The joining of the dots have now been confirmed! Well done Mooter faithfuls!!!
Like we suspected the announcement confirmed:- Mooter and Hotshot partnership
- exclusive revenue sharing, Sales and Marketing Partnership with HotShot
- Market share potential With the market expected to grow at some $60 million per month to a total of $2 billion per annum by 2012, HotShot is clearly in a very lucrative space indeed
The additional key points that excite me and she also excite the market are:- The Hot Shot Media Group is a well-funded and highly resourced group. The group has raised significant capital and interest through the completion of fund raising rounds to well-credentialed and high net worth sources in Australia and internationally.
- only after a very significant lead time; and that revenue
primarily comes from advertising. Not so in the case of the HotShot model. It is
forecast to generate revenue from commencement and its financial success is not dependent, at all, on advertising income.- HotShot is also well advanced in the final selection of its commercial sponsoring partners. Those partners identified are iconic in name, global in reach and lend additional recognition, strength and acceptance to and of the product. Mooter will participate in all of these activities, arrangements and financial benefits.
- The Mooter Board has resolved to form a Special Advisory Board/Committee of the Company to assist, advise and recommend to the Mooter Board, ideas, concepts and planning strategies designed to maximize the value and revenue worth of the HotShot project and the operations of the Partnership. And these members bring experience from the following companies: Lightspan Inc, Sony Playstation, Hasbro, Shutterfly, Electronic Arts, and Yahoo!
Very Big Kev excited indeed!!!
:)
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