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Friday, March 04, 2016 11:12:11 AM
For example, if he's waiting on a contract for the distribution of an asset or the finishing up of a project that were supposed to happen at the end of the month, then he would hold the 10-K and include that under the the subsequent events section of the 10-K as a bonus pr without having to give out a separate pr.
It also bolsters the 10-K.
That's the section I'm interested in because all you're going to see in the financials for the year are production costs for Mountains plus whatever additional revenue for the film asset distribution comes in. The subsequent events section can bring us up to date on how the production or distribution (I don't think distribution will occur until this next quarter -Q2) is coming along. Also news about the VOD Search Engine, New Broadway Cinema, maybe the fantasy sports assets, and others.
Exciting times!
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