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Re: tigerpac post# 12057

Monday, 01/09/2012 12:36:58 PM

Monday, January 09, 2012 12:36:58 PM

Post# of 15015
<I believe there was a PR that stated Valcom had several large contracts that were pending and ready to be signed within the Oct - Dec quarter. FilmOn may have been one, but the others have not yet been disclosed. >

Just to edit my prior post and correct some information, this is VV's comments from the FilmOn press release.

"We now have 5 streams of revenue that we've created in the past month, and we have at least 5 more on the way! We're already creating cash-flow through Movies on Demand; DVD's are being sold in retail outlets across the country; songs are being downloaded on iTunes; films and TV series are being licensed to TV networks; and 2 albums are nearly completed that will be released by Universal.

So FilmOn is not one of the 5 pending revenue streams and the others are were not scheduled to be closed in the Oct-Dec quarter. They are just unknowns at this time.

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