Lets talk about the five cent PPS
RRGI is barely holding five cents after episode 2. Even if the talent were to change with jabba and his racing legend brother off the screen (Recall that they needed to film this in HD so that viewers whould get a good look at them), I cannot forsee people watching given the format of the show.
What I an stating is that the original concept has been so wattered down, that it would take a massive infusion of cash (Twenty to Thirty million?) to ressurect this thing.
People do not want to watch the lame challenges (even if they come up with new lame challenges), they cannot identify with all the "finalist" contestants, and they certainly view the mini-cars as a joke. At least the mini-cars are in scale with the size of the track.
With 20m, you could have a real set, a real production crew, real name brand talent etc along with real race cars on a real track.
As RRGI stands now, they are continuing on with more of the same and you cannot sit back and simply view the glass as half full or half empty. The glass needs to be filled up all the way and that would take millions of dollars which the management team of RRGI obviously will not part with. They are too busy skimming off $60k pace cars and promoting fake $750k grand prizes.
Getting back to RR as it stands today, how do you sustain 132m shares out when every 200k traded at this time lowers the price by 10% of the value? The answer is that you can't. The answer is that you need a miracle at this point for a come-back, and no words from Burke Bryant will change that.
A couple more factors impact and compound the issue. More and more non-investor viewers will get bored and leave if they are subjected to another half hour of Alpha Dogs playing children games. In addition, the competative networks will align better programming in the attempt to lure viewers away from Spike at the 9 am time slot. I believe I said months ago that Ron Popiel would be more entertaining with the vegamitic. With cable networks, it is completely transparent as to who is tuned in and the advertisers get to see this as well. My bet on viewer size would be with the vegamatic at this juncture.
RR thought they could spend as little money and time as possible to produce a show without the experience to predict the end result. They are amateurs on one hand and borderline maniacal egotists on the other as evidenced by them placing their own pug faces in the production.
Stan
