Strake Inc (SRKE)

[downdraft]

Thanks much. You posted like crazy, keeping the board alive. I don't know how you did it! And I'm sure you helped keep Sandera here with her incredible posts. Not often that you get a board with a couple of very sharp and financially capable women running the show. I loved it!

It wasn't any of our faults that the company didn't come through at the outset. But even so, they managed to launch more products and put out great product photography and videos. That really can help sell their products.

Bernhard is a great salesman/promoter but Covid-19 was a gut-buster. Even with all the online advantages these days, those salespeople type can really crank it up when they're hosting live, on-site events. I've been to those kind of events and they can sign up new sales reps, on the spot, by the dozens!

Compared to 2 years ago, we now have proven products that are known to sell. Some fell by the wayside, like Revival, the toothpaste and probably Tightening Body Mousse, but this game is all about getting a lot of products out there until you get some big product hits, and then the sales reps get stoked to do their sales magic.

This year, I'm expecting weight loss and nutritional products, just like a lot of their competitors have. Bernhard is a natural competitor and will drive it.

In his sales efforts with other companies, he rose to the top. In his personal fitness training, he always stayed in top shape. He likes to be in the top couple of percent of what he does! That means a lot me. He's not out to build a mediocre business, imo.

But you know how any startup can be quite challenging and expensive along the way. Lots of hiccups in the road. But I have no doubt about his tenacity to try and build a mega MLM company.

This is still a rare opportunity to me as most MLM companies simply stay private for a long time and then you might be able to get in at dollars via a conventional IPO. That's why I'm taking the risk.