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| Alias Born | 01/31/2009 |
Saturday, April 17, 2010 4:48:03 PM
Excellent post and welcome to the board! A lot of your post probably deserves ibox status.
I finally connected with Ms. Duff this past Friday and figured I would piggyback on your post with some snippets of our conversation.
Ms. Duff called me back and apologized profusely for not getting back to me earlier and explained that she has been inundated with calls and messages since she began, which I completely
understand. Right off the bat, for those of you who have been in this stock for a while, try to remember dealing with IR prior to Ms. Duff. What IR, right? She is just getting an enormous volume of calls emails, so just keep that in mind. I am definitely impressed with her start and appreciate having her on board.
Ms. Duff works with early-stage companies (and she has her pick) that have potential, but need IR structure and need to be consulted on how to do things the right way. She claims that Joe, the other company leaders, and the developers
literally work nearly a 24/7, pedal to the metal schedule. FWIW. She asserts that she is actually extremely impressed with the business that they are developing, that they are indeed generating revenue that is ramping up and has huge growth potential.
While she does not believe there will be no dilution in the near future, she cannot totally discount it will happen at some point at time, but she has a say in how it happens going forward and it won't be like how it happened before. I said that I keep tabs on the A/S and O/S and pointed out the company had gone from ~ 26 million to 269 million in ~ 6 months, so understandably investors were shellshocked and it would take time to re-build trust and positively grow investor sentiment. I noted that she is seen as having a key role in that effort. She is optimistic
that they can get an investment through a "value-added partnership" down the line and we probably won't have to worry about an A/S raise for some time.
The company's administrative costs are low and the profit margin on apps generally range from 20% - 50%, so pretty significant. They are particularly targeting the self-help industry, which has a market of over $13B. There is a huge bottleneck due to the demand for apps, both at Apple and at the company. As I understand it, Metatron has thousands of content items that they have rights to that they are feverishly working to convert into apps so they can start increasing their daily revenue output.
I asked about the political fund-raising app they pr'd awhile back. She says they are very labor-intensive and do not have as high margins so they are mostly just doing them for local politicians. She brought up the MJ app, and said people were putting too much focus on it, as the other areas they are
pursuing are proving far more lucrative. I did point out that
investors were dissappointed because they pr'd the release, building up expectations and then they pulled out the rug with the delay.
She, unfortunately, did not have much info. on PHP Holdings, which, I believe was the Belize company that funded the reverse merger bringing MRNJ into being.
In any case, we should continue to see strong revenue growth.
At this point in her career, she has her choice of companies to work for. She genuinely believes Metatron leaders are going about it the right way to build a successful business and she is very optimistic about its prospects. She is here to start helping to align the building a business part with the shareholder interests part (which up to her jumping on board was sorely lacking).
She is definitely an impressive lady and we should be glad to have her on board, IMHO. GLTA. Cheers~
I finally connected with Ms. Duff this past Friday and figured I would piggyback on your post with some snippets of our conversation.
Ms. Duff called me back and apologized profusely for not getting back to me earlier and explained that she has been inundated with calls and messages since she began, which I completely
understand. Right off the bat, for those of you who have been in this stock for a while, try to remember dealing with IR prior to Ms. Duff. What IR, right? She is just getting an enormous volume of calls emails, so just keep that in mind. I am definitely impressed with her start and appreciate having her on board.
Ms. Duff works with early-stage companies (and she has her pick) that have potential, but need IR structure and need to be consulted on how to do things the right way. She claims that Joe, the other company leaders, and the developers
literally work nearly a 24/7, pedal to the metal schedule. FWIW. She asserts that she is actually extremely impressed with the business that they are developing, that they are indeed generating revenue that is ramping up and has huge growth potential.
While she does not believe there will be no dilution in the near future, she cannot totally discount it will happen at some point at time, but she has a say in how it happens going forward and it won't be like how it happened before. I said that I keep tabs on the A/S and O/S and pointed out the company had gone from ~ 26 million to 269 million in ~ 6 months, so understandably investors were shellshocked and it would take time to re-build trust and positively grow investor sentiment. I noted that she is seen as having a key role in that effort. She is optimistic
that they can get an investment through a "value-added partnership" down the line and we probably won't have to worry about an A/S raise for some time.
The company's administrative costs are low and the profit margin on apps generally range from 20% - 50%, so pretty significant. They are particularly targeting the self-help industry, which has a market of over $13B. There is a huge bottleneck due to the demand for apps, both at Apple and at the company. As I understand it, Metatron has thousands of content items that they have rights to that they are feverishly working to convert into apps so they can start increasing their daily revenue output.
I asked about the political fund-raising app they pr'd awhile back. She says they are very labor-intensive and do not have as high margins so they are mostly just doing them for local politicians. She brought up the MJ app, and said people were putting too much focus on it, as the other areas they are
pursuing are proving far more lucrative. I did point out that
investors were dissappointed because they pr'd the release, building up expectations and then they pulled out the rug with the delay.
She, unfortunately, did not have much info. on PHP Holdings, which, I believe was the Belize company that funded the reverse merger bringing MRNJ into being.
In any case, we should continue to see strong revenue growth.
At this point in her career, she has her choice of companies to work for. She genuinely believes Metatron leaders are going about it the right way to build a successful business and she is very optimistic about its prospects. She is here to start helping to align the building a business part with the shareholder interests part (which up to her jumping on board was sorely lacking).
She is definitely an impressive lady and we should be glad to have her on board, IMHO. GLTA. Cheers~
