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I did a search on Sul Sol Ent artists, Heff, Big John and Raeshon, the only one I found if is Raeshon.
http://www.bcomedia.com/raeshon/index.html
Its an old site from 2005, not sure if we are dealing with the right guy here, as different PRs spell his name differently (rayshon - dec 19 Pr, raeshon - sep 29 PR). He sounds ok, but sounds too 2002. I think the game has changed a little bit. As long as he some recent tracks he would do alright. We also need some ATL love to get him popping. Remixes would put this guy on top. ATL is hot spot at the moment.
I have to say, there was a lot of discussion today which is nice to see. I would like to throw my opinion on this whole thing. RMD is an entertainment company. It will take some time to develop and grow. We have a CEO that seems ambitious and in my opinion, has a plan which has a very good chance of succeeding. For the people who bought this stock at .01, or .008 and are so concerned that we are in the triple zero's then you dont have the right mentalility to be here. I am just stating the facts. This company has huge potential. I think they have used Roc as an opening to their distribution networks and building a brand name. This is very important. I have never seen a company so diversified. D-Bands, MOTV, ROC MONEE + other albums, RHN partnerships, DVD Magazine projects. This is a company fighting on every front to succeed.
For the people that have little faith, or for the ones who lost money, let me say one thing. If you think your gonna be rich because you went from 0.0004 to 0.01, then your investing for the wrong reason. Your just penny stock holders waiting to win the lottery. We have to have faith in Gio and the team. I dont know why, but I like Gio. He has a way to make you believe in this company. So my point of this whole message is, give the company a chance. Forget the financials, forget Janurary 2007. Believe in this company as a long term growth rather than a quick flip. And I know alot people are in this for a quick flip. I am huge hip fan. And in all this I found that every rapper, every MC, every record label Executive has worked 5 years behind the scenes to just be on the scene. The scene is just too big to be on in one night.
Gio is a brave man to come on the scene with a company that was no where in the hip hop industry and try to take us some where. Somewhere, where we know is big. Give the man some respect. Space, respect and time will let him grow and let us grow as a company. Janurary, June or next December, RMD is a name we should be proud to be associated with. It will take time and the time will come.
I know I will get some slack for this message but, the truth is, We need to grow rather than criticize. If we cant grow than we shouldnt criticize.
I have been a shareholder for over three years,lol. I remember when Ugomedia Interactive was trading at 35 cents. Those were the good old days.
RMD will make a come back. I have kept the faith.
I never said it would be simple. All I want to point out is that, I am seeing people possibly setting themselves up for a disspointment. I predictions of share prices from people in .1 and a dollar range. All I wanted to point out is that its a lot harder to move this share price than most people think. Good numbers are good number, but we need lots of revenue for this company to move back to into the pennies.
Point of my comments is to voice my opinion and tell people that we may not be moving that quick. I dont want Jan 2007 to come, and management puts out numbers and then the board members here get upset. I see figure in the 250-350K range, wth a possible move back up to 0.002. This is a huge step for this company and we should be proud of it. I just dont want people to expect a lot, becuase of short term investing.
There are other potential factors which contribute to a share price. I dont think the price is ever easy to calculate. But these are just my opinions.
Lets be honest here....we are not sure of what the company is worth. There has not been any formal reporting under RMD to claim its assests. So if according to my guestimate, the company is work between 3.6-7.2 million. If there are assests we dont know about, then the company maybe undervalued. But if their only assests, are the rental spot for the headquarters of RMD, plus a few products, and lots of distribution deal, then the company maybe over valued. Its kinda hard to tell.
We can not compare RMD to any other company in the arena at the moment. It is a very good company with lots of solid ideas. But you have to remember if these solid ideas come to life, its profit margins are higher than a bigger corporation. Very difficult to compare their value in comparison to Sony or BMG. Sony might drop 5 million dollars in promotion for one album, and make 1 million records in sales, but may just break even. RMD may put 500k in promo, and get 100k in sales and be profitable. Point is I dont think we can compare to other companies at this stage. We need some formal reporting of revenues, cost of revenues, and ependitures.
I think if RMD posts decent financials, which in my estimation is 250-350K revenues, we should expect an increase in the pps. I would like to see the price atleast go back in double zero's. I think it is unrealistic for us to expect the price to go back into the pennies at this point. I think people may hope it hits a penny or two or even 10. But if you what is happening to the price of the shares with all the dilution, it would be fair to see the price back up to between 0.002 - 0.004 on stong results. I understang that pps can be based on companies potential rather than actual value. But to have a fair value which be at 0.002-0.004 in Jan/Feb with some decent numbers and low pennies in June, for us to lift to the OTC BB as the company may break even or be profitable at that point.
Can you please tell us what this letter says, as in quoting the line that a reverse split is happening Dec 15 2006.
I am a bit confused on who is saying what here...we have one party that says R/S and another saying No R/S. CEO confirmed that there is no R/S at this time, and this was a very recent interview.
RMP, can we get clarity if you are close to G. I mean, this is a company we are dealing with and our investment. I have been here over three years, and would like some clarity. I am in the unfortunate possession where I can not call G, since I am always away at work. Emails I have not had a great response from.
I would hope everyone on this board is honest as possible. I have said this before and will say it again, this board has been very good providing information, but now the information being provided makes no sense to me what so ever.
So if either party can clarify or expand on their statements, it would be appreciated.
5000 albums sold or 5000 singles sold? Big difference!!!
If its 5000 albums, that pretty good for an artist without a video at the time, and hardly any t.v appearances. If it 5000 singles, than I would still like to see album sales figures.
I use my regular bank.
Thanks for your reply...I understand about the share #, I know its personal info, but thanks for saying the bare minimum. I hold more than what you have mentioned and I assume I should receive some sort of dividend. It maybe just that my brokerage did not receive them or have not add them yet. I understand that the value might not be much, but the principle of them being added is what I looking at.
Thanks.
Okay, no dividend for me. A question for the people that got the dividend, can you answer this (not try to get too personal thats why I included ranges), how many RMD shares did you hold at the time of the dividend announcement, 1-3 million shares, 3-6 million shares, 6-9 million shares, or 10 million shares and above....
Thanks
Well, they are expanding the product line. It will take time for the company to grow and become successful. Revenue generation is key, and I think they have made a decent start.
It is good to see the company is not relying entirely on the IPTV section for revenue generation. I like the two new products and would be interested in seeing how consumers will respond to them. I think the key thing now for this company is to expand its sales and marketing department to fully exploit its products.
WEll there could be two ways of looking at it. One is, that yes they are over stretching themselves and they may end up no where. But the other way to look at it is, they are trying every way to generate revenue...distribution on multiple levels....I think this is good, it makes them stand out, and I think it will get them far.
I agree the share price wont pop based on this show, and most of the people are thinking, well if ROC hits top 50 or 10, we will make an instant profit. But you have to remember, we are dealing with a company, not an artist. The goal of this company is to establish distribution to the masses via t.v, radio, film, digital...if we all depended on ROC performance to make this company profitable, then we are in this for the wrong reason.
Roc is a part of the company, he is there to spread the name of the company. But its Excellent that the company is taking other intiatives to expand there name. It take the pressure of ROC, and it make the company expand and grow as a Major Label. Just my thoughts though....
Anyone know what happened to Kevin Hill (former Bad Boy Records Executive)? Last I heard he did a promotion in Europe and thats it. Is he still with the company?
I dont think RMD can afford a law suit...lol
Well if Big Kountry does well, its almost like free promo for Big Kuntree....just think when your doing yahoo seaches and you search Big Kountry, it may come up and say "did you mean Big Kuntree"...well thats one way of looking at it, and the other way is RMD artist have names like other artists...Big Kuntree/Big Kountry and ROC Monee/The ROC aka Jay-z....
it cant really hurt either way....as long we get promo out and sales...sales means moving forward, and aquiring bigger and better projects...making rmd a household name....
How would opening an account in canada make you be able to short sell? Dont canadian brokers, like TD waterhouse, Scotiabank have legit shareholders?
I understand that short selling is illegal. But my question is, if certain shareholders have been identified as shortseller...are they gonna give up their shares immediately? What is the consequence of own a shorted share and who is in charge of delivering the punishment? The SEC, or MM's or the company?
RMP, now that G has the NOBO list, what is going to happen. As in how does a company, pull the cover over people who are shorting....is it a new stock that will be issued, or will a PR be made to scare them off. I am not 100% on what obtaining a NOBO would do? So you identify shareholders, and possible short sellers. How do you get a short seller to give up his position to bring the price back to real values.
I guess my question is, what is going to happen next when a NOBO list is obtained, and more specifically what do you think G is going to do?
Thanks
Thanks for the posts on the products. I was wondering wear to purchase. Looks like more than one product is coming, which hopefully should generate some great revenues. Ipod are always hot seller.
I would have to disagree with that. This company is not a subsidary of Universal. Universal and Bungalo are being used as the distributors here. RMD is using Bungalo records, which is an independent distributor through Universal. This product, (Roc Monee) is strictly an RMD product. RMD is the maker, producer, and is not an distributor of this product. They maybe an indirect distributor of Block Star Dvd, as it is a product of BlockStar Entertainment headed by Chinese Mike.
Also in my opinion, if Universal was behind this product or company, we will have the share price in the dollars by now, and the investment interest would be huge. The product would be blasted on every radio and television station in North America. ROc would have been on the charts before the album dropped. Universal wouldnt waste time on promotions. I am not saying the G and his management are wasting time, but I am sure as an independent, they are finding some difficulties penetrating the market. And in my opinion, they have done a wonderful job. They have gone from concept to product and very proud of them.
Just for info,
Did you that the chairman of All World Resources Corp formerly Wectac (company we are expecting dividends from) is Nitin Amersey. He was the CEO of Sciax/Ugomedia which is now RMD. I am not sure where the link is, but I thought I would throw this piece of information out.
Maybe if we have more useful discussions, they will come back.
To be honest with all you, I know there is a lot of frustration with the company. But, there is no real point for the bashing and name calling, and all this other stuff going on. I have been with RMD (Sciax, Ugomedia) for over 3 yrs....and I am here to learn what peoples opinions are and whats happening to the company. I have learned so much about things through your discussions. But lately, everyone is either praising someone for their opinion or knocking it. How about we just try to look at the facts and give some insight on what we think is going to happen. or what a PR might mean to this company. This critical assessment and opinion sharing will help us move forward, as shareholders, and as investors learning how to trade. Leave negative and personal attacks OFF this board, please. Lets learn and move forward.
Once again, I have learned from each one of you, but lately, its been ridiculous on how many posts are personal attacks, rather than constructive feedback or real opinions off the company we own.
If anyone wishes to challenge this, please do. If anyone wishes to agree with this, please say so. Lets use the board as an educational tool, rather than a personal punching bag.
Thank you.
I have a quick question for everyone, not bashing just curious.
What happens if the stock does not move after the NOBO list is gathered? Does this mean, this stock is over diluted or will it mean that only positive financial results can generate a movement? Just curious.
I mean we have a product, its on the market, management is delivering the goals they have set, but the pps remains to decline. In my opinion, this company is way undervalued. As Sciax corp or Ugomedia interactive, its share price was never that low.
Feedback would appreciated.
Thank you.
When and where?
Very well worded Gary, and thanks for taking the initiatve in contacting the company.
Thanks for the link. It was very informative.
I think that a NOBO list or even movement to higher
stock market such as the OTCBB may repell potential
short sellers from RMD. To my understanding, RMD has
had some dilution to its stock. However several runs of
decent PR have yeilded to lower share prices. This doesnt
really add up. If anyone can relay the short seller issue,
back to management (RealMusicPlayer or others who contact Gio), it would be appreciated. Its one thing to believe in a company, see it grow, and wish it become successful. But its
another thing where we as shareholder voice our opinions to management for things like NOBO lists, to protect our company.
If anyone has talked to management about this, please let us know. I have been a holder of this company since inception, since Ugomedia itneractive, and would like the grow and succeed. These are exciting times, but we also need to voice our concerns. This is however my opinion only. If anyone has suggestion or comments, feel free to share.
Yes thats the symbol I have, but it has not traded since October 4th, I was just wondering if it went to another symbol. Ok thanks.
A quick question.
Has anyone received the dividend for Wide E-Convergence Technologies Americas Corp. And where is Wide E-Convergence Technologies trading now (what exchange and what symbol).
I understand they changed their name to All World Resources Corporation but I can not find them listed anywhere. Anyone have any ideas?
Thanks.
Target it has it online as well.
I agree with you, RMP...I think the results are going to take a while to come out. This stock will take its time to get back up on its feet. The possibility of a share buy back, is something very good, if this is what Gio is planning. I think we all need to be patient here.
I have been with RMD for a long long time. So I want this stock to do well, and the strategies management is planning are good, and they are being implemented. There is not one thing they have said, and they havent done. So we owe them that.
Hi, New to this Board.
I have been reading all your comments in the last two days. I see a lot of frustrated investors on this board, and not very patient ones. I have held a position in RMD, before it was RMD (almost 3 yrs now). Yes the company has gone down in value, yes the company isnt worth as much as you paid for it. But I believe a lot of the investors here are here for quick profit. You have to realize this is not the case with such a project. Once Gio took over the company last year, he has delivered on every promise. DVD Magazine did come out, Roc Monee did come out, Big Kuntree is coming out. Projects are expanding. The revenue is expanding. We should be very patient in the coming months, to see how the projects finally unfold. This is an exciting time for the company, and any minute now we can see significant returns. So for all the haters and bashers of this compnay on this board, you need to work with the projects and not against. Support the artists, the products and hopefully by January we should see some significant gains.
Although the shares have diluted a lot, you still have the promises being delievered. You still have a CEO that responds to you, and you have people wanting the company to succeed. So stop the hate mail, because you didnt make your quick profit as soon as the project hit the stands. Thats my opinion though.