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aacdude

04/11/11 10:50 PM

#26792 RE: Germboy #26786

Actually, you are wrong Germboy. Robin Kent left because he was fed up with Qtrax's model. It had nothing to do with his position becoming redundant whatsoever ... nice try at revisionist history though. If you need proof, please go back and read the CNET article on him leaving the company.

Yes, those platforms work because of volume. If you have been following Qtrax's site traffic statistics, you would see that it has no such volume anywhere close to the scale of those sites. Therefore, it is a loser with that total lack of volume, in spite of being launched in 10+ countries. It can't possible afford to generate the revenue needed to pay labels, creditors, and investors on those kind of numbers at all.

I am not sure why you are even bringing up Mashboxx into this argument whatsoever, other than to attempt fallacious arguments to discredit Wayne's opinion. SpiralFrog is a comparable, along with Ruckus, as they were both ad-supported download sites. While they offered a slightly different variant of DRM WMA files, they both failed since they couldn't attract the kind of massive userbase needed to sustain such a service. Thus, it is only logical to presume that Qtrax is in the same danger given its pitiful traffic statistics at the moment.

Furthermore, the brand is damaged by the very fact that nobody knows or seems to much care about it. If you are launched in over 10 countries, and less than 5000 people know about it, it doesn't seem like the brand is doing much at all to help. I can only imagine the surprise that someone new would get when doing a simple Google search on Qtrax, and finding articles about all of their past failures and missteps. I don't imagine it would inspire much confidence in the service, as a potential customer, for them having access to the music down the road.

Lastly, the "if Qtrax delivers, then nobody will care about the past" argument is suspect at best. It is entirely predicated on Qtrax delivering a product that reaches mass acceptance in the marketplace. At present, they have not even come close to such a feat, and given the new players entering the world of digital media retailers every day, the future is certainly grim for Qtrax. It doesn't have the kind of financial backing that the big players in the field have to sustain itself through its infancy.

As someone else kindly put it on here, you'd have a better chance at making some decent coin by playing the lottery, than by investing in this company.

I will simply say that you are wrong, on so many of your points in this post, remember don't post opinion as fact. Robin got pushed out because his possition became redundant, and ineffectual. As far as rehabilitating the brand, what are you talking about...the public at large doesn't even know about Qtrax and if Qtrax delivers they won't care about the past either. The model is a proven loser...right say that to pandora, lastfm, goolge and fb, those platforms work because of volume. "laughing stock of music industry" no that is mashbox and sf. also last post for today so cheers and have at it