"CEO @ GBHL"
> <Gary@Global-GBHL.com> wrote:
When
> will this platform/app be fully launched? will there be a
> test launch, if so
> when?
1. YGTP is in a beta test right now with an iOS (Apple)
> version of the mobile App. > Next step is the Android App, followed by the complete integration with a new build of our website.
That would put us near the end of the first quarter of 2018 for a launch of YGTP. Our project manager, Nick Godin, is leaning for a test prior to actual launch. --IMO we will see the test very soon.
Do you see immediate revenues from this app/ platform? What will the fees
> be?
2. Although we do expect immediate revenues from
> the App, I believe
> it will build at a modest rate in proportion to our
> advertising budget.
> Our revenues will come from 3 areas – membership fees,
> advertising and meta data sold to the film companies.
Will
> the studios and producers and directors have a fee as well?
3. We also plan to split revenues with select
> films/studios in
> exchange for a back-end participation in the film.
Is there a Reverse Split planned?
5. We are not planning a reverse split. However,
> it may become
> necessary at some point in the future to raise capital with
> an underwriter who
> may require our per share price to be higher. This would not
> affect the overall
> value of one’s holdings, and could be quite positive if we
> were to secure an
> underwriting.
Do you see this as a global opportunity?
6. YGTP definitely has global aspects. We have
> already been
> approached by firms in India and China.
Is there any current competition using the same idea so to
> speak?
7. There is not any direct competition that we
> are aware of and we do
> have a copyright and a trade mark pending. There are several
> casting firms that
> are similar (for professional or aspiring actors), but no
> one is offering
> “anyone” a chance to appear in a walk-on, speaking role
> in a real movie.
Do you plan on selling advertising blocks on your
> platform?
8. Yes
Do you plan on getting some actors or producers to publicly
> endorse this
> platform?
9. Yes
Will you Nationally Advertise this platform/app?
10. Yes
When the big studios start using the platform, can this be shared
publicly?
11. Yes
Can you talk about the budget?
12. Our build budget is roughly $250,000, and our
> marketing/operational budget for the first year after launch
> is about $2 Million. Our management has provided funding for the App
> build and
> operations to date. We are considering a private placement
> and/or crowdfunding raise for our first year budget of $2 million
Thats it for now.. IMO its not going to be hard to find non toxic financing. I also think we must be getting close to numerous pr's
We shall see... good luck all
GBHL
