Monday, July 02, 2012 10:09:20 PM
One point in the RTGV interview featuring Reggie James and Cord Pereira focused on Brand E's having a strong heritage in the mobile and cellular arena. They have technologies in this area and are working with several organizations. Cord makes a comparison to the technology that is being developed mentioning Instagram who works with static photography, which is technology that works for video.
Doing some DD on InstaGram shows they are another example of the massive valuations that are given to companies in or related to RTGV's sector. Instagram has made no money, was founded in 2010 and was bought by Facebook for $1billion in cash and stock in April this year -http://www.bbc.co.uk/news/technology-17658264
You can listen to the interview here: http://www.rtgventures.com/press-releases/rtg-audio-interview-cord-pereira-reggie-james
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
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