Alexia S. Quadrani's questions to Regencell Bioscience Holdings (RGC) leadership • Q2 2016
Question
Alexia S. Quadrani of JPMorgan Securities LLC asked about the long-term target mix for premium large format (PLF) screens and the potential impact of the upcoming Olympics on box office attendance, particularly given the favorable time zone.
Answer
Chairman & CEO Amy E. Miles stated the company is satisfied with its current portfolio of approximately 180 PLF screens (IMAX and RPX) and that future additions would be weighed against high-return recliner projects. Executive VP, CFO & Treasurer David H. Ownby commented that historically, the Olympics have not had a meaningful impact on box office performance, a trend he expects to continue.