GDSM Towlie that is so correct. So many are used to the penny plays where there is a pump to create immediate action pps, and then use that to their advantage for earning cash. Not a bad living if you are skilled. But for this co. it may not work the way it does for a typical pink.
Everyone seems to focus on the wrong things and grasp for things that are irrelevant at this stage of co. growth. because they don't fit into what they normally see. Things like large growth of members for the Xchange. Some think well it only has a few members for the time. Correct but those members are the correct type members per the initial plan. Xchange really isn't jus about one thing as Mike said. It is about many things.
The main focus was rec users and get the site up. As the platform is developing it allows assessment of the structure and what the best direction for the platform will be. Kind of like building a race car from scratch and not really knowing which class it will fit into when the race starts. I feel that a lot has been learned and the path that will make xchange even more valid and help bring in new members has been defined. I'm excited of things to come.
Other than that deals are apparent and real. No B/S about them. Like you said a real co., with a real plan, unlike 99% of pinks out there. People just don't know how to react to real because they are so used to lies.
For sure though we are on a positive momentum. The consulting deal alone give the co. revenue to cover most operating expenses and also maybe give Mike some wages. he has been funding the co. from his own pocket.(other than the 95M which paid for work done by others.
Really I don't miss the picture often. This truly is about building a POS co. from the ground and turning it around with a skilled leader. A last comparison to think about.
Regardless of what you think about where we are now: If you had your cash in a big board stock. How long would it take on the avg. to earn even 200% gain. Example: It has taken Yahoo 12 yrs. to gain approx. 300% (plus an splits). So see no one wins the race with a real business plan in 6 mo.'s. Mike is doing a great job. It is sad that the greenhouse deal had the moratorium. It would have put the co. in a lot better place already. That is why Mike is searching for additional deals. I will just say I live in the NW and have many connections.
GLTA
Go GDSM!!!!!!!!!!!!
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