1. No one knows the terms of these contract yet. Could be 36 or 60 months terms. Value of contracts will spread out amongst the term. Term could even be for one year with an option for additioanl years.
2. Again, it's only your opinion that assets are worth .15 to .75 per share . I believe otherwise.
3. With this library, I think Netflix is a pipe dream.
4. I think dividends is a pipe dream.
5. Calling the management team, directors, and financial backers "top notch" is bit of an overstatement don't you think? IBM, Exxon, Catapillar would be top notch. I think your opinion is slanted because you have made money on this stock.
6. My Family Network worth several hundred million in a few years?? What do you define as a few years? Two, five , ten , twenty. I think that you are forgetting that it costs a lot to maintain their production studios. Others networks will be grabing the lion's share of current programming leaving only the unwanted scraps for Valcom.
7. My opinion is that IF Valcom ever does make it, it will become a personal piggybank for it's financial backers and I do not mean stockholders.
<"...Close to $1,000,000 in "NET" contracts not
recognizable in 3rd quarter that will be booked
in the next quarter..."
Assets very conservatively listed at $.15 per share
(but could be worth $.75 or more);
-Debt has been reduced $300,000;
-My Family Network to expand into major markets in
fall (resulting in inccreased advertising rates);
-Monetization of library assets has begun, with
possibly 50 record deals by year-end, joint ventures
arranged by Valencia, (NETFLIX?) etc.etc.
-Collection of delinquent royalties may result in
$ 1-5million income (possibly distributed as dividends);
-Financing is in place for expansion;
-Top notch management, directors and financial
backers;
-Exciting industry which is experiencing revolutionary changes
(streaming media);
Did I leave something out?
If anyone knows a better deal in Pinkieland please
let me know... Worth only $.06?!!!! I think not...JMO
And oh yes, My Family Network now has no debt and
may be worth several hundred million dollars in a
couple of years...>
