1. Total number of attendee this year were approximately 75 ,much higher than last year
2.Beside ROBERT and FRED we saw COCOMELLI , PAT NUNNALY and ERIC POLIS
3. FRED FALK COMMENTS
-A lots of accomplishment within last 14 months. So much going on ! WE were specially very busy last
2 months .DIGECOR was major distraction for us to the extent it interrupted with our business
opportunity and some AIRLINE business activity.
-Finally we got rid of DIGECOR cloud and as of today there will be no future appeal and as per our
attorney the case with DIGECOR is completely over and final . (applause by audience )
Numerous airline deals are in the work for eVU players. Those deals dramatically will improve
our financials.We will announce those airline name shortly when we start the service.
4- in regard to financial
MARCH 2008 SEPTEMBER 2009
cash $122,116 $2,616,717
debt $1,544,008 $96,900
gross profit $1,544,008 $6,543,951
income before $1,719,067 3,355,486
tax
4- e.DIGITAL staff reduced 40 percent. Now we have more efficient work force ,focusing for near term
opportunity. Our operating cost reduced from $250 ,000 to less than $ 150,000 .
5- In WAEA show we had great meeting for our new eVU business. We have business deal with
LUFTHANSA , AUSTRALIAN AIRLINE ,CORSFLY ,TUIFLY ,MALASIAN AIRLINENEOS ,ITALY
NEW US BASED CARRIER ..... ( us carrier trial is in progress )
6- MEZZO sells our eVU fully loaded with contents and also customized contents as well.
7 - MEZZO sells our eVU to LOT POLISH , ARKEFLY ,TITAN ,AIR SEYCHELLS and JET AIRFLY
8 - There is one major international trial (VERY LARGE ORDER ) in progress.
9 - One major difference between eVU and DIGEPLAYER . DIGEPLAYER contents are extremely old
compare with very updated content in eVU.
10- WE NOW HAVE 3 REPAIR LOCATIONS !!!
1 - KUALALAMPOOR
2-UNITED KINGDOM thru MEZZO
3 -FRANCE thru FRANCE VISION SERVICE
11 - We now make more money from content integration for all EVU airlines customers.This is ongoing
revenue stream with monthly income ,that has been growing with much higher gross margin .
If an airline has 20 eVU and another airline 2000 eVU ,the cost of content revenue are the same.
He gave us an example . From LUFTHANSA we receive $14 ,000 revenue approximately every month !!!!!!!
The lowest content revenue from a particular airline is $5,000.
