mr. reilly,
yes, that's what it says, but you're evading the real question: since ktel's current runup was predicated on their potential on the net, isn't it extremely misleading to be talking about "3500 top 100 hits" when the very albums these hits are on ARE NOT AVAILABLE FOR PURCHASE ON THE KTEL WEBSITE. we all know that ktel has put out all these compilations (with all these hits) in the past--and the stock was priced accordingly at $6.
also, the only recordings that ktel owns (with perhaps a handful of exceptions) are re-recordings--i.e., you get a down-and-out recording artist to come in and re-record his/her/their old hits (for no doubt a very small flat fee), and, voila, you own a recording that, factually, is a "hit song" performed by the "original artist." the consumer who doesn't know better ends up with a pale imitation of the recording he or she desired. (as a record collector, i would never, ever want any of these re-recordings in my house.)
in checking the website, it's clear that, while ktel is careful enough not to sell those compilations--featuring those "3500 top 100 hits|"--for which they don't have the proper licenses to sell on the internet, it's also clear that ktel is brazen enough to be selling their own albums of re-recordings right alongside the original versions WITH NO INFORMATION AT ALL THAT THESE ARE RE-RECORDINGS AND NOT THE ORIGINAL VERSIONS.
bottom line: ktel is not only misleading the investor community, but is also misleading the consumer community. You might destroy the shorts now, but the consumer will be the one with the ultimate vote. |
