Replies to post #121307 on Viva Entertainment Group Inc (OTTV)

[BrokeAgent]

There are different payment plans.

[Imott]

Knowing JF as the King of Mediocrity, he probably doesn't even pay enough hosting to support 1,000 simultaneous viewers. http://www.tikilive.com/hosting

[NorthTrail]

He was giving 1st month free then.

[BrokeAgent]

Not if those subs got the first month free or chose the $21.95 package, which I believe was $15.95 in the beginning.

[ChampionOfTheSun]

Well lets do simple research. You shouldnt be using 34.95 gross revenue when recalculating if tiki gets a cut right off the top (nor use a completely wrong $39 estimate as reflected in that math).

We should use net revenue, which subtracts their cut. Further, as you can see, cost of goods sold is not a listed line item further solidifying the use of net revenue in this presentation.

https://www.investopedia.com/ask/answers/102714/what-are-difference-between-gross-revenue-reporting-and-net-revenue-reporting.asp

Also, that 1100 figure was not in oct. The last update from october was 650. If we averaged 400 subs and $20 net revenue, then that would be $24k (the amount reported for q4)... a few other ways this can be approximated closely depending the extent estimates for promotional months are involved, other packages, or total net revenue estimates vary.