I need some clarification here if anybody can help me. I'm really confused how everybody here thinks ICTN is a better play then RLTR. ICT infact was the one who developed the technology that Reeltime uses but that technology was sold to Reeltime. Hence the 32 million in restricted shares. But according to the SEC Restricted Shares are exactly that Restricted. ICT must hold on to those shares until they have a transfer agent remove the restricted tag to sell any of those securities to the public and then must notify the public that a portion or the entire stake has been removed from its restricted status. I think that will probably tank the RLTR stock because that is almost 1/5 of the A/S that is now on the open market that has never been there before. And by removing the Restricted status never shows strength in a company. If any common investor sees that the insider's are trying to get out of a security, that's never good.
Also I think that Reeltime is the more public company. How many people really understand that ICT really does own the controlling stake in RLTR. And by the way, I know Barry has probably been extremely busy with the Reeltime launch but does anyone really know what's going on with ICT today. I mean they aren't really a PR machine at all. I remember hearing Barry's interview with MN1 and him telling everybody that they are moving towards reporting the company's financials but until that day nobody really knows what's going on at all. Even then until they are audited by an accounting firm, they are not really worth anything.
Now if anybody has done any homework on these two companies, they already know that Barry is a brilliant man. Just do any google on him and you'll find out that he is a well respected business man and entrepreneur out there on the west coast. He's a very intelligent man so I'm sure he's got something figured out better then my own thoughts.
And my own thoughts are that Reeltime and Innovative should just merge together. Think of all the cost savings they would have. I know that they share an office as is is but Barry did say that eventually Reeltime would be housed in a seperate office when they get settled in. I don't know if this makes sense to anybody but 1 + 1 doesn't always equal 2. The synergy that would be created with the merger will cut costs for both companies.
Anyways these are me thoughts and I do own positions in both companies. Also I do have a BBA in Finance and in the process of recieving my MBA so I do have somewhat of a clue of how these things work.
