RE:RE:RE:NeuLion Q4 2017The way NLN has been playing its card, to me, it appears, is that they felt that the american market was too competitive and risky, and therefore sought to *diversify* through other regions. The idea is sound, but is its merit based on growth and world domination? Or is it not simply based on a lack of confidence in one's product?
That revenue goes down as sales supposedly go up, and as new contracts tackle on... is so very questionable.
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I just spoke with mgmt over the phone. It was kept brief as obviously we'll know more tomorrow morning, but supposedly, revenues overall on the Neulion Platform are up 14% over Q4 2015, if we account for the NHL loss. Certain contracts signed most recently don't translate into revenue as of yet. Some contracts (as recently as Oct) and on won't actually be reflected before July. Their focus really now seems to be on any market outside of North America. Assuming this is a sound idea, then that means revenue will come, but is currently delayed.
No comment could be made on MLS, yet.
I'd be really curious to know what talks, if any, were had with MLB, Disney, Amazon. There's no way NLN is left on its own here. There's much that mgmt is not disclosing, which would help immensely in investors deciding if NLN is still worth investing into.
I'll personally possibly seek to re-enter at a lower SP, much like I had done after the whole NHL situation in 2015. I'm just very unsure for now. I'd agree with a *hold* for those still invested.