GNZR Finally Positioned To Succeed
It's been a long haul for this company to get its act together but a lot has happened this last year:
- Over the last year the company has caught up all of its SEC filings
- In July/August a new CEO was hired from Time Warner (Richard Morrell). Mr. Morrell's compensation from the filings is stock, so he will be motivated to move the company forward.
- From SEC filings, It appears there was a change in control in December, and Mr. Morrell now owns all of the voting shares which gives him complete control of the company. Additionally, Mr. Morrell has invested $125,000 in the company personally and in a letter to shareholders in December he reiterated his commitment to building a successful company.
- The company launched a new website recently at Find.com (shopping comparison site).
It will be interesting to see what happens from here forward, but the company finally appears to be in a position to be successful. Find.com is an excellent domain name (the current focus of the company from their website at www.generationzerogroup.com). With the right strategic plan, they should do well.
