this kind of reminds me back the increase your MEMORY BY 8 fold MS-DOS "RAMBOOST" days.
A web video company that is most likely a hoax
21–30 of 104 posts
Re: A web video company that is most likely a hoax
#22OP should contact some hedge funds with this info. If true they will be quite interested.
Looks like a pump-and-dump scam: http://www.beaconequity.com/smw/14546/Raystream-RAYS-Stock-a...
Re: A web video company that is most likely a hoax
#23Re: A web video company that is most likely a hoax
#24Is this a good example of information asymmetry?
Not anymore, the stock is down more than 50% since 11pm yesterday!
This repo was first created at 8am today though. (https://github.com/ihatelawyers3/ihatelawyers3.github.com/co...)
What's going on here?
Re: A web video company that is most likely a hoax
#25Doesn't the fact that a stock is traded on an OTC exchange really tell you all you need to know?
Re: A web video company that is most likely a hoax
#26Hate to sound ignorant, but someone want to explain?
If you encode their test-video with an off-the-shelf open source H264 codec on normal settings, you end up with a video that is smaller than their sample video. Their "amazing new technology" is just vanilla h264 compression.
Re: A web video company that is most likely a hoax
#27There's been a number of hoaxes like this previously: http://compressionscams.blogspot.com/ - even down to "software demos" that turned out to be various utilities downloaded from the Internet bolted together (http://www.c10n.info/archives/415)
What is it about scammers and impossibly high compression? Is it because it's easy to explain but hard to prove the concept to non-tech savvy investors, or is it just because they read about it having been done before and copy it verbatim?
Guessing the latter, as there's other technologies (cryptography and semiconductor fabrication come to mind as easy to explain/hard to disprove) that could hoodwink unsophisticated investors.
Re: A web video company that is most likely a hoax
#28This is crazy... the website is a shell of an investment pitch. These guys need to get reported. Anyone want to make some money off the collapse. Wow, their first 'contract' is with a company called edgefactory OMNIMEDIA, which I think is owned by martha stewart OMNIMEDIA? edit: Wow, I just posted a link to this article and this thread on their facebook account and now the item has been deleted off their wall within…
"Report" > "Other/abusive content" > "Spam or scam".
Done.
Re: A web video company that is most likely a hoax
#29My guess, based on the man page for mencoder linked on the page where he got the mencoder options, you can encode a source video file to target video file aiming for either quality of frames, or speed of frames (per second). "Very high quality" options results in a video output of roughly 6 frames per second. Comparing the file size of the output file hoax.avi, its basically identical. So the revelation is that this…
The speed of encoding on the given machine is 6 fps ... not the resulting video.
Re: A web video company that is most likely a hoax
#30There's been a number of hoaxes like this previously: http://compressionscams.blogspot.com/ - even down to "software demos" that turned out to be various utilities downloaded from the Internet bolted together ( http://www.c10n.info/archives/415 ) What is it about scammers and impossibly high compression? Is it because it's easy to explain but hard to prove the concept to non-tech savvy investors, or is it just becaus…
this guy is a penny stock trader and he called it a pump and dump scam:
http://www.timothysykes.com/2011/11/how-a-penny-stock-promot...