InvestorsHub Logo
Followers 10
Posts 2484
Boards Moderated 0
Alias Born 01/08/2010

Re: None

Thursday, 12/27/2018 6:20:19 PM

Thursday, December 27, 2018 6:20:19 PM

Post# of 371937
MYFLIX GROWTH (A $100MM VENTURE)- With a monthly break-even of only 12,000 subscribers (at $8 each) or 30,000 total TVOD Transactions (or a mixture of both revenue streams), MyFlix is anticipated to be Cash-Flow Positive within 90-days of initial consumer launch. Comparable sites, such as Acorn.TV have over 700,000 monthly subscribers (generating almost $100-mm per year in gross subscription revenues). So, we are optimistic that MyFlix has the potential to be a major venture and cash-flow generator for HHSE as quickly as April of 2019.