I dont know how to answer the question other than
Post# of 5570
Posted On: 06/06/2014 10:58:46 PM
I dont know how to answer the question other than say, according to the PR
http://www.otcmarkets.com/stock/MPIX/news/Gol...75&b=y
MIAMI BEACH, FL--(Marketwired - Feb 26, 2014) - Mindpix Corporation (OTC Pink: $MPIX), a technology driven media services and entertainment company focused on owning, creating or managing multi-platform music/entertainment, sports and U.S. Hispanic media properties, today is pleased to announce that it has been retained by the Golden Trailer Awards, known for honoring the best in feature film previews, for its upcoming 2014 award show on May 30, 2014 in Los Angeles.
Entering their milestone 15th year, The Golden Trailer Awards franchise have retained Mindpix Corporation to provide digital production and media services for webcast and video on demand viewing, sponsorship acquisition, international distribution and business development for new revenue streams and distribution opportunities to extend the Golden Trailer franchise.
"As we celebrate our 15th year of providing the most entertaining trailers to a devoted public and the fastest paced, most exciting award show to the entertainment industry, Golden Trailers is ready for the next phase of our evolution. We are excited to expand beyond our current operations and business to seek new ways to deliver our programming through broadcast and digital services and distribution," states Evelyn Brady-Watters, Founder/Executive Director of the Golden Trailer Awards. Evelyn continues, "Mindpix provides an all-in-one solution that will provide Golden Trailer Awards with the necessary resources to expand beyond current offerings and derive distribution and revenue from a myriad of new sources. We will expand our offerings with Mindpix at the helm of that process."
" Mindpix is honored to be associated with such an established entertainment brand that will be generating revenue for Mindpix on day one," states Victor Siegel, President & CEO of Mindpix Corporation. "This is an established perennial franchise that we have the opportunity to help expand and assist in reaching its full potential. We could not be more pleased to be associated with such an established Hollywood brand in its 15th year and with such tremendous future opportunity to build upon."
Mr. Siegel continued, "The Mindpix team will provide the Golden Trailers with a complete set of resources to expand their current offerings onto a global level. These media services will include; digital marketing, VOD, Pay-Per-View, mobile marketing and streaming, sponsor acquisition -- taking the Golden Trailer Awards beyond traditional avenues and creating new revenue and sponsorship opportunities on a global scale. Partnering with the exceptional team at the Golden Trailers, Mindpix's team will build a robust digital platform for viewing and distribution of the Golden Trailers that will grow this valuable franchise and position it for global expansion and continued future growth. This is another tactical step forward in Mindpix's mission of becoming the ultimate provider of media services to music, entertainment, sports, and U.S Hispanic media properties worldwide."
"Retained"
The percentage of net earnings not paid out as dividends, but retained by the company to be reinvested in its core business or to pay debt. It is recorded under shareholders' equity on the balance sheet.
The formula calculates retained earnings by adding net income to (or subtracting any net losses from) beginning retained earnings and subtracting any dividends paid to shareholders:
In most cases, companies retain their earnings in order to invest them into areas where the company can create growth opportunities, such as buying new machinery or spending the money on more research and development.
Should a net loss be greater than beginning retained earnings, retained earnings can become negative, creating a deficit.
The retained earnings general ledger account is adjusted every time a journal entry is made to an income or expense account.
http://www.investopedia.com/terms/r/retainedearnings.asp
This part of the business is a working project that shareholders will only see on future 10Q's......when MPIX uplists imo.
As for Victor's transparency,
The last shareholder update was on May6th http://www.otcmarkets.com/stock/MPIX/news/Min...33&b=y .....
1. Mindpix Media Services(SM) - a technology services and platforms business offered as a turn-key solution to clients and partners; Mindpix Media Services(SM) is focused on near term revenue generation through acquiring "one-off" streaming events (such as Spring Awakening and Golden Trailer Awards) and longer term recurring revenue engagements (such as the Jimmy Lloyd Showcase) for music/entertainment, Sports and U/S Hispanic media properties
2. MP Presents(SM) - a content creation, co-production and distribution business, established to facilitate significant ownership stakes in digital and traditional media properties (such as KM Productions and New Gospel Entertainment) Properties under this banner will provide Mindpix with a combination of revenue streams and equity participation and asset appreciation. As noted earlier Mindpix Presents(SM) leverages the existing infrastructure of Mindpix Media Services(SM) to execute its programs providing maximum efficiency and maximum gross margins going forward.
So I realize I would want weekly or even monthly reports....but as long as the company is progressing with its business plan as a whole, eventually the updates will come easier as the foundation is set up to be even stronger. This stuff takes time to build. A quick glance at all the PR's and Form 10 will show the company's progress.
So in conclusion, I see a growing START UP company , Mindpix Media Services(SM) and MP Presents(SM) , establishing itself in a very demanding marketplace and is setting up its business network in order to create value . The price and money earned is the end result.
So I hope this helps a little bit as we all wait for a stronger company to hold its own on a bigger stage.
Go $MPIX
http://www.otcmarkets.com/stock/MPIX/news/Gol...75&b=y
MIAMI BEACH, FL--(Marketwired - Feb 26, 2014) - Mindpix Corporation (OTC Pink: $MPIX), a technology driven media services and entertainment company focused on owning, creating or managing multi-platform music/entertainment, sports and U.S. Hispanic media properties, today is pleased to announce that it has been retained by the Golden Trailer Awards, known for honoring the best in feature film previews, for its upcoming 2014 award show on May 30, 2014 in Los Angeles.
Entering their milestone 15th year, The Golden Trailer Awards franchise have retained Mindpix Corporation to provide digital production and media services for webcast and video on demand viewing, sponsorship acquisition, international distribution and business development for new revenue streams and distribution opportunities to extend the Golden Trailer franchise.
"As we celebrate our 15th year of providing the most entertaining trailers to a devoted public and the fastest paced, most exciting award show to the entertainment industry, Golden Trailers is ready for the next phase of our evolution. We are excited to expand beyond our current operations and business to seek new ways to deliver our programming through broadcast and digital services and distribution," states Evelyn Brady-Watters, Founder/Executive Director of the Golden Trailer Awards. Evelyn continues, "Mindpix provides an all-in-one solution that will provide Golden Trailer Awards with the necessary resources to expand beyond current offerings and derive distribution and revenue from a myriad of new sources. We will expand our offerings with Mindpix at the helm of that process."
" Mindpix is honored to be associated with such an established entertainment brand that will be generating revenue for Mindpix on day one," states Victor Siegel, President & CEO of Mindpix Corporation. "This is an established perennial franchise that we have the opportunity to help expand and assist in reaching its full potential. We could not be more pleased to be associated with such an established Hollywood brand in its 15th year and with such tremendous future opportunity to build upon."
Mr. Siegel continued, "The Mindpix team will provide the Golden Trailers with a complete set of resources to expand their current offerings onto a global level. These media services will include; digital marketing, VOD, Pay-Per-View, mobile marketing and streaming, sponsor acquisition -- taking the Golden Trailer Awards beyond traditional avenues and creating new revenue and sponsorship opportunities on a global scale. Partnering with the exceptional team at the Golden Trailers, Mindpix's team will build a robust digital platform for viewing and distribution of the Golden Trailers that will grow this valuable franchise and position it for global expansion and continued future growth. This is another tactical step forward in Mindpix's mission of becoming the ultimate provider of media services to music, entertainment, sports, and U.S Hispanic media properties worldwide."
"Retained"
The percentage of net earnings not paid out as dividends, but retained by the company to be reinvested in its core business or to pay debt. It is recorded under shareholders' equity on the balance sheet.
The formula calculates retained earnings by adding net income to (or subtracting any net losses from) beginning retained earnings and subtracting any dividends paid to shareholders:
In most cases, companies retain their earnings in order to invest them into areas where the company can create growth opportunities, such as buying new machinery or spending the money on more research and development.
Should a net loss be greater than beginning retained earnings, retained earnings can become negative, creating a deficit.
The retained earnings general ledger account is adjusted every time a journal entry is made to an income or expense account.
http://www.investopedia.com/terms/r/retainedearnings.asp
This part of the business is a working project that shareholders will only see on future 10Q's......when MPIX uplists imo.
As for Victor's transparency,
The last shareholder update was on May6th http://www.otcmarkets.com/stock/MPIX/news/Min...33&b=y .....
1. Mindpix Media Services(SM) - a technology services and platforms business offered as a turn-key solution to clients and partners; Mindpix Media Services(SM) is focused on near term revenue generation through acquiring "one-off" streaming events (such as Spring Awakening and Golden Trailer Awards) and longer term recurring revenue engagements (such as the Jimmy Lloyd Showcase) for music/entertainment, Sports and U/S Hispanic media properties
2. MP Presents(SM) - a content creation, co-production and distribution business, established to facilitate significant ownership stakes in digital and traditional media properties (such as KM Productions and New Gospel Entertainment) Properties under this banner will provide Mindpix with a combination of revenue streams and equity participation and asset appreciation. As noted earlier Mindpix Presents(SM) leverages the existing infrastructure of Mindpix Media Services(SM) to execute its programs providing maximum efficiency and maximum gross margins going forward.
So I realize I would want weekly or even monthly reports....but as long as the company is progressing with its business plan as a whole, eventually the updates will come easier as the foundation is set up to be even stronger. This stuff takes time to build. A quick glance at all the PR's and Form 10 will show the company's progress.
So in conclusion, I see a growing START UP company , Mindpix Media Services(SM) and MP Presents(SM) , establishing itself in a very demanding marketplace and is setting up its business network in order to create value . The price and money earned is the end result.
So I hope this helps a little bit as we all wait for a stronger company to hold its own on a bigger stage.
Go $MPIX
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(0)Mindpix Corporation (MPIX) Stock Research Links
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https://www.bloomberg.com/opinion/articles/20...ify%20wall
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