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FAB Universal Corp. Common Stoc Message Board

djt1223 4 posts  |  Last Activity: Sep 4, 2014 7:27 PM Member since: Feb 10, 2009
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  • djt1223 djt1223 Sep 4, 2014 7:27 PM Flag

    They seriously just put out a press release and thats what the give. This movie gross Domestic: $5,133,027 26.1% + Foreign: $14,500,000 73.9%. Now how much did they pay for the rights or what is their percentage split with the production company. Who is going to handle the logistics of placing this movie in every theater and what is their percentage or fees. For claiming they want to be in the digital space why even place this movie in the theater this should stay with China Mobile. I cant say this will make any money but it could be a step in the right direction.

    PITTSBURGH, Sep 04, 2014 (BUSINESS WIRE) -- FAB Universal FABU, -2.50% (“FAB” or the “Company”), a worldwide distributor of digital entertainment, today announced that it has entered into an agreement to acquire the exclusive broadcast and distribution rights in China for the movie, “The Company You Keep.” The 2012 movie starring Robert Redford, who also produced and directed the film, is a political action thriller. The agreement grants FAB the sole broadcast rights for the movie on all channels in China including the internet, TV and mobile terminals. Promotional movie posters for the film include a FAB exclusive copyright logo.

    “The Company You Keep” was officially released in all movie theaters in the Chinese Mainland on July 8th, 2014. Through FAB’s cooperative channel agreement with China Mobile Video Innovation Base, the movie debuted on the Base on August 8th, 2014 where users can pay or subscribe to watch it. China Mobile Video Innovation Base is the largest wireless video products and content operational center in China with an average user base of 130 million per month. FAB splits the revenue generated from users who pay or subscribe to view the film 50%:50% with China Mobile Video Innovation Base.

  • Reply to

    FAB Recent Job Postings -- Confused

    by djt1223 Aug 30, 2014 12:23 AM
    djt1223 djt1223 Aug 30, 2014 12:28 AM Flag

    At first I was assumed as the FAB recently stated in their last fillings that they are abandoning their retail endeavors to focus on digital. So why would they be opening 300 “shops”?

    From: 10-K: “Therefore, FAB decided to transform our retail business model from traditional retail stores to Online to Offline (O2O) experience stores, providing e-commerce companies with comprehensive offline services such as product exhibition and demonstration, online and mobile shopping demonstration, offline promotion, and entertainment based sales and marketing activities.”

    Confusing Parts

    -- Beijing Cultural Development Co., Ltd. Hongda is not listed anywhere as a subsidiary of FAB, FAB Media, or DEI or anywhere else in their 10K. Though they list FAB shopping website in the post? How are they affiliated?

    -- FAB lists above they are going to focus on Online to Offline (O2O). The O2O platform is listed in the job post as “Taobao” though Taobao is Aliaba’s. FAB announced they partnered with Badiu though nothing about ali. Did the buy just the platform? Why is that not listed anywhere?

    -- Where are these 30 “stores” that have already opened?

    -- What 2016 “public offering”?

    -- That’s a fairly bold statement when you currently have on ~20M in revenue to claim 10B sales

    Im traveling this weekend though I will do some more research next week. This would be so much easier if they had any regard for their shareholders as their lack of communication is extremely unprofessional. I still haven’t heard back from the company to obtain a copy of their bylaws so I wrote the Colorado Secretary of State for guidance and clarification.

  • Researching New job postings I found this from Beijing Cultural Development Co., Ltd. Hongda wonderful unlimited. At the end of the job posting it has this listed as Company Profile:

    FAB wonderful group invested heavily to build its e-commerce brands - wonderful • purchase
    wwwfabgoucom Group aims to use the integration of resources to build China's first O2O entertainment services platform. Integrated classes, vertical type electric business or brand, providing online Internet sales, the store next line shows, community self-help shopping machine experience, star entertainment marketing machine shop network three-dimensional integrated service platform. As one of the FAB wonderful core business of the Group, the brand with the core business of purchasing and custom, entertainment marketing as a fundamental creative design product, the star product anchored, and work overseas brands and creative brand, to create a dynamic "creative city Consumption Guide ", is currently up to one million active users, orders tens of millions. 2014 purchase of the wonderful • 30 large stores have opened in Beijing Xidan, Wangfujing, Chongwen Gate and other famous shopping district and community, 300 shops, more than 5,000 communities have been emplaced wonderful • purchase self-service shopping machine. 2015 • wonderful shopping in the existing model, based on the classification of large-scale development of the field of electricity providers, and enhance brand size and competitiveness of the industry through financing, private equity, and other forms of combination, and plans to complete the domestic or overseas markets in 2016 The public offering. Wonderful • purchase - China's first O2O "Taobao" electric business platform! An e-commerce business model to guide the new trend of the brand! Future, wonderful • purchase will achieve annual sales of over ten billion in online retail goals, becoming the largest purchasing, ordering professional e-commerce website!

  • Well the articles or incorporation and the company bylaws used to be on the website but they are no longer there; along with any other information on that bare-boned website. (Errr ... Why is the China website still down?)

    Ive written the company and asked for a copy of them as I read the bylaws awhile ago and I remember their shareholder proposal requirements weren't that stringent for adding agenda items. I do remember a statement that no member of executive team or BOD should act in manner that would present a conflict of interest towards FAB or is grounds for dismissal. I remember laughing as simultaneously being the CEO of two separate company's probably constitutes a "conflict of interest."

    Ive also asked about the shareholder meeting. FAB is incorporated in Colorado and as expected from the Colorado Secretary of State website, " Corporations have the strictest internal requirements, including holding initial and annual director and shareholder meetings, adopting and maintaining updated bylaws ..."

    Once I get the bylaws (Though I seriously doubt they will respond) I will get them posted.

    All of the emails address are valid though ive only received responses from the fab ones.
    chrisatfabuniversaldotcom -CEO
    johnatfabuniversaldotcom - CFO
    laurieatfabuniversaldotcom - OPS
    greg@wizzardsoftware.com - Supposedly listed as contact as for investor relations though I think he is the mail clerk.
    IRatfabuniversalfotcom
    chrisatwizzardsoftwaredotcom
    johnatwizzardsoftwaredotcom
    laurieatwizzardsoftwaredotcom

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