Just be careful, it might get harder to flip the flop.
I thought todays orchestrated call by Brendan was horrible. Obviously it was very staged, as we knew it would be. Look at the list of quesitons that yoyo had put together. Those were legit questions from investors on this board that had been sent to Ike. Most were not addressed and what was addressed was not enough to hold or increase the PPS.
Ike mentioned that the technology was patented. Brendan went back to clarify, which was very smart on his part. It gave Ike, who misspeaks frequently, the opportunity to correct himself. Otherwise Ike was about to get torched.
OK, so there is an audit coming. Big deal at this point IMO. I think it is clear that the audit is going to show nothing but dillution, high salary for the CEO, virtually no income,a ton of debt and now a whole lot of forward looking statements.
The twitter deal is good for only one thing, and that is creating awareness of the product. However, this will bring no revenue to GO800. At 100 minutes people will not take the phone call or will simply cancel the service. Why, because most cell plans that people are on include unlimited calls and texts now.
IMO, with no revenue coming into GO800, the only way Ike keeps the company going is put more shares into the market. Notice, there was no mention of Mr. Fu and the $5M investment, no mention of the Mr. Fu visit this month. So what happened to this deal? It would have been nice to know if Ike was still gonna make this happen.
Bottom line is this IMO. Ike has not been able to get this product off the shelf because he had absolutely no clue how to market the product. You can't sell a product to a business if they do not see you marketing your product to the masses. To expect the business you sell a keyword to advertise their keyword is one thing. To not advertise your own company to support the business' you sell to is another.
The concept should be a huge success. I think we all agree on that. The problem is the captain that is in charge of the ship does not know how to leave port.
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