Well Kakoii, I am not a professional number cruncher's best...

Well Kakoii, I am not a professional number cruncher's best friend, however I think this prospectus has a big question mark over the fact that no audit was done, because there was insufficient information available to conduct one. 80 odd pages and a lot of references to vertical integration and talent, but also mention of an existing writer's claim for outstanding fees and a potential claim for 20% of RGM by a disgruntled party. (see page 34). That all suggests a need for clarification and caution.

That said, as noted elsewhere the fact that RG will be entitled to some $A800K if the company achieves a cap of $35m; is encouraging.

I suppose we need to be very careful and ask if anyone out there with a numbers background could comment. Remember that we should only invest in companies that we understand. I know FA about the film and TV industry and will need much clearer (simpler) language to be convinced that RGM deserves more of my limited financial resources. As I have pretty well written off the investment, I will hang-out with the cool dudes as long as the sp stays alive and until I can get a better handle on it all. What I will look for is for new investment from people attached to this industry. If it is to be a goer then surely there will be industry people bracing at the bit to get on board. In this regard, the media should be prepared to comment, so keep an eye out.