Well, I have been very busy today and I thought I would take some time to inform you guys and gals about my 1.5 hour conversation with John Fleming today on the telephone.
Fist of all I want to say that I appreciate John taking the time to address a lot of my concerns. We covered a lot of territory this morning. I have to say that my view of the company and the man behind it has changed to the positive even in the face of my investment being down over 95%. So, for me to feel this way, I had to be impressed.
I told John that if he was able to get onto an interview and be as much himself in his conversation to the public as he was with me today that a lot of people would change their mind about him.
Read my lips "No Reverse Split Planned". To qualify that statement I will tell you that he informed me that it would serve no purpose to do such with the stock price so low. It would just harm the shareholders and that is not what he wants to do. By the way he has a significant amount of his own money invested into the stock of the company. So he would be hurting himself as well. Some have wanted him to do a RS, but he says no cigar or No Way.
Look for a public broadcast in September that will enlighten us as to the status of many issues. Maybe Marketwire will be used. He told me that the next few months will be business as normal and it is a business that does not require a PR very often.
Chip left for personal reasons and we are not back filling his position. That will save money. I say hopefully the marketing will get better since he departed. He was in charge of it.
The company hopes to continue to grow Subs and keep them even during this slow time over the next couple of months. Did I tell you that September will be very revealing for us?
UK is on hold but ready to go. I really appreciated hearing that information. I always thought that we should concentrate on the US market first and foremost.
Moroch did their job and the company is doing what they can to take advantage of what they learned in the study. Remember it takes a lot of money to go super big time from a marketing perspective.
I actually gave John an idea I had regarding marketing and he seemed to get it, appreciate it and was going to see if he could act on it. So if you are so inclined, email or call him to give him ideas. You never know where it may lead to.
We will be going to one TV channel instead of two. No need to have separate channels for the programs we offer. How they will split it up I do not know, but I got the impression that Gary H is very busy and they are promoting and getting sales for the programming around the nation.
VOD will come sooner or later. The studios need to realize that revenue sharing is what they should look to gain and not try and get paid a bundle up front for the right to air the movies. When they come around that business will take off.
The dilution has slowed tremendously and that is a good thing. I got the impression that the shares are only being sold as needed and that John hopes to get revenue generated in such a manner that we will not need to go to the well anymore.
Bottom line is that he called me after I asked him to and I respect that. Gameznflix is building a business and it is in the growth stage. Had they not gone to the SB2 financing they would not even be as big as they are now. It is not the preferred method of finance, but if you have a real product that can grow and flourish you can make it happen for the shareholders over time. We are all big boys and girls and we are here to make money. So, I say let us give it a chance and see what happens. I have a positive feeling after speaking with John Fleming today that we may all be looking back down the road and not believing where we came from and how far we went up the growth latter. My glass is going to be half full even if my investment is down over 95%. Stay positive and look on the bright side. The alternative is not a good one.
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