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Well lets do simple research. You shouldnt be using 34.95 gross revenue when recalculating if tiki gets a cut right off the top (nor use a completely wrong $39 estimate as reflected in that math).
We should use net revenue, which subtracts their cut. Further, as you can see, cost of goods sold is not a listed line item further solidifying the use of net revenue in this presentation.
https://www.investopedia.com/ask/answers/102714/what-are-difference-between-gross-revenue-reporting-and-net-revenue-reporting.asp
Also, that 1100 figure was not in oct. The last update from october was 650. If we averaged 400 subs and $20 net revenue, then that would be $24k (the amount reported for q4)... a few other ways this can be approximated closely depending the extent estimates for promotional months are involved, other packages, or total net revenue estimates vary.
And that guy used to sticky attacks at the top of the board written by him. My greatest service as a mod is blocking him or someone similar from gaining control again.
You have highlighted the exact phrasing which proves me and garp are correct.
That rule says LG needs to respond 7 days in advance if viva gives them more than 16 days notice and demands the 7 day response period.
And you highlighted the motion from viva which demanded the 7 day response period.
So that is that.
We will see if alleged penny scammers LG and robert rico do anything today in due time, but we all know they will not.
And since i only get 1 post per day, lets address the often attacked ignition deal. As stated, it is a 100% improvement over options available prior. Lets look at LG vs ignition
- LG - 50% of price, price based on 1 month lookback, at LGs discretion --- they used this to get shares at ~5-10% conversion rate, likely by also driving a 2nd hand 1 month pump last june, so they could convert and dump
- ignition - 75% of price, price based on 1 week lookback, at vivas discretion. This option is better for shareholders. Only LG would disagree.
All i know is there were people here claiming viva was the best buy ever as LG was getting shares. Then once the dispute happened in late july and the spicket turned off, the tune changed.
Gotcha, you have highlighted the fact that alleged penny scammers LG and robert rico need to respond by tomorrow, 7 days from may 9th in accordance with the motion to dismiss, or likely be dead in the water in this next court appearance. Very true.
1 day for alleged penny scammers LG and robert rico to crawl out of their caves and attempt to defend themselves, let alone pretend to try to win.
"Pay the ransom" says every kidnapper ever.
Ever since the first subscription dollar was collected, it went to viva entertainment group finance. Including the subs who paid in july and were clearly incorporated into the results of OTTV.
Remember when the claim was viva finance was issuing loans? LOL
Wildly misrepresented all around.
And those funds collected rolled into the "$3000" from just under 100 people paying the month of july.
So the subsidiary exists and is being properly consolidated as attested to in the recent filings, you are attempting to go down a rabbit whole that perhaps results in a clerical error at best of not listing the specific name of the wholly owned subsidiary. Viva Entertainment Group Finance has not taken the money and run as is otherwise implied, what they collect is reported as OTTVs revenue with complete certainty.
There is no indication that Viva Entertainment Group Finance loans money to anyone as questioned at the end. That situation does not exist in reality anywhere outside of the post i am responding to.
Thats a silly conclusion
But will kevin kehrli (LGs lawyer) show up? My money is heavy on no. Grabbed 3m more 6s these past 2 days.
Kehrli has been MIA since 11/13, non responsive to a plethora of submissions from Jonathan Davidoff (our lawyer).
Try to keep up. LG hasnt responded to anything regarding the case since november... seems they are the ones who have already rolled over and died. Do they even exist anymore? That is the real question... instead of getting in trouble for usary they may have opted to dissapear into the ether upon their feet getting too close to the fire.
My guess, LG and Robert will not even attend court this week and it will be thrown out. I believe they have opted to not pursue this as a court case at all, and rather play it out in a petty way in the "court of public opinion" to try to cause some harm as retribution.
An odd coincidence that we have drawn the ire of notorious penny scammers, and now find ourselves subject to blatant attempts to manipulate the stock. An equally odd coincidence all the negativity started in august, with a real acceleration in november, fitting the timeframes of this case.
700m shares added since december, and also since july 31. All the while we heard tails of billions keeping us down.
I have assumed that software development asset is related to BCM functionality. Crypto is listed as investment in new company.
Issued and outstanding have equalled each other for a while now... so it is saying those are the issued/outstanding numbers as of 2/28/18 and 2/28/17... written poorly to leave off "as of" those dates but 100% what it means based on the values listed next to it in the tables
But this seems to be the opposite of out of here. Literally here.
Seems to be expanding services for additional cost, not quite as summarized
Is there even a viable OTTV service?
Yes, OTTV is my current cable company, and i save $115 per month on my comcast bill while getting improved service and flawless delivery to my phone.
This starts and ends at usury laws regardless. LG cant claim they were victimized whatsoever.
And recent sharecount has proven this hasnt been used to the extent that has been implied. 700m shares since december. Which means 525m added at full price and 175m of dilutive free share effects... hmmm...
Use common sense.. they will play that as people arrive at the theater... and you rehearse all components of the show work in advance.
Please tell us ... how much of the "money [that] went somewhere"* ...
*(i.e. expense... not actually "money" since youd find that on the statement of cashflows)
...related to 98m shares granted at the inception of viva taking over the shell and vesting 1 year later?
Then tell us, what impact does 98m shares actually have on our ownership?
If you cry about shares, those arent a significant number that matters. And if you cry about shares, you cant double dip the fear with the impact of the shares being reflected on the income statement.
(Answer, more than half the reported expense is from less than 2% of the shares)
Interesting indeed.
So someone tell me again how the company is recklessly selling 13B shares to feed his lifestyle... hmmm...
https://www.otcmarkets.com/stock/OTTV/security
You are not right. His wife loaned $100k to help the company avoid convertible notes.
Didnt i just see $14m for 12 months for them?... if so with our better margins and lower overhead, wed only need $9m-ish to compare. IIRC.
Ill hope for it to be right.
Wont hold my breath because last time someone had a secret source we ran to almost .03 then dumped on nothing, so maybe well get that again. Id take that too about now.
But considering this guy has been more focused on the angle from the opposite company perspective, i feel like that gives it a bit more solid ground than last time.
Well, certainly hope you are onto something... will be a gut punch if it happens when i only kept 1/6 of my holdings, but wont really complain if something good happens with my 500k shares.
They should push that shit up to .03
You gave your money to the open market gambler who possessed the shares before you. Not a dime has ever gone from you to the company.
Ive always assumed there is an organization that farms for a living. And they have 140 acres where they grow hemp specifically on our behalf. And then that all goes through cost of goods sold on our income statement.
Correct. Considering that same document explicitly expresses the sharecount as
"As of December 21, 2017, we had 4,376,418,183 outstanding shares of common stock."
And i quit my job... less than 1 month left.
I got options on the table to keep getting paid... but im more comfortable protecting my cash reserves than having so much at risk... especially based on my current confidence levels.
No complaints on a consumer side whatsoever.
Thats where im at.
Not gonna pile on but that debt ripped my heart out. I quietly sat there no longer telling people what a tremendous opportunity this was. Waited on the sideline to nobly let those i once talked in get out before me.
I then unloaded a significant amount of my position at a loss.
Still holding 500k to ride this ride with the rest of ya. We will see.
Anyone that thinks its a good idea to bash it lower to ride the ride backup is playing a dangerous game at this juncture. They should learn to keep their mouth shut if they care about themselves or others theyve spent the last year communicating with.
Brutal day. Can only hope whoever has been absorbing these millions of shares per day has plans to make it fly in their possession.
1-10) He is a shareholder
11m on the bid. My L2 shows it finally this time.
Accusations here confirmed false
Luis Guzman signs with Viva Dec 18 -
https://www.prnewswire.com/news-releases/viva-entertainment-group-signs-endorsement-deal-with-hollywood-actor-luis-guzman-664943053.html
Music video with Soleil and Luis filmed Dec 2 -
https://twitter.com/SoleilJOfficial/status/937120411011002369?s=19
I'm criticizing your false stance like everything hinges on a question where the answer is known.
You are never gonna get a reply.
They don't care about you buying shares from one secondary party gambler on the open market and selling it to another. Do you want them to call to give you the scoop for your next flip?
Delusional to think that matters. And $5k to $15k really ain't much.
No, he was kidding to poke fun at those telling him to sell. Don't know how so many people missed that.
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