GBHL FROM FILING August 4th.. http://www.otcmarkets.com/financialReportViewer?symbol=GBHL&id=158203 date on the filing was for period end June 30th. So, anything that happens after June 30th can technically be put the next q filing. It was simply optional for them to put this in for the filing period.
Minimum 400 k per month is only 4.8 mill per year. ;) lets say we stay at 135 000 000 OS.. then each share at EOY with just this revenue source is 0.035 PPS .. way under valued here now. I did not even get into that this is also a MJ company now as well. Movies coming soon too.
On August 2, 2016 the Company entered into a library license agreement with Digicable Network India, Ltd. (“Digicable”) for the exclusive license of its digital library in India and the non-exclusive license within Digicable’s reach outside India for an initial two-year period commencing December 1, 2016, and automatically renewable for additional one-year periods thereafter unless otherwise terminated. The license anticipates the delivery of up to approximately 1,900 digital titles for broadcast by Digicable over the license period against a monthly license fee to the Company of US $0.04 cents, per Digicable subscriber, with a minimum monthly fixed floor of $ 400,000, less applicable Indian withholding taxes. Payment of Digicable’s license fees begin within 10 days after the end of the quarter in which the Company’s digital content is delivered, such that the first payment from Digicable is expected on or about March 10, 2017.
Digicable Network (India) Pvt. Ltd., a cable distribution company, provides cable television, digital cable television, and broadband services in India. It offers cable television for movies, sports, news, music videos, documentaries, hit TV shows, and children’s programming. The company also provides digital channels with movies, sports, cultural programming, and classics; and movie zone. In addition, Digicable Network (India) Pvt. Ltd. offers home and enterprise segment based broadband service networks. Further, it provides services, such as video on demand (VOD), Push VOD, gaming, ecommerce, etc. The company was founded in 2007 and is based in Mumbai, India. As of July 31, 2010, Digicable Network (India) Pvt. Ltd. operates as a subsidiary of Reliance Communications Ltd http://www.rcom.co.in/Rcom/personal/home/index.html
Now with 400 000 k min per month beginning..November! as per Filing.. a monthly license fee to the Company of US $0.04 cents, per Digicable subscriber, with a minimum monthly fixed floor of $ 400,000, less applicable Indian withholding taxes. Payment of Digicable’s license fees begin within 10 days after the end of the quarter in which the Company’s digital content is delivered, such that the first payment from Digicable is expected on or about March 10 https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=158203, 2017.
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