The Dean Voices His Opinion on $VOIS
November 11th, 2009 at 8:38 am Posted by The Dean
As the CollegeStock Community learned through The Dean’s iBranding Series, The Dean’s a big fan of brands that utilize the technological advancements and resources available on the internet today.
VOIS, Inc. (OTC: VOIS) is a development stage company that produces and markets social networking utilities, using their website as a base to build a potential e-commerce goldmine. $VOIS offers online user-generated applications through their website which allows direct interaction between buyers and sellers worldwide.
The Dean is no stranger to utilizing social networking sites and applications and likes companies involved in increasing their clients bottom lines through the internet—updates, email marketing, chat rooms, newsletters and discussion threads.
The Dean has mentioned in the past that many businesses fail to recognize the importance of building a community that their followers, clients and paying members can trust. But The Dean thinks you might already know that because just by reading this blog post you’ve participated as a member of the CollegeStock Community.
$VOIS naturally appeals to The Dean and his web 2.0 sensibilities but has also caught The Dean’s eye because it moved from $0.0065 to $0.02 on Friday—an increase of 208%.
Monday, $VOIS announced plans to introduce its Apple (NASDAQ: AAPL) iPhone application during First Quarter of 2010.
The Dean believes this development, which allows $VOIS community members to post projects, make bids and socialize, could be the first of many.
Now that IceWEB has 39% of VOIS, they’ll need to sell those shares into the float to pay for all those VOIS hosting costs. With nearly a Billion Shares outstanding, VOIS will need an awful lot of volume go anywhere. Even with IceWEB’s help, an insider just had to cash out another 17% of outstanding shares just to keep the lights on.
VOIS has had years to attract better venture capitalists, yet has failed to do so because nothing they are doing is patentable – they are essentially combining their own flavor of ebay, linkedin, and gotomypc into a single resource.
Nobody has made a profit on a single social network sight – they are all over valued simply because so many use them – yet nobody yet knows how to profit from them. VOIS however, has a quantifiable revenue generating model like ebaY – it charges a commission when a deal is done, or a premium service is used. – that means until deal making there grows exponentially, will VOIS’s stock ever amount to anything.