I interviewed CEO John D. Samuel. He joined the company in 3/2007, restructured, changed the company’s focus, did extensive due diligence, & is effectively achieving a turn-around. I suggest that you look into this emerging growth situation before the investing public realizes what it is doing. It’s trading at $0.001 as I write this, so the price is low enough to take a modest position, but as I always tell my readers, by all means do your own homework – that’s always a good idea when you are dealing with a company that has some exceptional long-term appreciation potential, as I believe this one does.
What TrackBets Is & Does
TrackBets operates in the legalized gambling market in Brazil, primarily in quality pari-mutuel thoroughbred horse racing.
Samuel’s Approach
Many companies fail in their attempt to establish a successful operation in a country like Brazil. They move ahead without sufficient knowledge or understanding of the laws, demographics, political climate, & especially the idiosyncrasies of the country’s culture. TrackBets has one competitor in Brazil that is not doing well because although it invested a substantial amount of money, it failed to accumulate the knowledge & contacts needed.
John Samuel understood what was needed. He spent many months having extensive research made into each of the necessary areas. He did a great job in my opinion. He has developed a masterful base of information, knowledge, & especially the important network of contacts that will assure that his company will be a successful player in the Brazilian turf industry as well as in any of the other portions of the wagering market in which the company may decide to participate.
For example, he now has the contacts needed to bring Brazilian horse racing to the rest of the world, & as a start is laying the groundwork in the U.S & Europe to have everyone able to bet on Brazilian racing. No one else has been able to do that – they failed because they did not have the contacts, the knowledge, or the understanding required. Samuel did his homework & in my opinion will be able to achieve success.
