FUNN has High Quality Challenges, not core function problems (core function problems mean the Company is DYING: Activities towards staying alive but not ROI focused like high quality challenges) such as:
- Poor Business Model
- Lack of Revenue
- Lack of market potential
- Lack of accounts
- Lack of quality people wanting to work for you
- Toxic Financing
- Poor share structure and continued mass dilution
- Lack of interest for the industry
- Massive competition in the market they are in, huge barriers to entry
- Poor quality products
FUNN's issues, while problems always need attention, are high value (Company is GROWING: Bringing an ROI) and high quality. (Further scaling of the company)
- Build scaled corporate accounting dept. and fiscal oversight
- More JV interest than can process
- So much business they need to continue to figure out how to maximize it
- Need to work with 3rd party facilities construction, and dependence on news release timing
- Have deals but cannot construct other 3rd party facilities faster
- Limited resources to make choices to focus on
- Finding new locations that meet the Snakes geographical requirements
- Need more warehousing for increased distribution / fulfillment
- Need more employees to handle scaled functions
- Integrate acquisitions faster, especially foreign ones
- Smooth out tech transfer for new product production processes
- Engage reputable professional investor relations firm
- Increase marketing for continued brand exposure
- Negotiate larger deals with larger clients
-Upscale accounting department and Corp Oversight
- Upscaling all department as needed to manage the next level of business
- Project Management on new products
- Engage institutional investors and larger financiers
- Accomplish Spinoff and other legal entity company structure dealings
- Building Snakes empire with more publisher acquisitions
- Navigating moving in to United States (and other countries) fulfillment / distribution
Seriously, so many pinks never even get CLOSE to having these kinds of 'problems'. THESE 'issues' are what comprises a GROWTH company. The scoreboard is the revenues, which keep growing. Hell, most pinks can't even get to dollar ONE, let alone MILLIONS.
The main point I am driving, is for all of Roger's critics, so much RIGHT had to happen in the first place, to be in such a state to have such ‘problems.’ The majority of OTC stocks would be lucky to have such issues.
Every company has problems just like every company has financing. The type of problems and ROI on the financing is what makes all the difference in the world.
From the previous Q's and the upcoming Q's, we will continue to see we don't have core function problems, and that is what truly matters.
We will get to the next tier marketplace, and the power of all the background company infrastructure will come to light. Just like we've seen with Midtown, Tempe, Initial Audit, etc. FUNN gets it done, on a real business schedule, and all these things are being working on.
INVEST to where the company is going. Knowing even today it has solid infrastructure and fundamental ratios, a healthy and linear growth revenue rate and the potential for explosive revenues from more than one stream.
$FUNN
