Wednesday, January 04, 2012 10:52:16 AM
If I recall correctly the main buzz on the web was that SG owned a lot of web domains that had a great 'virtual' value.
Secondly was the trust SG gained because he owned a huge amount of shares from his own company that were bought at a share-price a lot higher than the current one, and that he worked on his business without paying himself any fees. Isn't that the way Jobs worked?
This info can be read in the yearly rapports. His goal was also to take his company to a higher exchange.
The boost from 0.0003 to 0.0048 came with a share-buy-back programme that was hyped all over the internet, but made a lot of awareness available and attracted a lot of new faces. All this happened when TheDirectory.com was still EYSM.
Now we are a year later, we have a profitable company, an attractive name-change, a new ticker (SEEK) that sticks in peoples mind, revenues that grow every Q, paid of debt, cheap web-design partnership in India, version 2.0 of a search engine that is different from others because it's local approach and many believers in a bright future for TheDirectory.com and SEEK.
So don't get nervous when all of a sudden you get rich, just get richer and be proud of the years of patients and the strong believe that this was truly a good company to invest in
GO SEEK and find
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