That’s right, it “doesn’t hold water”, i.e., it is not supported with FACTS.
This was the statement:
”If you read the WorldFlix Ampex press release it says “revenue producing partnership”. To me that could mean joint product development agreement.
The AMPEX president was quoted in that release, so I am guessing it is the real deal.”
There’s nothing factual to support these claims, it’s merely speculation.