Yesterday I talked to a distributor of the products of Royal Bodycare, of which GNII is a holding company. It is a "network marketing" business growing at an amazing pace. This fellow also organizes large scale conference calls for other distributors or for customers. He said some interesting things. He said that the company was establishing a string of records, that they had just completed their 8th record month, and he thought that before the end of the year the company would "cross over the five million mark," and he categorized that as entering "hypergrowth." He emphasized that this was only his opinion, but he also said he he had recently sold everything else in his two personal retirement accounts and invested solely in shares of GNII, his most recent purchase being at $2. On these conference calls, he has in the past mentioned as an incidental subject investing the the company, but it hadn't occurred to him until my call to have a conference call for distributors that would be devoted entirely to the subject of investing in shares of GNII. He was interested in that idea, and in fact asked if I would forward to him, just because he was curious, what was being said on the thread I mentioned, which of course I will do.
I was struck by the fact that this one enthusiastic distributor had seen fit to put all his retirement savings into GNII, and that there are thousands of new distributors every month signing on.
I'm buying more GNII today. |