Monday, August 24, 2009

Beyond Commerce

I don't understand how someone sold their $300,000 stake in Beyond Commerce and the stock cratered to 16 cents a share.

Either I'm on the losing end of the stick or not. But the fact remains that as Beyond Commerce claims:

Beyond Commerce Reports on Growth as the First Internet Based Direct Sales Company Through LocalAdLink and i-SUPPLY

While the monopolistic Twitter, Facebook, and Google all have Communist business models - everything is free- I believe that people will have to realize that their time is precious and that they should be paid for their time and effort. Hence, a business model based on profits never goes out of style. Microsoft built an empire on profits, not on wasting money into monopolistic sites like Facebook that may or may not pan out.

Everyone is basing their pricing models on piggy backing onto the cable lines; while BeyondCommerce should stay the course on any platform, even if charged for maintaining its website.

ADDITIONALLY, look at Aflac. Aflac built an insurance empire on sales. Sales never goes out of style. Additionally, we also have the successful Avon, Tupperware, as well as HerbaLife, to add to the list of direct sales that were unimaginable successes. The only difference I can see is if the directors are long term in nature or looking to stick around only until a bidder comes in to buy at a wildly marked up price which isn't necessarily bad either. Ultimately, the key with this company is its management and integrity.

At a market cap of 8 million and revenue that keeps growing, the reward is ridiculously higher than the risk.

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