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craigw

04/21/10 10:02 PM

#52348 RE: netjoy #52347

SUPER DUPER UPDATE! Thanks net...

Uranium

04/21/10 10:29 PM

#52349 RE: netjoy #52347

Thanks net! It is readily apparent to most, IMO.

While it may not be readily apparent to some, the company is taking the necessary steps for the longterm health and viability of the brand and stock.


The impatient minority is just that, the minority, IMO

Uranium

04/21/10 10:37 PM

#52350 RE: netjoy #52347

So very true, IMO

.......we have a company with immense potential and a CEO with the vision to make it successful.

gush

04/21/10 10:45 PM

#52351 RE: netjoy #52347

Hi Net, As always thanks again for your DD and all you do for the board. Your conversation with Evan confirms I made the right choice the last 14 months in investing over $25,000 in this company. Our day is nearing and I'm sure we will both be here for the ride. :-)

Take care and keep up the good work. Gush

pristine

04/21/10 11:18 PM

#52353 RE: netjoy #52347

Great update, thank you netjoy. Glad to finally get an update on what is happening with the filings.

I think we're going to have a very exciting summer with the filings, 2011 collection, new showrooms, new contracts, and the media blitz..

pristine

04/21/10 11:37 PM

#52354 RE: netjoy #52347

Some of EFG's work for 2009:

http://www.efgpr.com/deck/2009/

Some very impressive stuff with big name brands. (Flip to the appendix at the end.)

coolio_g

04/22/10 3:35 AM

#52357 RE: netjoy #52347

Thanks net for your efforts here!!!

(Un abrazo desde "Spain")

bdarmy

04/22/10 6:04 AM

#52358 RE: netjoy #52347

To me the most telling thing is that they are spending $150,000 on correcting all the back audits. I seriously doubt that they would spend more than the revenue of the company to do so.

As such, if the companies revenue was ONLY $150,000, with a reasonable P/E of 10, it would valuate the company at $1.5 million, for a P/S of just over .02.

Though I doubt that they would get it all updated as such if the revenue was even just equal. Either that, or their projected figures would have to be pretty stellar.

Either way, it means that the company is severely undervalued, and will attain a reasonable P/S once their information is available to the public.

Finally, as one swim show brought the share price up to .02 last year, I can imagine that several will have a similar impact, but increased.

rstar

04/22/10 7:35 AM

#52360 RE: netjoy #52347

fantastic netjoy! thank you for your efforts and sharing...

ctinvestor

04/22/10 8:13 AM

#52361 RE: netjoy #52347

And none of this has be PR'd or IR'd and we are supposed to believe that the husband of the CEO of a company talks to "a" stockholder after they have been through a fine tooth comb with the justice department and the SEC.

Until they release something "officially" like an IR and follow up on their IR from January I will be sitting on the sidelines and following IDGI but I will not be promoting.

And I wish I were a paying member of IHUB because just a few messages past Matt asking Eyemed to speak up,we get a phone call with Evan...

Just IMHO but something doesn't smell right here.

pristine

04/29/10 3:55 PM

#52566 RE: netjoy #52347

Regarding #2:

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=x9PixkpvfbSYYmgAsSp%252bjw%253d%253d&nt7=0

"Important Notice: Entities with a March 2010 annual list due date whose lists were received by March 31, but have not yet been processed due to processing backlog, may show as in “Default” in the Business Entity Search until all March filings are processed. We expect completion of these filings by May 14th."