Friday, September 30, 2011 8:56:19 AM
I just started reading your posts because I have a personal interest myself in this company. I am a previous employee of MyYearbook. So I am not sure what I am allowed to say publicly, since I am not a seasoned pro at investing. I just know that I need to be careful.
I think at least I can tell you this much because it isn't publicly withheld.
MyYearbook is probably twice the company that QPSA is in the fact that they know how to monetize and are intuitively building new products. After their first year they were already making profits which is unheard of in the social network world. Their CEO G. Cook is a serious go-getter (Harvard Grad with a Million+ sale of his first company by the age of 26) and is taking a top spot on the board after the merger. He will be continuing his day to day role of leading the company into bigger and better things. They also take a strategy to go after the market that Facebook has left behind. Meeting new people. Which has even more potential than connecting with those you already know.
Some hope I can give you is that once the merger is complete. MyYearbook will have to release their financials and I think everyone will have a nice surprise at how well they do.
To fully disclose myself. I do have stock options from MYB, so I have a vested interest in the company. But I am speaking from the heart when I say the company has great value and I see a very bright future for it.
So I am joining this conversation because you guys seem to be following it very closely and I would like to keep an eye on what going on in the investment news as well.
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