Well said Ron. No one that has been here long has said this quarter was going to be huge. We followed the guidance put out by the CEO throughout the quarter and knew that this would be a tough one, and yet still profittable. Going forward, with numerous Android Apps on the market and Apple approving apps to their market, strengthening the company in China and reducing outstanding preferred share numbers, this is an investment in the early stages of its development. I see two ways to play this. 1. Get in early and let the CEO do his work (meaning take your position and come back in a year or two to see the results, low blood pressure comes to mind in this scenario) or 2. sit on the sidelines, let the CEO do his work and take a position once you are convinced that the company is going to succeed, at a much higher price.
Personally, I am going with option number 1. I have been here for almost two years, read every PR, guidance, financial release, corporate update, CEO iHUb Q and A, etc and can make one statement about this investment ---- This CEO cares deeply about his business, his shareholders, his reputation and the future of Andiamo.
He has accomplished everything he has set out to do. He has been truthful with his shareholders and provided updates in a timely fashion to all market conditions, as an example, he told us all about the Apple rejections immediately upon receipt of the information. And then followed up by telling about his success with the newly crafted GPS app that has taken off in popularity. The Android market has been slow in coming to ANDI, but now ANDI has multiple apps on that market ready to increase revenue here.
The technicians here can tought the charts all they want, however, the fundamentals at play here are also very impressive. This CEO sets goals, defines objectives and then achieves them. I have stated this before and will again. This is a long term investment in a fledgling industry, it will take a long time with slow and steady growth to become the leader in this industry, but I believe it can make it there with the leadership we have in place here.
jd757
