RE:NumbersBigo, we`ll have to wait for the next Financials and see the revenues.
There will be excuses as to seasonal obstacles and then we`ll go to the next Financials.
I found the number of subscribers very low, but that`s not even the half of the equation.
We know of the Promo and probably there will be another one and that will limit the revenues.
The 50.000 was given by Routhier and the 100.000 by Ralph,don`t have a clue how they arrived to that but that was the template.
Your 30% is on the high side but we can use it for example.
The main thing is how many movies each subscriber will rent, the 29.380 gives us an idea of members now we need an idea of revenues and unless they have another update we`ll have to wait.
So till we have better numbers from LG`s rentals we can only guess, I mentioned before that we need a heck of a lot more than 100.000 subscribers renting at least six-eight movies a year to make a dent on the 3DGo investment.
As you mentioned we have the yearly renewals from the Studios,any more content addition and all the expenses associated with it.
NOW, I reread the PR and listened to Bruce`s talk and NONE mentioned the International Launch, this was a 3DGo Update and SHOULD have been mentioned.
The word North America was mentioned 12 times and Display Search a couple.
Is there a meaning to that ??.
If not it`s a big "we forgot to mention".
On the PR Routhwiller mentioned of achieving the target of 50.000 on the first quarter as planned, but it was planned for Q4 or YE May 31st.
There was nothing on the Format, movies being reencoded or Samsung Platforms if any.
If Samsung is anything like the LG launch that will setback the revenues from, meaning we`ll still be a one horse race for a while longer and always hoping that Samsung will be what we expect.
So there Bruce was right in the 12-18 months, which brings me back to last September when he said to keep an eye on the next 6-9 months,I did nothing much happened.
Also on Bruce (even though we closed 0.005 higher) it was the first time that the SP was lower after his talk, we were trading higher before 1 pm.
Netflix is going to split 7 to 1 but I still don`t see what he sees ,I hope I`m wrong.
So the PR except for the ray of hope in some Marketing did not do much for me, more projections and the missing of the International Launch (one of the biggest caralysts for the 3DGo future).
Lots of us have been riding this horse for 5.5 years and if not for averaging down wenwould be in deep snow by now,so another 12 to 18 months may seem like nothing to the late comers but could be two more Vegas Shows, with all the Holidays and Black Sale days associated.
Still lots in the basket, like always execution has to be flawless and everything has to fit like a puzzle.
After all these years we are lucky we have no competitors.
Three years since we signed Hisense-TCL to our most promising deal,try to conquer China the most 3D promi in the World, whar really happened there?.
So here we are again, not even the combination of Bruce-PR lifted our spirits or SP.
I guess I`ll go back to talk to BG at the dock, they are calling for a nice week here at the cottage.
Cheers,