An interesting thought I had after listening to the replay again.
First, the money from the initial layout for the Morton Downey Jr. show has been recouped, so the worry for me is gone.
Second, sponsorship has already been established. From my talks with the company, some of the major players behind the production are industry veterans coming straight from HBO in NY and CBS. Aside from the tremendous exposure that Firamada would gain, the cash flow potential is HUGE!
If I am not mistaken, Ira said that Firamada's portion of the royalties would be around 125k per show with only a 1 percent market share. If the show flies at all, that could easily add tremendous value to each share that everyone owns, since it would be pure pre-tax profit.
At a conservative 125k a show * 5 days a week = 625k.
The show starts in April, with only half the year that might come out
to 625k * 26 weeks = 6.25MM. Take into account the tax and that's almost .10/share. Someone tell me if my math is wrong.
Personally, I have seen his latest incarnation and it is more likeable than the last. I hope the show flies because if it does, the acquisitions possible with that amount of cash is staggering to my imagination.
Also, I am personally quite pleased to see how their IT initiative is doing, so fresh out of the gate and 2 contracts with huge companies.
Aside from the core businesses, this MD stuff might be rich gravy.
Jin. |
