They're filming, which doesn't seem like a positive to me. They're always jumping at the bit. Did they research anything in the past? No. Did they research the costume barista coffee shop business? Apparently not. If they had they would have realized that it's a loser. I mean, if they had done it correctly it could have worked, but they didn't even come close. Somehow they got richer anyway. Enough to "self-fund" the VR.
Have they researched the best way to get into VR? No. They just jumped in and started filming the first thing they could, Megs McLean
. Nothing against Megs, but I feel they should be concentrating on being first at something unique. And I'm not confident that there will be any real innovations from this company no matter what they're now filming. They (especially Scott) has learned too well how to cash out shares on investors.
There are going to be promises, and it's going to end the same, with the principals cashing out and the investors paying for nothing.
Lastly, we will be reversed out upfront anyway. There is a "very strong financial partner contingent on reverse." From the horse's mouth.
Incidentally, I have an HTC Vive virtual reality headset. It. Is. Amazing!