First, a big thanks to the 40+ people who have volunteered to pay for access to one or both of our Collective2 portfolios in order to help us get this new feature off the ground. These “volunteers” will soon be invited to our first live web-based conference where we’ll discuss our current portfolio allocation strategies as well as answer any questions about the portfolios, individual companies or any other relevant investment topic. Volunteers should expect to receive an email shortly asking about a preferred time for these conferences.
Please Note: If you have already signed up to one or both of our Collective2 accounts but requested free access then at this point you will not be invited to participate in these web conferences — we are purposefully trying to keep these live meetings small and exclusive for now so that we can fine tune our approach. That said, our list of “volunteers” is still on the smallish side and so there is still some space to sign up for the Collective2 accounts (or to request a switch from free to paying status). The “special” deal for Founding Members is that we have created a graduated rate structure of $25 per portfolio for the first quarter, $15 for the second quarter, $5 for the third quarter and $0 therefore (as already mentioned you can also opt to get the portfolios for free right off the bat but then you don’t get to participate in the web conferences for now). Please also note that we will reduce the quarterly cost to just $5 per portfolio as long as we are not able to beat the performance benchmark for that portfolio — this was the case for Q1’2011 and therefore Collective2 subscribers pay just $5 when renewing during the current quarter (if you sign up now, your first billing period will be in 30 days and so if we again don’t beat the benchmark during the second quarter than your initial billing will be $5 instead of $25).
Here are the links to our Collective2 portfolios where you can sign up:
Please recognize that Collective2 is a completely separate entity from Metal Augmentor and we have no business relationship with them other than using their service to provide a real-time tracking tool to illustrate portfolio allocation and trading strategies. This is why you need to provide separate login and billing information when signing up for Collective2.
For all Founding Members out there who enjoy a free lunch as much as we do, and who are not interested in the live web conferences or other benefits we have planned for the gracious “volunteers”, you are still very welcome to sign up for one or both of our Collective2 portfolios and simply send us an email requesting free access. We’ll then adjust your quarterly billing rate down to $0 and it will remain that way forever. Meanwhile, regular subscribers of Metal Augmentor (we are gearing up to start accepting them this summer) will be paying $25 per quarter for each portfolio — we hope that more Founding Members will take advantage of this special benefit in the future.
For those who have decided to become “volunteers” already, we would like to convey our appreciation once again for your assistance. Please look for an email soon regarding the scheduling of the first web conference — this will be the first of many more “thank you’s” to come. In the meantime, you can visit the following link to review several instructional videos for Webex, the web conference system that we will be using initially: http://www.webex.com/howto/index.html. It would help in particular if potential attendees familiarize themselves with the “Attend a meeting” and “Connect to meeting audio” videos (a total of about 2 minutes long). We expect the first meeting to run about an hour depending on the number of participants and questions we receive. Going forward we’ll plan to host at least one if not several web conferences every month (some will cover special situations such as critical company news). Another idea we would like to pursue is setting up company presentations and/or Q&A sessions for Founding Members to find out more about companies in the portfolio.
From what we’ve seen so far, we’re confident that WebEx is going to be a powerful tool for communicating ideas with Founding Members and so we’re excited to soon host our first conference. For those unable to attend the meetings live, we will have an archive of the calls in a video library. Unfortunately, the one negative aspect of the live conferences at this time is that we will be unable to provide a toll-free number, but if you cannot call long distance you still have the option to participate using your computer’s speakers and microphone over the Internet. We apologize in advance for the learning curve that we’ll all have to climb before these live conferences go off without a hitch but the end result should be worth it — a new, direct method to communicate with our Founding Members that few if any other investment research services or newsletters can claim to provide.