Forwardly Inc (FORW)

[Carter]

Yes, I sent that to James Watson... In the form of a post to you. I used to be able to schedule periodic calls & have some fairly blunt conversations w/ him. That doesn't happen anymore, understandably, so I guess this is how we'll do it (unless someone wants to shoot me his email address at [e-mail]).

For the record, I always found him to be quite transparent w/ his intentions, detail oriented in terms of his plans to grow the business & realistic about what was achievable. This inspired confidence on my part, all the more so when the business plans he articulated came to fruition.

It's times like this that his personal contact w/ shareholders - even in the form of live cc's - mean the most, in terms of shoring up long support. The better days will take care of themselves, in the form of meaty PR's, released financials for 2010, institutional buying, acquisitions.

Aside from those who are just in to find the bottom for a quick flip, I think there's a fairly solid group of longs here who can handle a "longer term" vision requiring this kind of capital raise. I just get the sense it's time for a little more communication around some of these business activities. Re-frame the vision - the potential - and give us a little peek under the skirt: what's the exciting stuff that's happening on the business-growth end? We can work w/ that.

Net, net presence - it's impossible to have the OS increase and the pps decrease as it has without it triggering the kind of concerns you've expressed. Completely understandable. However, I'm not invested in GRDO based on my experience w/ other pinks. I'm invested because my gut & my head told me, over a period of time, this guy was trying to grow a real business. And if I got in early I could make exponential returns. I STILL feel the same way. Do I KNOW we've found a bottom in the 003's? Nope. I'm going w/ the longer term plan to buy when I think it's low and hang on to grow w/ the co. - if that's the direction it's going to go. I'm not much for the doom & gloom stuff, ie comparisons to other pinks. If I thought that way I'd be O.U.T. by now - and I'm definitely IN.