IT IS VERY EASY TO BECOME OVERLY CYNICAL at this stage with everything that is released. I can understand extreme caution
and cynical comments from anyone on the 'outside'. By that I mean
holding no shares currently. They have reason, whether good or bad, I don't know.
However, for those of us who are IN, we really have nothing further to lose. We have suffered the pain. When you are at the
bottom, the only way now is UP. How far, is the only question.
The company is not playing to us, we are a captive audience because we could only sell at a loss, if we wanted out.
The company, legit, or scam, needs new investors - lots, and new money which ever way it's going. On what am I basing this? - COMMON SENSE. There is no other option.
Recent Technology is opening new doors in some of these once remote, off shore, potential financial havens. The deteriorating economic situation in the USA (much more to come) is sending many Americans, especially retirees, and others, scurrying for new tax havens away from Uncle Sam, and his interfering and prying eyes. I will explain more in another post.
I do believe, the more I investigate, that there is great potential in the area in which the company is moving. There is much more to come as we will see, I am sure, as we go along.
A deteriorating economic condition will work for us, not against us.
However, as I previously stated, Financial Services in any form is an area highly controlled, and I don't just mean by governments. This why extreme care has to be taken by companies, especially new ones, engaging in it.
They have to be careful what they promise and do a lot of preparation. It is far removed from buying some remote piece of land in the hills, digging a hole, salting a few bits of gold dust, hiring a crooked assayer, and selling tickets (shares).
This. of course, will help us. I also believe that this will take time. It is not going to be a quick run up fast buck scam. There is going to have to be a big PR exercise to promote the Financial Services, and it is going to have to be professionally done, otherwise you might as well forget it.
At least, things are starting to move, and common sense tells me that a guy like Lumb does not waste his time and money - not a minute, not a dime, for nothing.
