is no problem, assuming there is a ready and able
buyer willing to pay the asking price. As far as
shareholders are concerned, worst case is that we own piece of
a more valuable company with more cash,liquidity,
securities,and various other assets, etc. Of course, this
assumes RENT receives a price for "assets" which is
favorable, which I think will happen. Should RENT spin
ComAlliance off as a public company, it is likely
shareholders will be compensated, ie. shares in the new
company, cash, warrants to purchase shares in new company
or some other special consideration. In any case the
breakup value of RENT's various businesses is worth a lot
more than $4.75 a share!
1. Record profits
2. Record revenues
With only 10 mil shares outstanding litigation result
generate mega dollars per share (if
4. Comalliance is a sleeping giant
perched on front door now
This is just the start of some big news.
Hollywood will now be more likely to settle than let this
thing go to court.
Warner deal not too far
New contracts for fulfillment not far
New blood injection new excitement in the
Internet play may soon become a reality.
Get on the
bus before this one hits $8.
COURT GRANTS RENTRAK MOTION TO ADD CLAIM FOR
Entertainment Corporation, Giesbrecht and
PORTLAND, Ore., Sept. 1 /PRNewswire/ -- Rentrak Corporation
(Nasdaq: RENT) today announced that on August 31, 1999, a
Multnomah County Circuit Court judge granted a motion filed
by Rentrak. The ruling will allow Rentrak to add a
claim for punitive damages to its complaint against
Hollywood Entertainment (Nasdaq: HLYW), Hollywood Senior
Vice President Bruce Giesbrecht and former Hollywood
Senior Vice President Douglas Gordon.
begins on January 10, 2000, in Portland, Oregon. SOURCE
Rentrak Corporation -0- 09/01/1999 /CONTACT: Investor
Contact - Rick Nida of Rentrak Corporation, 503-284-7581,
ext. 295; or Media Contact - Dick Gersh of Richard
Gersh Associates, Inc., 212-757-1101, for Rentrak
Corporation/ CO: Rentrak Corporation; Hollywood Entertainment
ST: Oregon IN: ENT SU: LAW -0- Sep/01/1999 8:01 EOS
(PRN) Sep/01/1999 08:01 197 \u0003 -0- (PRN) Sep/01/1999
8:16 \u0004 ab
I heard that the deal is almost done. The news is
already out there. The bigger news is how well their
fullfilment business is doing which is majorly kicking. I
have been holding all my shares until more people
understand their business model and start buying the stock.
Also, the lawsuit still looks favorable for Hollywood
to settle before it goes to trail.