The problem with GOIG is the QUALITY of the DD being posted. Often REAl DD is taken as Bashing and while over zealous is not seen as pumping. The " ambassaders have Done a great deal of harm with thwei posting on the Boards, Since the Numbers can not be VERIFIED.. until the AUDIRED 10K , For FYE September 30, 2010 is released we will be in limbo. We do KNOW that the O/S is now near 1.5 Billion, per scottrade who gets their numbers from NITE, their MM. hence there will be NO NET earnings for the Quarter ending June 30,
Once Managment releases the Names of their Clients we an get a better and MORE Accurate POTENTION GroS Revenues, and NET to calculate a PPS. IF we can POST NET, not Gross, Revenues of 100,000 per month that would give us 2 cents a shares PPS based on a 25 PE with the current 1.5 O/S but we will NOT know that till the the end of November, hence the current 1 Cent PPS. WE all want to BE RICH, but posting UNREALISTIC number HURT the PPS more than help it,
So RIGHT now we are awaiting a CLIENT list. the " ambassadors" are NOT going to GET the BIG customers, like Pizza Hut, etc they require CONTRACTS from the Company dircetly written by attornies, Not whanna be sales reps in a MLS operation.
I have faith that GOIG will turn the corneronce major contracts are announced and we can move u gain. But how much dilution will occur to meet operating expenses in the mean time. The O/s is is KEY since that is the divisor to get the PPS , the higher the O/S the Lower the PPS, Goig had its run on HYPE to 6 cents, now it need HARD numbers to start moving up again, the HYPE.
GLTA
