ALL Investors - more from Dino in an email to me
" Yes the technology has been around for many many years, but, chris has
been constantly improving the technology. Moreover, chris has not just
been recently hired or consulted with, chris was the first person
Michael met with when he started this in 1993. He has been there every
step of the way.
Regarding a marketing plan, well sorry Mr. Lowry, that is what my
company does and for me to spent an hour writing a specific marketing
plan for nvxe, (which i have actually done several times for them in the
past), would not be prudent at this time. Regardless, Ray, Rich, Jack,
Andy, Herb and Gary have all they can do containing damage from the past
mistakes and bad deals. I personally feel that they are on the right
side of that and the company has nothing but growth opportunities.
Will they make hundreds of millions of dollars? Probably not in the
next 24 months, but it will not take that kind of income to turn this
company around and make it profitable for all. Unlike hollywood, which
i have been in for 11 years, there are no bloated ego's, no 1/2 million
dollar base salary guys there at nvxe, these are hard working guys
looking to get paid on the back end. If you saw the films and the
reaction from the audience, you would too go work for peanuts and push
for the future.
I may not be as savvy as Mr. Lowry, I do agree that some of the
information in the posts were very naive representation of the
technology and it's potential, but you see there in lies the
opportunity.
Hundreds of people know of a better system, bigger film image, more
brightness, sharper image but billions of people have never seen
anything and have nothing to compare it to. they get excited just seeing
bad 2D on the side of a building in the middle of the night with a 80
year old projector standing with 5000 other people once a month. If you
study market pernetration and saturation on a global scale you will
realize the true potential of any entertainment product not just nvxe
3d. As americans we take these things for granted, but the truth is why
should the U.S., France, Britian, Germany, Canada have 90% of the
screens world wide when we only represent 20% of the people. DO people
in other nations completely hate the filmed entertainment experience? I
doubt it, so major comglomerates are buying up theatre chains faster
than they bought up internet companies 4 years ago. Example is the
recent purchase by KKR. KKR's is savvy enough to know that since 1991
the 50% mark was reached on theatrical exhibition overseas, whereby 50%
of the total theatrical gross was derived from non US exhibition. Since
then it has been steadily climbing and it will continue until the US
market is just a little part of the equation.
now how does this relate to nvxe, well once they get a little cash, they
will be able to travel to these markets and sell their systems to a
small portion of the market. Moreover, they will be able to create new
content which will take advantage of those points of distribution.
Chris condon is working on that distribution system everyday. (so I am
told)
Regarding the 55,000 screens, well my source is the FILM JOURNAL
Exhibition issue which survey's all of the theatre owners world wide and
presents the number of theatres owned and the number planned for the
next 24 months, my figure includes the WIP (work in progress), (I
thought that is what investors do...account for forward revenues). He
may just read the hollywood reporter like most hollywood wantabes. Dig
deeper bro, and get off your high horse, yes IMAX has millions of
dollars, but there inherent technology is flawed, they love chris
condon's technology, which if you read the hollywood reporter article
from woodstock 1994 around mid august 1994 you will see that in fact an
IMAX executive was very impressed with the NVXE theatre and
technology...cut to 18 months later they release their first 3D film.
why is IMAX ahead of NVXE regarding 3D tech, 2 reasons, one is money ,
two is michael focused on getting a TV deal and disregarded the
theatrical potential. but the bottom bottom line folks is there are
only a couple of hand ful of 3D theatres operating world wide, the
market is wide open.
if your capital in this company is truly risk capital, keep it in, two
or three deal s and this thing is at a buck or two, show me that with
IMAX or IWERKS, they sold there souls years ago, the people that got
rich from those technologies got rich years ago, their stocks are dogs,
their costs are too high and revenue growth is hampered by executive
descision.
A well placed Disney exec. once told me, if a new idea or new technology
comes out, for us (disney), it is like stopping an oil tanker in the
middle of the ocean to turn around for a man overboard. it will take one
mile to stop, then a .5 mile diameter circle to turn around then
another 1 mile to return to the area, in the north atlantic, the man
overboard is dead by then...Disney is the tanker and NVXE is the little
speed boat, when things change they quickly react. Disney has just
announced it's first 3D theatre, can't exactly remember where or when
but the point is they are back onboard, the pressure is mounting but
there will always be a niche market for nvxe and the little guy.
remember even though the big guy is in the theatre exhibition business
there is still room for mom and pop to run a movie theatre in every town
in the world.
Go NVXE GO!"
My sentiments exactly Dino
Gary |
