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Davenport
Comics are my Life
Joined: 06 Dec 2004
Posts: 1367
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 Posted: Mon Mar 28, 2005 3:49 pm Post subject: |
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| aman619 wrote: |
I'm not flipping any books so thoughts on selling are far down the line; and I have decided that the CGC books I have bought will work out in the end for me, as best as I can tell now.
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All I'm saying is when buying EVERY option should be available to you. If you pass on a perfectly graded PGX then you've thrown out an option. Mainly because your thoughts on selling are front and center, not far down the line. That's the deciding factor, if I understand you.
It's no big deal. Different approaches to the market are interesting. And I'm always re-thinking mine. So I enjoy the discussion.  |
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Oxbladder
Forum Whipping Boy
Joined: 06 Dec 2004
Posts: 2629
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| Posted: Mon Mar 28, 2005 4:01 pm Post subject: |
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| aman619 wrote: |
anyway - - Do PGXs really sell at a such high discount compared to CGC? And are they really TOUGHER graders than CGC, yielding a seconday bonus effect? |
No to both. In fact I have seen people willing to pay more for some titles and less for others. generally I would say that the total dollar return is not as good as a CGC graded book but it is better than raw in most cases.
Are they better graders? I do feel that they seem to be more consistent in the application of their grading rules but better is completely subjective. Some see that PGX is looser on mid and low grade and I just don't see that significant a difference.
For most CGC books that go up for sale I really have nevr checked to see if the time that the book is away for grading, the cost, and the final realized price is worth it. Perhaps the cost/time factor is why the majority of people out there do not bother getting their books graded. I know for me no matter who I would use it is very costly process and not just because of the grading costs but the shipping is very prohibitive.
When all that is factored in I think you would find that the return on the majority of graded books i not that great. We all get wowed and impressed with some of these record high prices but thhey are reaaly restricted to very few books and in the whole scope of things the huge returns are not THAT common.
I don't know no one really ever looks into this. CGC or PGX may make the claim their service is going to make you wealthy (there are lots of ads in the new Overstreet guide) but no independent source has ever really confirmed this. Perhaps we are all fools.
Then there is me who has 16 graded books and I have zero plans on selling any. My goal was not to slab and flip.... but everyone should already know this. This one of the reasons that grading companies kinda piss me off too. The cost are so prohibitive that for someone to get certain treasures graded (appraised) just for insurance purposes is just not realistic. so how is that helping the whole industry?
Unlike many I believe that it should be a service attainable by all for any reason (to sell or keep). If it really is supposed to be for the betterment of the industry then it should really be for all and not just in theory for all. I would love to be able to wlak into a store and thumb through a store's collection of slabbed books, buy one take it home, crack the slab, look through or read it, then send it to a grading company or one of it satelitte service centers and get it regraded and slabbed.
I know alot of people are opposed to sattelite facilities and say that it would be too hard a venture, etc. but i just don't believe that there are alot of talented eyes out there and lots of demand for it. It would not be an easy venture but I don't think that it is an impossible thing and it DOES benefit the industry.
Just ranting again.
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Davenport
Comics are my Life
Joined: 06 Dec 2004
Posts: 1367
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| Posted: Mon Mar 28, 2005 4:35 pm Post subject: |
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| aman619 wrote: |
anyway - - Do PGXs really sell at a such high discount compared to CGC? And are they really TOUGHER graders than CGC, yielding a seconday bonus effect? |
Interesting question. Too bad GPA don't track both.  I did a "completed" eBay search to find direct comparisons. The two I found are fairly tight:
Daredevil 168 CGC 9.4 $230/ PGX 9.4 $235
(Comiclink) X-Men 1 CGC 8.0 $4975 / (eBay)PGX 8.0 $4300
Of course that $675 difference in the X-Men 1 is a nice little "keep in your pocket" number, if both books are comparable. Certainly nothing to pass on if you're looking to buy. IMHO, anyway. |
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aman619
Sidekick
Joined: 06 Jan 2005
Posts: 174
Location: uppa US
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| Posted: Mon Mar 28, 2005 4:46 pm Post subject: |
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Id like that too. Buy it slabbed and crack it and store it in a mylar with the label. In my mind, I paid for the grading opinion, so I still got it. But, as we all know, noone can be trusted, so it makes sense that a book and a label doesnt carry the same weight as a still-slabbed book. Too bad.
And I HATE all my big ugly slabs...its the books inside that I was buying. By and large Ive read them so I dont care that I no longer can, but the slabs are cumberome, and ironically due to SCS, the only "protecting" they do is of the grade.
To your other points, you cant argue with the ads that point out that comic X raw sells for Y, but a 9.8 slabbed copy can and has sold for 10y. Thats just market mania at the silly HG end (And thats not the books I am looking for, so God bless em! ). But then again, for early Marvels in 9.4, the same thing happens... But not all books get a bump cause theyre in a slab: a raw VGF isnt going to command a better price just cause its in a slab with a shiny 5.5 label in it.
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fantasyfootballbono
Secret Basement Comic Store Owner
Joined: 12 Dec 2004
Posts: 724
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| Posted: Mon Mar 28, 2005 5:06 pm Post subject: |
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| Davenport wrote: |
| aman619 wrote: |
anyway - - Do PGXs really sell at a such high discount compared to CGC? And are they really TOUGHER graders than CGC, yielding a seconday bonus effect? |
Interesting question. Too bad GPA don't track both. I did a "completed" eBay search to find direct comparisons. The two I found are fairly tight:
Daredevil 168 CGC 9.4 $230/ PGX 9.4 $235
(Comiclink) X-Men 1 CGC 8.0 $4975 / (eBay)PGX 8.0 $4300
Of course that $675 difference in the X-Men 1 is a nice little "keep in your pocket" number, if both books are comparable. Certainly nothing to pass on if you're looking to buy. IMHO, anyway. |
Let's do a few more (showing most recent sales for each):
Amazing Spider-Man #50: PGX 8.5 = $400 BIN (dumb move to make it a BIN auction) / CGC 8.5 $460.00
Avengers #1: PGX 2.0 = $240 BIN / CGC 2.0 = $285.88
Fantastic Four #9: PGX 6.0 = $250 BIN / CGC 6.0 = $285.22
Flash #105: PGX 3.0 = $325 / CGC 3.0 = $380
Journey Into Mystery #62: PGX 4.5 = $202.50 / CGC 5.0 in June 2004 = $102
Journey Into Mystery #105: PGX 9.0 = $229.50 / CGC 9.0 $224.50
Justice League of America #1: PGX 2.0 = $248.50 / CGC 2.5 $243.50
Weird War Tales #1: PGX 9.0 = $237.50 / CGC 9.0 = $210
X-Men #101: PGX 9.0 = $227.50 / CGC 9.0 = $169.99
These were just the most recent PGX results grabbed off of Ebay. I wasn't being particularly selective either. Of the nine books, FIVE of them had higher realized prices for the PGX copies, and three of the ones where CGC had a higher result was because someone hit the BIN on the PGX book -- which means that it could have gone higher.
Pretty good results for the PGX books when you consider cheaper slab costs and much faster turnaround times!  |
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bsan1827
Sidekick
Joined: 14 Feb 2005
Posts: 313
Location: Red Deer, Alberta, Canada
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| Posted: Mon Mar 28, 2005 5:28 pm Post subject: |
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If all you want to do is flip them, PGX looks like a good buy because their prices are gaining on CGC's. The longer they are around, especially with the better holder design, the stronger they'll probably show.
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Zipper68
Comics are my Life
Joined: 19 Dec 2004
Posts: 1396
Location: Upstate NY
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| Posted: Mon Mar 28, 2005 6:09 pm Post subject: |
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| bsan1827 wrote: |
| If all you want to do is flip them, PGX looks like a good buy because their prices are gaining on CGC's. The longer they are around, especially with the better holder design, the stronger they'll probably show. |
There is no doubt that PGX is gaining market acceptance. There is probably still some lingering fears regarding restoration detection, but once PGX get's over that hump, I think their business will explode.
It really is amazing on how far they've come already on a nonexistant marketing budget and given all the negative attacks they've had to face.
I think Daniel should be very proud of what he's accomplished thus far.
And I truly believe CGC is starting to take them seriously as well. CGC will never publicly admit it, but the "little company that could" IS taking away market share.
And CGC has no one to blame but themselves. Their arrogance and stubborn refusal to address important issues (slab damage, long turn around times, very high costs, etc.), has driven customers away. I am one such example. Not that I am a big submitter, but when I do want something slabbed, I will send it to PGX.
Speaking of high slabbing costs...
CGC has claimed numerous times that they can't reduce prices, they are operating in the red, or barely in the black, etc. etc.
If this company is not making serious profits, there is something very wrong with their business model. They are getting more business than they can handle and they are not making money?
Other than actual slabbing materials, isn't everything a fixed cost? Even if the graders are paid overtime and they have to pay increased insurance premiums to accomodate more books, these variable costs should be well offset by the volume that neccessitates these costs.
Are they paying the graders 6 figure salaries? Just how much are they spending on advertising? Are the top execs making 7 figure salaries?
Just curious. |
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Davenport
Comics are my Life
Joined: 06 Dec 2004
Posts: 1367
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| Posted: Mon Mar 28, 2005 6:09 pm Post subject: |
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Excellent info FFB! Thanks. (I think I'm on your list. Wish I'd seen that PGX Spidey 50 first.) 
I think if there WAS unbiased online tracking for comparison it would make a world of difference in the pro-graded market perceptions. Maybe sometime in the future... |
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fantasyfootballbono
Secret Basement Comic Store Owner
Joined: 12 Dec 2004
Posts: 724
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| Posted: Mon Mar 28, 2005 6:25 pm Post subject: |
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| Zipper68 wrote: |
| bsan1827 wrote: |
| If all you want to do is flip them, PGX looks like a good buy because their prices are gaining on CGC's. The longer they are around, especially with the better holder design, the stronger they'll probably show. |
There is no doubt that PGX is gaining market acceptance. There is probably still some lingering fears regarding restoration detection, but once PGX get's over that hump, I think their business will explode. |
I agree. I was thinking this weekend about the restoration issue and came up with something that could be a solution. Daniel should pay Tracey Heft to let him hang out in his studio for a week to learn how restoration is performed and detected. Tracey is a well-regarded, recognized restoration professional, Daniel isn't in competition with Tracey, and Tracey is not in bed with CGC. Even if it cost $1,000-$3,000 to pay Tracey for allowing Daniel to learn stuff from him and to cover airfare and hotels for the week or so that Daniel is there (all of which should be a deductible business expense anyway), the payoff from being able to show and advertise some REAL restoration detection training would be HUGE. I think it would more or less put that issue to bed going forward, don't you guys? If Chris Friesen can train Paul Litch to detect restoration, why can't Tracey Heft train Daniel Patterson?
Maybe you should call Tracey, Daniel? If you do call him, just be up front about who you are and what you are trying to do. Make clear the fact that you're not in competition with him, that you hold him in high esteem, and that if there are any cross-marketing opportunities to be had between your companies, this could form a foundation for later referral business, etc.
If he'd be willing, you should be the one to go -- and take copious notes along the way. Don't send your resto guy to do it because if he decided to leave the company later, your investment would be wasted. You could always compare notes with your guy on your own after you finish up with Tracey to make sure that he learns all the things that you learn from Tracey.
Last edited by fantasyfootballbono on Mon Mar 28, 2005 6:30 pm; edited 1 time in total |
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fantasyfootballbono
Secret Basement Comic Store Owner
Joined: 12 Dec 2004
Posts: 724
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| Posted: Mon Mar 28, 2005 6:28 pm Post subject: |
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| Davenport wrote: |
Excellent info FFB! Thanks. (I think I'm on your list. Wish I'd seen that PGX Spidey 50 first.)
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Considering that I paid $650 for my copy on ComicLink last year, ME TOO.  |
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Zipper68
Comics are my Life
Joined: 19 Dec 2004
Posts: 1396
Location: Upstate NY
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| Posted: Mon Mar 28, 2005 6:48 pm Post subject: |
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| fantasyfootballbono wrote: |
| Daniel should pay Tracey Heft to let him hang out in his studio for a week to learn how restoration is performed and detected. |
You mentioned something about this last week and I thought it was a superb idea.
Another option would be to pay Tracey to come to the PGX facility to give a 3 day hands on seminar to all the PGX people.
Given the latest dust up between Steve Borock and Susan Ciccone, she might even be willing to do it for free. |
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fantasyfootballbono
Secret Basement Comic Store Owner
Joined: 12 Dec 2004
Posts: 724
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| Posted: Mon Mar 28, 2005 6:59 pm Post subject: |
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| Zipper68 wrote: |
| fantasyfootballbono wrote: |
| Daniel should pay Tracey Heft to let him hang out in his studio for a week to learn how restoration is performed and detected. |
You mentioned something about this last week and I thought it was a superb idea.
Another option would be to pay Tracey to come to the PGX facility to give a 3 day hands on seminar to all the PGX people.
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That would be a lot more cost-effective, but probably not nearly as useful as spending a week in his studio watching him in action. Just MHO. |
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bsan1827
Sidekick
Joined: 14 Feb 2005
Posts: 313
Location: Red Deer, Alberta, Canada
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| Posted: Mon Mar 28, 2005 7:36 pm Post subject: |
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I agree with FFB, watching someone do the job hands on is a much better way to learn than having someone tell you and just showing examples. At least that's what I've found in 15 years of construction.
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Never do today what you can put off till tommorrow |
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Davenport
Comics are my Life
Joined: 06 Dec 2004
Posts: 1367
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| Posted: Mon Mar 28, 2005 8:42 pm Post subject: |
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| fantasyfootballbono wrote: |
| Zipper68 wrote: |
| fantasyfootballbono wrote: |
| Daniel should pay Tracey Heft to let him hang out in his studio for a week to learn how restoration is performed and detected. |
You mentioned something about this last week and I thought it was a superb idea.
Another option would be to pay Tracey to come to the PGX facility to give a 3 day hands on seminar to all the PGX people.
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That would be a lot more cost-effective, but probably not nearly as useful as spending a week in his studio watching him in action. Just MHO. |
Great idea all around. The only negative spin I can think of is some Snooty-types ranting "Yeah, why did they NEED a restoration education?" or similar nonsense.
Another thing great about the idea, besides the learning aspects: Much of hobby politics seems to be about the name drop, and study with Tracey Heft would give PGX a "known" name to toss around. Maybe have some pics on their website of the time spent together. |
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Davenport
Comics are my Life
Joined: 06 Dec 2004
Posts: 1367
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| Posted: Mon Mar 28, 2005 9:03 pm Post subject: |
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| fantasyfootballbono wrote: |
Considering that I paid $650 for my copy on ComicLink last year, ME TOO. |
Thank you! I feel MUCH better. BTW, I'd take 600 for mine. Or about 80% off in Chucky-math.  |
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fantasyfootballbono
Secret Basement Comic Store Owner
Joined: 12 Dec 2004
Posts: 724
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| Posted: Mon Mar 28, 2005 9:16 pm Post subject: |
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| Davenport wrote: |
| fantasyfootballbono wrote: |
| Zipper68 wrote: |
| fantasyfootballbono wrote: |
| Daniel should pay Tracey Heft to let him hang out in his studio for a week to learn how restoration is performed and detected. |
You mentioned something about this last week and I thought it was a superb idea.
Another option would be to pay Tracey to come to the PGX facility to give a 3 day hands on seminar to all the PGX people.
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That would be a lot more cost-effective, but probably not nearly as useful as spending a week in his studio watching him in action. Just MHO. |
Great idea all around. The only negative spin I can think of is some Snooty-types ranting "Yeah, why did they NEED a restoration education?" or similar nonsense.
Another thing great about the idea, besides the learning aspects: Much of hobby politics seems to be about the name drop, and study with Tracey Heft would give PGX a "known" name to toss around. Maybe have some pics on their website of the time spent together. |
Steve Borock spent a week studying with Matt Wilson of Fantasy Masterpieces in Matt's studio before starting CGC to learn more about restoration. Who cares when they do it? If people talk, people talk. What's the worst thing that could happen? PGX gets more publicity for having specific training in restoration with one of the top guys in the industry? I can think of worse publicity to have. |
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bullseye
Sidekick
Joined: 24 Mar 2005
Posts: 261
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| Posted: Mon Mar 28, 2005 10:29 pm Post subject: |
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absolutely, it would make alot of people more comfortable sending their books in, and takes one of the few anti pgx arguments away
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Looking to learn slight resto techniques, nothing major... |
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Daniel @ PGX
PGX Senior Grader
Joined: 20 Dec 2004
Posts: 231
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| Posted: Tue Mar 29, 2005 1:24 am Post subject: |
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| fantasyfootballbono wrote: |
| Zipper68 wrote: |
| bsan1827 wrote: |
| If all you want to do is flip them, PGX looks like a good buy because their prices are gaining on CGC's. The longer they are around, especially with the better holder design, the stronger they'll probably show. |
There is no doubt that PGX is gaining market acceptance. There is probably still some lingering fears regarding restoration detection, but once PGX get's over that hump, I think their business will explode. |
I agree. I was thinking this weekend about the restoration issue and came up with something that could be a solution. Daniel should pay Tracey Heft to let him hang out in his studio for a week to learn how restoration is performed and detected. Tracey is a well-regarded, recognized restoration professional, Daniel isn't in competition with Tracey, and Tracey is not in bed with CGC. Even if it cost $1,000-$3,000 to pay Tracey for allowing Daniel to learn stuff from him and to cover airfare and hotels for the week or so that Daniel is there (all of which should be a deductible business expense anyway), the payoff from being able to show and advertise some REAL restoration detection training would be HUGE. I think it would more or less put that issue to bed going forward, don't you guys? If Chris Friesen can train Paul Litch to detect restoration, why can't Tracey Heft train Daniel Patterson?
Maybe you should call Tracey, Daniel? If you do call him, just be up front about who you are and what you are trying to do. Make clear the fact that you're not in competition with him, that you hold him in high esteem, and that if there are any cross-marketing opportunities to be had between your companies, this could form a foundation for later referral business, etc.
If he'd be willing, you should be the one to go -- and take copious notes along the way. Don't send your resto guy to do it because if he decided to leave the company later, your investment would be wasted. You could always compare notes with your guy on your own after you finish up with Tracey to make sure that he learns all the things that you learn from Tracey. |
I am glad I was sent an email as I had totally overlooked this thread. 
Tracy and myself are well aware of each other and he is the person we send people to when they are asking about who to go to concerning restoration.
I will definitely look into this opportunity and will see if Tracy would be open to something like you suggested. Our restoration professional has spoken to Tracy on numerous occasions over the years and speaks very highly of him.
You guys and all your suggestions and feedback are great for PGX.
I hope that doesn't read like I'm sucking up, just being honest. 
Daniel |
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Daniel @ PGX
PGX Senior Grader
Joined: 20 Dec 2004
Posts: 231
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| Posted: Tue Mar 29, 2005 2:06 am Post subject: |
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| fantasyfootballbono wrote: |
| Davenport wrote: |
| aman619 wrote: |
anyway - - Do PGXs really sell at a such high discount compared to CGC? And are they really TOUGHER graders than CGC, yielding a seconday bonus effect? |
Interesting question. Too bad GPA don't track both. I did a "completed" eBay search to find direct comparisons. The two I found are fairly tight:
Daredevil 168 CGC 9.4 $230/ PGX 9.4 $235
(Comiclink) X-Men 1 CGC 8.0 $4975 / (eBay)PGX 8.0 $4300
Of course that $675 difference in the X-Men 1 is a nice little "keep in your pocket" number, if both books are comparable. Certainly nothing to pass on if you're looking to buy. IMHO, anyway. |
Let's do a few more (showing most recent sales for each):
Amazing Spider-Man #50: PGX 8.5 = $400 BIN (dumb move to make it a BIN auction) / CGC 8.5 $460.00
Avengers #1: PGX 2.0 = $240 BIN / CGC 2.0 = $285.88
Fantastic Four #9: PGX 6.0 = $250 BIN / CGC 6.0 = $285.22
Flash #105: PGX 3.0 = $325 / CGC 3.0 = $380
Journey Into Mystery #62: PGX 4.5 = $202.50 / CGC 5.0 in June 2004 = $102
Journey Into Mystery #105: PGX 9.0 = $229.50 / CGC 9.0 $224.50
Justice League of America #1: PGX 2.0 = $248.50 / CGC 2.5 $243.50
Weird War Tales #1: PGX 9.0 = $237.50 / CGC 9.0 = $210
X-Men #101: PGX 9.0 = $227.50 / CGC 9.0 = $169.99
These were just the most recent PGX results grabbed off of Ebay. I wasn't being particularly selective either. Of the nine books, FIVE of them had higher realized prices for the PGX copies, and three of the ones where CGC had a higher result was because someone hit the BIN on the PGX book -- which means that it could have gone higher.
Pretty good results for the PGX books when you consider cheaper slab costs and much faster turnaround times! |
That is great to read, wish I had time to keep track of how PGX books are selling. This is what its about for many of our customers and we will continue to concentrate on increasing the real and the perceived value of our service.
One of the things that will push the value of our service and books graded by PGX up further as more people realize the truth, is our inner holder design.
The example below is a book that has been sent back in to be reholdered.
It takes a lot to crack the PGX outer holder and this one has been SHATTERED!!! 
How awful some might say, that poor book is no longer a 9.2 , but not true. The book is not damaged in the slightest. 
Sure, this is not a very valueable book, but say a NM copy of Amazing Spider-Man #1 had been inside that holder.
No worries man, be happy! Your book is in the PGX holder and everything is Otay! 
And this is no isolated incident, we have heard from about a dozen people over the last 8-10 months stating that they had received a PGX book they had bought or even ones that we had shipped to them and the holder was cracked or shattered. Never something we like to hear but what follows that statement is the same everytime 'but the book wasn't damaged at all'. Most weren't even concerned that the holder had been damaged, they were just calling to tell us that the book or books were fine and they just wanted us to know.
I am not posting this to pump ourselves up but to show that this is one of the things we care about. After our consistent and accurate grading (which can always be debated by someone), our holder is our base, and I believe our holder is something that can't be debated against successfully. We have a holder everyone can put their trust in and that is just one of the things we are trying to get everyone to see and realize is available to them.
On top of our holder, we add our turnaround times, low prices, solid customer service, personal attention to our customers, protection against any possible fraud, email confirmations, etc. etc.
Okay, maybe I am starting to ramble. Do I talk to much about PGX? I don't know if I can tell anymore. 
Daniel |
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Daniel @ PGX
PGX Senior Grader
Joined: 20 Dec 2004
Posts: 231
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| Posted: Tue Mar 29, 2005 2:50 am Post subject: |
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| Quote: |
aman619"
Im also surprised that you guys point to PGXs obscurity and lack of influence versus CGC "might and power" as an example of anything meaningful in this discussion. PGX has stated (right here this week I believe) that they do not advertise because they cant afford it! Had they been well financed to jump in and compete with CGC, we'd see different results than we have now. |
Let me 1st say, we do have the money to advertize on a large scale. I don't remember exactly what I wrote at the moment but I believe it was to the effect that we were looking for low cost methods of advertizing as we had no interest in spending $10,000 for one ad in a magazine, or looking at other rather costly advertizing.
Word-of-mouth has been our major marketing tool up until the beginning of this year. We decided that we needed to do more to get our name out there, not only to grow PGX and gain market acceptance but at the same time for our customers to benefit from more people's exposure to the value of books graded by PGX.
This is currently still a slow-building process as we have to be careful how quickly we grow. We went to three shows in the last two months, two where we had a table, one where we just walked around talking to people. We hadn't advertized that we would be at these shows and will be sure to let people know where we will be for future shows. With just those three shows submissions jumped 15% in the couple weeks following the back-to-back shows. Enough to where we had to skip LA Wondercon to maintain our quick turnaround times.
We will be adding staff and making internal changes so we can soon be closer to going full-steam ahead, but currently if we go all-out we would be swamped with submissions and we would have to implement procedures to maintain turnaround times and we do not want to have to do this yet. I can go into detail on these procedures if anyone wants me to.
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| So PGX will survive in spite of CGCs monopoly if they gain acceptance with their product. But clearly there have been as many questionable actions by PGX as CGC havent there? I can understand some people looking to them to be their Savior from CGC Hegemony - - -but it seems to me that their hopes are poorly placed on them as being any better or cleaner. |
The worst things I have heard about us is that we supposedly missed restoration on several books a YEAR AND A HALF AGO! No books that I know of have been brought forward since that time. And that we supposedly show favor to one of our customers, which is not true but somehow turned into one of the biggest conspiracies I have seen. I have read so many things that were so false and so far from the truth I have had a hard time keeping the truth straight and back then it seemed anything I said or did only made things worse. I hope that all that BS is behind us.
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| Whsy doesnt someone with $$$ finance PGX and REALLY compete with CGC? If the slabbed business is so shady, there must be a few dealers ready to own their OWN grading company, right? |
We have spoken with a few investors that are involved in the comic book industry in some fashion who have voiced their interest in investing big money into PGX. So far we have not found a big money investor that was right for us. We do not have a real need for any additional investors for what we are currently focusing on, although our wider scope plans are certainly large enough for a serious investor to have interest in.
I could see a solid investor speeding up our long-term plans and we are still open to that possiblilty.
Daniel |
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