Radioio Inc (RAIO)

[rasta48]

Merlin is not RM's only. He was many partners he is the operations but financing is not his. He has several large partners that supply capital. His deal with IWDM is in no way related to his other ventures, he sold a "company" of his for shares, and that is it.

There is no unique platform at IWDM that Merlin stations could benefit from. In fact for Christian, all news and female focused stations any affiliation with IWDM (Bubba) would be deadly and sponsors would flee. IWDM is and always will be a very small fish in a very large and dangerous pond. Like it or not IWDM has been used as a piggy bank for insiders, and a thank you gift to friends and associates who get granted millions of shares for something that no one can fully explain or value.

It is not possible that RM can walk to the board of directors of the hedge funds and venture partners of Merlin and convince them that they should use a small penny stock company that is diluted to the hilt with a board of directors who have a less than stellar reputation to broadcast all of their stations online. These are serious business men who dont need or want association with firms like this. Not with everyone's reputation and money at stake.

If IWDM was serious about that type of business model then they would have restructured shares and board of directors already.