telstra bigpond, page-54

Jus,

As a matter of interest, how do you know that valleyarm's website is about to be updated? Are you connected with them in any way?

Cav,

I understand what valleyarm does - I just wouldn't be holding my breath if I was signing up with them. Who has even heard of the four labels they list on their website.

It seems you guys don't even fully understand or appreciate what you are getting into and if it wasn't for my queries, you might not be the wiser. This thread starts off with the title Telstra Bigpond, and yet a closer examination doesn't even give a connection between either the artists/bigpond or valleyarm.

Try and find it if you will, but it just isn't there.

The music industry is huge and has an enormous number of players already involved.

This is starting to remind me of a certain other little stock that had photo booths in shopping centres, at a time when everyone has a mobile phone with a camera in it. And that stock is flailing badly as well.

Buy your itunes or bigpond music, but don't hold your breath for the dollars to come landing in this little company's balance sheet for a long long time. I suspect, like all the other ventures, it's a pump and dump with some very deep pockets underpinning the buy side, ready to offload once again once the newbies are all primed.

How much cash do they have on hand? What's their burn rate and how desperate will they be to churn off all those millions and millions of options and shares?

I'm sure there are many of you who would rather I remain silent. But if I cause one of you to rethink and do some due diligence, then that is good.

Cheers,
Tangrams