Looking over the notes again from the SHM, it look
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Posted On: 01/23/2018 4:27:04 PM
Looking over the notes again from the SHM, it looks like these items are going to be finished by end of Feb at the latest is my guess:
1. Agreement in place to settle Longside settlement. "Just need to write check."
2. Rod Riegel knows principals of K2 and D3. Making contact with them over next few weeks to address those settlements.
3. Regarding Caveat Emptor:
-needed Board of Directors to submit paperwork. Now that Board of Directors was voted in and in place, they are submitting paperwork with transfer agent to remove caveat emptor. Also hired legal help who specializes in Caveat Emptor.
4. Rod Riegel - new UltraFlix CEO.
-has calls with LionsGate and Paramount this week regarding
-strong relationship with “the Big 6”
-”significant chunk of work already done. Many movies already remastered etc. As a result as we sign & finalize contracts we can go live with movies the next day.”
>focus is on getting new releases ASAP
5. Oct-Dec Quarterly report
Anything else by the end of Feb?
Items that will at least start this month:
Funding from $21M Bridgeport financing will commence this month.
The bulk of what we are waiting for will happen in the next six months with the release of 3.0 and manufacturing boxes redesigned to include UltraFlix. I have to keep focusing on the big picture as this share price is pathetic and does not factor in any of these items.
Regardless...I believe we are on the right track now...I just wished this was happening a couple of years ago. Lets get the CE removed and all three suits cleared up first.
1. Agreement in place to settle Longside settlement. "Just need to write check."
2. Rod Riegel knows principals of K2 and D3. Making contact with them over next few weeks to address those settlements.
3. Regarding Caveat Emptor:
-needed Board of Directors to submit paperwork. Now that Board of Directors was voted in and in place, they are submitting paperwork with transfer agent to remove caveat emptor. Also hired legal help who specializes in Caveat Emptor.
4. Rod Riegel - new UltraFlix CEO.
-has calls with LionsGate and Paramount this week regarding
-strong relationship with “the Big 6”
-”significant chunk of work already done. Many movies already remastered etc. As a result as we sign & finalize contracts we can go live with movies the next day.”
>focus is on getting new releases ASAP
5. Oct-Dec Quarterly report
Anything else by the end of Feb?
Items that will at least start this month:
Funding from $21M Bridgeport financing will commence this month.
The bulk of what we are waiting for will happen in the next six months with the release of 3.0 and manufacturing boxes redesigned to include UltraFlix. I have to keep focusing on the big picture as this share price is pathetic and does not factor in any of these items.
Regardless...I believe we are on the right track now...I just wished this was happening a couple of years ago. Lets get the CE removed and all three suits cleared up first.
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