They have a couple million for production of Random Walk from LP's. Limited Partnerships are how films are funded. Never company cash.
According to the lastest filings, I don't see anything about "Radom Walk." Also, I don't see a couple million for it in their most recent balance sheet.
They also have other films to announce I'm told as funding for $10m+ film has been 100% commited.
I hope you're right. And I also hope the company is not telling you this without putting it in an 8k first.
Also new acquisition of existing film production co or JV with them will keep the cash flowing.
As I've said, the future looks bright.
Why so negative?
This is what I have heard from the company: "Since inception, we have earned no revenue, and have suffered recurring losses and net cash outflows from operations. We expect to continue to incur substantial losses to complete the development of our business. http://www.sec.gov/Archives/edgar/data/1242513/000130368109000054/amp_10q063009.txt
Over, 03
Do you have former or concurrent alias(')? Don't be afraid to let the board know.
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