RE: Facebook Connection20 Aug 2019 16:44
When artists tweet and I hope they do
That will come at a price too.
So far the most impressive thing about EVRH strategy is that we have almost bartered most aspects. Oculus Go advertising budget was in million too. Anyone who thinks they can launch something global without millions should take up Global Marketing job at any of S&P 500 companies.
So far, EVRH has had most things by way of contract so avoiding up front fee. Brilliant move.
So while it will cost us a lot in Tweets from Top Musicians, it will be paid through our earnings, possibly in less profit % cut.
That's absolutely fine because we will paying from what we earn.
This is one of my top holdings, I hope and am confident this company will do well for itself, investors and also for music fans world wide.
I just cant throw the economics and business out of window because EVRH is very good.
Marketing is expensive, it will cost a lot and we can afford it too.
All good.