InvestorsHub Logo

tchalla

02/07/18 2:23 PM

#7808 RE: mymonies #7779

sorry, but the os is nearly $500 mil and there is not way this company is worth anywhere near that. heck, Brad Pitt's movie production company isn't worth $500 mil. hilarious. but, good try. mves is in steep debt for the size of it's productions and the failure to date of marketing them to a viable audience. from what i can tell, it's because the content sucks. and, nothing anybody in the otc can do about that. meanwhile, they are taking more debt to pay their bills, as they are bleeding out really bad...to the tune of nearly a $10 mil accumulated deficit. that is HUGE. they don't have the money for any quality content production, so they are turning to amazon in an attempt to generate a few more dollars. doubt it will produce even a few thousand subscriptions for mves. till then, the bleed will continue as will the steep borrowing. movies/media is an expensive business to operate and profit from. most fail.