Hey guys
Firstly, sincere apologies for the lack of communication from my side. Albeit the investment in our ventures are minimal on the AE, it is by no means justified to leave stake/shareholders wondering what in the world is going on and am completely at fault for not communicating more often. I could try justifying that I've been busy building the business but it doesn't take long to come on here and update you guys. I failed at prioritizing communication like I once used to and am at fault for the same. I apologise and shall ensure it isn't repeated.
In case you are wondering why dividends haven't been sent and why my presence has been erratic it's because the last month has been terrible for us. We had our first month of downward trend in terms of growth since our inception and this occurred due to reasons we had not anticipated at all. While our systems were tuned for scale, we didn't expect to be constantly under a DDOS attack that would take our infrastructure down for long. Starting early in September to around the third week we were subject to a series of attacks that forced us to keep the site down for long. For those who have been in the server industry, you might know what a down time would mean to an end user. It resulted in a nightmare from which we are slowly recovering. My co-founder had to fly across states working directly with data centers to host our servers and eventually got the platform on live.
As we reach new heights we understand we will be subject to more attacks but this came completely unexpected and we incurred a lot more expenses bringing systems back on and live - resulting our first month in losses.
Added to this was a bad case of dengue that almost got me and my co-founder having to deal with personal issues leaving us little space to have a come back within the said time.
Having that said, we haven't been lazing out. We have constantly been in the works behind the scenes to strengthen our reach as a marketing tool and expanding our horizons through varying partnerships. We continue to believe in synergies and work along with organizations like lyth, nxthaus, tvf and a series of other Ventures where we find a fit for ourselves.
Regarding dividends.
Although we have taken losses in the past month, I have been working on an advertising deal that is about to wrap up soon. I will combine the two months profits and send it through by the end of the month.
For anyone concerned, you are free to ping me anytime and discuss our business model and conduct queries. We are also open to verifications from trusted bodies here like Nxti wherever relevant.
We have been in the works in regards to creating a gaming economy and we are slowly reaching closer to that goal.
I will be posting updates regarding the gambling venture later tonight post a few meetings.
Am on Skype and slack in case you'd like to talk business and catch up on our inner workings.
Regards
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