TheDirectory.com Inc (SEEK)

[rhumphre1]

I have been in numerous " startup's " in 40+ years of trading. I will invest in any company ( in pinkie land ) that has a CEO that doesn't appear to mislead investors and keeps the shareholders INFORMED as to what he/she will be doing Q/Q and Y/Y. Credibility ( hitting dates , etc. ) play a huge role also. Their is NO BLIND ALLEGIANCE in my portfolio!

From previous experiences I have learned a good rule of thumb for a startup company to be turning revenue and reporting current information should be in the 18 to 24 month area.

Like I have stated in the past......SG is quickly approaching what my timeline for bailing out tells me. 12/31/12 will be a handful of months past what that rule should be IMHO. When a CEO starts talking REVENUE hitting the books, that should tell most investors 18 months before PROFITABILITY hits.....give or take 6 mos. allowing for a small bump in the road, amount of debt hanging over the company along with outstanding shares.

SG, being an ex-broker is smart, should be very aware of the formulas, timelines for reporting and ALL the requirements. By SG using " unknown at this time facts and percentages " it keeps the interest in SEEK and MM's on their toes......LOL!

That is all fine and good.....but sooner or later investors DEMAND visibility and if you don't produce what you have been dangling to investors in a " reasonable amount of time " ......well lets just say the " fork will be in SEEK "!

By my calculations, it will be at that point at the first week of Aug 2012 IMHO! Mass exodus will start by the 15th and continue until SG either sees the light that investors won't be manipulated with percentages and visions of accountants getting numbers ready anymore or produces those elusive financials showing REVENUE and hopefully PROFIT that he claims SEEK is making! The agenda and flavor of the NEXT PR from SG should set the tone one way or the other....dangle another carrot or PRODUCE!!

IMHO, his past business experience(s) were lacking in legal knowledge and hopefully he has corrected those issues. We will see on that point.

Not rocket science as OTCMarkets is VERY EXPLICIT in what and when they expect it and how they expect it!!