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Sorry to come over that way. Communication is strong with the company and Reggie in particular. I just did not want to commit Reggie to responding to a particular question. I know when talking about bigger companies many times you have to get approval first. In the end that is the choice of the company not mine. I did not expect anything until these meetings are over. I do feel that is a very good question and hope for an answer at some point soon.
Very good questions. I personally do not have the answers. I will most certainly pass this directly to Reggie. If/when he responds I will post his response.
Thanks!
Perhaps everything up until recent was perceived as running smooth and on time. A delay at a critical point in time caused the company to look much deeper and make changes not only for the current situation but what could occur in the future. Your point is well taken though and it is reason for concern. That is why we are where we are. I look forward to the company publicly addressing Cloud Channel after their meeting. At that time it may be good to collect some good questions that shareholders still may have and submit them. Perhaps Dom can use a blog to answer those questions. Just thinking out loud.
I spoke with Reggie today and exchanged mail with Linda on the topic of the status of the awareness program and Cloud Channel.
The delay should not have happened. Everything is now back on track with the developers that were outsourced. RTG will be monitoring the confirmations and promises they were given very closely. The evolution and the process of exploiting the disruptive technology going forward into the commercial marketplace will be streamlined, enhanced significantly, and stewarded closely from now on. A more comprehensive overview with a specific time line to shareholders will be on the agenda at the Board of Directors meeting in London on Thursday, Sept 22.
I had put in a previous post that we should allow the company a little time before they make a full statement. They obviously had a delay that was unforeseen. I know I was shocked. I expected it to take some time to get to the bottom of what happened and a time frame set before we get back on track with the campaign. It appears by what they said to me today we will get a good idea sometime soon after their meetings. Hopefully we get some good news.
Yes they could change the order of things if its possible. It may be that some other key developments are contingent on Cloud Channel going live. I don't know that to be a fact just suggesting the delay may have caused other delays. This is why I think the company needs to let everyone know the status of the campaign. We all made a very big deal out of the length and potential breadth of this campaign. Therefore a delay IMO needs to be explained. Especially to the new people that bought in on the campaign and the ones now watching. Not meaning to minimize the long shareholders concerns. To lose those people damages results of the first leg further. I think a little patience should be granted too. It is possible they are digging themselves to see the extent and cause of the delay. Can't relay proper info to us if they don't have all the facts in yet.
I am merely throwing out whats running through my mind as possibilities. I don't know what the answers or specific issues are. I am confident that they plan on updating us asap.
That would be a very interesting and informative seminar to attend. Reggie keeps gaining exposure as he grows Digital Clarity. He has the potential to payoff big for RTGV given some time. I think quite a few shareholders are invested here because of Reggie and that number will grow imo.
Their approach was to have no delay in the campaign. The second leg was scheduled for first week of September. That was designed to be more powerful than the first. At the end of leg two the stage was to be set for leg 3. The delay in Cloud Channel going live stopped it in its tracks. The question is. Should we have begun not knowing for sure everything was signed sealed and delivered? I say no we most certainly should not have. If I had a clue that could happen I would have warned against it beginning. Can't take that risk. Once again lets wait and see what the company says. I am glad everyone is voicing their concerns about what transpired here. My hope is the delay is very temporary and everyone in the company and myself learn a great deal from this. Enabling everyone to work together better and run the rest of the campaign flawlessly when it resumes. The best plan in the world is worthless if there is no execution. Execution is everything. Shareholders took a big hit here and that needs to be turned around.
At this time I appreciate the DD especially from hat12trick. I will stay positive because the potential is still real and alive
The problem is I believe news was based around Cloud Channel going live. That was the second leg from what I am understanding. Therefore all that news was put on hold temporarily. We seen quite a few news releases from Digital Clarity. I don't think we need soft news we need some hard pr's. Soft news that can be a blog may do more harm than good. Lets take a deep breath and see what the company says
Rest assured I have passed along your sentiments not in your words but my own. Mine were much stronger. I will be sure they see your post as well.Y3es I am weathering the storm and that is just what it is. Stalling after the first leg of the program was a major set back for all us shareholders. That does not mean its time to lay down and die. To comment on your last sentence. I think we could very well be in leg two of the campaign in a month. I hope sooner.
I had a CC just the other day with management asking for the very same things. Shareholders need answers as to why the delay and where is cloud Channel. I believe they are digging for some answers on why Cloud Channel did not go live and will communicate with us shortly
That info brings me to this news from Digital Clarity that I felt was overlooked. The potential to gain significant revenues from App development is quite large
RTG Ventures Enters $6.8 Billion Mobile App Market
http://www.marketwire.com/press-release/rtg-ventures-enters-68-billion-mobile-app-market-otcqb-rtgv-1552050.htm
RTG Ventures Powers Mobile Marketing Intelligence With PPC Manager
http://www.marketwire.com/press-release/rtg-ventures-powers-mobile-marketing-intelligence-with-ppc-manager-otcqb-rtgv-1552552.htm
Perhaps Reggie at Digital Clarity will develop Apps for Music Collecting. Something that I will certainly run by him
Thanks for all the DD. You help everyone realize the potential here.
The facts about the OTC:QB
http://www.otcmarkets.com/content/doc/ps/OTCQBfactsheet.pdf
Keep in mind Reggie is followed by people in his industry that look for his tweets on many topics. He provides services to companies whereby many of his tweets have related information
Your using a oxymoron now. Yes they trade on the over the counter exchange that is run by pink sheets but they are not pink. Most everyone understands this by now. But for the few that may not, Hundreds of companies were moved to the OTC:QB from the OTC:BB by market makers. If I recall correctly over 800 to start with. In order to remain on this exchange you must comply with the same rules of any reporting company on the OTC:BB. If the company failed to do that then and only then would they be moved to the pinks
OTCQB is the middle tier of the OTC market. OTCQB companies are reporting with the SEC or a U.S. banking regulator, making it easy for investors to identify companies that are current in their reporting obligations. There are no financial or qualitative standards to be in this tier.
OTC Pink – The Speculative Trading Marketplace
The bottom tier of the OTC market, OTC Pink is a speculative trading marketplace that helps broker dealers get the best prices for investors. OTC Pink has no financial standards or reporting requirements, but companies in this tier choose the level of information they provide to investors and may have current, limited or no public disclosure.
Just to put the facts straight. There are no form 4's from Linda Perry. Therfore she has sold no shares. She can be reached for comfirmation although none is needed. They are fully reporting. Disposition of shares must be reported.
I am glad you see the potential. You certainly appear to be very schooled in the penny market. I hope the company can show you the proof. The sooner the better for everyone. Best of luck with all.
This is looks to be a massive sector in the making. It is anticipated to be over 120Billion dollars. We just need to become a player. Bring something that somebody wants or simply get a piece of the pie
David beat Goliath by the way lol
Ed Donnelly founder of Aderra was there as well. Both working closely with RTGV
Check out the progress of Aderra RTGV is mentioned
On June 27, 2010 Aderra teamed with L.A. Indie band Killola to create the first live video performance streamed to the inside of an album. Using a new technology the company dubbed "PushOvr" a live music performance was streamed to a User Interface contained on the band's latest USB album release. The event was covered in several media outlets such as Billboard.biz[8], cNet[9],the L.A. Times Technology Blog[10] and Pluginmusic.com[11].
On September 14, 2010 Aderra released new music by The Cult on CD/DVD DualDisc, 12 inch vinyl, USB flash drive, FLAC download and Mp3 download.[12] The release titled "Capsule 1" is the first in a series of mixed media offerings from The Cult.
On October 26th, 2010 Aderra announced the release of The Cult Capsule 2 and a new single, Embers, to debut on iTunes Nov. 1, 2010.[13]
On November 16, 2010 Aderra released a second new release from The Cult on an Enhanced CD titled "Capsule 2: New Blood, Deep Cuts" Featuring a short film Titled "Black Angel".[14]
On December 17, 2010 Aderra Inc. was included in an article written by Damian Kulash, singer of rock band OK Go, in The Wall Street Jornal. The article was an overview of Kulash's opinions about the future of the music industry.[15]
A Custom USB Flash Drive created by Aderra for Electronic artist Deadmau5
On February 24, 2011 Aderra and RTG Ventures announced a partnership to monetize digital concert videos streamed to mobile devices.[16]
The summer 2011 Edition of Berklee Today Magazine featured Company President Ed Donnelly in an article about the current state of the music industry.[17]
I took it as you trying to shed some positive light on things. That I appreciate
First of all any contents of e-mail I sent has nothing that can not be seen or given to everyone. But to offer to post a confidential e-mail with a confidentiality statement attached is not advised. Not that I care but if you did that to the wrong person you could have a legal issue. Even disseminating that info to another has its risks. Just some thoughts
You had asked why you should buy and not sell.
My response was I can't offer that kind of advise.
I stated I assumed your looking for a short term event to rebound this stock again as is everyone. I sited info from the shareholder letter about the endorsement. I feel that is a strong potential possibility. I also believe that process is going very well. Described that the company does not want a typical endorsement they want more of a long term commitment. One where the artist and company can grow into this technology together. Do certain events together.Bring other artists in etc. I also said that I expect the company to inform us on the delay in CC and the awareness program. As well us update us on the potential endorsement. These things have been posted here already. I did relay that to the company today. Now lets see what they are able to tell us
I think that about sums it up
I will not disagree with you that is for sure. I said the same things to the company. However the next leg of the campaign has to have developments ready to go in order to begin. I hope and do believe a fire is under everyone to do everything humanly possible to resume with what we started here. I am still shocked it took this turn and I do belive it was not intentional in any way.
I spoke with some of the principals today regarding this very topic. They are more than willing to explain the delays and provide more info. As far as the endorsement I think they are limited in what they can say since they are negotiating. It would be good if they could say something on that topic as well. I believe they will work on this asap and likely communicate very soon. I do understand delays in this area because its technology and software. Still not happy about the way things transpired here recently but far from giving up
I think there will be a great deal learned about this. With the experience everyone gained in running the first leg of the campaign I expect the second leg will be very well done. I just hope the developments occur in the short term so this can resume at a strong pace
Great to hear. I don't think anyone can deny the potential here is very strong. We are in a sector at its birth that is trying to change the way music is sold and monetized. We are entering into a time where streaming live events could become common place. Not even the big companies such as Google has all the answers. Its going to be work in progress for quite sometime. The same applies for RTGV and Cloud Channel. I do expect the company to explain some of the delays as well as other issues along with expectations and positive developments very shortly. We continue to suffer with the share price not performing. I think the company is making great strides as evident by milestones that have been met in one year of business.
That is exactly what I proposed/advised to do a couple days ago. Put out a shareholder update on the status of Cloud Channel, the second leg of the awareness program, and the endorsement proceedings.
I see, that is interesting. RTGV certainly needs significant power well above that. They also need an endorsement that is ongoing. One that will organize events and bring other celebrity artists on board. Not a one or two time endorsement then on their way.
I think Steve at Aderra has a very good shot to bring us a significant deal.It will be up to the company to get the disruptive technology to a point where the two can work hand in hand
I know your frustrated as we all are and a very long shareholder. But this one is far from over.
Hang in there. I don't think this is the time to give up. If I thought so I would not be posting still. I post what I believe and that will never be compromised. Very rough road here of late though. That I am not happy about either.
Yes appeared asleep at the wheel. That does not change my expectations of what she can bring to DC, Audigist, and Cloud Channel
I like the humor at a time that is unsettling. Lets keep in mind Steve at Aderra is engineering this artist endorsement. They are working on this for the short term
May be good to take a peek at this client list again to see the potential of the kind of artist he will bring in
http://aderra.net/clients.html
We all know how well connected Steve is and how he has developed very strong relationships with some of these big artists.
The fact they are working on getting this endorsement wrapped up gives me great confidence that Cloud Channel is not far off from being live as well
Fiona knows what she is talking about. Its great to have her involved in NYC with Digital Clarity. At some point this relationship is going to bring a great deal to the table for RTGV
Nice board here
Another $24.3M raised in August for close to half a billion raised in music start ups so far.
http://digitalmusicnews.com/stories/083111august
Things can change fast if your in this sector. RTGV remains one of the very few public micro caps in this space.
Great post and very accurate
I see no signs of it starting yet. Likely just a short delay. Your right though it should have directly followed the first stage or certainly soon after.
Can't argue with saving money.
Nothing wrong with those kinds of news stories. As long as key developments are also taking place. Stand alone I agree
I agree on a couple major points
1. The news has fallen short here by a long shot. The second promo was scheduled to begin with what we all expected a bang. It could be simply some unexpected delays. It could change in a hurry.
2. The endorsement has to be someone with a big social following and a level of a 50 Cent. I agree. With Steve working on this from Aderra I don't think he would shoot for anything less
I do know Linda was in LA today meeting with Aderra. Perhaps that will net a result we are all looking for soon
I think to get the very best answer on that you should contact Accenture not me. I am certain Accenture does not do joint pr's with every deal that is made with them and their many subsidiaries. They would spend all day making public statements. The fact they allowed RTGV to use their name as well as Origin Digital in blogs and pr is credibility.
I expect to hear much more on the Accenture RTG relationship moving forward. Dom has some good blogs on the topic as well. http://domhawes.com/
Good times ahead for FAZ
The edit is complete
Thanks. Will pass that on