happy faces, page-8

Chillia

Glib answers aside - you asked for info, Im giving it to you. I think the EGM timing and whatever is going down are co-incidental (ie occurring at the same time) and each has been driven by a different agenda.

Add to that as to the "why" Maylords shares were'nt issued, and the only logical answer I can come up with is a takeover, merger or new major shareholder.

Taking "as read" that staff costs and overheads are down, in order for the company to be "fixed" it needs (and Im being broad brush here):
*Reduction in Hollywood Minimums, whilst simultaneously allowing access to *more* product (Catch22)
*Marketing strategy for online customer acquisition
*Marketing strategy that includes bricks and mortar for the Media Centre Set Top Box

Once some or all of those are done, the company can provide the market with some assurances that its business plan has long term viability (unlike say QFX who admit their model is a ticking time bomb) and it can then secure cash at a better price.

Thoughts???