Imagination TV Inc. (IMTV)

[mikenmtv]

I originally asked about the annualized number....

But that is ok... I appreciate your 2012 Q4 guess, I think everyone's model on the long side must suggest expanding revenues going forward.

I am just trying to think clearly about future PE and understand that this is a baseline. The other thing I will look for is the cost basis of the revenue. Collins has said that he creatively used some type of stimulus funding to pay salaries last year. I got the sense from that discussion it was a front loaded program....in that ultimately the funding was none recurring and that jobs created under the stimulus were to ultimately be self sustaining.

TV programing is not free. You have to pay for content, commissions for ads, setting up the stream and communicating the programming to the affiliates so they know when to show the local spots....I am not a TV guy... but I think it takes people to do that kinda stuff.