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Re: Eric3333 post# 18057

Sunday, 10/12/2008 10:41:50 PM

Sunday, October 12, 2008 10:41:50 PM

Post# of 20076
I agree...we're very close now. In their last report they said that they were in negotiations with some broadcasters for distribution deals and they expect rev traction by the end of the year. It's safe to assume that they have been negotiating for at least 4 months now. And rev can only be realized once a show airs, which gives them little time to get one on the air with production etc. So, we're at a time when we can expect a significant announcement, imo.

While I expect a strong report for 3Q08, they will also have increased expenses with their new offices, but they should certainly report a nice profit.

On the TA side...there is a nice positive divergence building between the A/D line and the ChiOsc line on the daily chart. Very similar to Aug 07. I think we're coming into the beginning of a very nice run! GLTA!!
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