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ddbann

06/06/08 6:22 PM

#6651 RE: dogcat #6650

P2P/25 Million? Users connect to users and you don't need a central server with all of the P2P songs on it. Only need a server for the 5 million lable original's.
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GoQtrax

06/06/08 6:22 PM

#6652 RE: dogcat #6650

dogcat,

I was using total guesses. I had to come up with something quantitative.

To clarify, my guestimate is ONLY for the server-based approach (physically uploading each and every song to Qtrax servers). The P2P model would have already HAD all those songs available, since it uses the entire Gnutella networks computers and song libraries. The only uploading would be the fingerprint files, which are tiny compared to the full audio files. A much, much, much faster process.

I personally do not believe that the server-based approach will be here to stay. I think the lawyers were in there dicking with these decisions. They did not want to jeopardize their existing law suits.

The point I was trying to make is this: don't expect the full UMG library to be available when the downloads start.

On the market action today, I do not believe that this was simply someone dumping their shares to get out VOLUNTARILY. With the huge plummet in the market today (for a variety of reasons), anyone holding shares on margin would have gotten large margin calls. I think people were selling whatever they could to meet those calls. This includes people who have "play money" invested in penny stocks.

As coolmil stated, the dollars here are miniscule. DON'T let todays drop scare you. If anything, I look at it as another buying opportunity! IMO.

Good things coming. But of course, you don't have to believe this if you don't want to. We'll all see what next week brings.

KTF!
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lopaka

06/06/08 6:49 PM

#6658 RE: dogcat #6650

You can bet the guys that did the private placement are getting daily updates. We get a little bone now and then, but I would think AK and the Qtrax team should give us (the shares holders) a little more respect. If everyone speaks loud enough, maybe they will listen. GoQtrax is giving us updates, but it's really not his job. Their bed-side manner and share holder updates have been the sh@tz lately. I, like other long term investers have gotten little bits and pieces of what's going on, but I feel like I'm in the dark. New money is not going to come into to this stock in the mean time.

I know more than I can say on this board, but I want new money to come into this stock. We will only see that when AK lets the world no what the hell is going on. Then, and only then, we will start to see PPS rise, I have bought all I'm buying, have kids in college. I hope I'm not alone. Just wanted to vent a little, you guys and gals have a great weekend.

P.S. I do believe, they will diliver. In the mean time KTF.