Hey,
I am slowly starting to get back to work now, in anticipation of the swap in 10days time or so... I'm currently in Australia visiting my parents... I'll pop over to New Zealand next week for a couple days, and then towards the end of April i'll be back to spain for the foreseeable future hopefully.
I'm going to try and buy a new laptop in the next day or two, as you will not believe how difficult it is writing this update from the one I've got! Once that's sorted, i'll have no excuses not to be back to work as usual!
slosumo & lucas are doing a great job... I see they're working directly with Carlos to add more payment processors and other bits without any input from me what so ever. Which is great!
I'm still trying to catch up with Carlos and push for progress on the banking & paperwork front. But what I understand as of writing is that our relationship with PayPal is basically broken. They don't want to work with PV due to it's links with MTV. Or something like that. However, they're happy to work with us in other businesses??... But that battle is ongoing. We'll keep pushing until we negotiate some means of working together.
I believe the next step is to register Paidverts as a separate business. And see if that yields any results. But we have more payment processors coming online, and I believe there's a credit card facility about ready to install. We'll work around paypal in the mean time.
Carlos has been to Mauritius, and I beleive we have a bank account there now - however we're waiting on a 10k deposit to arrive, required to activate the account or something... I do not know any details regarding the account just yet - but hopefully it won't be long until we have a banking option again!
* PayPal is also releasing our $1.2m there over the next 6months -- so we need a working bank option to receive that!
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Meanwhile, business as usual!
The swap is coming in the next 10days or so. We'll see how that goes.
And I think my main focus in the coming weeks will be to continue designing that new members area template to take the business model to the next level -- focusing on account verification stuff (required for credit cards & regulatory red tape) ... and to bring the programming queue on-site, get user ideas rolling + rewarded. And to create the product ownership marketplace. Enabling users to buy & sell stakes in individual portfolio products ...
Basically I'm working to "complete the MTV business model" ... make this a true crowd machine / platform. That processes both investments, and your ideas. And links the two directly with the people who will build / make it reality! With the appropriate accounting & legal nonsense built into the platform; to turn that into a fixed process.
Once the platform is "complete", then we'll focus entirely on products! But right now, that's not really my concern -- I want to complete the foundations, then the entire crowd can figure out how to actually make money!