I did all I could to keep the company afloat and it was difficult as it was my first public company. I took on a few more team members as stop-gap measures and the DNA of the company began to change. In exchange for a few other deals, I had to remove myself from the chain of command while changing out some of the management layer.
We established a relationship with Microsoft and had Samsung in the pipeline as well as others. We could have never predicted many of those we were dealing with at Microsoft had plans on jumping ship. This made things move glacially slow and it continues to this day.
Having the right unified team is essential. Having the right float is essential.
Today, NFLX has a 49 million share float while MIMV has a 65 million share float. This needs to be fixed and their is a plan in place to do this and I'm not talking about a standard 10000000000000000000 to 1 reverse split. I'm confident Mimvi management will continue to travel down a path toward this primary focus of repairing the float with the goal of listing on Nasdaq.
I expect my family of companies to do well if they continue to follow many of the principles I've learned on the battlefields in the past. Recently, I've added Pimovi, a private company owned by a public company, CHAG, which has a new team with different DNA, algorithms, technology and more experience than ever. See: along with
And this is just the start!
Feel free to send me any other questions.
Onward! This was a canned email all who email him will get.........