That's just like I was saying a few weeks ago. He's got nothing to gain by screwing around with the shareholders or wrecking the system now. He's got his night on the town money and a business that basically runs itself.
Did you read the post I made over the weekend? A year or so from now after we're 2M deep in users, he'll problably start charging a small monthly fee for the music player. That's when he'll get rich and those of us who are still here might make a little change.
Now I'm not going to go so far as to say that I "wasn't affected." Lolol! Free shares or not, $500 bucks is 500 bucks. One day I had it and the next day I didn't.
I flipped out of GNTA right before they fell apart the first time. I wish I'd put some back in and taken that ride back up. There was a lot of money to be made flipping that stock over the past couple of weeks. I'd have done much better than fooling around with EESO again. I'm just glad I bailed out when I did.
That board is too much!!! Lololololol. They're getting all the "I told you so's" from those that they didn't ban. Between that and the arrogant a'holes eating crow, it's hilarious. One guy's got a post where he sent an e-mail crying to the CEO that he's lost his a$$! ROFLMAO!!!!!!!!!!!!!!!
"Dear J***d, I bought in at .019 and I've lost about 75%, but I still believe in youuuuuuuuuuuuuuu"
(In other words, do you feel sorry enough for me to send my money back to me?
Signed,
"I was too dumb to know when to bail and to dumb to know that I should have redacted my full name from this post."
I'm laughing more at the responses of the participants moreso than at how so many people lost money with that POS. Lord knows I've lost my fair share playing pinkies but for heaven's sake, you've gotta know what you're getting into in the first place. Not only that, but the majority of people on that board were real jerks.
Can you imagine sending a letter like that to "Tight Lipped Mike" if he ran to Brazil with all our cash? LOLOLOLOLOL! Think he'd respond? ROFLMAO!!!!!!!!!!!!!!
The reason I don't believe he will are for the reasons that I stated in my weekend post. I don't think that any of these music services had ever intended for the services to remain free.
I think they were designed to get people thoroughly accustomed to "music at your fingertips", dependency on the system for getting music. Centralization basically. Like everything else, once centralization takes place, competition is all but eliminated and you can start jacking prices.
Mom & Pop have a gas station. Exxon moves in across the street with lower prices. Everyone goes to Exxon to save 3 cents a gallon. Mom & Pop go out of business. Exxon starts charging 6 cents more than Mom & Pop would've ever thought of charging.
This is no different.
I've mentioned many times, I'm no big music lover but I listen to a lot more music today because Hypster gives me exactly what I want when I want to listen to music. Exactly what I want to hear with no commercials and the ability to add or delete whatever/whenever I choose.
In the short time that this service has been around, at this point, just think what an inconvience it would seem like to get up, go to a record store and buy a cd in order to get one song that you really liked.
It'd be like trying to find a payphone instead of using a cell or handwriting, stamping and mailing a letter to a friend rather than sending an e-mail.
They get you accustomed to and dependent on a system...
Then they drop the bomb with a small monthly charge for the music player. If you've got millions of customers, you've got millions of dollars in monthly revenue from your users, plus advertising and any other revenue generating avenues you've built into your system.
This is what I really believe they've got planned and I think when one starts it, all the others will follow. When they drop this bomb, I don't think anyone will be so outraged that they'll be willing to start driving back to the record stores either.
AI
