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AugustineAl

10/20/11 11:55 AM

#10054 RE: Russ49 #10047

I really didn't get much out of it except the runaround?? Says what he has to say by being vague or not being able to answer something due to legal reasons. By being vague he is able to say what he believes everyone wants to hear. I kind of figured it would go this way and there is an answer to everything he said.
The good thing is now he has more pressure on himself and Schuster to make things work, maybe?? We will see.
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Pennysaver9

10/20/11 12:40 PM

#10077 RE: Russ49 #10047

so you really did not get much info out of him...this is exactly what I expected...the normal bullshit about what he can legally say etc...I happen to be very knowledgeable about media outlets...they will not do the type of deals with him that he wants to do as Net Savings Link does not have a significant membership base...the numbers are not there...also there are no significant exclusive deals with Net Savings Link unlike Living Social which also has local deals and that is appealing to a radio station....his strategy of not paying for advertising will fail...and if he REALLY has 10-12K members then he should be pulling in 50-60K per month in membership sales which with the $900K from the investors would be more than enough to advertise...this is a failing business model and that is why he is hiding behind the "I cannot talk about that" nonsense and also the delays in 3rd quarter reporting...if he really had the much success with members he would be sending PR's left and right....I think an in person meeting at the offices would be more appropriate...then we could look into the boy's eyes...
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OhWell

10/20/11 12:47 PM

#10080 RE: Russ49 #10047

So let me get this straight....it took shareholders from a message board to tell him that he needs SEO....and to even recommend one to him?? That's scary...VERY scary. He's JUST NOW going to sign one on....that should have been done when the site was being built. Any competent dot com CEO would know that. Sounds like NSAV needs not only SEO, but CEO too.

And he can forget about a Clear Channel-Living Social like deal. First off, that deal is an exclusive partnership. He will NEVER get in with Clear Channel.

Secondly, a radio station with one million listeners is a major radio station and will probably be owned by a large radio group that will also never do a deal like this with an unknown company that has nothing proprietary...no brand recognition, sales force, or significant database.

HE WILL NOT SECURE ANY RADIO DEAL LIKE THIS WITH ANY SIGNIFICANT STATION. I guarantee you he will not secure a deal with ANY media company that has one million listeners/viewers, etc. I doubt he can do it with one that reaches 50,000 listeners/viewers.

I won't sit here and say the guy is a scammer because I don't know him....but I CAN tell you this with conviction.....HE DOES NOT KNOW WHAT HE IS DOING IN THIS INDUSTRY.