Re: Sinkman...great post.Ben / 2ndmail
posted on
Apr 01, 2009 06:18AM
And morning to you!
Yes I'm still in it, only bought a few weeks ago for the 1st time.
EDIG is my play though. Other than mutual funds and bond funds, I have owned EDIG longer than any other company in 30+ years of investing. Been on their team for 9+ and finally seeing why I never gave up.
2009/2010 will be our just reward IMO.
Lots has been said by many concerning DM getting the new list out, to keep the pipeline full, and I agree that is extremely important. But IMO with 6 of 8 on the books, as in a batting average of 1000, a precident has been set...VALIDATION of the portfolio. I suspect this will translate into faster time frames to settle for the next group. We started this in Mar-08 and the 1st one (LG) fell in Sept, so 6 months. Then, from Sept-08 to Mar-09, 5 more fell. Get my point everyone?
We need to also remmeber our burn rate is $250K/mo, some debts are gone, we have cash in the bank, EDIG has stated the intent to partner, plus move eVU into non-IFE markets. Our momentum is building, plain and simple.
These are good times.