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Den

04/16/14 10:33 AM

#30087 RE: Den #30086

Mr. Siegel : "In closing, we are confident Mindpix has the media services offering, top-line revenue generating strategies, staffing and pipeline of revenue-generating live and VOD events to become the ultimate provider of media services to music, entertainment, sports, and U.S Hispanic media properties worldwide. We are moving steadfast towards this goal. On behalf of the Company, I wanted to thank our shareholders for their continued support. We look forward to sharing in our successes with you all as we move Mindpix forward."

Inorout

04/16/14 10:53 AM

#30088 RE: Den #30086

Victor Siegal produced $0 revenue and posted net losses of over $3.6 million for the year. From an operational standpoint, that's actually worse performance than Roxanna had in the prior year. While Roxanna posted net losses over $5 million the year before, almost all if Roxanna's losses were due to the compensation she awarded herself. Which begs the question, how could Victor lose on average, $300,000 per month and have $0 in business?