Friday, October 20, 2017 3:25:03 PM
One, their capacity is 100K plus per week by end of September, but they could have increased that to 150k since we were given the range of 100k to 150k. And it's the 3rd week of October. so add additional 300 - 450k for the month of October isn't out of question. I am basically saying their sub at least doubled again. Tripling would be at the 1.2 million close to your numbers.
Two, recent 8k they amended the purchase agreement that the original Movie Pass notes from 5 million to 11.5 million. They basically doubled the funding to Movie Pass by additional 6.5 million compare to the original 5 million back in August. That also clearly suggested that the subscription number likely doubled to original projected growth and so MP needed that funding.
I know some of you guys are saying to plot the graphs, but reality don't always follow expectations. I would say well over 1 million by now isn't out of question. Keep in mind MP isn't being funded just by us, they have other sources of funding too.
People might get a big surprise when they decides to disclose update on sub numbers.
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