Sunday, February 12, 2006 9:01:43 AM
xanadu...I do not know if JT said that or how anyone would really know what actually was gained from this acquisition...What is your take on the acquisition....The addition of DVDAVENUE in theory sounds great but I would have liked if the PR stated "GZFX continues its growth process with the purchase of DVDAVENUE.With this acquisition the company will add 25,000 titles to its current inventory, consisting of 2000 games,15,000 DVD's and 8,000 adult titles.We have arranged the purchase of the adult titles in the amount of $50,000 as it is not in the mix that GZFX wishes to represent.So to that end we have added 17,000 titles to our current inventory which is now over 57,000 titles.GZFX has added 4,000 subscribers as a result of this acquisition.As part of the acquisition Mr. Thomas will join our executive team to assist in the growth process.Although at this time we are unable to disclose the purchase price I can state that it was a great value at a mid 5 figure price tag." SO DID WE GAIN ANYTHING SUBSTANTIAL...The PR was very vanilla and leaves you wondering just what happened.Do not get me wrong I am happy something is happening but if this is to become a "GROWTH COMPANY" and play with "THE BIG BOYS" JF and Chip need to show investors specifics or their will be no investors just traders...This may prove to be a great deal but
it leaves me wondering......
it leaves me wondering......
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