Progress Report on Socrates Project

 

This is an update of the Socrates Project. The outsourcing of front-end redesign is nearly complete. We are getting closer to release. This project has taken a lot more time than I ever thought possible. We had to replace staff who simply designed things around a database that was inefficient and not workable moving forward.

Nevertheless, no one has more of an incentive to get this out than me. I really hope to reach a point where I can begin to step back a bit.

There is really nothing out there that compares to what this system produces. It is not writing some standard report with canned wording. This is actually articulating the market from a timing, price, and global perspective. It is also not a flat model that looks at simply that one market. This system is correlating the entire globe. There is simply no Neural Net out there which can handle the number of variables and then the interaction of all such variables upon a given market. There is not only anything out there like Socrates, but there is no system that has even embarked on the type of programming required to accomplish this goal.

We have been providing the Institutional Level to clients for that is a single fee access system that did not require keeping track of what people are paying for individually. The advantage of this system to Institutions is the fact that they know there are no bias concerns and certainly no conflicts of interests where the bank putting out their analysis are actually trading against their own clients. Here they can sleep easy at night as is the case with governments. They need not worry that tucked away in paragraph three is the recommendation to overthrow a government.

For the general public, we are very close to launching. I prefer not to give a date because something comes up to create a delay.

Let’s all keep our finger-crossed. We are making serious progress.