First, some here have to become honest with themselves. Until those investors do that, they will be helping to forestall any action that might be taken agains JG. These investors need to overcome the emotional stranglehold of BIS (see: gaucho).
Our investment is, for all practical purposes, lost--even if JG resigned and returned those shares. This does not mean that the company has failed; it only means that, for the company to move forwards, millions of shares will have to be sold, that the AS will have to be expanded and that a reverse split will be necesary. Thus, our investment is gone although the company is not.
We may have to issue over one billion shares, and then conduct a 1 for 10 or 1 for 20 reverse split. Then, we have to go back to square one. Build a website such as the one that was up at the beginning of last year, and go to a strict PPV VOD format.
Then we need to make deal with content providers who are willing to work in a format that allows us to succeed with them. Let's say, a 60/40 split on the favor, with all content priced at .25 interval, starting at .25. They give us the content they want. We use it if it is suitable. They get their cut eery three months. They choose the price level at which it is sold. Free content is free. Anybody can watch it anytime they which. For example, a show like Bonanza would be free of charge.
The home page is simple, and there is a link on it to the "Catalog". The catalog is divided into hundreds of sections and sub-sections, and the customer could spend hours looking at the available titles. It doesn't matter what softwares runs the website as long as these are user friendly and the product is high quality.
It is as simple as that.
