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If it's not coming anytime soon we will be out of cash and certainly have no money to drill. What are their options? Anyone?
It has been one major mistake after the next and now we have no ammo. There's always an excuse. They've done nothing, continue to burn through cash and now we are pretty much bankrupt. No one is lending a money. No one is drilling. Why don't they just sell the entire rights to another company in return for stock or cash and at least let us salvage something. This company is done and they backed us in a corner unless I'm missing something.
You killed us Ray. You killed us. Hope you enjoy your holidays.
Since no one is reading this board or invested in HDY, I wish Ray chokes on a turkey bone this Thanksgiving. I'm sure that would at least warrant a PR.
For some reason people just don't want to see it this way. They feel much better about complaining and questions every step forward. I'm in a penny stock. I'm in a penny stock that finally has direction AND revenue. I'm in a penny stock targeting a high growth industry. I'm in a penny stock where the investor group is figure out how to make themselves and other shareholders money and are haw ily vested. I'm ok with all of these moves. Understand the skepticism but every thing JH does is questioned and continues to be very annoying to read.
Good read. I know a ton about this space. Met with Steve DiAngelo on a project. Industry is in it's infancy.
Agree. I would be more skeptical if there was no revenue. People we finally have revenue. This is great news. Nice to officially know we have a fighting chance now. I assume they will tie this into some video production revenue wrapped around further advertising potential.
Seriously? Nothing is good enough for some. Look forward to $.02 and your getting out. This is great progress and the. Most we've seen in a long time.
Sweet. I'm telling you this industry is flush with cash and with the increase in competition now that it's becoming more legal people want to advertise their brands, dispensaries, etc. We are getting there.
ReelTime Lands CannaBrands as Title Sponsor for LoudMouth News
SPRING HILL, Fla., Nov. 25, 2014 (GLOBE NEWSWIRE) -- ReelTime Rentals, Inc. (RLTR) proudly announces today that the Title Sponsorship of its Radio production 'LoudMouth News' has been purchased by CannaBrands, Inc (CBMJ). The one year $60,000.00 sponsorship provides CannaBrands certain advertising and promotional rights in connection with the LoudMouth News program and other promotional activities.
James Hodge, Chairman and CEO of ReelTime remarked, "Today's agreement with CannaBrands marks the beginning of a relationship that will be mutually beneficial to both parties. LoudMouth News serves as a news portal for the controversial emerging cannabis industry via a rapidly expanding main stream media network. CannaBrands is well situated as the leading Cannabis branding company to provide continuing support for LoudMouth News. The revenue from this sponsorship alone solidifies the demand and desire for emerging companies to invest in our program. We have now realized significant revenue for the last quarter of 2014 and throughout 2015."
"We welcome the new opportunities this agreement brings forth," remarked Allison Baird, COO of Canna Brands. "We experienced a surprising amount of feedback from an interview I did on LoudMouth News and it is clear that the industry has its ears open and is thirsting for ground breaking news based programming about the marijuana industry. LoudMouth has a unique way of presenting the industry news in an informative and entertaining manner. This effort is part of a national media strategy that is being executed by ReelTime and Canna Brands that we expect to continue and expand over time. This is only the beginning."
About Loud Mouth news: LoudMouth News, the first in a series of business news based productions being created by ReelTime Media Group, is an effort to spread awareness of publically traded companies and products that are shaping the emerging marijuana industry. LoudMouth news serves to provide news coverage on the expansion of this emerging sector and the company's active in the marketplace.
LoudMouth News, the first in a series of business news based productions being created by ReelTime Media Group, is an effort to spread awareness of publically traded companies that are shaping the emerging legal marijuana industry.
Twenty-three states and the District of Columbia currently have laws legalizing marijuana in some form and legalization is expected to sweep the nation in the years to come out. ReelTime Media Group is in the business of identifying and monetizing individuals and companies who have been thrust into the public eye through the media. This awareness may come as a result of being featured on a TV show, news worthy event, or viral social media exposure. Most individuals and companies are not prepared to monetize such exposure and often times find the exposure passes without having used it to their advantage. ReelTime through its partners is uniquely positioned to capitalize on the exposure and to maximize the benefits. Maximizing the opportunity may be achieved via merchandising, leveraging exposure into relationships, creating and marketing new revenue streams for existing products, and launching new products. ReelTime also helps increase the exposure that its partners receive and aid in the shaping of its image.
Safe Harbor for Forward-Looking Statements
When used in this statement, the words "may," "will," "except,"' anticipate," "continue," "estimate," "project," intend" and similar expressions are intended to identify forward-looking statements within the meaning of Section 27a of the securities act of 1933 and Section 21e of the Securities Exchange Act of 1934 regarding events, condition, and financial trends that may affect the Company's future plans of operations, business strategy, operating results, and financial position. Persons reviewing this report are cautioned that and forward-looking statements are not guarantees of future performance and are subject to risk and uncertainties and those actual results may differ materially from those include within the forward-looking statements as a result of varying factors. Such factors include among other things, uncertainties, relating to our success in judging consumer preferences, financing our operations, entering into strategic partnerships, engaging management, seasonal and period to period fluctuations in sales, failure to increase market share or sales inability to service outstanding debt obligations dependents on a limited number of customers, increased production costs or delays in production of new products intense competition within the industry, inability to protect the intellectual property in the international market for our products, changes in market conditions and other matters disclosed by us in our public filings from time to time, Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
He's not the only one. I think the BOD has some explaining to do as well. Agreeing to pay this guy for nothing. I've sent several emails to the board and not one response.
Appalling. Ray is starting to look like a crook
I've been involved in similar business and everything you are asking, even minor, takes a bit more time. Remember he has no one working but him. With revenue we can get more resources to set up these things. I'd rather him focus on deals than setting up a podcast account and doing all of the crap a low level employee can do. These are all good suggestions by you so why don't you email him and suggest he put an add out for an intern for now.
He's making good progress. Nothing is enough for you huh?
I've used this company before and they are great. We should ping JH and let him know it's worth spending a little money on this.
www.sociallydelivered.com/
Good points. Has anyone pointed this out to JH? I emailed him once before and then they updated everything but we shouldn't have to keep reminding him. There are a ton of social media management companies out there that manage daily posting on all platforms for as little as $400 per month like a Socially Delivered. He should hire some 3rd party to do this on a daily basis. It would add a ton of value. As for the name, I don't care as much as you all do about this topic as long as we have revenue and progress.
Agree. If he's smart he will also start producing videos in this space so he can be the leader in content creation for this industry. You can then sell ads around radio and video. Very happy we are entering this space. I believe I mentioned this once before as an idea as well as crowdfunding, another hot area.
Lol. I would be buying from them.
Awesome. It's a good and growing industry to get be associated with. These businesses are also flush in cash to spend on advertising. I'm happy to read that there is now actual progress.
Starting to think more and more we are just setting ourselves up for a reverse merger. The company needed to be cleaned up first with financials in place and being filed on a timely basis. Nothing else could explain why we are where we are at. Maybe I'm wrong but that latest quarterly report really threw me off.
I see your point after this release. I would like to think we have something in the pipeline and are not getting jerked around. We shall see eventually. By the way, if there is no plan for this why not just let it go under? Why prolong nothing? This is why I think something has to happen.
How do you feel about this last quarterly filing. Doesn't look like we made one ounce of progress on the revenue front? Please share if you know more. Thanks.
That was a crap shoot not a plan. I'm really hoping they have more going on than this. I'm not giving up just yet.
I don't think this is a scam. I do think we have a weak CEO. If you can't execute you should not lead. Scam is not the word I would use because I don't think anyone is duping us. It's pretty clear we are not a business but building one. Just don't have the right guy building it. He cleaned things up which is great but the time was yesterday to start producing revenue. Just my opinion.
I guess this continues to be a one man show with hodge. We have no employees.
Looks like not one $ in sales yet.
Maybe we should merge and change our name to Turn Left. They seem to have a lot more going on then we do.
I hope there's an announcement coming that we are associated with this.
Turn Left Productions partners Jackson Nguyen and Todd Crites are producing with Relativity, which will finance, produce and distribute the film. Bruce Cohen is also producing and Relativity exec veep Richard Potter is overseeing the film on behalf of the studio.
deadline.com/2014/11/lee-daniels-demon-house-latoya-ammons-demonic-possession-1201282697
Oh stop
Then they would mention that potential in that report but they did not. So why?
Why would that be? The problem is what are we supposed to get from this. This is the first time we were left off. Wouldn't you acknowledge things are at least on hold or would you ignore like they did entirely.
It is a gamble, but the risk far outweighs the reward on this one. I think you can objectively agree with me on this. All a matter of what happens first.
AMEN!
Buy when it hurts only works in some scenarios. This company is burning cash and has its hands tied. 2 worst things that can happen at the same time. We are essentially paralyzed. They need money and no one would buy a stake in concession until the investigation is finalized and no one knows how long. Same goes for an announced drilling date. Every time we think we turn a corner, we get kicked in the nuts. Once the FM was lifted and we won that settlement we thought we would turn the corner yet again. What happened? Ebola and declining oil prices. I'm only holding because I think we're sitting on something big. I just hope we are the ones that realize the gain. No doubt someone will in the future but it might not be us. You have been preaching this unlimited upside argument for a while. I just don't think it's in our cards with everything we have against us. Even if the investigation is settled, Tullow might not drill at these oil prices. If they do not, maybe we can find a buyer to take us out. Again, investigation needs to be settled first. Am I wrong?
It just sucks to be in this right now and down a good sum of money. We are at the mercy of the US govt and Tullow. Really, wtf is there for anyone to do at HDY. They just need one guy and a legal team. Tullow isn't going to provide more info so they have an out if need be. The ONLY thing that makes me feel good is that I believe Ray and Tullow believe that they are sitting on a shit load of oil. That's the only explanation as to why each of them haven't completely jumped ship which they could easily and justifiably both do. It would be nice for Ray to reinforce this point one more time but he won't.
I guess no one is following this board anymore. Ok.
Why has no one mentioned this statement which could bode well for us.
"In 2015, we will be focusing our capital spend on producing and development assets, particularly in West Africa where, by 2017, the Group expects to be producing, net to Tullow, over 100,000 bpd of high quality, high margin oil."
Seems like the pressure rests strictly on HDYs shoulders to get the investigation settled. Anything else seems to gives Tullow the out it needs.
Has everyone on this board sold their shares? If not, why? I haven't but might now. Looking for any positives from anyone. If we're not in the 2015 picture, we are pretty much officially toast. Any thoughts please?
We shall see but the current stock price is holding steady at these levels for some reason.
Correct. I misspoke. It is an investigation not a lawsuit. Sorry.