I did too Mad and watching the “other” winning plays bolt skyward suuuuuuuucks! I’m waiting for some kind of clarification on “if/where the profits are ?? Hopefully we get some good news soon $$
$ABQQ Agree with all of that as the CEO was spinning a very positive revenue story via "X" and has now gone silent??
ABQQ@ABIntlGroup It is strange that all of our shareholder investors have had no reaction to the business progress we have updated here. Reply Travis@Travis77955789 Feb 13 The news is great but we have no reaction because we have no clue what percentage you are making off these movies and the swift era they seem to be making alot of money but what is $ABQQ getting ? If we knew this we would be excited and people would buy and the stock would go up
Well Deng stated in a Tweet ABQQ@ABIntlGroup ~ 11% of the box office receipts 1:11 AM · Dec 10, 2023 1,298 Views
$ABQQ as per CEO distribution rights in China and for the Taylor Swift Eras Tour is 11% Revenue of All the Box office receipts in 7000-10,000 Screens throughout China, Worldwide every showing in every Country has been sold out making it the biggest cinematic tour in history pic.twitter.com/55aMQFg4hm
Since this information was made in an email reply (link above) and not a public filling, I'll point out that if it takes 9 months to post this revenue it won't be on the books until Spring 2025 if they raise the $10m????
Reply: The $10.8m estimate revenue is based on an investment of $10m. Because the company still needs to raise US$10 million to participate in distribution investment in the Chinese film market, this quarter's revenue won’t to reflect related performance.
The box office settlement will take up to 9 months to complete, and the income of investment companies outside China must go through legal transfers to outside before they can be included in operating income.
All investments need to be implemented in accordance with regulations to receive income.