PLNM,,
Did a complete background check on CEO. I was told some what disorganised but very kosher,,, the possibilities are immense,,as they are now in fore front of this new marketing concept.. not only do they get paid for hosting banners and links to lenders such as Bank of America (already a client), and gets paid well,, they will get a cut of every originated loan from that site..
I will talk with CEO on Monday, as I have sent them some preliminary questions..
The mortgage market is huge as we all know and even if they only get .1 points on every loan ,, I think they will do very well.
I see this as more realistic and faster growth service sector than other internet buisiness ,, and they are actually producing revenue ,,
Today a very greedy person bought at pre-market open order of 15,000 and drove the price crazy ,, yet sustained 54% gain ,, MMs sucked but as volume comes in they will get it better organised... also those who got in under a buck ,, could not refuse the money on the table.. howver, I see this as a steady climb, and will surpass the PNLK level..
We had our fun with PNLK .. but this is real deal .. think about it ,, how many mortgage transactions are being originated in this great country ,, every day. If PNLK can go to 8 on sheer hype ,, where will this go with real revenue and immediate market impact. |
