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Saturday, July 05, 2008 4:51:47 PM
I will give you your point that GGLB has yet to prove significant revenues, but at the same time, it's just getting started...so there isn't any concrete information on that, yet. What I mean about "just getting started" is that GGLB has recently hired a new sales manager in May and about 3 weeks after, GGLB announced it's plan for "several streams of revenue". GGLB seems to be restructuring their business model, which seems to be geared towards serious GROWTH. Obviously, we aren't going to see revenue results from these streams until possibly November. But rest assured, I will still be holding my positions when November comes around.
In the meantime, every PR GGLB has released thus far shows (to me) that they are actively pursuing revenue generating deals, such as the one they announced with MCI two weeks ago. That was huge!
Try not to be so negative about GGLB. Give it a chance. I think you'll be glad you did. You are also right that currently, GGLB is primarily a chart play for the flippers, pumpers, etc. But from what I'm noticing from the charts is that these players are beginning to be "balanced out" with more serious longer term investors. I personally know a few who have bought some huge positions, including myself. Respect,
Doc
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