From the "I Saved This For An Appropriate Time" File :: and, posted because of recent Posts on the Thread ..
ECF traffic has been shrinking for some time .. it's far and away dropped substantially from the heyday .. although, yesterday saw a pretty good bump in hits, obviously .. "How do your know this, Willie .. ??" I was a mod on a fairly large Forum for several years and I have a software that tracks traffic ..
So, combined with the Deeming News and Shrinking Traffic, although I don't think it's time to go into full alarm mode, it is always a good idea to at least give some thought to possible alternative scenarios if a worse case comes down at any point .. many of us have devoted substantial time over the years to get to know each other, certain bonds have been formed, etc .. I don't think any want to lose that ..
All I'm suggesting is we keep this in our minds and that moving may be, at least, a possibility .. I will also say that our little Corner of the Cyber World is one of the more active Threads left here on ECF .. and it is a Lounge Thread .. those that remember 2010 / 2011 / 2012 know just what a hotbed of activity ECF was ..
The Deeming issue, IMO, will cause Vendors to re-think their scenarios .. I'm guessing many will not deal with the hassles and will simply close shop, if the Deeming issues remain the same .. and that is likely part of the intent of the Deeming, to be honest .. although, the PV is not going to go away, there is a great likelihood it will morph into something different than what we now see .. and, it is highly likely the makers / vendors / liquid people will shrink ..
I've been a Business Man first and foremost for the better portion of my life .. and, if I were in any facet of the PV business, I would have been thinking long and hard some time ago about what direction to take .. and now, after yesterday, I would not be putting my Faith in substantial changes in the Deeming issues, but instead, would be focusing on likely moving on .. the two year window may seem generous, but it's not really .. although, well established Retailers could, very easily, take advantage of the two year window and make some coin .. and then move on ..
I don't have a crystal ball, and I am not an alarmist .. but after taking a good hard look at the documentation, should it remain essentially unchanged, it's going to be difficult for anyone without deep pockets to comply .. and even then, it's going to take time to re-coup the costs of compliance .. as well, Business Lenders are wary of loans in situations where things are still in flux, projections are uncertain, etc .. which means those that may attempt to get funding that don't have deep pockets will need a strong Financial Statement to be considered ..
If I'm reading all this wrong, feel free to rebut ..