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News today. Here's an excerpt " Mr. Siegel continu

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Post# of 5570
Posted On: 04/16/2014 10:20:52 AM
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Posted By: Mpix Man
News today. Here's an excerpt " Mr. Siegel continued, "Over the past several months and with increasing frequency, we've announced a number of world-class, industry leading hires, strategic advisors, services and partnerships. Additional highlights include the completion of our financials, the opening of our new office in Nashville, and the addition of two major customers -- Spring Awakening Music Festival 2014 and Golden Trailer Movie Awards. All of our efforts are laser-focused on driving long-term revenue growth and shareholder value. We expect to begin generating meaningful revenue from customers by the end of Q2 2014 and estimate the Company will be able to achieve 15 to 20 retained, fee-paying and/or revenue-sharing customers by December 31, 2014. This forecast is based upon a forecasted 26% to 36% conversion rate among our current active new customer pipeline of 50+ projects as of today's date. These clients cover the full range and spectrum of our capabilities in PPV (pay-per-view), ad sponsor, and subscription-based live and VOD (video on demand) streaming events, as well as core media services across our 4 business verticals http://www.otcmarkets.com/stock/MPIX/news/Min...10&b=y 50 plus projects $$ MPIX $$


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