FrankSpeech Network Inc (FSBN)

[fibinacci]

Translatr, here is my guesstimate for 1Q:

Avg. Subs: 25000
Revenue: $1,277,279
Cost of Rev: 528,835
Gross Profit: 748,444

Advertising: 692,158
Consulting and professional fees: 684,522
Depreciation and Amortization: 514,675
SG&A: 1,061,351

Net: (2,204,262)
O/S: 6.7B as of 4/1/07

"Insignificant" revenue from GNF Ent and VOD in 1Q.
Brief regurgitation of previous PRs to show everything that happened in 1Q in regards to GNF Ent and VOD.
350,000 spent on DVDs/Games and fixed assets.
770K note has been paid, limiting cash from warrants to 1.8M ($17,000 converted).
Same BS story, different day, but all according to plan.

I don't expect any miracles in 1Q. Things won't look good until 2Q or 3Q when sub growth approaches 40K, we see revenue from GNF Ent, and the loss/qtr is significantly reduced.

I believe we are at a turning point. The company's performance will begin reversing towards break even. As long as JF doesn't decide to add more business units and doesn't do anything stupid to increase costs, we should be okay from here on out. A year from now when subs have reached 85K, revenue is coming in through GNF Ent/VOD, we have $0 in debt, and JF no longer requires warrant exercises to keep the business floating, we'll all be laughing about how worried we were about the O/S and we'll reminisce about the days when you could buy millions of shares at 0.0005. Okay, somebody slap me now.