David, I respect you as a poster and as one of the more level-headed parties in this whole mess.
I don't plan on coming here to slam the stock, I have a smaller stake now than I used to, and when there's news or a PR, I will visit back and read what is being said. I do have a tendency to get negative, but thats because statements like what smb made get me going a little bit. Why should we all be colluding together and painting the rosiest of pictures of a situation that we all know to be, at best, chaotic. That type of picture painting was done by Dom (where its "everythings fine, everythings fine" until BOOM, we blow right through our launch date and deafening silence ensues). Could Reggie pull us out of this? Yes, and I've never attacked him at all save for the pushes I put out there to get the launch in the books. He is clearly competent and well respected (on the board and in industry). But right now, that equates to a hope that he will pull us out... we are NOT in a good situation right now. Until we get something concrete, we will continue to be in a not so good situation. The 'hope' aspect has run dry for me. So no, I dont feel like new investors have to prop this stock from going to triple 0's. I feel like if I have a position (negative or positive) that I can back up, then it paints a more realistic picture for the new investor. So, I'm sorry if people don't like me hitting a company over what has transpired the past few months and the abominable job at managing said failure. But see, I call people out and hold people accountable and I get called an idiot (oh, stop, please, you're hurting my feelings). These are the people I combat, my post was in direct response to a post that went roughly as follows:
"Oh man, such complaining, why can't we just get together and be positive and get more people on here to invest?"
Sheer brilliance. So, we should collude, gloss over very recent failures (at a technical level with PPS and with company), and only present that if you invest in RTGV, it will be the happiest day of your life. Stop it already. Each time I check back to this stock, and I still have hope (250K shares still here) albeit very little hope, I always would love to be surprised. But, it is absolutely clear that the market feels the same way I do, we constantly test new lows, because hope has run out (similar to how people say Obama's political capital has run dry), there is nothing more to sell people on than CONCRETE delivery. So, no, don't throw in your towel, but don't you dare start painting in pinks and bright yellows when the situation calls for blacks and blues.
Here is the kind of stuff I'm seeing in the industry in just the past few months that gives me less and less hope for how RTG will insert itself:
You see a lot of stuff like this: RZA, of Wu Tang Clan fame, has developed his own app - http://www.hiphopdx.com/index/news/id.17881/title.rza-introduces-rzas-world-app-for-apple-devices (directly against what the company finally has an LOI on. RZA put out his own fan app, tailored to his fans, how is RTG's new fan app going to compete with this? See if you can answer that question without using the word hope)
http://www.chicagotribune.com/entertainment/sns-201201041659reedbusivarietynvr1118047901jan04,0,7688209.story By the end of this month, our moat will be smaller, and 30 new ideas will be out there in the public realm, and those 30 will inspire others, etc. etc. etc. It's only a matter of time, so when do we start holding someone accountable? When we get fully eclipsed by the industry? So, its hope until its absolute and utter defeat?
There is always an element of hope, and everyone is going to have that whether I get on this board or not. The problem is misrepresentation by a few here that call for unbridled optimism and, on the flip side, give out comments like "rtgv is stupid" or something just as nonsensical. Giving Reggie time, although he is deserved of such, is not a luxury we have thanks to DHF. Please Reggie, no more fan apps, no more outside periphery pursuits, get CloudChannel (or whatever its referred to these days) OUT.
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