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Thursday, April 29, 2010 12:12:03 AM
$17 Million in Base Business and at least $25 Million in new releases. Of which he forecasted at least half of that to be attributable to Happythankyoumoreplease.
So just in Film releases we only need $12.5 Million out of HTYMP and $12.5 more out of the others to meet forecasts.
Some people may not like "Twelve" but it getting released in 400+ theaters with incremental increases throughout summer is going to be a huge help to meet that number.
http://www.hsx.com/security/view/TWELV
Racing Dreams, if you look at the awards it is winning at almost every film festival, and the hopes of NASCAR endorsement. It has the potential to do similarly well as some films in this Historical list of all time box office takes for documentaries. Pay close attention to the documentaries that were in 200 - 300 theatres. Some of them made in and around the $10 million range. That is well within reach.
http://boxofficemojo.com/genres/chart/?id=documentary.htm
HTYMP has already been compared to "500 Days of Summer" which took $32 Million domestically.
http://boxofficemojo.com/movies/?page=weekend&id=500daysofsummer.htm
If Eric just meets his forecasts of around $40 Million. That gives us pre tax earnings of approximately 2 cents per share. Us a P/E of 20 and we got ourselves a 50 cent stock very quickly. Now if something does much better than expected, then all bets are off!
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