Hi Dave - As always, i appreciate the opportunity to have a thoughtful conversation about the enigmatic DXIO. Seems we have two, in broad terms, competing theories. One is that DXIO is evolving and adjusting with some finally "ready for prime time" system about to be released, well soon, well maybe not that soon, but eventually . . . The other that DXIO is a scam with a now familiar MO: Keep promising "the next big thing" is in the works or just about ready to keep the troops in line, but then failing to deliver and continuing to string along participants with more promises and new diversions.
Lucky for us, we have an experiment unfolding before our eyes - a flurry of announcements of new and/or improved services about to be unleashed. First, a few rhetorical questions, then an observation about the coming services.
What about the DXGrand Hotel? Am I the only one who finds its omission from the list of announcements perplexing?
What about the PDA?
What about DXTraveller?
What about the secure card for use at ATMs and POS?
OK, you see where I'm going with this. If I am right, then three or four months from now we'll be wondering what happened to DXShopping, DXCafes, and of course the ever being finalized but never quite ready for occupancy DXGrand hotel, etc. I'm not in any hurry to win any argument about this. I'm happy to sit back and watch what unfolds. If I'm wrong, I'll wish I had proceeded differently. Of course, in spite of my efforts to liquidate my account, my portfolio is still going to be in OA for about five more weeks thanks to the next payment being made from RB in about a week or so. Still time to salvage the ol' DXPortfolio
DX is a company that in the past has taken money and applications for services that weren't in fact ready for use: DXTraveller, DXGrand Hotel. So, the fact that they are announcing new services still coming but mostly not yet here is not a sure indication that they are ready to deliver new services.
Global Payment Console: This is one thing they've got that I agree really has some merit. However, it is not new, although they continue to develop it.
DXDaily is not new, I don't think. My understanding is that it is a revival of an old service. In any case, it's no big deal to send people an ezine with some links to news stories of interest and classified ads. I subscribe to a couple such things already. Another DXCopyCat service. It's something, but it's not a big deal.
Any DXclusive participants wanna clue us in about DXShopping?
DXSynergy. OK, they're gonna make it easy to market your stuff throughout the DX system. Will anyone who isn't already committed to DXIO even be interested at this point?
DXGlobal Company: Big Deal.There are already a bunch of folks out there to help you set up an IBC, and they will even tell you who they are. For crying out loud, do not, I mean, please, do not get involved in setting up offshore financial structures with people who don't even tell you who they are. And by all means, get expert legal advice from attorneys who know and understand offshore financial matters. Frankly, this just seems to me to be a way to get DXMerchants to cough up another $950.
DXCafes: Lookout Starbucks. I'm sorry, I just can't even begin to take this one seriously.
Overall, it's a lot of news with little substance. Following are, I think, the most important parts of the announcements.
Same old future tense BS as far as I can tell. The only thing they claim is actually available is the payment console upgrade. Frankly, I think it's way too soon for the "I told you so's" from the cheerleader camp. But I promise to hang around and listen to my share of them if and when the time comes.
I'm willing to wait and see. If time and DXIO prove me wrong, I'll say I was wrong. My prediction is that the services that do materialize really will not be that big a deal, and the services that are a big deal will not materialize.
I'm still finalizing my arguments and preparing their final release in the near future. I hope I've been of assistance.