He found fault with just about every aspect of Ste
Post# of 40991
(Total Views: 209)
Posted On: 12/17/2018 2:29:30 PM
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He found fault with just about every aspect of Steve's PR/SHL.
All I said was that the greeting card exchange was the only new piece of news.
The website was just purchased 4 days ago. The site hasn't even been built. Going to be hard to generate sales with no site and no partners. Give it a year.
If you wonder why I question several parts of the revenue stream it's because there really hasn't been follow up to developments. You have to remember that the mobile dental business was announced how many years ago and hasn't generated a dime of revenue. The digital advertising business was announced several years ago as well and only $3000 revenue was mentioned in one of the first filings and hasn't been mentioned again. The golf apps and car seat apps and Title app seem to have been forgotten. Wasn't mentioned in this SHL.
So forgive me for my hesitation to believe immediate action and revenue with the greeting card exchange business.
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He went out on a limb and said the 6th leg won't produce revenue until next Holiday season. That just doesn't make sense. This leg may get a lot of business AFTER THIS HOLIDAY SEASON - so, the timing might be perfect. I know a place in NJ that does this. Store front in a small shopping center. As I recall, their fee was 25% - 50%. I don't recall whether they offered trades or not. I think it was just a "cash for your card" business.
Market seems to like our news even if our resident expert doesn't. Bitterness has a way of clouding the brain and causes people to make emotional decisions. We all know that you must check your emotions if you want to make money in the market(s).
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