karantzis has resigned, page-28

G'day quixotic
I never said reeltime was trading insolvent

As for administartors with a 3 month income of $7000 and running cost of amost $1 milloin. Avenues of raising fund exhausted unless a rabbit is pulled from a hat i can't see another 3 months life left but that only IMO.
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Mr Karantzis said that consumer behaviour on the internet had undermined business models adopted in previous attempts to launch online movie services.

"They approach it with a mind-set that says that everything on the web should be free," he said.

Thats from the man himself and it's not only reeltime all VOD business models. IMO VOD it still 2 years away
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I to think this bullchit talk between deanzy, chitia and myself has gone on for far to long

Cheers quixotic4