That would be Tom Young.
He has a bit of a champagne lifestyle reputation so lets see how he goes on a beer budget with our scarce startup capital. I hope everyone in the company are not flying around business class on scarce funds.
The quarterly financials will tell the story of what cash burn rate is occurring and so how much time is left before income must stream in and create a sustainable company. Announcements of future income are one thing but are not necessarily to be relied upon as they are predictive and finalising binding contracts and then the systems integration of technologies can blow out early predictions made either in good faith or in haste.
Financial reports tell a bigger picture of background cost of doing business as they reveal trends that must be understood to drive earnings models alot of us as share investors use in various ways to track stocks. I am looking forward to that first set of metrics so I can start to plug in some quantifiable info and assess what the financial side of the business is now burning through post IPO.
Pre IPO the cash burn both in ODIN and and GAL eras for TV2U was sizeable so lets see what discipline exists in the business around all this now.
TV2 Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
