By using this site, you agree to our Privacy Policy and our Terms of Use. Close
OceanJ on 09 January 2013
Edit Thread
OceanJ said:

I sure hope so will all those gains they are having with exchange rates in their favour. They claimed they would be profitable by fiscal year with 73 million at exchange rates of 80 US and 100 EUR. If it is not, I'm calling bad management and I will get a lawyer (no joke).

First Reggie claims that it only takes 1 game to be sold for a profitable equation - not true, misleading investors, against the law.

Poor Marketing on both US and EUR fronts


Well unfortunately as Nintendo investors in America if you've purchased their NTDOY ADR's, there is little recourse as the stock is traded on the Pink sheets. Nintendo is so insular and independent they can't even bother to answer to the SEC.  The SEC's regulation of the Pink Sheets is minimal and Pink Sheet companies - typically Penny Stocks, carry great risk because of it.  So I don't know what a lawyer would be able to do in this case.

But what Reggie said is definitely material to the value of Nintendo shares, and negatively impacted shareholders.

It would be relatively cheap for Nintendo to trade on one of the major exchanges, and the choice to not do so - is a very interesting one in and of itself.  I'd like to know what their reasoning is.

I also wanted to add that Nintendo fired their PR firm I believe in August of 2012 - that firm was called "Good Relations" out of the U.K..  I believe they depend heavily on Western PR/Marketing firms to design their advertising strategy in Europe and the U.S..  So, whoever took over the Nintendo account for Good Relations, had very little time to create Ads & Marketing for the Wii U.  And Nintendo surely didn't design the commercials we've seen so far in the West. Whoever made them clearly didn't know what they were doing.  

Hence the pure crap we've seen.  Who knows...maybe the marketing silence is due to Nintendo canning the PR Firm they hired just a few months ago...maybe they're scrambling for a new strategy behind closed doors?

The sad sad thing is, all the Commericals & Marketing strategy Nintendo needs can be found right here on VGchartz threads.  There've been more good ideas posted here than any firm could come up with.  It would just take a couple hours of Nintendo doing some reading to come up with the exactly correct marketing strategy.  But Nintendo is so closed off from listening to anyone, there's a snowball's chance in hell of them condescending to listen to their fans, gamers, or investors.