Your concern is respectable and you need to be concerned!! Only the uneducated would NOT be concerned. Don't listen to anybody pumping the stock who would tell you that they are not worried a single bid and they KNOW the company will succeed!!
Any business educated person can tell you that ANY company or ANY product might fail at any point in time whether it's a start up company or it's as powerful and big as Google...
Wasn't BP about to go bankrupt a few months ago if they couldn't cap that well?!
Start up companies are more prone to failure.. and they mostly fail! only a few succeed!
There were many companies with GREAT ideas in the past that came and then disappeared... This is about consumer and mass acceptance. if they like a product they will embrace it, otherwise the product and the company will be history....
Did you know face to face video communication goes back 20-30 years ago!! and it is NOT a new thing! back then a company spend millions, it could be billions I don't remember the exact number. The idea was great!!! but it was never embraced by the public.. It came down to people don't want to show their face when they are making a simple phone call.
Making story short, I think GOIG will definitely FAIL if Ike does not change the way he is running this company.
Instead of PUMPING whenever a news is released just so you feel better about the pps, and cheering for Ike for every single decision he makes... instead if you could just think logically about his decisions you will notice IKE is only looking after himself! His acquisition strategy has been about acquiring different technologies so Ike can survive in this so fast technology world. So if one of his companies and technologies go obsolete he can continue the other business.
Did you guys know why Ike wanted to acquire DTSL? His sole purpose was to make money by trading the stock. He thought he would buy at .0015 and then sell at .01+ a year later!
The recent acquisition with WordLink was very odd. The one thing that bothered me the moment I heard about this acquisition was that there was NO statement about how his technology was going to fit in with Go800 and how Ike was going to use this service to generate instant revenues and increase shareholder value. You never hear such vague statements from other companies when they PR about an acquisition. They clearly specify how the are going to incorporate the technology within their BUSINESS MODEL to generate revenue!
I was very surprised on how quickly people on the board became supporters of this acquisition! This only led me to believe that people only back these PRs, and pump them, just so that pps goes up. It doesn't matter what the PR says, people only want to see their portfolio grow, or reduce their losses. And I'm sure that's the case on this board as well. That's why you dont' make your decisions based on what other investors say on the boards.
IMO, Ike needs to do the following to succeed:
1. Uplist ASAP
2. STOP these acquisitions
3. Sell his position in savWatt and step down as the president.
4. Quit any other job or positions in any other company and FOCUS ONLY ON GOIG!
5. Make Go800 the only subsidiary of GOIG and reduce losses from any other operations.
6. Fire the CFO and hires someone with experience.
7. Give free keywords to radio stations and make them do the marketing for you!
8. Change business model!! Make it cheap so more people can sign up therefore more people will know about the product! and it will become household name. Expensive product = less customers, cheaper product = more customers. profits could be equal!!!
Subway made their sandwiches cheaper and gained more customers. They made less $$ per order but they acquired much more customers which led to more profits.
9. Hire professional! hire professional sales team and marketing firm! Don't be a jack of all trade.
If Ike really believes in Go800 he needs to leave his other jobs and businesses and focus only on Go800! That's the spirit of a confidence man! I don't see that in Ike!
