Title is important after all
This very short song, in its early stages, seems to have an good hold on where it wants to go but could do with better execution.
Melodically, this song is fairly simple, but I actually think that works quite well with what you've done totally so far. Nothing wrong with the rhythm either, it isn't so simple that it's robotic, but actually has some push to it (until it reached the bridge, where it grinded nearly to a stop like it was approaching a speed bump).
The mixing is mediocre, and the steel stringed guitar sounds very artificial. You have to be careful with that, especially when repeating notes after another. I think it's weird that after playing one note on one string, it rings even after the same note on the same string is plucked again.
Musical ideas are expressed, and executed simply, though the bridge destroyed a lot of what the song had going for it
The song is so short, yet you repeat an idea twice, with some arbitrary sounding "bridge" plopped there in the middle. It doesn't transition at all, and the movements are non-existent in between the two ideas. It doesn't help explain the idea either, which is not doing anything good for the song.
This brings me to the problem of layering: there's not a lot of it. You have some random percussive bass instrument that is too unclear and muddy to listen to with another instrument and a solo guitar which doesn't bring enough depth to the sound.
If you want the song to be really simplistic bring the bass volume down and make it very clear to listen to, so you could hear the two instruments by themselves if you tried to. Otherwise, it needs more layering and more instruments, and building complexity.
My last issue was that most of the song stays in the same octave (which was bold, but didn't work), and there wasn't any dynamic shift.
I know you mentioned how "rough or incomplete" this is, but a little review couldn't hurt anyone.
PS: The title is silly and should be changed to something more creative.
IAmYossarian 
