From Rory........... Thank you Roni. I fully ex
Post# of 32641
Thank you Roni. I fully expected to take a lot of heat for the back-up strategy around the reverse split and I acknowledge that a RS appears to contradict directly my prior comments about doing a RS. It does. And I intend to own that and explain my thinking in Monday’s SHAC video, which thinking incorporates the benefit of some of the greatest business minds with whom I’ve consulted on these issues, all of whom are nFusz shareholders, Board members and Advisory Board members, and all of whom, as shareholders, have their interests aligned with yours and all other shareholders. And most importantly – all of whom, including me and my team, bear the same consequences of our decisions that you do. So, none of our decisions are made lightly. Quite the contrary. We have one goal. Just one. Increase shareholder value. Everything we do must ultimately contribute to that goal. And every decision we make is made with that goal in mind. That doesn’t mean that shareholder value and corresponding stock price is a straight up arrow. There will be ups and downs, peaks and valleys, and accumulation opportunities along the way for those with vision. For many, especially OTC day traders, it’s impossible to see the forest through the trees. Some because they don’t see the long-term vision being executed, some because they don’t understand it, and others because they are sheep easily scared out of their shares by people whose interests are not aligned with theirs, and in some cases, as we now know, by people who don’t even own the stock and are paid to scare people out of their shares by unsavory characters who make a living preying on others in violation of the law. This is the unfortunate side of the OTC. I do not mean to disparage the many companies who trade on the OTC that have honest, legitimate thriving businesses or those working towards those goals, or the OTC investors who play by the rules and look for quality long-term investments. But I’m committed to building a multi-billion-dollar business. I know that in order to do that, we need to create partnerships with major industry players which we’re doing, continue to revise, revamp and improve the product design, architecture, features and functionality, which we’re doing; identify, pursue, negotiate and close accretive, complementary acquisitions, which we’re doing, and ensure that large institutional investors that appreciate the value creation opportunity nFusz represents and who subscribe to our long-term vision, can invest in our company, which means we must be trading on NASDAQ or NYSE. That’s not negotiable. Most people today are unable to purchase our shares through their existing brokerage accounts because those firms will not fulfill their orders for an OTC share traded company. That’s a fact. For that reason alone we need to uplist to NASDAQ. But it’s not the only reason. I’ve said from the very beginning, we are not an OTC company and but for the way we started, we would not have been an OTC company. We would have been a venture-backed tech company getting ready for a NASDAQ or NYSE IPO and the average investor would have never had an opportunity to participate in our stock. Many see this as an opportunity, others don’t or are easily swayed by the noise. The things we’ve done and the things we’re doing are hard. Very hard. But that’s why we’re doing them. We leave the easy things to others. We thrive on hard; we thrive on achieving those things others say can’t be done. And we take pride in making them a reality – our reality. The reality we’re creating for ourselves, our families and our shareholders. This is how it’s done. No one is going to hand it to us; we’ve got to go take it, and some will try to make it even harder than it is. But we’ve been here before, we’ve done this before. And we’re going to do it again. Sure, nothing in life is guaranteed, but we’re putting our own money behind this, along with yours, and we believe in ourselves and those who stand with us, behind us, and along-side us. I never said the path would be without challenges; we’re working through some today. What I have said is that when we come together, we can accomplish those things others perceive as impossible. And together we’ll weather storms and celebrate the wins. Always together.
Rory