Post I wrote and response from BSEG forum
Petiedawgs
Registered:06/05/05
Posts: 140
Posted 1 hour ago #1
We really need an update here. Its been 4 months since last PR, about a film festival that is going on now, or maybe finished, can't tell.
Also about TV productions, movie deals supposedly going on, are there any projections about when revenue will be realized?
How are deals like Ozzy and Death Wish benefit BSEG in terms of the type of deal made. Is it revenue sharing, a commission fee etc.
I think their has been 4 total PR's to date for 2017, which considering the many items on the plate I would think BSEG would want to give updates for. But without any updates sharedholders can only assume, and at this point most shareholders aren't sure what to assume anymore since there is almost nothing to go on as of late.
We do see encouraging boosts in financial reports, and a good deal of information in the prospectus however the prospectus is very vague in the details of all these potential deals, and production going on.
Thanks as always for all your hard work in making BSEG a success, but we are in the dark here.
Best,
Pete
BigscreenEnt
Moderator
Registered:12/02/11
Posts: 8
Posted 22 minutes ago #2
The films Ozzy, Papillon and Death Wish are all being released next year in China. HiFex/BSEG receives commission and service fees as reflected in financial statements.
As to upcoming productions, news is pending. Several films in development stages as Prospectus states are close to starting. Some are closer to starting than others, BSEG will announce as soon as they can.
There is a tremendous amount of work to release a film in China that is required by the company. Each film goes through 22 levels of government. The process is very time consuming which is why very few companies in America can release films in China other than the major studios. Dr. Jiang through HiFex/BSEG may be one of the only independent studios who are currently doing this, a huge achievement.
She was the only US female film executive with the high level VIP's from around the world to be invited as a jury member. She met with top leaders from the Chinese world of filmmaking, investors, directors and producers.
Photos will be posted on the BSEG Facebook site soon of the festival.
There are many items going on behind the scenes Dr. Jiang and the team have been working on. BSEG is hoping to announce these items soon.
Happy holidays to everyone.
