Replies to post #10893 on Mindpix Corp. (fka MPIX)

[Emax Man]

Hey there boardwatcher! Thanks for making the decision to not just watch, but participate! We need informed people such as yourself to help others understand what's going on here with what we have. Are you a shareholder or just a board watcher? Anyhow, Diante made it quite clear that the music library ( just sitting there ) is worth 300 million low end. That makes me wonder how much it will be worth when he puts it to use. We are talking about a selection from 17,500 original master recordings. Things have been quiet lately, and there has been talk about some news on the way. I'm very optimistic about the prospects of MPIX going forward with Diante running emaxmedia.

[unconvinced]

The value of the library is relative to your ability to exploit it in different markets.

BINGO!!! Owning the rights to reproduce music has very little intrinsic value. Roxanna states that the music library is worth $250 million as if she could go and sell that library for near that amount. That is not the case. The library is "worth" what you can earn by exercising the reproduction rights. I suppose she might be able to sell those rights but most times when an entity has a non-exclusive license to IP they are not allowed to then sublicense or sell it. Even if she could, why would anyone buy the rights from her when they can just go straight to the copyright owners and negotiate their own license?

So...we're right back to, the library is "worth" the amount of money MPIX can earn by exercising the reproduction rights and if you read up on EMXC you will quickly see that it is very little. Roxanna/EMXC/MPIX has repeatedly shown an inability or lack of will to do almost anything. Their family/companies have supposedly "owned" this license for the past 15 years and yet no one can point to a single product they've ever produced and sold in ANY store.

Instead of actually trying to run a real business, Roxanna exists by lying to people about future plans and selling shares of her companies until those shares are worthless. She's already done it with EMXC, MPIX is next. If the SEC doesn't step in, there will probably be a couple of reverse splits so she can continue diluting shares and then when the fat lady starts to sing with MPIX, guess what?...there will another merger and the "music library" will be transferred over there. Wash, Rinse, Repeat.

-unconvinced

[coolnapz]

Wow, fantastic and informative post sir.

I'm just a trader playing price action, but it's good to see someone who actually knows what they're talking about add some substance to the $MPIX analysis. I'm looking forward to seeing more posts from you.