GREY:SNIOF - Post by User
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Polebrookon Oct 05, 2015 6:21pm
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Some quotes from management about 3DGo
Some quotes from management about 3DGoWhile reviewing the Sedar announcements for the 3DGo numbers, I also saved a few quotes from management along the way: 26 April 2013 - We are very confident that this plan will continue to bear fruit in the next few quarters and that fiscal 2013-2014 will mark a turning point in terms of earnings. [still waiting for the first earnings almost two and a half years later] 27 September 2013 - The initial results, after just a few months of operation, are encouraging in terms of the [3DGo] growth in the number of subscribers and rental frequency. 28 October 2014 - We are confident that we will see a significant increase in the number of [3DGo] users and rentals starting in the third quarter, concurrently with the deployment on LGs 3DTVs, the favourable seasonality and our new targeted marketing efforts. [this clearly didn't happen] 23 January 2015 - this does not impact the achievement of our goal of 50,000 active users by the end of the fiscal year. [speaking about Visio 3D TVs no longer being available yet the 50K target was still missed despite the assurances to the contrary] 29 April 15 - Since the close of the quarter and the launch on all of LGs platforms, the majority of new users will now come from the owners of LGs 3DTVs and we are seeing a rise in recruitment and rentals. As a result, we are very positive and enthusiastic about the expansion of 3DGO!TM activities in the coming quarters. [not really reflected in the 3DGo user numbers from the May 31st qtr however]