IC Punch Media about an hour ago via mobile
Post# of 45510
Posted On: 10/30/2013 9:18:47 PM
After a challenging first few quarters we have reach a major milestone with the launch of VU Television with our partners at FIlmOn. There are some questions about our marketing plans. We joined FIlmOn because they have 500 million monthly streams. We deliver a network and we tap into that. They focus marketing on their exclusive content section. We are one of a handful of the exclusive partners. Each time one of those 500 million streams runs an ad is played as people start watching. We are not currently placing ads inside shows which gives viewers a better experience. FilmOn began earlier this year with a 100 million dollar ad program which points to the exclusive content section. This goes on for a year and we are right in the middle that section. From day one people started watching VU ads where running every time they loaded our channel. We are in a great position and each day we are seeing new and repeat viewers. Clearly the share price does not currently reflect the position we are now in or the value of what of this launch. We feel confident as we continue to grow viewership and deliver entertaining shows the shares value will reflect the true value of this monumental step we have taken.
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