Ok I have no position currently. I like to look at the whole stock before getting in. All my own opinion;
Pros:
*Asia (T) & European (Atlas) film deals.
*CEO has 10,000,000 common shares.
*Building largest studio "East Coast Hollywood."
*Studiou will also be used for Concerts/Ent Events.
*Great starting price, potential $5 in 5 years.
Cons:
*All ventures/mergers/partnerships require funding?
*Jake is employed there. SAPX all over again?
*Ridiculous amounts of dillution?
*Studio is not even on Stage 1 of the construction with no outside financing.
*CEO lives an extravagent lifestyle for a stock that has seemingly bad financials.
Summary;
Believe a reverse split will have to happen in order to finance the studio, especially since they are in the beginning stages of the construction.
Entry point: OBSERVE ONLY. Better to wait until they can provide outside financing to cover the studio, even at a higher pps versus a reverse split.
