Another slow start. I do hope that the business de
Post# of 736
Posted On: 02/29/2016 10:27:03 AM
Another slow start. I do hope that the business developments do start to turn into events that can be disclosed to shareholders. I am sure that Christopher is working hard to deliver against his plan.
I wish we had an official clear understanding of what that plan is. From what we've seen in small snippets on Twitter it looks like the business plan is something like this:
- Create a strategic partnership - There was a tweet that this was already signed, but that the PR had to come from the larger partner. Not sure if that would relate to distribution or something else.
- Acquire $400,000 in capital through a private equity round - Last tweet update on this is that $100,000 (25%) had been raised
- Acquire a % of a revenue generating company- Only information we have on this is that the company generated single digit millions per year in revenue. No idea what the nature of this deal would be or if any of the $400,000 in private raise will be used for it.
- Become a production and distribution company of it's own - Not sure if the decision of what the first production will be or the pre-requisites for that to go into pre-production are even set. We have very little information here so far.
Looking forward to more information and hopeful for some business developments that are significant in the coming months.
I wish we had an official clear understanding of what that plan is. From what we've seen in small snippets on Twitter it looks like the business plan is something like this:
- Create a strategic partnership - There was a tweet that this was already signed, but that the PR had to come from the larger partner. Not sure if that would relate to distribution or something else.
- Acquire $400,000 in capital through a private equity round - Last tweet update on this is that $100,000 (25%) had been raised
- Acquire a % of a revenue generating company- Only information we have on this is that the company generated single digit millions per year in revenue. No idea what the nature of this deal would be or if any of the $400,000 in private raise will be used for it.
- Become a production and distribution company of it's own - Not sure if the decision of what the first production will be or the pre-requisites for that to go into pre-production are even set. We have very little information here so far.
Looking forward to more information and hopeful for some business developments that are significant in the coming months.
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