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Re: dodger0328 post# 44711

Wednesday, 01/22/2014 7:15:02 PM

Wednesday, January 22, 2014 7:15:02 PM

Post# of 84964
Agreed. It is also worthy of mention that the company has been very open to suggestions and input from investors, which has been evidenced many times. For example, I remember when the company was asking us to come up with names for the new media app, which eventually became App-Flix. I submitted many prototype names which were not used but it was to feel that I could use my imagination to possibly make something I was invested in emerge in a better light. Recently, the company was asking investors to look at the new Glenn Harrold app format and provide any feedback. I looked at it and sent a note to IR and they responded to it. The company is very responsive. I do not believe that they would get involved with shareholders if they were not legitimate. It is still a very new technology and the possibilities are increasing, which is the point of so many recent blogs that demonstate the skyrocketing pace of acceptance of apps. It does not takie a great leap of faith to see that there will be a LOT of opportunities ahead as businesses get more and more digitally oriented and advertising budgets get more liberal with the digital media. The funding remains the biggest problem that I can see for everyone involved. Banks are NOT what they used to be, they DO NOT readily lend $$$ anymore to entrepreneurs. Instead, they get very thin margins and vast sums from the Fed. to invest and they invest it in already proven stocks and other devices such as very risky derivatives, but they are trying to maximize profits for their boardrooms and NOT for mainstreet. The struggles with developing homespun businesses to get funding is epidemic and is crushing our economy because this failure leads to failing small businesses that could create new jobs if they could find funding. The funding dilemma facing MRNJ is holding down our entire economy, unfortunately.
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