YANGAROO Inc YOOIF

Primary Symbol: V.YOO

Communication Services

YANGAROO Inc. is a Canada-based software company in media asset workflow and distribution solutions for the advertising, music, and awards industries. The Company provides advertising, entertainment and awards management software workflow solutions to customers across multiple geographic regions. The Company's patented Digital Media Distribution System is a secure, cloud-based business-to-business solution that offers production services, traffic management, clearance, delivery, analytics, and secure API integration, addressing various video and audio workflow challenges in the industry. It provides production, and tape and hard disk drive (HDD) services. Its production services include closed captioning and subtitling, audio description, tagging, versioning and conversions. Its tape and HDD services include storage and archive, preservation, digitalization and mastering, authoring and duplication. The Company has operations in Canada and the United States.

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YANGAROO Inc > Q1 predictions

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Comment by NickMTL1978on Jun 01, 2021 9:27am

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Q1 predictions

While the reduced revenues are disappointing, YOO still made a profit. We must be grateful to the feds and the subsidy program. I believe that the next quarter (Ending June 2021) will also be helped by the subsidy program, which ends in June. After this, YOO will be on its own, but we should then see consolidated financial results from YOO and DMS.

I have been patient last 2 years without buying more shares, but it if drops back to 0.16-0.18 cents, i will certainly look at adding some more to my portfolio. I am definitely bullish since the acquisition, and the fact that YOO can raise debt from large banks makes me feel good about the next 3-5 years.

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