YANGAROO Inc V.YOO

Alternate Symbol(s): YOOIF

Communication Services

YANGAROO Inc. is a technology provider in the media and entertainment industry, offering a cloud-based software platform for the management and distribution of digital media content. It provides advertising, entertainment and awards management software workflow solutions to customers across multiple geographic regions. Its Digital Media Distribution System (DMDS) platform is a patented cloud-based platform that provides customers with a centralized and fully integrated workflow directly connecting radio and television broadcasters, digital display networks, and video publishers for centralized digital asset management, delivery and promotion. DMDS is used in the advertising, music, and entertainment awards show markets. Its ancillary production services include a short-form version for direct response customers and long-form digitization. It focuses on optimizing its television traffic instruction workflow and enhancing its television legal clearance offering.

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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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