Mother Energy Drink Myspace Update

When I looked last week, the campaign looked relatively new.

It had approx 193 friends, I had a look just now to see how it is going, Mother Energy Drink Myspace now has 1061 friends.

Thats a lot of Lemur swear word messages between friends.

Will be interested in the next months figures.

J

Potential For A New Media Bargain?

Reetime Media

Shares have been halted from trading from the 16th of February while the company tries to raise more cash to keep it running.

Shares have traded between .05c & .35c .

See company announcement’s here .

I could not find out how many shares have been issued to get a value for the company, but my research has lead me to believe that they have spent a large chunk of cash securing exclusive content deals with large Hollywood studios.

Does an opportunity exist for cashed up, content hungry start ups, a Telco or diversifying old media to swoon in & purchase the company, exclusive content & IP, or even buy the juiciest content or IP rights?

It might be worth due diligence, rumour has it that they have been knocking on all doors to find some precious cash, does desperation present any opportunities?

Their website also indicates that they have set top box capabilities & the exclusive content for IPTV roll out.

Interesting? Would our population & ROI support a full featured IPTV business model & associated competition?

I like what the company has been trying to do, interested to see what happens.

J