ARHT Media Inc V.ART

RE:What is Necessary?

[WinterBaron]

ARHT Signs Its First Multi Country Holographic Display Contract with a Leading Global Luxury Brand

Richard Carl's appointment and the January share transactions by insiders coincide with the announcement regarding a "Global Luxury Brand??" contract. (see below)

I am at a loss to determine what the near and medium term businesss plans, let alone a long term one, look like to achieve sufficient revenues and profits to sustain ARHT.
However, it appears that at least some of those who are part of or close to the executive group do have confidence.
Either that or they are accepting various share arrangements in lieu of salaries which I doubt. 

I wrote IR (Kristen Spence and Larry O'Reilly) yesterday in an effort to encourage some clarification to shareholders about the company vision, business plan, Richard Carl BoD chair appointment etc., but have not as yet received a reply.

On balance, I guess I read the recent developments as being positive, despite the very poor market response to the company.

If all goes well we should see details about "something?" in the coming days and positives will rise from what currently appears to be a "Burning Phoenix"



GlobeNewswireJan 15, 2024 8:30 AM EST

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- ARHT Media Inc. ("ARHT" or "the Company") (TSXV: ART), (OTCQB: ARHTF) the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, is pleased to announce that a global luxury retail brand has contracted to install ARHT Capsule hologram displays in five country headquarters on three different continents.