relisting today, page-17

guys, lets cut to the chase!

rma will need massive uptake in subscribers and cashflows to turn around with their current business model. this is unlikely as the market isnt ready for what they are offering, event he number of early adopters wont provide the cash receipts to make this work. the other problem is the studios dont want this new channel to really succeed otherwise they would provide incentives and competitive commercial models rather than the draconian minimum fees they insist on. dont think sony's acceptance of script in leiu of latter payments is a good sign, they got themselves big cash cheques over the last year and are in part responsible for rma's position. all they care about are video stores and retail sales of dvd's!

so here's my best guess, (remembering the last prediction was rma would relist around 2-2.5cents - not a bad guess)

1. rma in its current form will run out of cash
2. administrators will be brought in
3. shares will be suspended
4. coy will be restructured so the incoming investors get control and then they'll consolidate shares down by 50-70% (being mindful of the mol escrow shares)
5. new board will announce a new direction probably in a unrelated field to dsl vod
6. traders rather than investors who buy at the right time can profit nicely - refer ETC for the change in fortunes, went into adminsitration at around 1 cents, 12 months later trading at 8 cents with a high at 10.

the key here is planning for the next evolution of the shell rather than getting all bitter and twisted with rma as it is. sure the md key directors have a lot to explain in taking a share from 20 cents to what will be less than 2 cents, but they will simply go and others will take their place.

anyone disagree??