【what is the server ip for virussmp】CSSE: CSSE Buys Remaining 25.1% of A+ at a $15 Million Valuation to Save $5 Million Per Year
By Lisa Thompson NASDAQ:CSSE READ THE FULL CSSE RESEARCH REPORT On December 28,what is the server ip for virussmp 2018, Chicken Soup for the Soul Entertainment ( CSSE ) purchased the remaining portion of A+ it did not own from the three remaining A+ shareholders. This was comprised of Class A stock in CSSE as follows: (a) 322,275 shares of Class A common stock valued at $2,691,000 to Ashton Kutcher; (b) 14,012 shares valued at $117,000 to Evan Beard; (c) 14,012 shares valued at $117,000 to Kendall Dabaghi totally $2.925 million in stock. The value of CSSE shares was calculated at $8.35 per share. These shares will be locked up for 18 months. The remaining cost was paid by the company by reducing approximately $3.3 million of advances owed by A + to CSSE. There will be a number of intracompany adjustments to CSSE’s balance sheet and we expect the company to file pro forma income statements and balance sheets due to this purchase. The cost savings of approximately $5.1 million expected in 2019 is in cost of revenues and we have adjusted our model accordingly. We now expect gross margin to increase to 78% in 2019 from an estimated 63% in 2018 and increase profitability and EBITDA. With the additional 350,000 shares and increased net income, we are increasing our 2019 EPS estimate to $1.06 per share and EBITDA to $28.6 million, up 62% year over year. New CSSE Show Chicken Soup for the Soul’s Animal Tales to Air On Saturday On December 21, 2018, The CW, in association with Litton Entertainment, announced the addition of Chicken Soup for the Soul’s Animal Tales to its educational and informational One Magnificent Morning Saturday morning line-up, premiering January 5, 2019 (8:00am–11:00am ET/PT). Hosted by Eva LaRue, Animal Tales centers around the love for animals and the impact they have on lives. Each episode uncovers stories about amazing and inspiring people from around the world who go above and beyond to care for, love, help, and defend animals everywhere. Viewers will meet animal rescue teams and dedicated animal advocates helping lost pets find forever homes, and even meet some of the incredible pets serving and assisting people in need, including military K9s and therapy animals. Animal Tales is on at 10:00-10:30 AM EST. View Exhibit I SUBSCRIBE TO ZACKS SMALL CAP RESEARCH to receive our articles and reports emailed directly to you each morning. Please visit our website for additional information on Zacks SCR. DISCLOSURE: Zacks SCR has received compensation from the issuer directly or from an investor relations consulting firm, engaged by the issuer, for providing research coverage for a period of no less than one year. Research articles, as seen here, are part of the service Zacks provides and Zacks receives quarterly payments totaling a maximum fee of $30,000 annually for these services. Full Disclaimer HERE . View comments
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