All fair points, backed up with data, facts are facts.
The First Amendment allows for "excepted speech", not "accepted speech"...or am I missing something?
Frank, as usual, you have bad information.
Earlier in 2019 we raised capital at a common stock valuation of $10 million, In Q2, 2019, our revenues were $2.53 million up 71% versus Q1 2019. So far in 2019, we have also completed 2 important strategic acquisitions, BitMitigate.com and Sibyl Systems Ltd. The integrations for both are going very well.
The economics of a Forever.com are obvious. For $399, there is ample funding based on an 8% cost of capital at a .COM price of $19 or lower to fund the domain into perpetuity with a 10 years paid at the registry at all times. I will spare you the detail but you can be sure that we ran the numbers.
Yes, Frank, it requires math to underwrite math. Insurance companies do it every day. We are underwriting a known tiny risk that domains beyond 10 years from now will not become insanely expensive. You can read the detailed terms here:
https://www.epik.com/forever.php
Or buy one here:
https://www.epik.com/forever/
And if you could do it for Frank.com you might just do it, knowing that if you have a heart attack tomorrow, your family won't forget to renew your domain name. We also offer FOREVER HOSTING where you can post content forever, e.g. personal time capsules, etc.
Just because you did not conceive an idea yourself does not mean it is not clever, worthwhile, viable, and sustainable. This is one of those cases, but like the idea of a Creator of the Universe, sometimes you have to suspend disbelief, and have a tiny modicum of faith.
I expect we'll raise another $2 million shortly from value-added strategic investors, and that will likely be the last capital we ever raise as a private company. For calibration, I am ~75% owner of the company following recent capital raises and 2 tuck-in tech acquisitions.
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When are you taking Epik public?Frank, as usual, you have bad information.
Earlier in 2019 we raised capital at a common stock valuation of $10 million, In Q2, 2019, our revenues were $2.53 million up 71% versus Q1 2019. So far in 2019, we have also completed 2 important strategic acquisitions, BitMitigate.com and Sibyl Systems Ltd. The integrations for both are going very well.
The economics of a Forever.com are obvious. For $399, there is ample funding based on an 8% cost of capital at a .COM price of $19 or lower to fund the domain into perpetuity with a 10 years paid at the registry at all times. I will spare you the detail but you can be sure that we ran the numbers.
Yes, Frank, it requires math to underwrite math. Insurance companies do it every day. We are underwriting a known tiny risk that domains beyond 10 years from now will not become insanely expensive. You can read the detailed terms here:
https://www.epik.com/forever.php
Or buy one here:
https://www.epik.com/forever/
And if you could do it for Frank.com you might just do it, knowing that if you have a heart attack tomorrow, your family won't forget to renew your domain name. We also offer FOREVER HOSTING where you can post content forever, e.g. personal time capsules, etc.
Just because you did not conceive an idea yourself does not mean it is not clever, worthwhile, viable, and sustainable. This is one of those cases, but like the idea of a Creator of the Universe, sometimes you have to suspend disbelief, and have a tiny modicum of faith.
I expect we'll raise another $2 million shortly from value-added strategic investors, and that will likely be the last capital we ever raise as a private company. For calibration, I am ~75% owner of the company following recent capital raises and 2 tuck-in tech acquisitions.
That's our Frank -- always digging deep to get to the bottom of the story.
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