Well one things for sure, he seems to be keeping to his word about under promising. That shareholder letter didn't address much of anything, certainly not Paramount or its replacement, very little about the partnership with Swig and nothing about Illuminate Hollywood. Meanwhile UF is a skeleton of what it was just 24 hours ago.

The only thing I heard was we need to prepare for additional dilution both for employees and a subtle hint at a need for additional financing. Frankly, I'm disappointed because I know what that means.

I don't know what else to say other than we just have to wait and hope the films DF was referring are in fact from another studio and are A List titles. Maybe that'll be the "over deliver" Gulas was referring to.

Eff it, not what I was expecting at all.

Atlas1