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Re: tesla2 post# 11019

Wednesday, 02/17/2010 11:08:46 AM

Wednesday, February 17, 2010 11:08:46 AM

Post# of 157003
Tesla, What interview are you referencing which Ike said the website is going to give him revenue before the service is ever launched? Kinsley?

taken from Kinsley interview


6) KinsleyStreet Investors: How does GOIP plan on producing revenue short term and long term?

Ike Sutton: Revenue will be derived on day 1 of our commercial launch. We have interest from many parties that want to buy keywords.



In that interview, I see no mention of the website giving them revenue prior to the launch of the service which is anticipated in March. Without a service, they don't have revenue to be made. While they may try to do some form of deposit prior to the service launch...it would likely be a refundable deposit as again, no service means no revenue.

So while the website is a positive step, it is an emotional catalyst that does not change the fundamentals of the company until all the obstacles are removed (VZ being ready) and the service is officially launched. Day 1 of the service is when the revenue will come in. I understand your frustration that the stock hasn't jumped as high as you want today but the website is just that, a website without a "product" for now. Good luck out there.

Mike

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