Email from Jim, to the ihub users:
The article below was written by the people at ChartPoppers.com. It is my belief that Lecere is a category 3 company as described in this article, except that we are not making money yet. However, with happy customers using our product, I believe there is no doubt that we will be making money in a matter of a few weeks and that eventually the amount of our revenues and the size of customer base will accelerate. In all other respects, Lecere is a ChartPoppers category 3 company as described in this article.
Investors should decide for themselves, but if you agree, I would suggest that you follow the advice ("many times you just need to hang in there and let the riches come to you") for category 3 companies that is given at the bottom of this article.
Jim Morris
CEO, Lecere
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How many times have you ever had a great idea? How many times have you ever thought to yourself that if you could only figure out some way to get some money, you could put this money into your great idea and make a fortune? - I've thought this many times personally.
Some companies think that just because they go public, all of a sudden there's going to be a flurry of interest in their "Company" and everybody and their dog is going to want a piece of it... WRONG!
The problem with this business plan, is there isn't one, and this happens way to often as well!
People tend to get overly emotional about their 'IP' (Intellectual Property). Bankers, private lenders, and you, the investing public are really only interested in one thing... Making money. If they can't see how this will be accomplished without funding the whole thing, then why would they bother 'passively investing' into this company when they can just go and do the same thing themselves and keep the whole enchilada?!
So here you have a guy (Company, whatever) who has this great idea (well it's at least great to him) but the problem is, he has no money, and he just took out a second mortgage on his house to take his 'idea' public. Good job!
These are the same people that totally over-value what their company is worth, based on what they think their company has the 'potential' of doing if only they good get this... or that.. etc. etc.
They may get approached, but most times when they do, it's by someone who either wants to get their dirty little hands on their stock so they can pump it and sell it, or they might just get approached by a bone-fide banker or private lender, but they'll most likely screw that up as well, because they have totally over-valued their company in their mind, and won't 'give up' {HA HA} that much of their idea.
The trends are setting in here, hopefully you can spot them....
With the above two examples, a few 'may' make it, the rest will die (unfortunately). I'm not even going to get into the 'Desperate' mind-set that kicks in once both of these types of Companies suddenly realize that they are totally screwed... That's when things get really bad. (I'll get into that in another email later on)
The above two examples make up more than 90% of the OTCBB and Pinksheets in MY PERSONAL OPINION!
There is a third type however...
This Company is small, but is stable. This Company is making money already, and has a proven track record/business plan that maps out how they can make more money if they get 'X' amount in financing.
This Company also has an experienced, and professional management team with the know-how to make the Company succeed.
Companies like this also have 'exit strategies' and/or REAL plans for the future.
Companies that fall into this category 'know' that if they hit a certain marker, a larger company in their sector will come and buy them out..
Unlike the above two examples, this Company know this to be 'FACT' and in-turn, they hold way more cards than the others.
Why am I saying all of this?
It's simple really. While many of us would love to make a TON of money Trading in third category I mentioned, ALL of these Companies are still publicly traded.
Category 1 and 2 will undoubtedly engage in some sort of 'Stock Promotion' at one point or another, and they make up by far the biggest section (combined)
Category 3 is more rare, but usually if you can find these ones at their infancy, you get in and hold for a bit, then cash out.. Sometimes they are Day Trade worthy, but many times you just need to hang in there and let the riches come to you.
AI
