Looks like Eric wasn't joking a while ago when he mentioned that they have a million dollars in orders for Racing Dreams. Now, if this is an independent documentary and they are distributing it themselves and managed to get a million dollars in initial orders, how much more will Twelve do being distributed by TCF?
Also, I may need some help with my math, so can someone help me? I believe HH paid in the low 100,000s for Racing Dreams - possibly less than 100,000. They put about 250,000 into marketing it and releasing. That's at max 350,000 to let's say 500,000. They have a million dollars in orders via DVD. How much profit is that? See, I'm having trouble figuring that out because all I've been told is that Racing Dreams bombed at the theaters. I'm so confused now because it seems that Racing Dreams is profitable when all I've been told is that it was an abject failure.
We'll be going through this same exercise for Twelve too. And to finally put this all together for you, what do you think this profit is going to do for the PPS of a company who currently has a market cap of $11 million? And save your "where's the audit" drivel, we've heard it all before.
Feel free to talk amongst yourselves.
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