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Re: DawgTrading post# 3461

Monday, 10/24/2016 7:03:38 PM

Monday, October 24, 2016 7:03:38 PM

Post# of 5551
I have been waiting a very long time also. However, K Kates has always been up front about her philosophy and how she wanted to build the company. She asked for two years for Jimmy to get us to the next level. By my calculations we have not reached the two year point yet. I believe when they posted the comment, it will be the middle of next year. I also don't believe it was stated it would be a hard and fast time frame, so even allowing 3 or 4 months latitude, it could still be toward this time next year before it is accomplished.

The unfortunate thing is we don't know how well they are doing. Even though the fundamentals have improved, without an appraisal of the film library, we don't know the true book value of the company.

I also don't blame anyone who wants to get out. It is very difficult with penny stocks.