GREY:SNIOF - Post by User
Comment by
Polebrookon Oct 15, 2015 10:51am
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Post# 24193544
RE:RE:RE:Streaming devices
RE:RE:RE:Streaming devicesHedge, priority #1 for me would be to execute the US/Canada roll out on LG and Samsung TVs to a point where it proves out that money can be made from the service. If you look at Netflix, its exactly what they did before they started expanding into other countries like the UK and Netflix had infinitely more resources at their disposal than SIO does. Simply loading up the expense side of the equation without knowing that the income will create profit that will match and exceed the expenses will simply deplete the working capital more quickly than making the existing footprint work properly IMHO. Simply put, if you expand an unprofitable enterprise into more countries, you are likely to increase the losses.