News Focus
News Focus
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Toby2

02/02/15 12:04 PM

#23242 RE: RxDrEdwards #23241

I have to agree with you. I wish we both were wrong lol
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ADVFN_blackj

02/02/15 9:29 PM

#23247 RE: RxDrEdwards #23241

They sold everything that you seem to think had value. None of it did in BK hands. That being said, Launch TV's only value rests in the hands of it's current majority owner. He bought Launch TV when it was nearly bankrupt however, that too has now changed. Mr. Chen has the content and the cash flow to get this in the right direction which is what we all have hoped for. His true interest in Launch TV was to get footing in the US market. Soon the plan will be laid out to all. I am not pumping this stock, I was just in the business for a long time. Also, this is not by any means a short term investment.
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AvocadoGreen

02/06/15 9:38 PM

#23261 RE: RxDrEdwards #23241

sums it up pretty well! Wish prospects looked better....
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ADVFN_blackj

02/08/15 10:33 AM

#23264 RE: RxDrEdwards #23241

Again, the news is coming. Again, what he had in terms of what you said as value had no possibility of working in BK's hands.That also, holds true for Launch TV. Holding companies are not operating companies, they buy revenue streams. Now that he sold it to a company who can do something with it he is freeing up his focus and now focusing all of his attention on Launch TV.
The good new here for all who bought at these levels your investment is soon to turn into a treasure. Sit back and be patient, as none of this is going to happen over night.