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Friday, July 30, 2010 7:59:31 PM
Mark has answered other people's mails. He might just not like me. ;)
Seems more likely that he either didn't like the idea of low budget filming, or simply had already decided to R/S.
re: Turning point, there are certainly many hype-worthy irons in the MIKP stable. imo, The issue at this point is "boy who cried wolf" syndrome. ie: People like the ideas, but need to see some tangible revenue potential after a year of treading water.
Agreed that EESO model is apt. But EESO runs rode on Kistler/Carnes' expertise. And they may be on the sidelines at this point after the SEC scrutiny.
re: Post R/S price, realistically most stocks tank after an R/S because everyone knows the CEO only did the R/S so they would have a new OS into which to dilute.
The only way I see MIKP not tanking hard post-R/S would be Mark having a slew of PRs lined up that outline a credible production schedule for Horse and/or Dresden, etc... with budgets feasible via nominal dilution of the new OS. At this point, people will be rightfully dubious, so Mark will need to sell the full vision, including cast and crew info.
With an R/S on record after a 1b AS increase, the savvy will assume Mark is just another dilute-and-flush pinkie CEO. And he'll need compelling evidence of a real biz model to convince anyone otherwise.
It's sad, as I do believe Mark does want to make films. But, in any industry, a CEO's credibility and track record are the foundation of his potential to make deals and raise capital.
In other realms, my thoughts are with you and your mother. Any positive progress therein?
99.99% of all pinks are scams. Best to assume the other 0.01% are as well.
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