Looking at their recent 10Q, I think it's way overvalued on speculation. Their revenues are very low and their expenses very high. They use shares to raise cash and pay bills as their content seems to bring in little.
The web platforms are already built and running. Hulu, YouTube and others have been operating for a while and have built successful businesses. To think that someone with negative working capital is going to compete is just wishful thinking.
A $10 million market cap, particularly with the questions raised by their association with Monk and the FLDs, is way, way too high.
All MHO.
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