Thanks for this
@Frightz , to me it looks quite obvious that they are using Linius but I will try to dig a bit more as I might have a call with the chairman by the end of the week.
I emailed the company and the one worried who have questions should do the same, I will share a bit of it with your here:
WarnerBros / Universities (Cognitive Search):
Still in our beta and trial phase with both Oklahoma State University.
Announcements will be made when more information is available.
SaaS and delay: Quite frankly, this is a little annoying to us, too. Internally, we’ve been ready since that proposed date, but we’ve been having some challenges with external vendors. We expect the commercial launch of LVS imminently. That said, we’re pleased with the response the beta has gotten, and are optimistic about the platforms long-term contribution to the business."
NTG & Revenues: "For the first time, we’ve been explicit about revenue... Given our track record with NTGs, we are confident in our ability to hit these".
We also didn't have any news regarding the "Advertising" part of your product in the last Ann. Is it still in the pipeline for this year? As previously announced, we’ve shifted focus from advertising to LVS (our SaaS platform). We are still believers in the applications of virtual video in the world of advertising, but believe this is a better use of capital at this point in time.
Advertising: Still on the pipeline but as announced, shifted focus from advertising to SaaS (LVS) for better use of capital at this point of
time.
New Website: Launching it in 3-4 weeks.
As a webdeveloper/webdesigner I will discuss some display glitch from there actual website but can't wait to see the new one and I guess their will have a link straight to the Saas Platforme
So IMO, everything is well on track and they're still confident about their 3-6 months to close the 6 revenues generating. All good there.
In other hands, regarding the release from escrow, I can't see these guys with loads of options & shares dumping them on the actual market. They will need to wait for a while before to offload some and have a much better healthy depths to do so. I keep my >20c target for Q3 here.
bk6n
(20min delay)