Well, call me a Kool-aid drinker if you like but I
Post# of 4205
Posted On: 08/21/2014 9:19:18 PM
Well, call me a Kool-aid drinker if you like but I appreciated the letter. Seems the company heard the collective voices of the shareholders and tried to address the questions and concerns of the masses. Doing so in this manner will never satisfy every investor or answer every question but I am thankful for some kind of effort to reach out. Seems 48 hours ago there were posts (figuratively) screaming to "give us something. Anything." Now, the sentiment seems to be "that's not enough."
I tend to take a very conservative approach here. This is a start up just recently out of R&D that's trying to integrate with some of the largest & most successful businesses on the planet. The 4k business is in its infancy & this company is cutting its teeth on its very edge. Take the Google situation as an example of how the big dog made the young pup prove its mettle before blessing it with approval. Now, apply the same to each company out there who is being approached by our little start up. You better believe this is more than a tad complex. I will take IMAX as a notch in the belt. If they get integrated into one or more major television manufacturers, I'll be giddy. How about Amazon, Staples ... What might be around the corner on the retail front?
They've also brought credibility through personnel who have access/knowledge of the shakers & movers within the industry. Have to believe that's opening doors they weren't getting in 12 months ago. It's going to take some time for those relationships to develop into written agreements with the people/companies they're dealing with.
Am I happy with the current pps? Heck no! But, I am going to add when I can and ride this out. I want audited financials above most anything else at this point. No way this goes far without those getting produced. Those financials are far more important than divi's at this point in time, in my opinion. Buybacks would be nice and I'm not convinced they aren't currently happening.
The rest of 2014 has the potential to make the prior 8 months a pretty small speed bump. Only time will tell ... and, December isn't that far away.
Cheers!
I tend to take a very conservative approach here. This is a start up just recently out of R&D that's trying to integrate with some of the largest & most successful businesses on the planet. The 4k business is in its infancy & this company is cutting its teeth on its very edge. Take the Google situation as an example of how the big dog made the young pup prove its mettle before blessing it with approval. Now, apply the same to each company out there who is being approached by our little start up. You better believe this is more than a tad complex. I will take IMAX as a notch in the belt. If they get integrated into one or more major television manufacturers, I'll be giddy. How about Amazon, Staples ... What might be around the corner on the retail front?
They've also brought credibility through personnel who have access/knowledge of the shakers & movers within the industry. Have to believe that's opening doors they weren't getting in 12 months ago. It's going to take some time for those relationships to develop into written agreements with the people/companies they're dealing with.
Am I happy with the current pps? Heck no! But, I am going to add when I can and ride this out. I want audited financials above most anything else at this point. No way this goes far without those getting produced. Those financials are far more important than divi's at this point in time, in my opinion. Buybacks would be nice and I'm not convinced they aren't currently happening.
The rest of 2014 has the potential to make the prior 8 months a pretty small speed bump. Only time will tell ... and, December isn't that far away.
Cheers!
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