InvestorsHub Logo
icon url

reeltimeking

10/30/07 12:08 PM

#22985 RE: thaiguy #22976

Gridnetworks is not Reeltime. For all practical purposes, we have no ownership init. Reeltime can go kaput, and Gridnetworks can keep going, actually replacing us at some point in time. Get real!
icon url

Tokamak0

10/30/07 12:44 PM

#23004 RE: thaiguy #22976

FWIW dept.. I believe that one of the un-named partners in this deal is Comcast.. If I am right, (which I think I am since the info came from a Seattle source) then this means that the Grid player is going to go into the Comcast boxes pretty soon.. this has all kinds of ramifications..
One of which is that if lots of people start using the Grid player and their new money means we move to Grid player version #2 pretty soon (HD 720p) then RLTR will stand out as ONE of the new entrants in this well supported player world.
Also, it points to RLTR's central model and content..
There will be many who will slam in with the big bucks and get studio content but relatively few if any that will have the revenue sharing model that Bev and Barry have championed..
As long as we have unique content, there is room for us in the marketplace. I still think that at $.11/day or $40/year, this is a great deal and they should have $40 mil of revenues in the blick of an eye, as people become aware of the site...