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VGGL > SEC Filings for VGGL > Form 8-K on 22-Oct-2012All Recent SEC Filings

Show all filings for VIGGLE INC.

Form 8-K for VIGGLE INC.


Other Events

Item 8.01. Other Events.

In the October 29, 2012 issue of Fortune magazine (appearing online at on October 16, 2012 and on newsstands), there appeared an article relating to interviews with Robert F.X. Sillerman, the Company's Executive Chairman and Chief Executive Officer, which primarily took place in August 2012 and provided background information on the Company's Viggle product and a discussion in general terms of its expectations, but was not intended to convey any projections of future results. The Company notes that it now expects to receive revenues by early 2013 of at least $10 million and to become cash flow positive in the second half of calendar 2013. The Company's internal projections are not prepared with a view towards public disclosure and are based on a number of important assumptions, including assumptions which are dependent upon factors beyond the control of the Company, including changes in prevailing economic conditions. Accordingly, no assurance can be given that such projections will be achieved, and actual results may vary materially from those projected.

To the extent that the general discussion contained in the Fortune magazine article or herein is interpreted by a reader as a projection by the Company, the Company hereby adopts the following forward-looking statement: The article and this Form 8-K may contain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. All information provided in this Form 8-K is as of October 22, 2012. Except as required by applicable federal securities law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

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