Garyst: you are one of my top posters. Thanks for all your contributions in this board that always widen my horizon.
Please comment on the following if you and others have the chance:
My 2 cents feedback to the posting of BW on bbda facebook on Nov 30, 2012.
Brian: you wrote -
There are 5 areas to be addressed:
1. Stock buyback
2. Fully reporting
3. Stock dividend
4. Growth projections
5. Global marketing
If we can put them under priorities, it will be helpful for bbda:
A. High importance - #4, #5
B. Middle importance - #2
C. Low importance - #1, #3
A. #4 & #5 are of high importance to a developing company
1. Solid marketing and growth projection will grow the company from a baby stage
to a youth stage with 10-20x higher in share price then. It could be done in 2013-2014.
2. Expanding sales markets in US, to Europe, Australia …… helps and by contracting with
more partners, more sales locations will build the brand image. But it is a very slow process
unless the company has the resources to advertise in major media which is known to be too expensive for bbda.
3. BBDA does not have that much dollars to advertise. You cannot go to the major media ….
then …. let them come to you. I think Brian and the employees can think of something
good. Here is one under the good deed category that the media may like to report.
Co-working with other charities, like Food Bank, Salvation Army …..… by donating KU to people under harsh conditions, give them a better sleep…… well … I am thinking of someone in the aftermath of Sandy. Other good deed may be a scholarship to a kid of the employee-of-the-month of a Walmart store……. There are too many good deeds you can think of …. Good news will spread out and the most important thing upfront: you know that you are doing the right thing and encouraging good deeds by your neighbors.
4. Save the money in #1 & #3 and put it in #2. This should be done in 3rd quarter of 2014 in concurrent with success in #4 and #5. The numbers in your books should be much higher, share price will follow…… you should have the adequate resources then and that is the right time to avoid “big number problem” and any trust issues.
5. Please do not over promise. Support your plans with committed personnel and time lines layout, otherwise it is just “advertising” on Facebook. Share your dreams with employees and share holders and you will get a lot of support. We will know that you are a good man before people and God.
