They are partnered with DD Presents and SFXE on most of their shows.
In this arena SFXE is and will be the go to company to secure EDM artiest.
NGHT's completion is whom ever else offers kids from 18 to 30 alternative entertainment in the Texas Market, other clubs, rodeos, country music festivals or however else young Texans entertain them selves.
The real question is can NGHT pay the artiest (these guys are not cheap), pay SFXE their cut, pay the overhead and still make money.
Finding the answer to that question is why Im here on this board and observing this stock.
Time will tell, but we wont know anything until the next Audited Financial statement.
Proclaiming that your selling lots of tickets and have a great venue thru stock promotion companies and websites means nothing.
I've been involved behind the scenes in Large Music Festivals for over 10 years and Id say that over half of them in fact loose money.
The successful ones are spectacularly successful, literally raining money on the successful promoters.
It can sometimes take years for a Festival such as Something Wicked to make money. Sometimes as long as 5 years are spent building up a successful core audience.
Music Festivals are a rich manes game and its my wish that NGHT
is successful.
Thee next quarterly statement will give us the information that we need to know. Hopefully they fill it in a timely fashion with
CPA's that the investment community trust.
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