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He said they probably are looking at old information. He said "i dont know who you talked to but thats not correct"
Ok.. Just got off of the phone.
On the issue of transparency.
1. Steve said he tries to return all calls and emails. He has his spam service contracted out, so if your email went to his spam he wouldnt know about it. He said hes not avoiding anyone or hiding he just has alot on his plate. If you dont get an email response you can always give him a call.
2. Michael is his partner not his assistant. He brought him on this year to make them more accessible and work more efficiently. We should use both resources for questions.
3. The compnay has not gone dark, He said they will report any material event. So as I've been thinking he confirmed. If something material happens ie. (new contract, completion of installation..etc) they will report it as they have been doing.
Business takes time and we shouldnt expect a PR every week (my words not his).
Doubletree and Mariott
1. Doubletree is moving along nicely is all he said. Basically he said hes going to stop reporting on "are we there yet" questions because its really not helpful. But things are going well.
2. Mariott - Marriott controls their pace not the other way around. They are working with the renovation team and everything is going as scheduled. If anything material arises it will be announced.
General Info.
1. Host has acutally given us 2 hotels. He wouldnt mention the brand or city of the 2nd one. I guess Host hasn't given them the authorization yet.
2. He also reminded me to look at the company fundamentals. Host gave us a prime location to "try things out". Per Steve " Why would they give us 2 prime locations to test if they thought we would fail". He sounded pretty confident that the MOU will become a signed contract next year.
3. Also per steve "this is going to be a fun year"
On teh phone with Steve now.... 300 Mill is the current Authorized Shares
yea my bad.. guess I typoed in the midst of trying to clear the air
Ok I called Guardian and the also told me 2 billion.. BUT. I also asked them what the date on that was and if they ever had record of it being reduced to 300 mil. The lady said the person who could best help me was on the other line and i would need to call back. I am leaning towards the more optimistic side of things. AS is still ~68 mil
Ahh ok.. I though I missed something. I read all of the posts made here and didnt see anything... So I though maybe someone got some different information somehow.
So where did this negative speculation about A/S increase and Reverse splits come from. I remember someone tried to ask about a RS on the first conference call and basically got totally dismissed about how unlikely that was
Where is this "return to 2bil A/S" even coming from? Has there been any mention of possible change to the A/S?
Has the T/A ever given the A/S??? I know we've always called for the O/S. As far as I know the AS is still at 300 mil.
The revenue projections.. hypothetical projections
And If I remember correctly, Tivus R/M'd into MaxWiFi. So it probably took alot of digging to get information on the past companies stuff
Thats what I've been saying for the longest. Its probably a long process to get all of this stuff together. I didnt expect it to just be delays on financials. This is actually a good step for them to hold up to their uplist plan
We have some convertible info too
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=50267
Looks like some of the 2 back stuff for uplisting requirements
I do like seeing the amount of shares at each lvl.. 130k more and .0145 is gone
190k to take out .0145 now.
so we have 50k @ .0121 and 80k at .012... and the ask is showing .0145 x 5000
Gap filling i guess.... only explanation
so open at .02 .... bid/ask at .015 x .016...and almost half a mil in volume
This technology is worth WAY more than .50 a share. If LNET touched a 39 buck high I think we can hit 50 bucks+. If this revenue sharing model proves to be effective and we get half as many rooms as LNET we would all be retiring in a few years.
Well see if it stays that way in 8 minutes.
Good question to ask about the Doubletree. Did the contract start upon being signed, or does it start after installation? Hopefully the latter or we have missed out on alot of time and revenue.
I really cant blame Tivus for this one though. Doubletree didnt pay for the TVs until this year, and there are shipping and other issues that are impeding installation.
Good note though... when they get everything in order, Doubletree should be online very quick. The Marriott had 500 rooms up in a few weeks
Left a voicemail for steve.. lets see if he calls back
Also.. Just a thought I had before turning in for the night. If QS has already been paid the 3.5 mil restricted shares, then that should already be reflected in the O/S. So for at least a year that gives us 12 mil(restricted CEO) + 3.5mil(QS).. for a total of 15.5mil restricted shares.
Subtract that from the ~66mil current OS and that gives us a float of ~51.5 mil shares. That is still a very low float for a pinksheet stock.
I will try to call steve tomorrow and ask a few questions. Let me know if you want me to ask anything in particular....If i can even get him on the phone
Yes, but uplisting from .PK to .QB or .QX is still a notable feat. Getting off of pink sheets would be a great step. It challenges the managment to adhere to certain guidelines. We wont have to worry about this stop sign, yield sign crap. And it gives a bit more visibility to investors who wont even touch pinks
Since were talking uplisting now, Ive been trying to find some information on the requirements. so far this is what ive found
http://www.otcbb.com/news/EligibilityRule/noncompl_procs.stm
http://www.gopublicusa.com/whatis15c211.html
The comment made by the guy at the end.... and also stated by TIVUS....and probably the reason the audit is taking so long. They are going back 2 years of financials to be audited.
http://www.stockrants.com/forum/trend-spotting/4211-otcbb-uplist.html
Also.. side note. I called the Philly Marriott and they say the guests have been pleased with the new TV's. I couldnt reach any technical engineer or manager to get more info so I will try to call back later. But for now I assume that we do have quality product. Now we just need to get the business end in order and we would be in good shape
heres what I said right before the other post by me
Dominick McGhee
I believe this is added worry for share holders on top of the late financials and unknown amount of convertible shares that are still coming in. For people who trade often on the pinksheet market, seeing promotion firms attached to a stock begins to look suspicious. Also, when we first heard about QS promoting TIVUS, it sounded like they picked us up on their own accord. And although the disclaimer was there, i dont think many of us looked at it in detail until now. So with the convertibles still coming in, and seeing cash and 3.5 million shares going to a promotion firm doesn't look good.
One of my posts is missing from that. I had 2 behind each other. The one thats showing is my 2nd. maybe my first post got deleted
facebook acts retarded some times. I also followed up on that post.
Has anyone tried calling? I think I remember him saying that calling would be the easiest way to get him. I may try to give him a ring later today.
hey NIC are these the price you were looking for?? I wish I had some dry powder as well.
Vert @ .02 (not sure if he still is just woke up and read what yall wrote earlier), but this would be a great time to clear out alot of his shares.
Sadly.. The only way were going to blow through him is to buy up all of those convertibles.
Well I think its pretty clear that its VERT. The O/S rise around the .03's and .04's, VERT stayed on the ask. When we go to the 2's VERT was parked at .03 for a few weeks and the O/S didnt change. VERT is back on the ask and the O/S has risen again.
oh I get ya.. It was just surprising. I did a random check on some stocks that I jumped out of and saw GREEN. Had I sold it last year or something it probably wouldnt hurt as bad. But were talking 1 & 1/2 month difference when I was already holding for like 8 months before.
Its like getting all but 1 lotto number
A pretty big cancelled check in this case :(
yea but I told myself to hold on 1 more month... but I didnt listen to myself and I missed out... oh well. cant change the past but it can still hit you in the back of the head
Ok I know this is off topic. But Im seriously kicking myself, but hate to say it on the board in question. I bought into TECO last year and go frustrated and sold for a loss at .008 in February.
My thoughts were that take the loss and buy more TIVU @ .04. Since my average was .10 at the time it was pretty good but i thought we would be higher than we are now.
Now looking at it.. If i had held my 55k shares i could have a huge profit and bought ton more TIVU here at .02's than what i bought earlier.
Sorry for the rant but ive been kicking my self since last week and it still going higher
true, but loading at .006 vs <.004 in 1 day's time kinda hurts. Could have gotten about 50% more shares had I waited
Man I do feel stupid for buying more yesterday. I wonder how long it will take for this to get back to .01. Hell my average is around .05 but being sub penny is killing me