Listened to it live. Then later in evening tried to listen to recorded version but password (at the time) was "invalid". Might be working today.
Was very thorough overview of company, probably same pitch he's been given "new" investors on his 10 city tour. But perfect for investors new to GBI story.
Of course Andy stressed how many of the seven or so properties (SpacePOP, Llama Llama, Rainbow Warriors, etc) each have potential to become "billion dollar" properties. He's right and has seen it. Question is are any of these properties worthy?
Perhaps. Personally think yes. One. Maybe two.
Key takeaways for me were:
1. Question in Q+A had to do with revenue from SpacePOP (in stores Dec 1) and Andy's reply was revenue would be recorded in Q1 2017, not Q4 2016. So we won't know retail sales numbers until May 2017 or so when they report.
2. He was super upbeat that SpacePOP has been "tracking higher and better than Monster High" and other main competitor in space (forget who that was but wrote it down). Don't know what "tracking" is but must be methodology for predicting retail sales interest.
3. Expanded film deck from 200 to 410 1/2 hr episodes and $250K per number, and increased base value of company as a result
4. Thorough and detailed overview of each property with most unexpected enthusiasm for Rainbow Warriors. He sounded like star team assembled behind that property is going to hit it out of park. Scent factor expects to be huge hit. They think they have that one dialed in.
5. Currently reaching 40 million viewers through Viacom TV. Expect to expand that to 80 million very soon. Total US TV market 110 million. So reaching 3 of 4 US households with content. Grabbing just 1% of Nick, Disney, Cartoon Net market share would be huge for GBI. And they feel they have the quality content and outreach capabilities to grab more than that. He was very excited about the TV channel.
6. And Netflix of course with Llama Llama. Q3 2017 for Llama Llama revenue. Personally think Llama Llama will be one of their biggest successes. Andy just sampled some of the animation earlier in week and said it was "beautiful". Jennifer Gardner not only to be voice of lead but will sing theme song.
There were a bunch of other great tid bits in there but best to just hear it yourselves.
Sounds like basis for some great entertainment in future for a variety of different age and user groups.
Only need one property to take hold and this small $25M market cap company skyrockets in value.
Three years of building the blocks to get there. Now they're in execution mode and NASDAQ listed.
Good luck all longs
DK
