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turbosig

04/28/14 9:54 AM

#210 RE: Muvucker #208

I've been in NXOI/RBIZ for 10+ years.

As for the current state of RBIZ. Here is what I follow based on conversions, etc. (Do I follow news? Not really, the current CEO usually uses news to pump and bring on new $$). RBIZ (only because of the former RealMedia) has a decent idea for a product. I see Nestbuilder is live, but I doubt any real agents are using it yet (the latest 10Q shows nothing but expense, no revenue), they'll need a national contract to make it a viable competitor with any local/national Realtor site. Oh the App? I've heard talk of the "App" since, well crap, I can't remember.

If any of this does come to fruition, well I'll be a monkey's uncle (and a VERY happy one). Anyway, for now, hoping Bill will keep the gravy train flowing, this is my logic.

Do not buy > $.2

< $.15 - start considering
(start looking) - If it gets here, the sub class stock holders are gonna start liquidating faster than you can buy. So you can probably get it cheaper down the road.

< $.10 - (wipe out class D)
- Now you just wiped out the profit for "old money".

< $.05 - (wipe out class B)
- Now RBIZ just said FU to all it's sub-class equity/debt holders - NXOI all over again.