Not going to be impressed with anything unless its elas approval. Personally, I would rather him spend his time and energy lining up contracts for the day elas is ready. Instead of waiting until elas is approved and then working on contracts etc. The problem with the preferreds is another story.
Like i said, FDMF will eventually run. But with launch tv in the drivers seat, the ceiling is much lower. Now, people will attack me on the potential revenues of pot networks or whatever angle they take, but its a stone cold fact that this isnt even in the same ballpark as elas. And the amount of shares issued to acquire launch tv makes me think even more, either a) if elas were to be commerically successful, then we overpaid for launch tv or b) he thinks elas wont be as successful and thats why he acquired launch tv.
How can you work on elas for 5 years and then on the whim acquire launch tv and invest in pot, our current revenue situation doesnt allow for him to keep expanding to new sectors without mortgaging the future. There is no money to pay for this and its been all shares. Wait until the day those shares for launch tv become unrestricted. Were sitting at .0005 with a 2 million dollar market cap. Launch TV alone will never justify a large market cap. On paper we can say this is coming, that is coming, this will happen, launch tv will buy comcast (joke), but immediate revenues will only come from commercial sales.
Oo and if launch tv was so solid of an acquisition, we wouldnt be sitting at .0005, which many tickers that havent released anything in years are at. Hell even scams like gdsm are sitting at .0005. Elas will bring big players, not launch tv.
Now, because so much was spent on launch tv and the cash acquisition for a small stake in cannasecurity, what money will be spent on costs to commercialize elas? Take a guess. Vfin will pay for it.
