Taken from other site Here's what people need to
Post# of 96891
Posted On: 07/08/2015 6:57:43 PM
Taken from other site
Here's what people need to understand despite how painful it has been over the past year relative to the pps.
As I stated before the company realized that content is absolutely crucial in order for UF to truly get adopted and compete. The company made a decision to do whatever it takes to get the content to a level that would attract subscribers and be mentioned along side of Amazon and Netflix. Folks I can tell you millions of dollars that came from increased shares have been spent securing licensing fees with the major studios just over the past 4 months. Deals that have NOT yet been released. We are talking about 900-1,000 titles all A list blockbuster type movies from the most well known studios. Licensing fees are very expensive. The company is willing to take the short term hit from a pps perspective in order to reach $20MM in revenue over the next 12 months.
Trust me for those of us that bought in during the first run to .17 this is beyond painful but to think and say this company is a scam and just a share selling scheme is a complete joke that much I am 100% certain of no matter how painful the present state has been. And yes even at these levels shares have been issued in order to close deals IMO. I also believe that we all will start to see this added content announcements over the next month.
How the pps reacts is anyone's guess but once revenues start to increase exponentially there is only one direction this will go.
Here's what people need to understand despite how painful it has been over the past year relative to the pps.
As I stated before the company realized that content is absolutely crucial in order for UF to truly get adopted and compete. The company made a decision to do whatever it takes to get the content to a level that would attract subscribers and be mentioned along side of Amazon and Netflix. Folks I can tell you millions of dollars that came from increased shares have been spent securing licensing fees with the major studios just over the past 4 months. Deals that have NOT yet been released. We are talking about 900-1,000 titles all A list blockbuster type movies from the most well known studios. Licensing fees are very expensive. The company is willing to take the short term hit from a pps perspective in order to reach $20MM in revenue over the next 12 months.
Trust me for those of us that bought in during the first run to .17 this is beyond painful but to think and say this company is a scam and just a share selling scheme is a complete joke that much I am 100% certain of no matter how painful the present state has been. And yes even at these levels shares have been issued in order to close deals IMO. I also believe that we all will start to see this added content announcements over the next month.
How the pps reacts is anyone's guess but once revenues start to increase exponentially there is only one direction this will go.
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