Sunday, November 22, 2009

Change?

Yes we can!

1. Is it really possible to change the status quo of fraud and low expectations in the OTC marketplace?
2. Is it really necessary to change the status quo of fraud and caveat emptor, and "that's the way it is" in the OTC marketplace?

My answer is YES! and to all the people who say otherwise, or "why bother?" I say (or quote) the following...

*OVER THE COUNTER, ABOVE BOARD: Fraud, especially in a public market like the OTC capital market is not just an innocent, zero sum game of dumb suckers who "deserve" to lose their money to more sophisticated, smarter people who know the game.. what fraud really does in this case is supply start up capital inefficiently to reward chicanery more than innovation. And we are not talking small numbers either... I believe that countless new companies, solutions, jobs, etc are lost pointlessly and there is finally something that everyone can do to change this fact. I will prove it:)
* Hugh Macleod, How To Be Creative: 5, 08-22-04 Nobody can tell you if what you're doing is good, meaningful or worthwhile. The more compelling the path, the more lonely it is.
* UNKNOWN nothing worthwhile is easy
* UNKNOWN If you keep doing what you’ve always done, you’ll keep getting what you’ve always gotten
* -Confucius "the journey of a thousand miles starts with a single step"
* Walter Sobchak: Smokey, this is not 'Nam. This is bowling. There are rules.
* Walter Sobchak: [shouting] Has the whole world gone crazy? Am I the only one around here who gives a shit about the rules? Mark it zero!
* the starfish story There was once a wise old man who used to go to the ocean to do his writing. One day as he walked along
the shore, he looked down the beach and saw a human figure moving like a dancer. As he got closer, he saw
that it was a young man, and the young man wasn’t dancing, but instead was reaching down to the shore,
picking up starfish, and very gently throwing them into the ocean.
“Good morning! What are you doing?” asked the wise man. The young man paused, looked up, and replied,
“Throwing starfish into the ocean. The sun is rising, and the tide is out. And if I don’t throw them in, they’ll
die.”
“But, young man, don’t you realize that there are miles of beach and thousands of starfish all along it? You
can’t possibly make a difference!”
The young man, listening politely, bent down and picked up another starfish, throwing it into the sea past the
breaking waves. Turning to the old man, he modestly replied,
“It made a difference for that one.”

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.