Something does not seem right with this report.
It is highly unlikely that it has been "advertised," unless there is a distribution agreement and it is unlikely that there is a distribution agreement since NVEI has not reported one; it would clearly be a material event. It is highly unlikely that NVEI would not have publicly disclosed it if there was a distribution agreement. A distribution agreement would be meat, not fluff.
Although it was passed on as a news story, a true "news" report seems even stranger. What is newsworthy about a movie that has no present, meaningful ability to be shown, i.e., no distribution agreement? It is unlikely (at least NVEI shareholders better hope so) that the JV is planning on putting it is theaters on its own without a meaningful distribution agreement. So, without a distribution agreement, how could it reasonably be reported as "coming soon?"
If this was a "news" item and there is no distribution agreement, then this seems, IMO, like the same kind of "we need to drum up interest where there isn't already enough" news item as the last NVEI press release about SIL.
The "friends" indication for MSFT also likely seems like fluff. If it was a material event, you can sure bet it would have been included in a press release if not a filing.
The only thing, IMO, that is meaningful as far as SIL is concerned is a distribution agreement; everything else is fluff. Although most folks probably figured that "the end of summer" meant the end of August, giving NVEI the benefit of the doubt that it meant 9-15 or so, that date is coming soon with little indication that a distribution agreement is imminent.
NVEI really needs SIL to be more than speculatively "coming soon." A meaningful distribution agreement would go a long way towards creating some objectively reasonable trust and quelling some lingering suspicion.
Troy
Troy
Those who shoot from the hip usually end up just shooting themselves.
Plan the grub and grub the plan.
Where is the party tonight? Who is bringng the drinks?
