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Bullboard - Stock Discussion Forum QYOU Media Inc V.QYOU

Alternate Symbol(s):  QYOUF

QYOU Media Inc. is a Canada-based media company. The Company is specialized in networks, original shows, and influencer marketing. It operates in India and the United States. It produces and distributes content created by social media stars and digital content creators. In India, via the Company’s flagship brand, The Q, and via additional digital channels (The Q Kahaniyan, QGameX, Sadhguru TV... see more

TSXV:QYOU - Post Discussion

QYOU Media Inc > Question Re: Financing
View:
Post by Doozer on Dec 15, 2020 11:48am

Question Re: Financing

I've lightly followed this company for some time and the recent improvements to their India ratings, impressions and average time spent watching definitely caught my eye. One area that has kept me away from investing to date was their constant net losses, burning through cash, and the constant need for financing and consequent dillution of shares.  

Question for the board; does anyone have any insight into how this company will keep afloat in the short-medium term? I see that Paterson exercised 2mil of warrants @.06 back in October for 120k and the USD division was able to secure 710k of new contracts, but the balance sheet and how fast Q burns through cash is concerning.  Is an additional round or 2 of financing on the horozon for 2021? Are there other anticipated sources of revenue expected to mitigate the need for this? 

Thanks in advance for any insights.
Comment by rc12345 on Dec 15, 2020 3:36pm
You must remember covid when assessing their fins. The US side was projected to do very well pre covid. With the addition of pvod and svod clients the influencer business is looking up. They've stated multiple times that by June of 2021 they'll be at the break even point. In combination with India's increased numbers I dont think they need to do another raise anytime soon. Email Curt ...more  
Comment by Doozer on Dec 15, 2020 8:38pm
Appreciate it and thanks for the link to the vid from today.  Advertising expenditures have certainly evaporated globally since COVID and the industry is poised to begin a turnaround in 2021. With the numbers in India jumping so dramatically hopefully this will translate into an increasingly steady stream of inbound calls.  Competitors of Q will certainly take notice of their recent ...more  
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