Wednesday, April 18, 2012 4:54:03 PM
I see nothing nefarious about this PR. Perhaps it was prepared April 11 and held until Gravitas was fully signed on. We really don't know. I am disappointed, because I thought the Vail winner might deserve a better shot at theaters -- or at least a speedy move to DVD/Video. But I think your concerns are baseless. Gravitas is a solid partner, and the market cap here is now under $1mm (apart from some paint jobs). Some other poster suggested 003 as a target price. That would be a market cap less that what Eye's profits might be from this one movie.
Smart money saw this coming and already sold off. If we get to that 003 target someone posted, I'll be a buyer.
Wadi
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