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davidam

01/23/11 8:29 AM

#41106 RE: NioStar #41105

The term Turbo Acquisitions is a term Dom used in his interview. It is the part of the process where the company expects Media rights owners/artists to come flooding in.
This stage would happen after stage 2 happens as follows The PR release throughout Europe

The CEO mentioned The company has just signed their first Independent label deal. He claims its an influential name that can not be released yet.
I had asked him why that name could not be released
he said they have an Agreement in principle need to go to step #2 PR release announcing agreement
step #3 is Digitize and tag content for distribution but we would be notified of agreement before this took place
Basically same info that was in the interview

The company awaits two deals to PR it in Europe which would start the turbo acquisition phase. Once they have enough content then they would be able to go live. Company estimates early spring into summer for that event


I am thinking/hoping we should hear about an agreement with a couple music companies soon or perhaps someone that features in lists of VIP's in the music industry whom is influential . We could also get a deal outside the music industry with independent movie libraries, educational videos, training videos.. These are the areas the company believes most benefited by the tech outside of music at this time
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davidam

01/23/11 8:51 AM

#41108 RE: NioStar #41105

On the subject of further acquisition. Reggie eluded to it in his lasyinterview. They appear to be looking for a company with synergy that can add revenues/profits now putting more meat and potatoes on the table as this disruptive technology is rolled out and eventually becomes profitable

I am speculating this may happen soon!!
1, Company claims that's why they raised the AS
2. Reggie will do another interview shortly ahead of schedule
Several hints in his last interview

Appears this time the terms will be different we will issue restricted shares unlike the other acquisitions

I just hope they are a profitable company
The less dilution that takes place until things are hitting on all cylinders the better for shareholders