2021 1-K Filed – Annual Report

By: Robert Grosshandler | May 02, 2022

We’ve published our 2021 year-end financial statements – our SEC mandated 1-K. In the traditional public company world (if we were a “fully-reporting” company), this filing would be called a 10-K. The important difference between the two is the depth that we’re required to go into creating the statements, plus the level of audit required. … Continue reading 2021 1-K Filed – Annual Report

What is your Why?

By: Robert Grosshandler | February 10, 2022

Sure, you can use a competitor to get cash back.  But that has no magic, no opportunity for an exponential return.  Even if you turn around and invest that cash back into Microsoft stock.  Microsoft’s stock price may go up (or down), but it’s unlikely to double, triple, or go up 400% in the near future.  Or even the far future.  It’s way too big for that to happen. The beauty of a start-up lies in the potential of exponentiality.

Amazon vs. Walmart

By: Robert Grosshandler | December 09, 2021

As you’ve probably noticed, Amazon is no longer paying us commissions when you shop there. We had been growing that revenue stream quite nicely, and my guess is that they decided they didn’t need us any longer. I’m very disappointed, but wasn’t surprised, since they aren’t doing business with folks like Rakuten anymore, either. It’ll … Continue reading Amazon vs. Walmart

CEO Letter – Opportunity Knocks

By: Robert Grosshandler | September 29, 2021

I’m pleased to convey that, provisionally, our September cash gross profit (revenue minus the cash cost of revenue) looks to be 13X last September’s number.

CEO Letter – Form 1-SA 9/19/21

By: Robert Grosshandler | September 20, 2021

Our Form 1-SA was filed with the SEC on Friday. It’s our financial recap of the first six months of 2021. In this posting I get to go into more detail about what we’ve experienced, why we’ve experienced it, and some thoughts on the balance of the year. All with a focus on cash.

Amazon & Membership August Results

By: Robert Grosshandler | September 03, 2021

I’m quite pleased with Amazon this month (it’s one of our canaries in our coal mine – a leading indicator). As always, these numbers are preliminary, subject to change without notice, and may be a misguided leading indicator. (Sometimes it’s just the canary’s time to go.)

I want to tell my friends and family …

By: Robert Grosshandler | August 26, 2021

Good things are happening. Some of them are easy to see publicly (our new member count, for instance). Some will become apparent when we issue our semi-annual financials next month. Some you can interpolate from watching how many shares are being earned.

Amazon & Membership July Results

By: Robert Grosshandler | August 13, 2021

Each month we’ve been sharing our Amazon results because how we’re doing at Amazon gives us, and you, insights that we think are valuable. This month, we’re adding our membership growth results for additional insights. This post also has an ulterior motive beyond knowledge and insights. It also gives us a chance to nudge you … Continue reading Amazon & Membership July Results

Letter from a Shareholder about Amazon

By: Robert Grosshandler | October 20, 2019

Last week we sent out a newsletter to our Educational list that talked about how we work with Amazon. We had a member have a negative reaction to it and he (Tom W.) wrote me a nicely written, considered email. He likened our highlighting Amazon (and our efforts to get people to use it, even … Continue reading Letter from a Shareholder about Amazon

Staying human – a request

By: Robert Grosshandler | August 15, 2019

If we get too big for our britches, call us on it. You own the company. Don’t accept second rate service.