RAYSTREAM TECHNOLOGIES, INC
RAYS SEC Suspension: http://www.sec.gov/litigation/suspensions/2014/34-72871.pdf
Admin Proceeding: http://www.sec.gov/litigation/admin/2014/34-72872.pdf
"The U.S. Securities and Exchange Commission announced the temporary suspension of trading
in the securities of the following issuers, commencing at 9:30 a.m. EDT on August 20, 2014 and
terminating at 11:59 p.m. EDT on September 3, 2014:
• ATP Oil & Gas Corp. (ATPAQ)
• Cambridge Holdings, Ltd. (CDGD)
• FTE Networks, Inc. (FTNW)
• Raystream, Inc. (RAYS)
• Shelron Group, Inc. (SRNG)"
Raystream opens a new world of online video possibilities.
Raystream dramatically reduces bandwidth requirements for online video, blasting through all the video streaming limitations of the past and putting high definition video in the reach of nearly every Internet user on the globe.
Why does Raystream’s video compression technology matter? The Internet was developed to deliver data in form of text and images, not video. Yet by 2012, industry analysts estimate that as much as 90 percent of Internet traffic will be video data, from personal videos of family events, to online video advertising, to streaming of 3D Hollywood blockbusters. In 2014, global Internet traffic is forecasted to be 767 exabytes per year or 64 exabytes per month -- and in case you’re wondering, one exabyte equals one billion gigabytes. To put that in perspective, it’s equivalent to 32 million people all streaming the 3D movie “Avatar,” at the same time, continuously -- for an entire month.
The limiting factor for web-delivered videos has always been bandwidth—both for the streaming provider and the end user. Raystream removes that limiting factor, while providing fast, full-screen, crystal clear video for viewers.
Now, the possibilities for online video are limited only by the imagination -- and Raystream sets imaginations free.
Las Vegas Office::
3440 E. Russell Rd., Suite 206
Las Vegas, Nevada 89120
RAYS FLOAT AS OF 06/17/2013 IS APPROX 250 MILLION SHARES
|Latest RAYS news July 9, 2013 |
Delmar Janovec, Raystream's new CEO, comments, "Brent Crouch, newly appointed CFO, and I came on board as the newly appointed Officers and Directors of Raystream on May 24, 2013. Since that time we have been in discussions with the major shareholders and major debt-note holders to develop a plan to bring the filings current, evaluate the current status of the High Definition video compression cloud-based software application, and to review new business opportunities that would add to the current operations of the Company.
Since the last quarterly filing for the period ended July 31, 2012, the Company has maintained limited operations and has continued to move forward with the completion of its High Definition video compressioncloud-based software application. By maintaining its limited operations, and its primary asset (Intellectual Property valued at $1,000,000), the Company is not a shell. Based on the amount of development and investments by the Company, and with the continuing high demand for data storage, management believes completing the final stages of the software technology is in the best interests of the Company and its shareholders. Discussions with the software developer revealed the project is 98 percent completed."
Janovec further stated, "There is a lot to be accomplished to bring the filings current and our goal is to have this process completed and filed with the appropriate agencies within 75 days."