RE:RE:Much more of the same !!
Polebrook,I also listened again at the CC and he mentioned and so did Choquette that the $2.3 million were from deals signed since 2011,earlier deals? but no delas were signed before July 2012:
July 2012 we signed with Starz and National Geographic.
August 2012 we signed with Big Picture.
March 2013 we signed with Disney and Paramount.
October 2013 we signed with Universal.
We announced the launch of 3DGo with Vizio in January-2013 six months after we signed the first two deals and then we added the three Big Studios between March and October 2013.
So what time frame does this write-off really covers?.
That`s why I mentioned about being hit again with a new whack somewhere down the line,it was vague again.
He said the renewal with Disney was more in line with the rentals,what`s more in line?,it`s not their fault movies don`t get rented.
Paramount we had a deal for two years expiring next March-2015 and Universal should expire tomorrow,meaning these two deals were not taken in to the equation.
So we have a clean start for how long before we build on it again?.
The money in the Bank "should" be safe for the foreseable future, hopefully the LG-3DGo launch will spruce up the SP "how much" ?,start bringing some decent revenues and I imagine they will create another play as to cash some more warrants to top the Account up.
We are not really out of the water,the predictions have to be not only very accurate but executed to the dime, and thus the warnings from the Company and the Auditors.
Cheers