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Looking at the chart they had all over the place. I'm in already, chased it last week and got in at .0008. All outa cash, just waiting for my first 10 bagger.
Wow,another nice day, sorry I missed it.
TY, some news would be nice this week. Trying to do some spring cleaning of my account and if I can will try and pick up some more shares this week.
Nice to see some action here, still holding from the last move.
The article I found says Kathleen Alix is the designer now, seems she is out of Canada.
Here is her site:
http://www.alixk.com/alixK_08.swf
Link to article: (a little old)
http://www.wwd.com/media/issues/2008/09/25/wwd0925.pdf
Thanks Izzy.
C'mon guys I'm trrying to sell my shares.
Interesting turn of events, looks like Mark isn't messing around.
Who will fill the CTO postion?
In Todd we trust, one of the main reasons I still hold this stock.
Hey asus got a question.
You write:
The IRDS 2.2 was a bullet the company had to bite. We are now no longer dependent on Grid. This took a significant amount of time, and was a tough pill to swallow, but the company made the right decision. Grid is about 3 to 4 times more expensive than some of the competitors' delivery mechanisms. For some of our lower content we can stream it cheaper by going through another engine.
Do you know what platform they will be using?
The reason I ask is the grid press release today.
http://gridnetworks.com/news/press/20081217.php
GridNetworks Announces Support for GridCast TV on Sony PlayStation 3
Support for Xbox 360, Internet-enabled TVs, and now the PlayStation 3 allows the new GridCast TV service to deliver high-value Internet video to over 36 million homes today using existing devices.
Seattle, Wash December 17, 2008 - Video delivery platform provider GridNetworks today announced support for GridCast TV on the Sony PlayStation 3. The GridCast TV service, which launched last month, enables content distributors and owners to stream video directly over the Internet to viewers' TVs without requiring a set-top box or any other additional hardware. GridCast TV uses existing UPnP (universal plug and play) devices such as the Xbox 360, PlayStation 3 and Internet-enabled TVs.
GridCast TV can now be viewed by anyone with an Internet-connected Xbox 360 or PlayStation 3. With combined support for these two gaming consoles, which hold a majority of console market share, GridCast TV can reach over 36 million homes worldwide, with roughly half of those in the U.S. These numbers are also growing quickly, with Microsoft recently announcing the biggest Black Friday ever for the Xbox 360, with record sales on one of the biggest shopping days of the year for U.S. retailers.
"Microsoft and Sony know that today's console gamers are perfectly suited for new TV offerings," said broadband media expert Colin Dixon in a report for TDG, a market planning and research firm that is a leading voice regarding the diffusion of broadband video. "The segment is dominated by males between the ages of 18 and 35—a prized advertising demographic—with little sense of loyalty to their 'local' cable or telephone company. They are also heavy viewers of online video and quite comfortable spending money for online digital media."
Dixon's report for TDG further quantifies this dynamic, with numbers that underline the opportunity available to video content distributors who can reach gaming console audiences:
• Approximately 190 million households will use a next-generation game console by 2012;
• 80% of these households—148 million—will have this console connected to the Internet; and
• 75% of connected-console households—more than 110 million—will use console-based video services at least a couple times each week.
GridNetworks CEO Tony Naughtin said, "Support for the PlayStation 3 further broadens the Internet reach we give content owners into their viewers' living rooms. And just as with GridCast TV over the Xbox 360 and Internet-enabled TVs, our customers don't have to give their content to a third party, or negotiate with cable or satellite providers. They remain in control of their brand, content, and revenue."
About GridNetworks
GridNetworks technology does what no CDN or video-platform provider can do: it gets high-value Internet video onto TVs and computers—with no additional hardware—while keeping content owners in control of their brand, content, and revenue model. As an end-to-end video delivery platform provider, GridNetworks helps content owners establish a direct relationship with TV viewers, eliminating the need to work with third parties or negotiate numerous distribution deals. GridNetworks technology also scales quickly to meet audience growth. GridNetworks is based in Seattle, Washington, and was founded in 2005. Investors include Comcast, Cisco, and Panorama Capital. For more information, visit http://www.gridnetworks.com.
Press Contact
Justin Baker
GridNetworks, Inc.
(888) 946-4743
press@gridnetworks.com
Wow, my etrade streamer is showing 69M+ in volume, what's up?
Green Bay please.
Industry news:
C'mon Sony let the people know about reeltime.
http://www.broadcastingcable.com/article/CA6618039.html
Sony Wants It Both Ways
Consumer electronics giant pushes both Blu-ray high-def format and HD movie delivery online.
By Glen Dickson -- Broadcasting & Cable, 12/1/2008
PODCAST: TechTalk – Sony Juggles Internet Content With Blu-Ray Push
As it enters a holiday selling season that could prove crucial to the long-term viability of its Blu-ray high-definition optical disc format, consumer electronics giant Sony is also continuing to look for new ways to use the Internet to bring content to Sony HDTV sets.
At a press briefing in New York last month, Sony executives admitted that Blu-ray sales have lagged behind their own projections, but said they expected significant growth for the format during this holiday buying period despite a weak economy that has seen retail giant Circuit City file for bankruptcy. Sony Electronics President and COO Stan Glasgow said that the current $299 price for Blu-ray players—an item that initially debuted for $1,000—is proving attractive to consumers, as are bundles of Blu-ray players and Sony HDTV sets.
Of course, the biggest boost for Blu-ray is that the format war with Toshiba's HD-DVD format officially ended last February, making it easier to promote a new disc player to consumers.
“If it was about formats last year, this year it's about upscaling DVD vs. Blu-ray,” says Sony Consumer Sales President Jay Vandenbree, referring to the upconverting standard-def DVD players that Toshiba and other manufacturers are pushing as cost-effective alternatives.
But Blu-ray is also getting fresh competition from file-based Internet movie services like Apple iTunes, Netflix and Vudu, which have figured out how to facilitate on-demand viewing of movies and TV shows on the living room TV without the clunky workarounds that have historically been required to connect a computer to a TV in order to view Web video.
Such services deliver high-definition movies through the Internet to big-screen sets using either dedicated set-top boxes, TiVo digital video recorders or high-end game consoles like Microsoft's Xbox. Vudu, which uses a proprietary $299 box sold online and at Best Buy, has even introduced a new high-end format called HDX that uses the same 1,080-line progressive scan format as Blu-ray, albeit at a much lower bitrate.
Sony has responded to the burgeoning Internet movie on-demand market. It has started its own movie download service for its popular PlayStation 3 console, which already had the ability to play back Blu-ray discs.
“We're going to continue to develop that,” Glasgow says. “We would like to expand the PS3 store to other studios.”
Besides the online movie download capability of the PlayStation 3, Sony is also pushing the delivery of streaming content to the TV through the Bravia Internet Video Link, a $300 add-on module that connects to a home network through an Ethernet link.
In addition to delivering Web video content from partners like Yahoo and YouTube, the Bravia Internet Video Link was used by Sony in late October to deliver a streaming version of its movie Hancock in advance of the Blu-ray release last week. The streaming version of Hancock sold for $9.99; consumers who bought it will also get a hard copy of the movie on Blu-ray.
Glasgow acknowledges that Internet movie delivery might be competitive with Blu-ray but says the two distribution methods can coexist in the long run.
“I don't think everybody is going to move to downloads,” he says. “I don't think there is enough bandwidth for everyone.”
He also believes that many consumers will still prefer purchasing their movies in the physical form of a Blu-ray disc.
But that hasn't stopped Sony from looking for new ways to use the Internet to deliver content. Glasgow hinted that the company might unveil products at the CES show in January that directly integrate Internet connectivity into the TV set, eliminating the need for a separate device like the Video Link or PlayStation in order to watch movies through the Internet. Such products might also incorporate the tru2way software specification, developed by the cable industry and supported by Sony and other major TV-set makers, which eliminates the need for a cable set-top box in order to watch premium cable programming.
“We're taking steps to make it easier,” Glasgow says of Internet movie delivery. “We believe that Internet content will be part of TV-watching in the future.”
Titans please.
Buffalo please.
.02 weeeee, Go Barry!!!
Figured I'd be the first.
St. Louis please.
Carolina please.
Arizona please.
Pats please.
Nice close today, my 0001's looking nice.
Jets please.
From SEC site: What Will Happen to My Stock Chapter 11
http://www.sec.gov/investor/pubs/bankrupt.htm
What Will Happen to My Stock or Bond?
A company's securities may continue to trade even after the company has filed for bankruptcy under Chapter 11. In most instances, companies that file under Chapter 11 of the Bankruptcy Code are generally unable to meet the listing standards to continue to trade on Nasdaq or the New York Stock Exchange. However, even when a company is delisted from one of these major stock exchanges, their shares may continue to trade on either the OTCBB or the Pink Sheets. There is no federal law that prohibits trading of securities of companies in bankruptcy.
Note: Investors should be cautious when buying common stock of companies in Chapter 11 bankruptcy. It is extremely risky and is likely to lead to financial loss. Although a company may emerge from bankruptcy as a viable entity, generally, the creditors and the bondholders become the new owners of the shares. In most instances, the company's plan of reorganization will cancel the existing equity shares. This happens in bankruptcy cases because secured and unsecured creditors are paid from the company's assets before common stockholders. And in situations where shareholders do participate in the plan, their shares are usually subject to substantial dilution.
If the company does come out of bankruptcy, there may be two different types of common stock, with different ticker symbols, trading for the same company. One is the old common stock (the stock that was on the market when the company went into bankruptcy), and the second is the new common stock that the company issued as part of its reorganization plan. If the old common stock is traded on the OTCBB or on the Pink Sheets, it will have a five-letter ticker symbol that ends in "Q," indicating that the stock was involved with bankruptcy proceedings. The ticker symbol for the new common stock will not end in "Q". Sometimes the new stock may not have been issued by the company, although it has been authorized. In that situation, the stock is said to be trading "when issued," which is shorthand for "when, as, and if issued." The ticker symbol of stock that is trading "when issued" will end with a "V". Once the company actually issues the newly authorized stock, the "V" will no longer appear at the end of the ticker symbol. Be sure you know which shares you are purchasing, because the old shares that were issued before the company filed for bankruptcy may be worthless if the company has emerged from bankruptcy and has issued new common stock.
During bankruptcy, bondholders will stop receiving interest and principal payments, and stockholders will stop receiving dividends. If you are a bondholder, you may receive new stock in exchange for your bonds, new bonds, or a combination of stock and bonds. If you are a stockholder, the trustee may ask you to send back your old stock in exchange for new shares in the reorganized company. The new shares may be fewer in number and may be worth less than your old shares. The reorganization plan will spell out your rights as an investor, and what you can expect to receive, if anything, from the company.
The bankruptcy court may determine that stockholders don't get anything because the debtor is insolvent. (A debtor's solvency is determined by the difference between the value of its assets and its liabilities.) If the company's liabilities are greater than its assets, your stock may be worthless. Contact your local Internal Revenue Service (IRS) office or call 1-800-829-1040 for information about how to report worthless securities as a loss on your income tax return. If you don't know whether your stock has value, and you can't find a stock or bond price in the newspaper, ask your broker or the company for information.
Why Would a Company Choose Chapter 11?
"Prepackaged Bankruptcy Plans"
Sometimes companies prepare a reorganization plan that is negotiated and voted on by creditors and stockholders before they actually file for bankruptcy. This shortens and simplifies the process, saving the company money. For example, Resorts International and TWA used this method.
If prepackaged plans involve an offer to sell a security, they may have to be registered with the SEC. You will get a prospectus and a ballot, and it's important to vote if you want to have any impact on the process. Under the Bankruptcy Code, two-thirds of the stockholders who vote must accept the plan before it can be implemented, and dissenters will have to go along with the majority.
Most publicly-held companies will file under Chapter 11 rather than Chapter 7 because they can still run their business and control the bankruptcy process. Chapter 11 provides a process for rehabilitating the company's faltering business. Sometimes the company successfully works out a plan to return to profitability; sometimes, in the end, it liquidates. Under a Chapter 11 reorganization, a company usually keeps doing business and its stock and bonds may continue to trade in our securities markets. Since they still trade, the company must continue to file SEC reports with information about significant developments. For example, when a company declares bankruptcy, or has other significant corporate changes, they must report it within 15 days on the SEC's Form 8-K.
How Does Chapter 11 Work?
The U.S. Trustee, the bankruptcy arm of the Justice Department, will appoint one or more committees to represent the interests of creditors and stockholders in working with the company to develop a plan of reorganization to get out of debt. The plan must be accepted by the creditors, bondholders, and stockholders, and confirmed by the court. However, even if creditors or stockholders vote to reject the plan, the court can disregard the vote and still confirm the plan if it finds that the plan treats creditors and stockholders fairly. Once the plan is confirmed, another more detailed report must be filed with the SEC on Form 8-K. This report must contain a summary of the plan, but sometimes a copy of the complete plan is attached.
What's up mrgoodtrade, my streamer is showing trades going above the ask and below the bid, with bid and ask staying at .0965 x .097?
I saw .10 then .105, ask stayed at .098?
Yeah Vulcan, 450K @ .0001, brought my avg. to .0004. Lets hope we see some movement soon. GL
They would have to investigate almost every big bank out there then. Don't think anyone wants to open up that can of worms!!!
Picked up a few more, had $50 bucks laying around.
Is BK hearing still on today or moved to the 20th?
Opps TOU and yeah, posting personal info. What difference does it make anyway?
I learned my lesson posting what IR says. I'm just going to sit on my shares till they hatch.
It's a TOS violation.
Philly please.
Yeah, I miss Tom Brady.
well said tombrady... now rest up.
Indy please.
This is better drama than the WAMUQ board.
Denver please.
Reeltime got a mention on Video Business online:
http://www.videobusiness.com/article/CA6598269.html
National Lampoon, Reel Time sign VOD pact
As many as 12 titles offered per year
By Danny King -- Video Business, 9/22/2008
SEPT. 22 | National Lampoon will offer some of its movie titles via video-on-demand over the Internet by ReelTime Rentals, the companies said in a statement today.
ReelTime will offer such titles as National Lampoon Presents Electric Apricot: Quest for Festeroo and National Lampoon Presents One, Two, Many through VOD on its Web site. The agreement might include as many as 12 National Lampoon films a year, the companies said.
"Having ReelTime Network as VOD partner gives Lampoon fans another convenient platform on which to watch our movies and ensures our titles will be seen throughout America," said Tom Daniels, president of worldwide distribution for National Lampoon.
ReelTime's Web site has about 750 movies, ranging from newer titles such as Pirates of the Caribbean: The Curse of the Black Pearl and National Treasure to older movies including Glory and Groundhog Day.
The Seattle-based company, which trades on the Pink Sheets, in June inked an agreement with Walt Disney Studios to provide video-on-demand versions of films from Disney-Pixar, Touchstone Pictures and Miramax Films, among other Disney divisions.