[Red5] H.264 RTMP multiplexing

[serg_remote]

Hi,
I have some noobish question:

Can Red5 do H.264 on RTMP stream multiplexing (if it's originated by Flash
Player on client side) between clients (like simply resending same packets
to multiple destinations, i.e. multi-point video chat) without any
transcoding?

Thanx
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