newtrader, I've read your appraisal of the QFX prospectus and in...

newtrader, I've read your appraisal of the QFX prospectus and in the most part I agree. Looking at the RMA prospectus doesn't fill me with joy either though. Especially:

6.3 Business Risk There is the risk that the capital raised may not be sufficient to ensure that the Company becomes cash flow positive and further funds may need to be raised thereby diluting the investors interest. The financial strategy may not be sound in that the rate of increase in income from the sales of advertising or content may not be as anticipated and/or operational costs may increase unexpectedly.

I don't share your view of the current broardband speeds. I've looked on the RMA site heaps of time & the best result ever was 18 minutes for a 900mb 90 min movie on their speed test - and that was early afternoon mid week. I suspect that Saturday night at around 6 -7 pm i could get a hour result.

Your comments re who wants to visit a store when you could already do that for a DVD need refuting. Who says it needs to be a video store and unlike a DVD, there is no returning the product required, no late fees and no payment until you select play on your home machine. As it is classified as a DVD rental via electronic service provider it comes into the release window of DVD's which is significantly before VOD product. No download charges apply from the customers broardband supplier also. Your comment on who needs a new box, I'm confussed - isn't the RMA box a new box? I understood they were similar in that they both had digital tuners, large hard drives (PVR) & both are capable of VOD.