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Alias Born | 02/11/2011 |
Wednesday, August 20, 2014 11:14:58 AM
Check out the CC transcript. Pay attention to the soft release of their App (top of page 2)... I think this is the key. http://seekingalpha.com/article/2433275-you-on-demand-holdings-yod-ceo-weicheng-liu-on-q2-2014-results-earnings-call-transcript?page=2
'Thank you, Shane. Earlier this week, we softly launched the YOU On Demand Mobile App independently via our popular app stores and online channels in China such as Android Mobile Market, 91 Mobile Assistant, 360 Mobile Assistant and Taobao Mobile Store. The focus of this launch is twofold, first and foremost, we are looking to push V2 of the YOU Cinema App to as many smartphones and tablets as possible. Second, we are collecting user feedback data to make final tweaks to V3, our app which we plan to launch in Q4, 2014. We are really excited about V3 and have been working around the clock to complete it. We see this service app as a cornerstone of our multi-screen video entertainment platform.'
Bought some more today... These guys have been pretty good so far with NEWS updates... I see the stock going up to the $5-6 range by Thanksgiving. Remember, less that 24,000,000 shares outstanding... selling American programming on mobile phones (now)... HUGE
I personally like the amount of shares held by the CEO as well as the Chairman... skin in the game.
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