Hi Meatslice, two questions,
Could Rory clarify what he meant when he said – "I reasonably believe that it is possible for us to achieve and perhaps exceed our revenue projections based upon the value of the contracts we already executed."
Are those specifically the ones we already know about, which are Matrix group, Beach Body, and ORU, or have we executed deals with other companies, only that they are yet to be announced. Furthermore if the answer is that the revenue estimate was given based on the companies whom we already know about, could he describe how we realistically could reach that milestone. The reason I ask is due to the fact that the Matrix group has yet not finalized a deal with us as they await administration response, so we can't include them yet. As far as BeachBody is concerned,they were given a free use of the product to test the technology. How much potential revenue could we receive from them? As far as ORU is concerned, while they would 'hope' to attract 250k members, we only have 13k paying members right now, which only translates to 65k dollars a month recurring revenue, or 780k thousand dollars yearly. Hopefully that number increases by year end, but still a huge distance to reaching 50 mil. Any further detail would be appreciated.
Second Question:
As far as Brokers Dealers are concerned, how many investors do they have in their network and what kind of response can we expect to have from their efforts to attract new investors.
Please feel free to reword the questions as appropriate.
