Just when I think I have it all figured out, wick, you post this. Is JF really only out for #1 or does he care about the business beyond his own personal gain? No, wait, I know the answer. Seperate is as seprate does. I don't like it but I don't blame him either.
I can deal with the dilution but it looks as if the direction the business is heading is more about TV production and E(ntertainment)OD and less about the tangible movies by mail model. That's a hard sell to this crowd of investors who were wary of the management to begin with. Especially when gnfent is touting "extreme" style shows and C movies as bait to attract advertisers and broadcasters. To quote my nephew (via Mr. Crabs):
"I smell the smelly smell of something that smells...
smelly!"
I've spoken to a few folks I know in the industry and they seem to agree that once gnf can demonstrate a clear path, the lines of communication will open up and opportunities for growth may become available. They see a small company, spread very thin right now and not very many salespersons selling the product. Also, the peak of hype for VOD has yet to hit so gnf IS positioning itself well for the future. When a big name star or studio appears in their ads, you'll know they are getting close.
Didn't I read where 16M would buy us out of our GGI deal? Thought I read that in the terms or on a transcript from a previous year. Not that Angels of mercy have been known to appear around here or anything. Even GGI dosen't want the dreaded 'B' word to befall this stock. It will rise soon enough in some form or fashion.
Wick, should I invest in racing exhaust mufflers instead?
:)
However!!
Good luck is out there.
I was in Tampa with nothing to do so I went to the Racetrack.
I put 200.00 down on a 20-1 horse named "Marge S." just because I like the Simpsons.
Wouldn't you know that Nag came in and paid $66 bucks on a $2 bet.
Good luck is out there, my friends.
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