Once again, I think the IR guy (Carson) showed his inexperience when it comes to financials. I, for one, would not rely on anything that knucklehead says. For any manufacturing company, they should not account for sales until the product has been delivered to the customer who ordered it. What they do have, in financial terms, is a backlog of orders, but not sales. Perhaps they will develop into sales in the future, but one cannot and should not book these as "Revenues" until they are delivered.
My guess is that TVL's waiting to get a critical mass to ship over from Korea and doesn't want to waste advertising dollars until they can get product on the shelves. It'd be a huge waste of resources to do otherwise. Also, the increased encoding will help. I would imagine the experience of PG would show that TVL's approach may have been better. There's absolutely no public awareness at this point and I would bet PG has sold no more than a dozen boxes at most.
The whole program of encoding/ratings/etc... needs to gain some momentum and then you want to capitalize on it.
So, TZ old pal, I actually do agree with you on "Sales". And, once again, I would caution relying on Carson for anything indepth (or for that matter superficial too). He's an envelope stuffer, that's it. |
