March 3 thru 5 will be interesting to say the least. There is obvious confidence on the board but what about out among the masses? A damage control PR would be very timely prior to the launch date followed by some responsible diluting (if it has to happen) would keep the pressure in an upward mode. What concerns me is that they’ve set us up before only to dilute the s%#t out of the stock. If left alone, this thing could see a possible .02 before that report is due out at the end of the month. From there it is clearly left us to the contents of the report and the restraint of management to stop the damn dumping!
Like someone pointed out, there are other successful companies with more debt and OS out there. The difference is that their CEO’s and company pass deeds don’t have the stigma that these folks have. I really like the idea of an MLM company that offers sports memorabilia and art décor. I know that the argument is that the down economy will suppress this sort of thing but what if the down economy brings all sorts of MLM pros out of the woodworks? With a selling feature of a traceable product and a website that can actually keep track of and give credit to the individual that owns that site isn’t a bad idea guys. And MLM companies can crank out some very impressive numbers. Another concern is that old habits die hard so I’m hoping that the guy running this MLM end of thing can keep the powers that be honest and not let them do to the associates what they’ve done to the investors because that would prove disastrous.
Short term, this stock has been a nightmare for many, long term, this thing could prove to be something beyond your wildest dreams. Gonna take that chance at some point this week and stick in that other foot.