YANGAROO Inc V.YOO

The dump has begun?

[HisNoodlinessTheFlyingSpaghettiMonster]

RBC selling this morning.  I believe that is Gerald Hurlow's broker from what I tracked before.

Get ready for the dump of 6 mil shares over the next while.

[tannin]

YourNoodliness, i see a 912 K bid at 10.5 cents, which suggests the forces of light are prepared to buy a lot of shares at close to today's sp...Unless Hurlow is going to dump all at once, to destroy, temporarily, the sp, which to date has not been the route taken, we'll be fine. Regardless of animosity, Hurlow is a business person and, I'm sure, is not going to blow half a million

[Voodoo]

Yeah, I think this is a temporary pressure and we are getting some rome to breath after that.

[HisNoodlinessTheFlyingSpaghettiMonster]

The problem tannin is that we have no clue where YOO is going. After the incredibly vague and confusing update given within the Q1 results, it just sowed uncertainty among investors. We deserve a proper, honest assessment of the COVID-19 situation as investors in the company.

[tannin]

Your mean acquisitions or not ? Apart from that, I assume we're just banging along as usual, hopefully with the advertising side not loosing ground during covid.

[HisNoodlinessTheFlyingSpaghettiMonster]

- No mention of current cash position - why? - Ad revs going down 30-50% due to covid if you do just basic research - How is this affecting us?  No mention, only vague statements of surviving the change in business conditions. - Dropped expectation of full year growth in their statements -  This leads us to believe, are things really that bad? - Dropped mention of acquisition - Is our

[HisNoodlinessTheFlyingSpaghettiMonster]

Again tannin, I hope they are wrong.  I hope it is just a case of very bad communication.  Past history has shown though that if there is any glimmer of good prospects, they will make it known and be excessively optimistic if have the opportunity.

[HisNoodlinessTheFlyingSpaghettiMonster]

I hope I am wrong***

[tannin]

Hope you're wrong, your noodliness. Thoughts; we have the resources to survive; the election has brought, and will bring more business which will help offset the decline in adv you correctly point out; if we are interested in expansion through buying a biz, that biz will likely be much less expensive than before covid. So, i don't really need to know the current cash balance, though it'

[HisNoodlinessTheFlyingSpaghettiMonster]

Lets hope so tannin, I@m certainly hoping that is the case given my investment. Honestly, if the company reports flat results in Q2 (1.8-2 mil) I think this will move to 20+ cents. This would indicate an increase in market share in the face of declining industry spending, and it would set up for a promising second half. Who knows, ad spending may start coming back here as we get into June as well.

[PlanetURF]

I think your too optimistic. All this thing can get up now is growth that results in increased profits.  So far that has not happened.  Generally with software companies, their revenue is their asset. All it takes is a 30% dive in revenue for 2 quarters for software companies to trade far under 1x revenue. Especially without profits. The problem is they are exposed to radio and

[HisNoodlinessTheFlyingSpaghettiMonster]

That is why I assume pessimistic scenarios. I think Linear cable will be around, it will just be in a different medium and smaller in scope (much more focused and less channels).  Internet based skinny cable such as Sling TV or YoutubeTV.  In Canada, cable companies have adapted with Internet based cable such as Rogers ignite which integrates other streaming services and internet apps

[PlanetURF]

Yeah maybe this will work out. Just seems the upside is probably capped, and downside is now easily 50-60%. Whereas before Covid and before it was confirmed management was blatantly lying, it was more like 'heads you don't lose much, tails you make 2-3x your money'.  What might be worse is if they were not lying, but actually lost customers, and that is why they missed their

[HisNoodlinessTheFlyingSpaghettiMonster]

Highly doubt this would make it to 5 cents but not saying it is impossible. Worst case if sales collapse in 2Q (which will be the ugliest quarter then likely a pickup afterwards) by 30-50%, they can apply for the Canadian government wage subsidy and maybe save about 150k assuming 15 employees. Weather the storm and hope that there is some pickup in 2nd half (and hope to god we still get a piece of

[PlanetURF]

We are trading at negative earnings now probably. Almost all of earnings of LTM are in Q1, from a one off customer. https://advanced-television.com/2020/05/26/covid-19-sees-25-of-q3-us-tv-ads-cancelled/ Covid-19 has seen US advertisers cancel 15 per cent to 25 per cent  of the Q3 advertising time bought during the 2019-20 upfront reports Cable & Broadcast. Executives said the

[HisNoodlinessTheFlyingSpaghettiMonster]

Yes, Q2 will be rough, but Q1 acts as sort of a cushion. We aren’t in an untenable position  with our working cap, and as I said there is some government help if things go down a bit which would cushion the blow a bit. Upfront commercials down Q3 by 20% as per that info provided. But what happens when all the sports come back? Advertisers will be quick to fill at least some of the gaps IMO.

[HisNoodlinessTheFlyingSpaghettiMonster]

Another point: we could conceivably gain market share but lose revs and still be in a good position long term by weathering the storm. Let’s say hypothetically that the market declines by 30% over the last 3Qs...If next year only half of that comes back, that is still over 20% increase in revs by just retaining market share. So if you grow customer usage by 15% next year you gain 39% growth. If

[tannin]

And all that election spending, as you mentioned noodliness, a bonanza. We'll be fine this year, a lot better than many other cos. And maybe an opportunity to pick up dirt cheap another hi tec opportunity to add to our biz. Wish the sp was higher, but not losing any sleep over this one.

[HisNoodlinessTheFlyingSpaghettiMonster]

Well, you are assuming that there will be a follow through on political-related revenues. Management have given no clear indication of this being the case. If Bloomberg was the “mystery client” in Q1 that will all dry up...Unless he creates his own super-pac, but it looks like he backed away from that option. If our mystery client was Biden or Trump, business could look good for us. But you talk

[tannin]

Point made.......yes. No idea who our client was. Would 'assume' ( yeh, that word ), that between the presidential race, and the state and local races, some adv will come our way.......however, no real idea at all. On the positive side, no flood of shares hitting the mkt.