Replies to post #8280 on Mike Lindell Media Corp (MLMC)

[bambino]

I respect your opinion! The key is if GZFX can perform, assuming the market share is available for them to be had. They need to execute flawlessly IMO as a new player to gain traction to grow as a real viable financial performing entity.
I am just not sure they can especially with the lack of distribution centers, there may be pockets where they perform because the distribution centers are logistically near, but overall one can safely assume the speed of their deliveries will be slower, that's not to mention whether the inventory at Ingram is stocked well enough to support customers with the new and top rentals? I realize they all have problems in this area, but GZFX may be at a disadvantage in this area?

The bottom line is if GZFX needs to drive the traffic and get the trials and then convert them to paying customers, and then provide superb service to drive referrals. A tall task based on the track record thus far, but that's the gamble, if they can pull it off, they could be the little engine that could. Are they ready? I am not sure they are!

[bambino]

Below is an excerpt from a recent article, this spells out why there is great risk with GZFX as an ongoing concern.
Where is the cash going to come from to keep it afloat?
This is not a bash, but a real issue.
.............................................................

"It's no sure thing that GameZnFlix will survive to see the industry take advantage of that promising dynamic, though. The company said in a recent quarterly filing that it has "a substantial need for working capital" that, combined with other factors, "raise substantial doubt about the company's ability to continue as a going concern."

GameZnFlix posted losses of $4.7 million in the first half of this year on revenues of about $58,000. Officials say losses of this scale will continue for at least the next six months.

Complicating things more is that a price war is starting just as Fleming and his team looks to establish their brand."