Another great excerpt from Rory’s message last night. My belief is that all truly great leaders always give credit and take blame.
Sure, we've had our share of setbacks and delays and disappointments and we've made our share of mistakes, all of which I take full responsibility for. But we've also had our share of breakthroughs and successes and triumphs, all of which I tribute to my team, which by the way, as you may have noticed, continues to expand with some serious talent brought on specifically to lead some of our bolder initiatives. And so, I feel confident stating that the greatest successes and triumphs lie ahead. And when I put that big forward-looking statement parentheses around some of these words, let me provide some background. One year ago, I announced a bold initiative for 2020, a novel groundbreaking technology for which we had developed a working prototype that I believe then, but never more so than I do now, would produce enormous value for our shareholders. It was a true interactive live broadcast video, designed for use by anyone, not just technical wisdoms, a technology that would empower a new e-commerce paradigm we called it verbLIVE. It evolved from an earlier plan to build that capability to Facebook Live. As development progressed, the cooperation we expected from Facebook didn't materialize. So, we switched gears to build our own platform to support the interactive live streaming commerce. But based on the scope of work, a feature set that we envisioned for that product and the fact that we were able to stand up a solid prototype, we believe we could deliver it in the first quarter of 2020. The truth is, we didn't know we didn't know. And as development proceeded, and as the market began to contemplate the enormous, far reaching implications and the technology, we realized there was so much more of final product release needed to include and much to the dismay of those of you who really anxiously awaited the release of verbLIVE and its associated expected revenue stream. The release of the final product continued to be pushed, while we refined it, ready did for global release, and hardened it to accommodate substantially more simultaneous users and many of today's popular webinar products will accommodate. As I've said many times before nothing, nothing truly great is easy and verbLIVE was no exception. It's been hard. But oh, so worth it, and here's why. The market at large has now begun to catch up. There are more and more articles appearing in mainstream press, about the coming savior of retail, livestream e-commerce which of course, is the vision that we laid out more than three years ago, before anyone even contemplated a consumer level interactive livestream broadcast product
AI
