I'm not saying they are lying. I'm saying they have yet to produce for us any reason to believe the MOU is anything other than an MOU.

To pay for our new executive's salary of course...

I do not know of any publicly announced contract with Philly Marriott. I know about the MOU, but no official contract has been signed or been made available publicly. And if it is not announced, it does not exist in the realm of investing.

I would disagree that this new hire MADE LNET what it is today. He was one of the original shareholders and leaders, but I do not for a second believe he single-handedly built LNET up to what they are today. The experience is great to have, but is it worth it? How are they going to pay this guy? With share that are worthless???

Great...another executive mouth to feed with cash the company does not have. We will hit the 3 Billion share count in no time now.

Anyone else notice this line in the press release:

"...creating a complete network of partners who sell and service our growing installation base."

What installation base?? They haven't even announced a public contract outside of the DoubleTree in Omaha that was almost 2 years ago. Meanwhile, the dilution continues, share price going no where. This Steven D Truckenmiller better be worth it. He better have the ability to sh*& gold bricks because I don't see how a company this small can ever recover shareholder confidence/value.

It makes me wonder if they will file a Chapter 11, start over, and then announce contracts, etc, bringing real investors while screwing the rest of us...

It has to be somebody here that has accumulated and is exiting their posiiton. Several on here have 10+MM shares.

based on what? The sky being blue??

I'm still averaged at .04. I watched the fall when the printing press was on. Oh well. If it drops back to .0002, I'll pick up some more and try to average down. If we get to .01, I'll be impressed.

They are too busy counting their millions when it hits dollars...

Very, very, very long way to go before you see that kind of action.

I haven't seen the Tivus remote, but it was slick. Regular remote on one side. Flip it over and QWERTY keyboard on the other.

Will never happen. I've come to the conclusion this is dead in the water. Even if a contract does happen, you'll see a reverse split occur and then a repeat as they'll need financing to pursue other opportunities (if there are any).

BTW. I was recently in Chicago and stayed at the Hilton Suites off E. Delaware. They had LodgeNet's new system installed. I have to say, it's slick. Remote has a built in QWERTY keyboard. Extremely fast and responsive. I can't see Tivus ever beating them.

That was said before. They continued to insist they were working on traditional financing options. These never came to fruition. In short, they went from an O/S of 25 million and A/S of 300 million to a O/S exceeding 800 million and inflated A/S of 3 billion.

Actions speak louder than words and historicals tell all.

Still a long way from .01+ that most of the longs here are at.

For those buying, keep in mind the company just recently raised the A/S from 1B to 3B in order to provide capital to the company for its developments. In other words, there is known active dilution going on.

They are preventing you from getting robbed. Be grateful.

Haven't posted in a while, but still here and holding. Like the majority here, I am disgusted by what the ELT has done here in 12 months. There is a lot of talk, and not a lot of walk. I understand deals take time, but being in sales myself, I've closed 1 and 2 million dollar deals and have received the POs within 30 days of closure. This delay with Host smells fishy. There has been zero evidence of any ROI with this company or their strategy.

Very sad indeed. Good idea, but managed and put into practice by amateurs...

Ha! How long ago was "soon"??

Agreed. .005 is a joke. A lot of longs here are averaged around .05, .07, and .10.

Add me to that list. Man, I would kill for .22 now. At the time, I thought .22 was just the beginning of something great. Oh, a sucker is born every minute...

I agree with you. No matter how you slice it, there is no good reason for this fall. If management is waiting on Host to sign and release a contract, then stop burning through cash!! Don't cough up another dime until Host hands in a signed contract. Same for any of the other properties they are working with. The issue here is we don't know where the cash flow is going aside from the great investment in QS...

I'm long. I was part of the original run up to .22. Down about 90% to date. I'm just saying we'll see trip zeros before we see anything above .01.

JMO

I'm long. I was part of the original run up to .22. Down about 90% to date. I'm just saying we'll see trip zeros before we see anything above .01.

JMO

Considering we have one more trading date left in the week, we could see trip 0s tomorrow. This one is done. I don't see how there could ever be a recovery...

I'm right there with you. Either I'm going to be rich, or not have to pay a dime in taxes this year...

What I'm curious about is the date of the filing for the 1 billion. Was the A/S ever actually changed from 1 billion to 300 million? If the date on the filing is anything before today, then I might suggest filing a formal complaint since the company PR'd and assured investors the A/S was 300M.

That's the only thing I can think of. Pinks not regulated like other boards so a rise in the A/S can be done on a whim??

You could be correct. However, I swear there was PR confirming the reduction in A/S. If so, could not a suit be filed against the company for disseminating incorrect information for the sole purpose to deceive it's shareholders?

I called the T/A, Guardian, from Tivus's website:

http://www.tivus.com/investorcentermenu/faqs

And before people start flaming me, I'm a long here since the inception of this company. Recommend you read back 12+ months to see. I simple report the numbers.

Current O/S: 326,037,013 as of 10:39 AM EST 9/13/2011

This looks to me like a sales presentation done to Bellagio, hence why it is tailored with their logo. I do this similar technique in my line of work.

What is more interesting is the Philly ad rates. The CPM is Cost Per Minute. You're seeing the cost based on the time and channel. Obviously it should cost more to advertise on channels that people have a tendency to watch more of.

I'm not sure how this preso got out or who posted it, but it wasn't smart. Essentially you're seeing Tivus's strategic approach to the marketplace in this presentation.

Doubletree in Omaha, NB is the Westboy. Philly is the downtown Marriott.

Shiva has said they will be at 5000 rooms well before the end of the year. Therefore, once those revenues start reporting, which should be in 2012, we'll be over 1M in revenues with excessive growth occurring quarter over quarter as more hotels come on line and contracts are executed. Needless to say, 2012 will be a massive year for Tivus on the revenue front.

Did anyone else notice in the QS post today they mentioned Marriott International? For those who don't know, Marriott International and Host are two separate companies. Perhaps another announcement soon will be the acceptance of a contract with Marriott?

Tivus started out as MaxWifi, which delivered wifi to hotels. Essentially it is a part of their portfolio, but not the core of the business.

By far the largest volume day, but our O/S is much higher as well. Looking forward to the PR announcement giving us a few of the details. I expect that when that PR hits and people see this is actually a real company, then we move higher.

From the CC, they expect to be at 5000 rooms before the end of the year.

Actually, we're at 2200 rooms. Philly plus Omaha. Philly is approx 1800.

The news today is actually positive. With the addition of a CPA we can expect timely filings in the future...hopefully.

Did we? Seems like it was pretty tight lipped by the company.

While we wait for the appeal process to play out, this will remain dead. If the appeal falls through and the judgment stands, this will be the death of them.

Tivus does not actually do the installs themselves. These are instead contracted out to local labor partners to do the physical installs in each local. Therefore we could assume that Tivus could take an upfront payment from HOST that could then be used to fund the local installs. This method would allow for multiple installs to occur simultaneously.

Good things to look forward to in August:

Completion of Philly
Uplist
Extension of the HOST MOU to a signed contract with HOST
Start of Omaha Double Tree install