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A web video company that is most likely a hoax

ihatelawyers3.github.com

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Re: A web video company that is most likely a hoax

#41

Post by recoiledsnake »

radley wrote: post #34

I checked the demo videos: "Original Version" - 1080p, AVC uncompressed "Standard Compression" - 480p, AVC uncompressed "Raystream Version" - 480p H.264 AAC, ~1200kb data rate Nothing that fishy here. They seem to be advertising to broadcasters. It's possible they have some nice custom algorithms for their videos. That isn't uncommon - take a look at Apple movie trailers and iTunes videos: they have their own magic j…

I still call BS.

>Before Raystream, a one hour video converted to 720p using the best compression algorithms resulted in files in excess of 1 GB, far too large to be streamed over commercial Internet connections. Using Raystream, the same one hour 720p video can be compressed up to 90% of its original file size, which makes it easily streamable over connection speeds ranging from 0.4 to 1.0 Mbs per second." ... "Raystream compresses online videos, reducing their file size by up to 90%, with no loss in video quality or clarity."

That's not possible unless Raystream developed H.264. Apple uses H.264 for their encoding too. The magic is just H.264.

Re: A web video company that is most likely a hoax

#44

Post by AJ007 »

lukeholder wrote: post #30
garethsprice wrote: post #27

There'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...

This is an obvious case of fraud which the SEC should be investigating:

http://www.smauthority.com/raystream/

Re: A web video company that is most likely a hoax

#45

Post by mikeryan »

radley wrote: post #34

I checked the demo videos: "Original Version" - 1080p, AVC uncompressed "Standard Compression" - 480p, AVC uncompressed "Raystream Version" - 480p H.264 AAC, ~1200kb data rate Nothing that fishy here. They seem to be advertising to broadcasters. It's possible they have some nice custom algorithms for their videos. That isn't uncommon - take a look at Apple movie trailers and iTunes videos: they have their own magic j…

they seem to be pretty active for being supposedly fake. Check their twitter feed. They tweet as much if not more than most video companies and it's not fluff.

A good pump and dump scam requires a believable company presence. You just fell for the smoke screen.

Re: A web video company that is most likely a hoax

#47

Post by djb_hackernews »

lukeholder wrote: post #9

This 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…

The market is way ahead of you man.

Re: A web video company that is most likely a hoax

#48

Post by AlexMuir »

I worked for a couple of years investigating frauds and I was blown away at the lack of law enforcement activity. There's a whole community of people who work together to steal huge amounts of money from anyone who will give it up.

These people are amongst the biggest spenders on lawyers, as they try to keep their names off websites through the use of libel laws.

For example, these guys: http://www.petraenergy.net/

It's a 'company' operated by Paul Simms, a disbarred solicitor in the UK, and Srinivasan Solaraj, an Indian national. Both were declared bankrupt in 2007 after a non-existent deal blew up in their faces. The business has no assets, everything on the site is puff. They chose the name because it's similar to a legitimate Malaysian company. Simms' old legal firm was called Citilegal, until Citibank noticed it was a little too similar for comfort.

Generally, law enforcement are happy to leave frauds targeting the wealthy to civil courts. The police simply aren't interested.

Re: A web video company that is most likely a hoax

#49

Post by mruser »

DarkShikari wrote: post #40
andfarm wrote: post #37

Earlier quoted context omitted.

Specifically, the "standard compression" version is MainConcept at 10 Mbit, and the "Raystream" version is x264 at 1.15 Mbit using the following options: > x264 - core 112 - H.264/MPEG-4 AVC codec - Copyleft 2003-2010 - http://www.videolan.org/x264.html - options: cabac=1 ref=3 deblock=1:0:0 analyse=0x3:0 me=hex subme=7 psy=1 psy_rd=1.00:0.00 mixed_ref=1 me_range=16 chroma_me=1 trellis=0 8x8dct=1 cqm=0 deadzone=21,11…

Also known as... ... the default x264 parameters. Yay!

Relevant: http://imgur.com/SKKUw
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