InvestorsHub Logo
icon url

MattyTrader

05/12/14 3:02 PM

#24790 RE: skyking4130 #24788

Eyes on the Go, Inc. (OTCQB: AXCG) Revenues in an Uptrend
SHARE THIS
Add to Delicious Share on FriendFeed Digg submit to reddit
TAGS
AxcgEyes On The Go Inc
Eyes on the Go, Inc. (OTCQB: AXCG), who owns GANDER.tv, a rising force in the online video industry, announced on Friday, September 27th, that it had seen a dramatic increase in web traffic, which had a positive impact on revenues. Extrapolations of future quarterly revenues remain optimistic at this point as the growth has noticeably continued.

AXCG reported that traffic to their website increased by 570% in just under three months. Due to their monetization strategy of serving online advertisements, pay-per-view programming, and sponsorships, their revenues also increased by 500% from Q1 2013 to Q3 2013 as well. The rate of content creation has risen from 75 live and recorded events per week to over 160 pieces of video content weekly; creating many more opportunities for viral marketing. The company currently has over 270 hours of original video content hosted on their websites.

Chris Carey, CEO of AXCG, remains optimistic about the future of the company. In the most recent press release, Mr. Carey stated, “We expect our revenues to grow again in Q4, as we should reach as many as 300,000 views by the close of the year. This should put us on track to possibly break even within the first quarter of 2014, and, perhaps see our content approach 1,000,000 views.”

Well, we far surpassed traffic expectations, so unless Chris was way off base with his "break even" predictions.. We should be close!

With the company being based in New York City, there will be no shortage of new content to record and upload, leaving the site with the ability to grow as rapidly as their revenue stream will allow. At current growth rates, Mr. Carey anticipates profitability in either the 2nd or 3rd Quarter of 2014. As things progress, AXCG is also building relationships with more clubs and artists, which will aid in the addition of new content and special promotions in the future. With these fundamental developments in place, GANDER.tv could grow very rapidly.

Internet video distribution is a booming industry, with household names such as YouTube and Vimeo as the front runners. There are plenty of opportunities for niche sites like GANDER.tv to seize, as even the web’s top competitors leave something to be desired. GANDER.tv offers an innovative new platform for clubs and artists to augment their own income, which could be just the incentive needed to induce the entertainment industry to take advantage of AXCG’s growing video platform.
icon url

Fortrav

05/12/14 3:08 PM

#24791 RE: skyking4130 #24788

. Initially Chris said he was going to focus on NYC through 2014, however, he recently IMPLIED that once we break even he will look at TRYING to get into another city. I have been saying from the beginning that this is a " long term" investment. 12-18 months minimum...not that long in the realm of life... BUT, whether we have broken even, or not, surely we WILL during Q2, only another 90 ads... So, how long can most peeps keep their finger off the "sell" button?? If she drops. There are plenty of us ready, and willing to grab all we can. I would like to see her explode, but on the other hand, I sure wouldn't mind doubling/tripling my position at reduced prices... A nickel by Christmas.... Just hold on folks and don't expect the moon next week and everybody will be ok... It took many people thirty to forty years to make a million bucks but if you are strong and support this company by purchasing their stock you will be rewarded- just not immediately...