Tuesday, March 19, 2013 8:07:51 PM
the debts were either forgiven or bartered for some hidden perk now or later.
that's why, in all my posts, i phrase it as "debt reduction" not "debt payback/down."
re: "How much did all these B movies cost?"
i haven't found any specific figures online, but assume they are all SAG ultra low (under $200k).
some have posted they are sub-$100k budgets, which is possible, viz: blair witch ($60k), el mariachi ($7k), etc...
if SJF sells $250k worth of foreign market licensing/streaming/etc, they profit on the project.
re: White Space, we have ample evidence the film was shot.
we just have no idea when it will wrap post.
rumors as ever of a trailer completed, but only rumors til it splashes youtube, which probably won't happen until the distributor (buyer) sets a release date and plans the marketing campaign.
re: 10Q, those were numbers thru last sept. we first heard talk of the VOD services last summer, so the receivables might not have landed until fall.
that said, if we don't see VOD revenues on the coming annual report, we'll know someone lied somewhere.
99.99% of all pinks are scams. Best to assume the other 0.01% are as well.
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