LNU 0.00% 0.2¢ linius technologies limited

Agree that the Rugby is almost a given, so we are told, but IMG...

  1. 2,954 Posts.
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    Agree that the Rugby is almost a given, so we are told, but IMG and PLP have been broadcasting for years.
    Yet they are reducing staff in what appear to be front end journalists' positions.
    This has been announced and yet nothing concerning LNU has been announced.
    How do you completely reshape your company and the way it presents itself involving new technology (LNU) without having some agreement in place and if so how come that agreement has not been announced to the ASX.
    Our CEO has virtually said to me that if it doesn't involve personalised video search, it's not LNU.
    I'm lost in this technology and as @Amontillado has consistently said that there is many software that does what LNU does.
    There is no demonstrated money trail.
    LNU is supposed to be charging $0.0002 per minute viewed, which is not much, but Swanbay will want their fees and the rights holders will want theirs.
    So how is that money collected.?
    Does advertising pay that much for an individual viewer.
    Nothing has been explained to us and now we are told that LNU could share in advertising.
    Is that in place of a set fee? and just share advertising income.
    That might work better.
    Can't help thinking about the relentless issuing or huge amounts of shares as if the Board doesn't care which will dilute their own holdings but also suggests a complete take over is on the books. The CR from the US company (New Technology Capital Group, LLC) which earned them 200 million shares at 1 cent each
    New Technology Capital Group, LLC is also a takeover advisory company.
    Cheers
 
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