gone on wednesday, page-2

Wednesday? I'm surprised they've lasted to now, Wednesday would be remarkable. Aplle is not the threat a lot think it to be. Look at the site & see the quality of product on offer. The threat to RMA (& other downloaders) is still the web - speed & capacity. The US, like us, don't have the necessary inferstructure in broadband -yet. Also the need to be able to view on TV rather than PC is vital. Yes Apple can do it, but it takes Apple devises to get it there. The winner will be he that comes up with movies readily available, cheap, current (well, as current as studios are prepared to allow) & TV oriented not PC (or Mac). The much promoted but much invisible RMA Media Centre was way too expensive & behind the curve in technology. The market desired devise will have to have HD capacity, massive hard drive & not tied to Microsoft.

The longer this company drags with no statements from management & board, the more the name of ReelTime will stink & the harder it will be to save. Directors should also be on notice that the onus of disclosure & insolvent trading rests squarely on their shoulders. Simply putting the company in to Administration will not remove their liability. The Administrator has a legal, ethical & fiduciary responsibility to follow up for the benefit of shareholders & creditors - or else they'll be in the gun.