Tuesday, August 17, 2010 6:43:38 PM
Do we still own HTYMP but are delaying because of issues.... or is it lost?
The Producers of HTYMP wanted to release it in 800 theaters plus spend about $5M on P&A for it. With how Twelve turned out, this was too risky for HH so they mutually agreed to separate on the deal. HTYMP would have been the same approach Twelve took, but using a lot more money.
Is Twelve a total loss or can it come back later during this month in more releases or thru DVD/VOD?
From previous talks with EP, there are still some bookings for next week and the Labor Day weekend, but it's a lot less than what was originally planned. We'll see how the current advertising efforts turn out. As for the DVD/VOD release, we will have 20th Century Fox help on that, so all may not be lost yet.
The Terminator, I do know we are waiting for the results of the mtg and probably future mtgs.
The meeting should be going on right now. Unless Pacificor totally rejects or accepts the idea today or tomorrow, I think the less we hear for now, the better it looks for us. That must means they are still negotiating and could come to an agreement.
The financials that everyone is so nuts about won't show anything important other than a year ago's figures when the company wasn't even fully funtioning. With the financials we may be able to move to the OTCBB, but other than that I want to see what is happing going forward not backward.
What the financials will do is assure many of the fence sitters that yes, TDGI does hold $xxx book value right now.
