Friday, August 21, 2020 3:05:45 PM
In only five days, MyFlix is scheduled for an initial consumer launch, and all indicators show that we should have a strong immediate reaction. As disclosed previously, the launch of MyFlix is not conditioned upon any new financing resulting from the Form 10 / S1 activities. We have separate financing for MyFlix - although the rapid expansion which we hope to see in the months following launch, could benefit from a portion of the S1 proceeds...Another example of good timing being in our favor with respect to corporate endeavors with electronic clearing of HHSE shares (now in effect), as the credibility benefits of the F10 and the working-capital benefits of the S1 Registration more closely matching the timing of our MyFlix launch.
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