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Interesting pink slip stock, whaddya think? Interesting pink slip stock, whaddya think?

01-13-2008 , 04:27 PM
Company called Reeltime rentals, could be the start of something big.

http://investorshub.advfn.com/boards...ge_id=25877902

Copy paste this webaddress for recent article. Pretty much covers everything. I'm an investment noob so I would appreciate the opinion of those more experienced.

Ty in advance.
Interesting pink slip stock, whaddya think? Quote
01-13-2008 , 06:25 PM
Looks interesting but very risky/volatile.
Interesting pink slip stock, whaddya think? Quote
01-13-2008 , 08:25 PM
What's especially interesting is what's NOT in the article. First, what's missing for this company is a deal with a major studio to provide content for the service. Well they do have content but nothing even close to a deal with a big player like Sony. Then they announce a conference call for Jan 10 to announce a new content and advertising partner.Link to yahoo article:

http://biz.yahoo.com/iw/080102/0344416.html

Then, the call is posponed for up to 10 days, probably due to conflict with consumer electronics show in vegas, link below:

http://biz.yahoo.com/iw/080110/0346875.html

Then, on the same day, 2 movies from Sony appear on the website, then the next day 2 more. One of there is spiderman3. The forum on investors hub discussing this stock goes crazy because if RLTR does announce a deal with Sony, the stock could and should take a HUGE leap. If sony is aboard (and they seem to be) this would be the first major studio to approve peer to peer/grid based technology to distribute their content. This is huge because if you consider that the studios have been scared to death of p2p because of how it destroyed the music industry (not one major studio has not validated p2p technology), they have severely tested that the security is hackproof and obviously are happy with the results and have put their faith in RLTR. There are are other BIG players out there yet, you don't see Sony partnered with Bittorrent of Joost for example who are heavily funded and well known yet Sony picks little known RLTR! That is HUGE. And it makes sense, the product is simply better than the competition and better yet, the technology is patented in europe and patent pending in ths US. Just hook up your TV to your computer and point and click. Compare to the competition which require you to make an upfront purchase and the quality still lags behind and requires you to watch on your computer, not on your big screen TV as is possible NOW with RLTR:

- The service still doesn't appeal to many Netflix subscribers because it requires watching the entertainment on a personal computer with a high-speed Internet connection. ... The company says its streaming service has gained the most traction among younger subscribers more accustomed to watching movies on laptops ... Still, most people seem to prefer watching movies on their big-screen TVs -- an issue both Apple and Netflix are trying to address.

- link below.

http://investorshub.advfn.com/boards...ge_id=25952345

Oh yeah, the article also mentions netflix spending 40 million on developing their streaming service last year, RLTR is done! The problem the competition has is that the technology is inferior, how annoying is it to stream a movie and either having to wait for the whole thing to download or to see messages that say - buffering ... buffering.

Botton line, the announcement of a deal with Sony for not only content but marketing as well is simply enormous, it puts this company on the map overnight in a big way. This is an industry which noone questions is in for huge growth and RLTR is the current leader technology wise. Once Sony is confirmed, it's not hard to imagine others big studios coming aboard.

Ok I think I've covered the highlights. It seems to me that the potential here is HUGE, yes pinks are always risky but the upside here is so huge that it seems like it's worth the risk.

I bought a few shares over a year ago so I have been following this story for some time, I bought a bunch more last week after the Sony flicks appeared. I am considering buying more before the announcement comes, I just want to make sure I don't get carried away and to be honest, I am NOT an investing expert so if anyone can see any holes in this thing I don't see I would appreciate hearing about it.

TY.

Last edited by loveinvain; 01-13-2008 at 08:37 PM.
Interesting pink slip stock, whaddya think? Quote
01-13-2008 , 10:20 PM
Just noticed that the article I linked to in my earlier post is on the front page of yahoo, just another indication of how relevant this growth industry is (streaming video on demand).


http://news.yahoo.com/s/ap/20080113/...imited_netflix

Maybe i should apologize about posting on this again but I'm pretty excited. Feedback anyone??
Interesting pink slip stock, whaddya think? Quote
01-13-2008 , 11:48 PM
No offense intended, but almost without exception, I find "interesting pink slip stock" to be an oxymoron.
Interesting pink slip stock, whaddya think? Quote
01-14-2008 , 01:06 AM
Quote:
Originally Posted by Preem
No offense intended, but almost without exception, I find "interesting pink slip stock" to be an oxymoron.
OK sorry I should've said pink sheet. Not sure what you mean by your oxymoron comment though, I mean I know what on oxymoron is, just not sure how it applies here. Perhaps nonsensical fits better for the expression "interesting pink slip stock". Or do you mean that pinks are rarely if ever worthwhile considering?

Anyhow, no offence taken, did you read what was in my post's? Sure would love to have some feedback from you or anyone else although I have pretty much decided to buy a few more shares tomorrow and be done with it.
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 01:26 AM
No financials. A new promotional press release every week. Canceling a conference call.

100% that it's a scam. Every share you buy likely comes directly from managment and they are printing new shares whenever they want to.

Quote:
I bought a bunch more last week after the Sony flicks appeared. I am considering buying more before the announcement comes, I just want to make sure I don't get carried away and to be honest, I am NOT an investing expert so if anyone can see any holes in this thing I don't see I would appreciate hearing about it.
By the time Sony sues them for posting their proprietary content with no authorization (or even meeting between the two) they'll just pull it down as the settlement, and pocket the millions they've made from suckers bidding up their stock.

And I'd even stay out of the entire market. There is zero chance that the power brokers (content providers) are going to cut in any technology company for large portions of their profits. There is a hundred companies with P2P technology for content delivery, it's a whores business. Apple has a shot because of ITunes, their hardware and installed base, but I'm skeptical that Hollywood let's Apple keep more than pennies on the dollar.
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 02:38 AM
Quote:
Originally Posted by DesertCat
No financials. A new promotional press release every week. Canceling a conference call.

100% that it's a scam. Every share you buy likely comes directly from managment and they are printing new shares whenever they want to.



By the time Sony sues them for posting their proprietary content with no authorization (or even meeting between the two) they'll just pull it down as the settlement, and pocket the millions they've made from suckers bidding up their stock.

And I'd even stay out of the entire market. There is zero chance that the power brokers (content providers) are going to cut in any technology company for large portions of their profits. There is a hundred companies with P2P technology for content delivery, it's a whores business. Apple has a shot because of ITunes, their hardware and installed base, but I'm skeptical that Hollywood let's Apple keep more than pennies on the dollar.

OK thanks for your input. I don't understand though, why do you say it's 100% scam when the company has deals with Lionsgate, Vanguard Cinema, CHUM limited, whole bunch of other too. Those aren't major studios to be sure but not companies likely to get involved with companies who are 100% scams either no?

And the technology DOES work and IS far superior to anything else out there right now, I agree that studios wouldn't want to cut them or anyone else in for a large share of profits but they might want to just buy them out for the technology.

What am I missing?
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 04:03 AM
Quote:
Originally Posted by DesertCat
There is zero chance that the power brokers (content providers) are going to cut in any technology company for large portions of their profits.
Well why cut in ANY company then. Look at Blockbusters for example, a company that made a rather large sum of money off this so called power brokers content by providing a way for people to watch this content in their own home. Why was this allowed then? The major studios didn't have to allow blockbusters (or anyone else) the rights to distribute their product yet they did so. They could have set up their own video rental stores but it seems to me that they're not interested in running that aspect of the business.

RLTR is doing essentially the same thing as blockbusters, providing a way for people to view that same content, just doing in a was that's more convenient. Studios provide the content, RLTR provides the method of distribution, everyone's happy just as they are now with video rental outlets.

Also Mark Cramer was recently appionted COO. Copy pasted a blurb about him below, doesn't sound like a scammer to me. Maybe I'm naive but his work with Kanbay in particular sounds very impressive not to mention legitimate. Does a person with a backround like that really go to scamming as his next career move?


Mr. Cramer is an accomplished technology entrepreneur with over 20 years of experience successfully leveraging hands-on technical knowledge and business development expertise into prosperous business ventures. He founded The Human Interface, Inc. in 1985, organized to appropriate the growing pool of international technical resources in response to demand for experienced IT professionals in the U.S. Later, Mr. Cramer joined forces with Kanbay International, Inc. as its 2nd employee and EVP. His technical expertise and management contributions helped grow the company until 2007, when it was acquired by the Capgemini Group for a reported $1.25 billion.
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 11:42 AM
Quote:
Originally Posted by DesertCat
No financials. A new promotional press release every week. Canceling a conference call.

100% that it's a scam. Every share you buy likely comes directly from managment and they are printing new shares whenever they want to.



By the time Sony sues them for posting their proprietary content with no authorization (or even meeting between the two) they'll just pull it down as the settlement, and pocket the millions they've made from suckers bidding up their stock.

And I'd even stay out of the entire market. There is zero chance that the power brokers (content providers) are going to cut in any technology company for large portions of their profits. There is a hundred companies with P2P technology for content delivery, it's a whores business. Apple has a shot because of ITunes, their hardware and installed base, but I'm skeptical that Hollywood let's Apple keep more than pennies on the dollar.
Another thought, why not visit their website, try the demo, and then tell me if there is even ONE other company in the world that can do what they ARE DOING NOW and then come back and tell me it's a scam 100% if you still think so. Fair enough?

Linky:

www.reeltime.com

Also you may want to have a look here, seems that the MPAA (Motion Picture Association of America) considers reeltime to be legitimate, go figure.

http://www.mpaa.org/piracy_LegalOpt.asp

Last edited by loveinvain; 01-15-2008 at 12:05 PM.
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 12:31 PM
90% of pinksheeters are SCAMS....period.If they were a REAL company they would graduate to the bigger exchanges or be taken over for "pennies" then!
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 12:43 PM
Quote:
Originally Posted by loveinvain
Another thought, why not visit their website, try the demo, and then tell me if there is even ONE other company in the world that can do what they ARE DOING NOW and then come back and tell me it's a scam 100% if you still think so. Fair enough?

Linky:

www.reeltime.com

Also you may want to have a look here, seems that the MPAA (Motion Picture Association of America) considers reeltime to be legitimate, go figure.

http://www.mpaa.org/piracy_LegalOpt.asp
They have a slick web site. They don't have audited financials. They don't want you to know what their financial state is. I don't know who this Cramer guy is, and neither do you. You are taking every press release at face value and doing no real research. Notice how vague the press release is about his actual roles at those companies over a 20 year period. And they won't tell you if he's been convicted of fraud either.

Scam...

And as far as your blockbuster example, there is a huge difference between movie studios raising billions of dollars to create chains of video rental stores (in competition with many mom and pops) and licensing their content to a internet distribution company. Licensing their videos for blockbuster to distribute made sense because blockbuster had huge distribution reach and it required little or no capital investment by the movie studios.

When you run a film company, you don't have lots of excess capital to get into other new businesses, so you license your content and focus on what you do best, i.e. making new movies. But when you license your content for the internet, you have the upper hand. You can choose who can distribute your films, and you'll demand the vast majority of the revenues. No exec is going to lock their company (barring bribery) into an agreement with a minor company, they'll always have their door open so they can switch their deal to Apple, or Amazon, who ever turns out to have the best distribution system. The technology providers are the least important part of the system, it's really distribution reach (i.e. who can actually get your films to the most customers), so distributors with hardware like Apple TV will have the upper hand.

Beta was the best technology. VHS won because of greater distribution.

Quote:
I don't understand though, why do you say it's 100% scam when the company has deals with Lionsgate, Vanguard Cinema, CHUM limited, whole bunch of other too
Do you realize anyone can get deals with those companies right now as well, don't you? If they don't have exclusive distribution rights, why not let ReelTime distribute a few videos, esp. if Reeltime paid them an up front licensing fee. It's really meaningless.

And as far as their demo goes, I've seen dozens of great demos of internet video. There is nothing unique about what they are doing, I once spent time with one of my VC's partner companies five years ago that spent $40M on the exact same technology. The problem isn't technology, it's distribution. Until their are lots of TV boxes hooked up, it's a tiny market. And LOL at their patent applications. There is so much prior art in this area as soon as they try to enforce their patent they'll get blown out of the water. The patent offices are overwhelmed, they'll grant patents on all sorts of crap, and leave it up to the courts to decide if they are valid.

As far as the MPAA goes, that's not an endorsement. It's just saying that Reeltime agreed to not distribute pirated films. But look at the roster of their competitors, it's pretty big. If you are a motion picture company, you have all sorts of options to negotiate distribution with.

http://www.mpaa.org/piracy_LegalOpt.asp

One more time. What are their assets and liabilities? What is their current revenue run rate? What is their capitalization, i.e. how many shares have they issued, and how many are authorized? Why aren't they filing audited financials with the SEC? If they aren't a scam, why are they issuing so many press releases to hype the stock? Why did they pay MicroCap Opportunity to hype the stock with that glossy brochure (read the disclaimer where they admit that)?

There is one simple answer. Scam.
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 12:46 PM
Quote:
Originally Posted by loveinvain
Well why cut in ANY company then. Look at Blockbusters for example, a company that made a rather large sum of money off this so called power brokers content by providing a way for people to watch this content in their own home. Why was this allowed then? The major studios didn't have to allow blockbusters (or anyone else) the rights to distribute their product yet they did so. They could have set up their own video rental stores but it seems to me that they're not interested in running that aspect of the business.
Because Blockbuster has access to customers. It's a distribution channel. Reeltime, from what I can tell, does not.

Quote:
RLTR is doing essentially the same thing as blockbusters, providing a way for people to view that same content, just doing in a was that's more convenient. Studios provide the content, RLTR provides the method of distribution, everyone's happy just as they are now with video rental outlets.
The problem is that, there's really no reason for any legitimate company to be on pinksheets or even be public at this stage if you can't get on NASDAQ. VCs have plenty of money, why go public unless you can at least get listed?
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 12:53 PM
Quote:
Originally Posted by loveinvain
Another thought, why not visit their website, try the demo, and then tell me if there is even ONE other company in the world that can do what they ARE DOING NOW and then come back and tell me it's a scam 100% if you still think so. Fair enough?
I think you just answered yourself in the link below?

Using peer-to-peer to deliver VOD is like so not close to cutting edge that it's not even funny. And it doesn't even look like they own the technology - they use PowerGrid player from GridNetworks.
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 04:34 PM
"No financials. A new promotional press release every week. Canceling a conference call.

100% that it's a scam. Every share you buy likely comes directly from managment and they are printing new shares whenever they want to."

On yahoo I count 12 press releases since NOV 1, three of them about the postponed (not cancalled btw) conference call and NONE in sep and oct. When they make a deal, appoint a new COO they announce it, seems pretty reasonable to me.


"By the time Sony sues them for posting their proprietary content with no authorization ..."

You have no basis for saying this, I have no basis for saying a deal with Sony is imminent, lets call it even.


"There is a hundred companies with P2P technology for content delivery, it's a whores business."

I call BS on this one. Reeltime is the ONLY company that offers point and click DVD quality movie streaming directly to big screen TV. All you need is a broadband connection and a TV that can be hooked up to your computer. I have seen it in action, it works. Apple, bittorrent, joost, everyone else, the best they can do for now is to ask people to watch on their computer or ask them to spend hundreds of dollars on some box that will convert the picture to their TV. If it's a whores business then there's one very top tier whore who at the moment is the very best out there, even if not widely known.


"90% of pinksheeters are SCAMS....period.If they were a REAL company they would graduate to the bigger exchanges ..."

Agreed. If 100% of pinksheeters were SCAMS there would be nothing do discuss. Yet some pinks DO "graduate" don't they?


"They have a slick web site. They don't have audited financials."

Agreed. Good point.


"They don't want you to know what their financial state is."

You have no basis for saying this either. Most pinksheet companies don't provide financials, doesn't mean they won't in the future.


"I don't know who this Cramer guy is, and neither do you ... And they won't tell you if he's been convicted of fraud either.

Scam..."

LOL Wouldn't that be like introducing your new GF to your parents and saying BTW she's never been convicted of prostitution? Who does that?


"No exec is going to lock their company (barring bribery) into an agreement with a minor company, they'll always have their door open so they can switch their deal to Apple, or Amazon, who ever turns out to have the best distribution system."

Of course, they won't lock themselves in, doesn't mean they won't make some sort of agreement and if it's beneficial to them, renew it when time comes.


"The technology providers are the least important part of the system, ..."

I disagree. If the tech side is so unimportant why is it that noone else can offer what reeltime is offering? Netflix spent 40 million in R&D last year and can't duplicate what reeltime does.


"it's really distribution reach (i.e. who can actually get your films to the most customers), so distributors with hardware like Apple TV will have the upper hand."

Yes, if reeltime doesn't get it together soon they will be left behind. However, if they do get big studio content and a co-marketing agreement distribution shouldn't be a problem, the product will be available to anyone with broadband. Would you not give a product like this a try if they were to become legitimized by a deal with a big studio or would you continue to use Apple or whoever else and watch movies on you laptop?


"And as far as their demo goes, I've seen dozens of great demos of internet video. There is nothing unique about what they are doing, I once spent time with one of my VC's partner companies five years ago that spent $40M on the exact same technology. "

I once again call BS. Point me in the direction of ONE company that can offer me DVD quality point and click streaming directly to my big screen TV and i will say I'm wrong. What they do is unique. Doesn't mean it will be tomorrow but for now, yes it absolutely is unique.


"One more time. What are their assets and liabilities? What is their current revenue run rate? What is their capitalization, i.e. how many shares have they issued, and how many are authorized? Why aren't they filing audited financials with the SEC? If they aren't a scam, why are they issuing so many press releases to hype the stock? Why did they pay MicroCap Opportunity to hype the stock with that glossy brochure (read the disclaimer where they admit that)?

There is one simple answer. Scam."

Well there are other answers too though they aren't that simple. Without getting into each item here individually I will just say that if reeltime turns into something big, it wouldn't be the first time that a pinksheet company with no audited published financials has paid for hype and ended up being quite big. Most don't make it but some do. The fact that they have paid for hype does not automatically make it a scam.


"And LOL at their patent applications. There is so much prior art in this area as soon as they try to enforce their patent they'll get blown out of the water. The patent offices are overwhelmed, they'll grant patents on all sorts of crap, and leave it up to the courts to decide if they are valid."

Ok you got me there, I don't know anything about that side of things. i will just repeat that regardless of how valid the parents are or aren't, the fact is that noone today has the technology to offer what reeltime offers. When you consider how much is at stake, how absolutely humongous the potential market is, the fact that big players are doing their best to grab that market, the fact that not one single company can do what reeltime can do right now might give you pause.


"Using peer-to-peer to deliver VOD is like so not close to cutting edge that it's not even funny. And it doesn't even look like they own the technology - they use PowerGrid player from GridNetworks."

Actually it is cutting edge, if it wasn't others would be doing it. And they have a partnership of sorts with gridworks, they have actually sold them technology, the technology that makes reeltime work is not available for sale from gridworks.


Anyhow thanks to all who responded. Specially DesertCat, you obv. know your stuff and I appreciate your response. I don't agree with everything you said obv. but I do appreciate it and you had a hell of a lot moer to say then "pinksheet = scam" and that is what I was hoping for.

Anyhow tell you what, if it turns out to be a scam I will come back here and eat crow. If however there is in the near time a conference call with reeltime and reps from Sony announcing something signifigant and reeltime is "legitimitized" I will let you know as well and at that time you can decide to take a closer look at this if you like.

In the meantime I will say this to everyone. Reeltime is the only company in the world that offers point and click DVD qualilty movie streaming to your big screen TV. Other companies are trying, and trying very hard I might add to do this and so far are not succeeding. I believe this to be signifigant.

If you find this at all interesting, check out the demo and see if you can find anyone else in the world who can do what reeltime is doing today. The fact that you won't be able to find anyone else who can do what they do today speaks for itself.


For anyone interested, here's a pretty good article on the VOD industry in general, pretty good read IMO.

http://investorshub.advfn.com/boards...ge_id=26010096

Last edited by loveinvain; 01-15-2008 at 04:46 PM.
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 04:40 PM
I don't get it, loveinvain. You post here looking for input on this company. People give you input and give reasons as to why they doubt the company's validity. You, for the most part, fire back at everyone, saying their opinions are wrong, or at least not necessarily right.

You are either REALLY trying to convince yourself to invest in this company, or you are trying to convince others to invest in this company so that you may benefit. Something doesn't pass the smell test here.
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 04:46 PM
The OP's pitch is classic 'pump and dump' material....what/how/where did you uncover this hidden gem of a company if I may ask?

LOL
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 04:47 PM
Quote:
Originally Posted by dlk9s
I don't get it, loveinvain. You post here looking for input on this company. People give you input and give reasons as to why they doubt the company's validity. You, for the most part, fire back at everyone, saying their opinions are wrong, or at least not necessarily right.

You are either REALLY trying to convince yourself to invest in this company, or you are trying to convince others to invest in this company so that you may benefit. Something doesn't pass the smell test here.
pwned (and i completely agree).
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 04:56 PM
Quote:
Originally Posted by dlk9s
I don't get it, loveinvain. You post here looking for input on this company. People give you input and give reasons as to why they doubt the company's validity. You, for the most part, fire back at everyone, saying their opinions are wrong, or at least not necessarily right.

You are either REALLY trying to convince yourself to invest in this company, or you are trying to convince others to invest in this company so that you may benefit. Something doesn't pass the smell test here.


I'm offering my opinion that's it. I'm not trying to convince anyone of anything, I posted something I thought was interesting, a few have given their input and some of the criticism is IMO unfair and i am defending myself where appropriate, what's wrong with that?

You do have point about trying to convince myself though, that is to a certain extent true.

The fact it though that the company does have a product that is at the moment unique. Perhaps you have something to say about some specific point I have raised. This "smell test" comment addres nothing to the discussion.
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 05:10 PM
Quote:
Originally Posted by stephenNUTS
The OP's pitch is classic 'pump and dump' material....what/how/where did you uncover this hidden gem of a company if I may ask?

LOL

Um, a very good friend told me about the company a little over a year ago, I bought ten thousand shares at 0.11 basically just for fun. I pretty much forgot about it alll until recently with the Sony rumours.

I admit I could be wrong and like i say, if i am I will feel like an idiot and will come back here and eat crow.

I you think I'm pumping and dumping, fine think what you like. I don't have that much invested and I think people on this board are too savvy to start gobbling up stock just cause i posted something on this forum, and i believe it's my first post on this forum which gives me even less credibility and I sure as hell don't espect anyone to buy stock based on my post. I\m sure very few people here are that naive. I have been a member of 2+2 for a long time, I haven't posted much lately (and maybe never in this forum) but it's not like I've got 5 posts to my name or something. The community here has been beneficial to me and this thing is interesting, I though some of you may want to have a look at this, period. If someone bought shares and did well (after doing DD on their own) I would very happy. If you choose instead to ridicule me that's your choice. I may be wrong about this whole thing and by no means am I saying that it's a sure thing that would be ridiculous but I am sincere whether you believe it or not.

You obv. have a lot of respect on this forum and I'm sure you deserve it but I believe you can do a bit better than to say basically pink sheets are scams, lol and that's about it. If you have something to say about specific points i have addressed in my last lengthy post that would be great but again, your choice.
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 05:57 PM
I invest almost exclusively in pink sheets and wouldn't touch this with a ten foot pole. The lack of financials is a huge red flag. And the press releases is another. Paying for research is a third. You mention that some companies have paid for research and become huge sucesses, I'd like to hear three names. Either way, it's common for scams to pay for research, just because a couple of legit companies made the mistake of doing so once doesn't make it less of a red flag.

Basically my experience has been these three flags mean stay away. But you can do more, you can call the company and ask for financials. You can visit the company and review their operations. But so far you don't seem inclined to do any real research.

And who issues a press release announcing a pending conference call to announce "significant events". Then does another press release to tell you they have more great info to tell you at the conference call. Then they cancel the call. This is a classic sign of a pump n dump scam, they hint at all sorts of great things to be announced soon, and sell their shares while people bid it up waiting for the announcement.

And I'm not sure why you are so quick to dismiss the fact they licensed most of their technology from another company. It makes sense, they have no resources, they raised a trivial amount of equity in the fall ($1M) that can't pay for any real technology development.

Lastly, not sure why their technology is so unique. Are you claiming it can play content on a TV without any hardware? That sounds impossible. TV's need a box like Apple TV to play internet content. These boxes will get cheaper and cheaper over time and eventually become ubiquitious. But until they do the market is limited. People aren't watching many movies on their computers, at least not in proportion to the number they watch on their home theatres.

Everyone has tried to be helpful, but frankly the burden is on you. I don't have time to do any real research on this, even if legit it's clearly something I wouldn't own in a million years. I can only point out the red flags and issues, it's up to you to try to do enough research to address them. You don't even know what percentage of the company you own (the share count) or how many people work there, what technologies they really own, what real licensing agreements they have and what profit margins those agreements provide for, etc. So you can't even value this thing even if it were to become successful.
Interesting pink slip stock, whaddya think? Quote
01-15-2008 , 06:44 PM
Quote:
Originally Posted by DesertCat
I invest almost exclusively in pink sheets and wouldn't touch this with a ten foot pole. The lack of financials is a huge red flag. And the press releases is another. Paying for research is a third. You mention that some companies have paid for research and become huge sucesses, I'd like to hear three names. Either way, it's common for scams to pay for research, just because a couple of legit companies made the mistake of doing so once doesn't make it less of a red flag.

Basically my experience has been these three flags mean stay away. But you can do more, you can call the company and ask for financials. You can visit the company and review their operations. But so far you don't seem inclined to do any real research.

And who issues a press release announcing a pending conference call to announce "significant events". Then does another press release to tell you they have more great info to tell you at the conference call. Then they cancel the call. This is a classic sign of a pump n dump scam, they hint at all sorts of great things to be announced soon, and sell their shares while people bid it up waiting for the announcement.

And I'm not sure why you are so quick to dismiss the fact they licensed most of their technology from another company. It makes sense, they have no resources, they raised a trivial amount of equity in the fall ($1M) that can't pay for any real technology development.

Lastly, not sure why their technology is so unique. Are you claiming it can play content on a TV without any hardware? That sounds impossible. TV's need a box like Apple TV to play internet content. These boxes will get cheaper and cheaper over time and eventually become ubiquitious. But until they do the market is limited. People aren't watching many movies on their computers, at least not in proportion to the number they watch on their home theatres.

Everyone has tried to be helpful, but frankly the burden is on you. I don't have time to do any real research on this, even if legit it's clearly something I wouldn't own in a million years. I can only point out the red flags and issues, it's up to you to try to do enough research to address them. You don't even know what percentage of the company you own (the share count) or how many people work there, what technologies they really own, what real licensing agreements they have and what profit margins those agreements provide for, etc. So you can't even value this thing even if it were to become successful.
Ok a couple of misunderstandings.

They did not pay for research, they paid for hype. As far as I know, they only did it this one time.

Most important though, they did NOT license the technoplogy from another company. The technology was built in partnership with Gridnetworks but it IS reeltime's exclusively. Reeltime also owns a piece of Gridnetworks FWIW.

Yes you can play content from your computer on a TV without any special hardware other than a cable than you can pick up for maybe 10-20 bucks. No "box" required. This doesn't apply to very old tv's but most tv's in people's homes will have this plugin available. This is nothing special, what is special is that their technology enables DVD quality streaming to big screen tv's with no delay. This is what noone else can do today and this is what makes this companies proprietary technology unique, at least for the moment. Compare to netflix for example who spent 40 million trying to do this last year and where they're at right now is considering asking people to buy some sort of "box" from them so they can watch their streaming offerings on TV, for now they are stuck watching on their computer.

Bottom line, I haven't invested much, I can't afford to fly to Seattle to check this out (I live in europe) but I am comfortable with what I am risking. I could ask them for financials but what would be the point, they are available on the web (www.pinksheets.com) but unaudited so I would gain nothing there.

The reason that I posted this (and the reason that i have invested a modest amount) is that I find it intriguing as heck that this little company offers point and click DVD quality streaming to big screen TV and NOONE else can do this though they are trying very very hard. Intriguing, there's not a better work that I can think of. You hook up your TV to your computer, point and click and there it is. The quality is simply amazing and it's cool that noone else can do it. That's it.

I thought some others here may be intrigued as well so I though I'd share, that's why I posted this and I sure don't expect people to start buying shares because I, an acknowledged investment noob mentions this.

To sum up, your three concerns are lack of audited financials, paying for research and press releases. Ok they haven't paid for research and personally I am not at all concerned about the press releases, they have been pretty reasonable there IMO but the financials ...

Question, you know much better than me obv, is the lack of audited financials that big a concern? Isn't it relatively common for "pink's" without lots of cash to not have audited financials for some time? I would certainly appreciate your opinion there as that is the only "red flag" that bugs me as well, I'm just not sure how serious that is.

Anyhow, thankyou very much for your responses, you have been most considerate and helpful.

PS I think it's cool that you invest mostly in "pinks".

Editing to add that I don't expect you or anyone else to take the time to do research for me and I'm not asking for that. I've bought in, I may buy a bit more but for the most part I'm done. i just posted this cause I am intrigued by the possibilities like I said and the fact that this little company can do what noone else can right now and I thought perhaps there would be some on this board who may find it intriguing as well. I am an investment noob like I said and I suggest that nobody buy this stock just cause I'm intrigued.

Last edited by loveinvain; 01-15-2008 at 06:54 PM.
Interesting pink slip stock, whaddya think? Quote
01-23-2008 , 02:14 PM
If you're out there DesertCat, i just wanted to repeat my question (maybe you missed it) about the fact that RLTR doesn't have audited financials. I thought this was common for pinks - not to have audited financials until there is significant revenue to report. True? Not true?

BTW, agreement with Sony announced today, at the very least investors in RLTR don't have to worry about Sony suing them anytime soon.

Here's a quote: Mike Arrieta, Executive Vice President of Digital Distribution and Mobile Entertainment for Sony Pictures Television, remarked, "ReelTime's IRDS delivery platform is a compelling distribution outlet. We are pleased to find another high-quality way for consumers to gain access to our content via this format."

Maybe this company will fade away into nothingness but maybe not. IMO the Sony deal puts them on the map, once more people become aware that RLTR has the best product on the market good things could happen to the PPS.

DVD quality, no delay streaming to big screen TV, quality which NOONE else has at the moment, a business (VOD) that everyone agrees will be huge, this is at the very least interesting with a capital I. And now finally some premuim content. Market cap around 5 million right now, the potential upside is HUGE.

Cheers.
Interesting pink slip stock, whaddya think? Quote
01-23-2008 , 02:53 PM
My opinion says that if you've got money you don't mind losing (sounds kind of odd, yes?) then why not? Isn't that what the OTC market is about for many investors? I know I might consider dropping $100 for a long to see what happens.



Technology sounds like a Torrent type service that has been modified to go straight to a video stream instead of a file. Surprised its unique, if it is.
Interesting pink slip stock, whaddya think? Quote
01-23-2008 , 03:12 PM
Quote:
Originally Posted by nuclear500
My opinion says that if you've got money you don't mind losing (sounds kind of odd, yes?) then why not? Isn't that what the OTC market is about for many investors? I know I might consider dropping $100 for a long to see what happens.



Technology sounds like a Torrent type service that has been modified to go straight to a video stream instead of a file. Surprised its unique, if it is.
Yes it is unique. That's what people can't seem to get their head around, that there is no other company that has the technology to offer point and click and stream a movie in DVD quality with no irritating buffering delays to a big screen TV. They are the only ones. If torrent could offer this they obv. would. Same goes for apple, Netflix, Joost ...


All you doubters, ignore this company if you like. They're small, things could go wrong and maybe they'll go away. On the other hand, Sony's aboard, if others hop aboard, if they get some publicity, if viral marketing does it's thing now that there's real bigtime content available, if RLTR becomes well known, you may be saying to yourselves s..t why didn't I buy some of this when I had the chance when the price was 6 cents a share instead of 6 bucks.

And as far as don't mind losing, it's not that I don't mind losing, it's that I don't mind taking a calculated risk if it's seems like +EV. I guess you could call it embracing the variance.
Interesting pink slip stock, whaddya think? Quote

      
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