RE:RE:RE:Some Rough Math - Looking Bad....Atomicboy:
This being a discussion group here are my two cents, you are right your math is rough and I see some things different, always with due respect and IMHO.
I squacked about it ,but it was said that LG did not actually had a 100% launch till the end of March, one month into Q4 or end of year, March-April-May.
Q1 being the slowest season nothing much happened there, that covers June-July-August.
You mention that Samsung Smart 3D TV launch has failed,How?.
Samsung was launched on September 29th, one month into Q2, that means that when Routhier talked on October 28th they had only been around 4 weeks not enough time to get any traction.
So it will be safe to assume that there were no soft or hard numbers on it at the time (besides we all know Routhier talks from his arrse when cornered).
Q2,September-October-November we will not get the Financials till the end of January, meaning we may get conflicting Samsung numbers for the first time, if we take time for traction we may get four to six weeks of real Samsung numbers, hardly a failure yet, a possible one maybe but we will not know anything yet till the end of January.
So the real story will be told with Q2 Sept-Oct-Nov and Q3 Dec-Jan-Feb Financials ( I imagine they`ll report them still )..
If the numbers are not there and there has not been an Intnl Launch or any streaming devices around we are toast for sure.
But if Deloitte sees a great improvement and we have not sold the rest of the patents we`ll get our ninth life.
I don`t read the Motion and orders the way you do.
The Company will not be sold as a package for the simple reason that the LOI was only for a few patents with provisions to sell some more if needed leading to a final sale of everything else if no other alternative.
I would not get to excited with Alexa at this time of the year.
The same goes for Stockhouse, participation and reads drop tremendously, and as far as just multiplying the movie rentals by two or three fold on an Intnl Launch when and if it happens, if Europe is more hungry than Canada-USA it may throw the numbers way off.
I would not worry about another Studio,the last one by the way, we have enough content for a long time still.
As far as the two employees and the LOI contents and cash flows estimates being sealed, as I mentioned they tell the whole story and we don`t know.
So we are in bad shape but I would not say dead yet, remember it`s not over till the fat lady sings.
Cheers.