Re: RE...ON ECONOMY as it relates to EDIG...
posted on
Jan 14, 2009 08:22AM
"Try selling that idea to the millions of people who have lost their jobs becasue of the economy and their life savings in the stock market."
No doubt they are in a Sh--t storm. They likely won't be buying highly speculative stocks anytime soon. Many others are keeping their powder dry until they get some clarity on the market's direction.
There are trillions of dollars sitting on the sidelines that will be looking to speculate on either undervalued companies or special situation stocks not effected by the economy to the degree you describe.
Right now a business plan/model NOT dependant on product sales to the consumer is the best place to be.
How many dollars in eVU sales vs nebulous settlements do you see happening?
Cash is king.....EDIG is receiving cash with no outlay of capital or debt accumulation.