Entertainment AI has provided a Q1 Trading Update. New product developments remain on track with three proprietary technology products to be rolled out in Q2 and Q3 to transform the economics of its own MCN business and potentially other MCNs. The Company's strong balance sheet with $7.9m of net cash at 30 April 2020 provides a strong platform to deliver these products successfully into the market. Meanwhile, the Group's GTChannel MCN business has been experiencing the same industry trends as
05 May 2020
Q1 Trading Update
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Q1 Trading Update
SEEEN Plc (SEEN:LON) | 4.6 0 0.0% | Mkt Cap: 4.25m
- Published:
05 May 2020 -
Author:
Thomas Like -
Pages:
7
Entertainment AI has provided a Q1 Trading Update. New product developments remain on track with three proprietary technology products to be rolled out in Q2 and Q3 to transform the economics of its own MCN business and potentially other MCNs. The Company's strong balance sheet with $7.9m of net cash at 30 April 2020 provides a strong platform to deliver these products successfully into the market. Meanwhile, the Group's GTChannel MCN business has been experiencing the same industry trends as