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Posted On: 04/21/2016 12:41:02 PM
Post# of 23622
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Posted By: Lets Roll
$CRWG Sabnani continued, "The problem we faced in our focus on the forum sector was market risk. We did not have the resources to determine macro and microeconomic trends that might impact the growth of our various vertical communities. While our automotive sites may have received increased traffic during a particular time period, other sites aimed at other verticals might have had downtrends. This made forecasting and investing very difficult. Now, by focusing on the cannabis sector as a concentrated vertical, we believe we can apply our skills without being dampened by short term market volatility. This is a long term play which will require for us to complete a successful equity financing round, but we believe that the opportunity is massive and achievable for CrowdGather."

https://finance.yahoo.com/news/crowdgather-an...00917.html

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