RE:RE:AnotherBrendo,always IMO, SIO releases targets either numeric or timeline ones and almost never seems to meet them.
There are always excuses, having said that, most of the time they are from over promising and under delivering due to having to relay on outside subcontracting parties that don`t have the pressure that SIO has by doing the over promising without taking into consideration negative factors that could set the target back, we are too small and inexperienced to tackle many things, something that very few people seem to see.
WE always find out after the fact,which makes it even worse,but always without a mea culpa from Routhwiller.
We are big on PRs, partnerships,we travel in big circles but none of those things brings us any revenues.
We have had close potential calls so many times and then puff,try something else.
Last July 2014 we signed LG, again over promising on the launches both USA and Canadian,13 countries Internationally that have to be named yet, 50.000 active members by Fiscal May 31 and 100.000 for year end 2015, so far way over promised with very little guilt.
Now we have a savior of a Format, Samsung and a couple of names for International launch,but that wont take place till the early Fall at best,with any revenues 1 or 2 quarters later and according to the CC no new deals from Wilan till sometime 2016.
The basket is full, it hasn`t looked this good ever, but there`s no short term revenue except for whatever LG can pull out of 3DGo.
The 50.000 number was given by Routhwiller and the 100.000 by RG,none denied and used as a base.
I think it`s a rather small base but a start none the less, the screw up on the launches set it back at least for the first one but if we take the potential exposed to us it could turn out ok or so we hope again.
We need way more subscribers renting more films, there`s a big difference between revenues and profit.
We do have a good 3DGo Library,all the other pieces to the puzzle are there to be put together,execution is King and I don`t think we have the right man at the helm,I said it before and I say it now and I`ll say tomorrow and everyday after, he did his job it`s time to step aside,I thought the Caisse would have done it last AGM,but........
Things look good,as I said before I think a buyout will be the only way for SIO, with the Routhwiller and the lack of deep pockets it would be a long haul to conquer whatever we want to conquer,but in order to be taken seriously we have to put the house in order first.
Cheers.