Happy New Year! This year has a really good chance of changing all of our lives in a positive way.
I asked our head developer to give us an update to know what we can expect and here is his reply:
There are three outstanding items that need to be completed before we can start testing:
1. Finish building the analytical program. This is being handled by Nick (our mathematician), who is writing the program in a language called Python, which is ideal for computerizing complex mathematical algorithms, such as the ones used in the Benter (aka Logit) model. Note that this program runs behind the scenes and is never directly accessed by the user; it produces an intermediate digital format that is unreadable by humans and must be interpreted by another program, like the Explorer. An initial draft should be arriving shortly, but revisions are expected in the near future as the refinement process continues.
2. Integrate the analytical program into the Explorer. In order to display the digital results, the Explorer must be modified to interface with the analytical program. However, since the Explorer is written in a language called C++, customized translation code needs to be implemented to enable the Explorer to “talk” Python with the analytical program. Once this has been completed, we can start a preliminary round of testing. Work on this will begin after the initial draft of the analytical program has been completed.
3. Improve database accuracy. This is an ongoing activity, and the one I’m concentrating on the most while waiting for the analytical program. Currently, I’m focusing on resolving the issues you (me) had pointed out earlier (eg. cycle-counts), but will soon start working on adding the missing fields, like the Owner and the race times. By the time the Explorer has been updated, the database should be in good shape to provide accurate, albeit unrefined, information.
The major part of building our betting program is complete so the above mentioned should be ready for us to test by the end of this month. The Operating Agreement will be ready the latter part of the week of the 18th and currently I am working towards adding additional investors. As expected we have a bit of interest in our venture because the program is almost complete. It is important for anyone who has money due towards their investment to send this to us by Jan 31st and anyone who wishes to invest in additional shares should let me know of your interest as soon as can even if you plan to send the investment in at a later date. And should anyone know someone who would like to invest in our venture we will let them in at your referral for the initial investment amount of 6K though this investment would have to be in hand by Jan 31st. After this date all open shares will be offered for more, 10K.
So many people have been diagnosed with Covid that the percentages said it was inevitable for each of us to know someone who has been affected. Then right before Christmas my Dad’s last living sibling, his sister (my Aunt Jeanne) who was 17 years his junior passed away from it and then last week a second cousin of mine was hospitalized and she too just passed away. Also one of us, one of our investors has Covid. His wife let me know. He isn’t hospitalized though he’s quarantined and expects to recover so hopefully this positive news about almost being ready to go will aid towards his recovery.
We’re so close. Please stay safe and well so we can enjoy when we “Let em roll at the quarter poll…” And Let’s have a Great Year!