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Re: Chugit post# 74464

Wednesday, 04/18/2012 9:54:54 PM

Wednesday, April 18, 2012 9:54:54 PM

Post# of 94541
If all Phoneguard is getting out of the concert is exposure, then it will close its doors on May 1st. They only have enough cash on hand to keep the business going until the end of this month as stated in the 10k they released a couple days ago. So the free subscriptions that everyone is getting that will give us revenue a year from now when everyone has to renew their memberhsip will not help us at all. OPMG has to make A TON of cash by the end of the month, or it's game over.

Now I refuse to believe that OPMG would put so much time and effort into this concert if they knew they weren't making any money off it and just had to close up shop 2 days later, they are smarter than that, one would think. They HAVE to be getting a portion of something, or it would all be for nothing.

I really really hope this all works out because I have a decent sized amount of shares and if it pays off it will be huge, but on the otehr end of the spectrum all our shares could be worthless in a couple weeks.

"Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t"