Bid
.077
.075
.075
.07
Ask
.079
.09
.12
.12
.13
.25
NITE is on the ask at .079 and I believe he is holding this stock down right now. As you can see, this could very easily go to 25 cents with some strong buying pressure. Reaching .12 is doable before the end of the week, in my opinion of course.
----
So about the news (shown below).
TitleMatch (PCLI) is joining with Primera. This is huge.
From Primera's homepage:
The World's Leading Manufacturer of CD & DVD Duplication and Printing Equipment!
Award-Winning CD and DVD Duplicators
Primera Technology is the world's leading developer and manufacturer of automated DVD, BD and CD duplication and printing systems. Primera is well known for its award-winning Bravo-series Disc Publishers.Primera's DVD / BD / CD duplication and printing equipment is used by more than 80 percent of Fortune 500 companies as well as companies and organizations in over 85 countries.
Pioneer and TitleMatch Join Forces With Primera At PMA 08
Wednesday January 30, 9:17 am ET
Companies to Showcase DVD On-Demand At 20,000 Member Conference
The PMA event is the world's largest annual photo imaging trade show for the estimated $90 billion worldwide industry. PMA members include some of the largest retail, supermarket and pharmacy chain stores in the U.S. -- many of whom are prime target customers for the TitleMatch DVD On-Demand service because of their existing investment in photo CD production equipment and personnel.
Unveiled for the first time two weeks ago at the Consumer Electronics Show, Pioneer and TitleMatch will show PMA attendees newly designed Qflix(tm) DVD recorder drives developed by Pioneer specifically for burn-on-demand production of movies. The new recorder operates from within a Primera disc duplicator and is the first disc burning device to enable the on-demand recording of content with CSS encryption.
``PMA is a particularly smart venue to showcase the TitleMatch burn on-demand service,'' said Paul Dempsey, Senior Vice President of Pioneer Electronics USA. ``PMA retailers represent a very large constituency of walk-in stores where on-demand production of DVDs would be a natural extension to their existing photo CD business.''
``We see a tremendous market opportunity for the TitleMatch service at thousands of stores where retailers have already successfully developed strong recurring revenue from on-site burning of CDs for their customers,'' said Mark D. Strobel, Vice President of Sales and Marketing at Primera Technology. ``We are delighted to be a TitleMatch business partner.''
``Retailers have told us they expect DVD on-demand to mirror their photo CD business, which has become a high growth/high margin business for the industry,'' said Syd Dufton, President of TitleMatch Entertainment Group. ``The big picture for the retailers we are working with is to combine in-store availability with an online selection of 100,000+ movie titles that can be picked-up in a matter of minutes at a local store -- similar to how the '60-minute photo pickup' business works. With that, retailers would eliminate out-of-stock situations and finally be able to give consumers what they want, when they want it.''
TitleMatch provides product ingestion services for content owners along with a technology platform that brings together the numerous hardware and software components for an easy to use on-demand service that retailers can implement in their stores and website distribution centers.