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If after releasing news it doesn't make a difference in sp, we will see a rs just to put some more punch behind sp. The price of the stock just will not be able to sustain any value unless it once again gets into the penny's and not the fraction of penny's. I would guess 1:200, maybe more. They can't fund the company on equity sales unless the sp is higher, and they need those contracts released to borrow and avoid an equity meltdown. Perhaps they will finally get a sizable contract announced and change the picture. GLTA. R3
Let us hope for the 2nd quarter, audit, and contract for Philly to be released this week. That would be a wonderful hat trick. GLTA. R3
Good Sabbath to you, Chit. Here is hoping that this holiday season results in promises fulfilled and contracts announced. We are all just waiting on the $'s and filings. R3
What gets us to higher share price is what has always gotten us to higher share price: $'s! Since the financials haven't been filed, that also must come, even before the $'s. Credibility and $'s will do the trick. R3
Risk, I will celebrate with a brass band if all comes true. It sounds as though SH answered a very important question: What is he doing in Philly? Obviously, selling advertising! GLTA. R3
What I WANT to think is that SH and company have their act together and are reporting to us what they promised and lead us to believe. That is WHAT I WANT TO BELIEVE!! Unfortunately, what I am seeing in reality is that we are once again late for a quarterly report, we do not have the audited two year financials completed, there is no dollar amount on a five year multi million $ contract, and there is no multi hotel contract reported. These are FACTS, not opinion. As a matter of fact, the latest release reported a near disaster that was thankfully averted. So, regardless of how much I want Tivus to succeed and hope that they eventually do succeed, at present THEY are not building up any good will with shareholders by not keeping their deadlines and promises. Buy if you will, and I wish you the best. But until there is some "dog gone" good news, I will continue to report facts which I hope encourage them to communicate with their shareholders rather than letting promised deadlines go by without so much as a whimper of news. IMHO and GLTA. R3
Well, now what would SH be doing in Philly? Can we make something positive out of the fact that quarterly filings are late (don't need an auditor for that) and the one responsible for those filings is in Philly? Let's stay grounded in reality. I want this to go as much as anyone, but not hitting financial filing deadlines of any sort and camping out in Philly working on Tivus over Thanksgiving probably can't be counted as positive. Any spin that would make it so would be welcomed! Good shopping to all. R3
yellowdog, the person responsible for the audit being completed (SH) IS in Philly. Perhaps that is why the second quarter financials have not been filed in a timely fashion despite the fact that SH filed the necessary papers stating it would be done. However, I hope at some point his work is getting done. R3
Cashrace, please don't apply for the pr position with Tivus. I am confused enough with what they put out. Your post leaves me completely clueless to meaning and content. JMHO! Have a good Thanksgiving. R3
So the books of the company are in Philly?????? How can these reports be "out of my hands?" Can this get even more bizarre? Oh well, to all Happy Thanksgiving. May Tivus have a resurrection in the near future. R3
SH just needs to complete tasks. Then he just gets accolades.
If he chooses who he selectively responds to, that is immature and evasive IMHO. Being an investor has nothing to do with whether SH likes a personality or thinks he/she is negative; THEY ARE INVESTORS AND SHOULD BE TREATED WITH THE SAME DIGNITY AND RESPECT AS ANY OTHER PERSON. Communication is his business, and selectively choosing who will support him, regardless of business performance, shows a lack of character. Again, he just needs to complete tasks and do his job for Tivus. To date, he has failed in this miserably.
Sorry. I don't like to post things that reflect negatively on a person's job performance, but he can fix all of this; stop promising what you can't deliver on and finish what is promised. It's business and we can all celebrate together. AIMHO. R3
K2, following your line of reasoning nothing would ever get done because it is always too easy to do nothing because "no one listens". It's ok and I do understand your exasperation, but I believe that probably the real reason nothing has been done is that most of the investors, including a bunch on this board, don't speak with one voice to SP. We dissipate our energy and effectiveness by sputtering and spirting, rather than speaking with a clear focus. So, I encourage everyone to not beat up on SH, but write SP with your concerns about SH's performance. He may say nothing, but don't think for a moment that multiple investors speaking with a common thread can't influence SP. If nothing else, SH will think twice about this continual saying one thing and doing another. I like SH, but he just has not delivered. GLTA. R3
Mr. Haag's multiple failed promises should no longer be tolerated. Mr. Haag just seems to lack all credibility and he should be replaced with a performance based employee or contractor. I am sure he is a nice young man who just can't seem to deliver on promises or deadlines. But the damage caused to this company is beyond dispute, regardless of who posts on this board. R3
Mr. Prakash:
As a shareholder in Tivus I request that you terminate your relationship with Mr. Steve Haag, investor relations. Mr. Haag has failed to meet multiple deadlines and has continued to promise shareholders and potential investors financial accountability that has resulted in a plummeting share price and brought question about the integrity of Tivus, it's business model and it's corporate viability. Sincerely, R3.
I do sense that dilution is taking place at an increased pace. Can we get a read on this? What's the OS? R3
Mark, we all know what will move Tivus! 1. Stay Current in financial filings. 2. File the audits as promised. 3. Give financial details on the Philly Marriott deal. 4. Announce a large multiple hotel contract deal with Host and one other hotel chain.
Nothing drives a price up like money coming in, versus money flowing out. This current delay, which was not the fault of Tivus, is a valid reason for the lack of news (except the audit conclusion). Get three of the four things completed above and Tivus will be back to penny status and perhaps multiple penny status. It's still got a great business concept and makes a ton of sense. R3
mfo, everyone here loves the business model of Tivu. That is probably why most invested. It has great potential strength and long term business viability.
The complaints on this board are from obvious communication gafs and bumbles. This company can succeed, and I for one see a bright future IF they can get their basic steps finished and completely filed and online. That isn't asking too much and the company promised us such. To date, we await the fulfillment of their stated promises to shareholders. This isn't hard; just do what you promised.
BTW, what is the OS? Has anyone found it. GLTA. R3
Now, where on we on stock dilution? What is the OS? R3
Thanks, Ohio! Nice to know it wasn't a hardball play by a competitor. But it is also good to know that Tivus didn't sit flatfooted watching it's business die. Now, if we can only get the 99.9% audit filed and our $ amount contract with Philly announced we should see some stability return to the price and shareholder value. Come on SH, talk to us again!! R3
This raises many questions. Is the "elective" shutdown of this service from EchoStar just with Tivus? If so, could it be that a larger provider of these services put heat on EchoStar to dump Tivus and send us into free fall business wise? I have gone back to EchoStar major press releases and nowhere in this do I find that somehow they have stopped this service to all providers (they may have, but I have not found it). I suggest that those of you who have a broad tech background investigate what this really means. Sometimes we are counting our pocket change and missing some very important statement being done in the world of hard ball business. Someone get on this. R3
Hang in there Jodykidd! I'll say one thing; we know more about your state of mind at present then we do about Tivus. But I am still positive on the Tivus business, but I just have to guess on what they are doing because they don't talk to us! However, maybe some day they will talk to us again and we can make better judgments. Like I said, it's tough to be accurate when you have to guess about someone's actions and their motives. If that's negative to you, sorry. As for me, I am on a natural high and not letting anyone else's comments ruin my day. GLTU! R3
All of us want more openness and transparency on the part of Tivu. IF they ever get a shareholder meeting, there will be a sharp and difficult review of their business practices and their shift from clear and open to guarded and seemingly hiding in nature. It is one thing to say how busy a company is, but it is another to avoid any clarification at any cost in sharing with people who have a financial investment in the company moving forward. I still believe in their business model, but their pr actions are inconsiderate at best and negligent at worst. They certainly know the deep concerns of this board and they are choosing to just dummy up and stiff the average investor in not updating all with adequate information. The next CC will not be pleasant, if one every happens. R3
By the way, 99.9% of completed audits means that only signatures are remaining on the documents, nothing more. Any corrections or deficiencies have been discussed and this thing is done. Come on, SH. Put this thing to bed!!! R3
Executed is a legal term with specific legal meaning. If A1 was around he could further clarify, but it certainly indicates that there is a firm deal and that all parties have come to agreement on those terms they are to each carry out. There is no wiggle room on an executed contract, as I understand it. R3
Woof! Woof, yellow dog. Where you been? We still need financials filed, SH. Let's get this straight: There ain't no enemies here wanting Tivus to fail. We are all FOR you! Just do what you say and we will all celebrate a big victory and slice of the prosperity pie. You know that pink sheet stocks are notorious for being bogus, so just drop us a line periodically. Jeez, this ain't rocket science and doesn't require a board of directors meeting (oops, we don't have one of those) to get a press release out saying you have done what you promised! The only other alternative is that you haven't done what you said. What else are we to believe? A vacuum always gets filled with something, even ridiculous rumors. R3
AMEN! R3
I agree that there is no .10 in our future with what we currently see. I would be thrilled with .01 if the company posts it's audits, stays current and releases a verifiable contract on Philly at around $3.5 million. What gets us to .10? This 50 unit hotel contract gets us there IF Tivus shows some business sense, and that includes a reliable pr contact with it's investors. I have to remember that stock prices are based on future expectations, not current reality. With that in mind, Tivus needs to act like a company that cares about it's investors and it's business model. That is currently missing. R3
Waggett, I used to work with a guy who when he said he was 99.9% through meant he had just started!! Oh well, thanks for the update and we hope he isn't snowing us all. I choose to trust him for now. R3
BTW, pending a response to any question from SH, I suggest that we organize the board to do a "P.R." blitz of Tivus through Shiva Prakash. IF we can't get SH to respond, if we flood Shiva with requests for information we may get a response where his pr guy seems to have failed him and the company. If nothing from SP, I suggest we get Doug Marriott's email and make the same effort. I am not trying to sink Tivus, but I am also not one that believes in the efficacy of stonewalling people who are merely trying to get honest responses to missed deadlines and legitimate information. R3
Waggett, the problem is that Steve H.is not responding to my inquiries and seems to put more and more distance and time between valuable comments and critiques of his efforts. I have tried to ask him questions with understanding and empathy for what I hope is his struggle with a huge job. But he instead just clams up and does not respond at all. Business is business, and when you fail to respond to investors in any meaningful way, you show the type of arrogance that causes doubt and confusion, and drops share price like a rock. I suggest that if you have his confidence, you ask him some valuable question like, "You indicated in your last press release that the audits would be completed by the first of November, if not sooner. To date that has not happened. Will you please update your shareholders on the progress of the two year financial audits?" Thanks, my friend. R3
Brian, I agree with you. This type of action that sucks people in can only be explained in one of two ways, IMHO. First, they are first rate con artists who have worked their way into the lives of the Marriotts and as such, I don't feel so bad because they sure bamboozled them and you and me. Second, they are so over worked with trying to get all the balls up in the air and keep them there that they have just completely missed how important their investors really are. (I know there are other variables out there as to their behavior, but I have pushed these to the two extremes.)
I am still wanting to believe that their incompetence is founded in a huge shortage of revenue and bad timing. I keep hoping that one of these people reads this board and realizes what a terrible, absolutely awful job of communicating with their shareholders they are doing and will respond out of decency and a desire to respect the people who believed in them and their product and took their limited resources to show that trust. With every passing day I believe most small investors must believe it is closer to the former theory (rascals and swindlers), but still holding out hope they are just insensitive and overwhelmed with business. If there are no audits shortly, and no verifiable contracts by year's end, I think we will have reason to believe they were just cons. Too bad, if so. And if so, the Marriott's need to clean their house or they will be covered with the smear of being a part of a slick scheme to take people's money. I still hold out hope. R3
Mark and Brian, I do understand your fixation with the apparent duplicity of Tivus. They are late and not reporting like they should on what is happening with the company and how this company moves forward. But you two feed off each other over and over again relative to your disappointments. JMHO, but I think people on this board discount your postings because they are of the same substance over and over; you are as repetitious as Tivus, only they tell us nothing and you two tell us the same thing from the sky is falling venue. I want to affirm that I think that Tivus has done an absolutely miserable job communicating anything of substance to it's shareholders. I am in your camp and believe they need to step up and be a real reporting company, but I am not in your camp with the tone and repetition of your postings. You do have the right to say whatever and I do respect that. This is just some fatherly advice; try to take another tact that isn't as repetitive.
Tivus, and that apparently means SP because SH isn't currently writing back (perhaps that is because of the audit activity), TALK TO YOUR SHAREHOLDERS AND TREAT THEM WITH RESPECT. Right now, you are utterly failing everyone who trusted you to act like you had some business sense. R3
I must confess that I had hoped that with the hiring of Jimmy Carter as their finance person there would be some additional timeliness of their financial reports. IMHO, the only excuse for delay is that they are finishing their 2 year audit findings and these would certainly take precedence over a quarterly filing. However, SH has failed to communicate anything to sh's and we are only left to guess. That is what is creating an atmosphere of instability and distrust. SH, get on your handy computer and let people know what is happening. No news can only be seen as bad news, and a quick press release stating that two year audits are being filed (like you shared earlier would happen) can't hurt your credibility any more than it is right now. JMHO and GLTA. R3
Dilution seems to have stopped!! Got to find good things wherever we can, so I hope that the audit comes this week. R3
MT, this isn't a matter of "never enough". We are the true believers who have been here a long time and support Tivus and their reported business model. Asking for the company to 1. post audited financials within the time frame they stated and 2. after announcing in August the contract with Philly DT Marriott actually giving the details of that contract to shareholders does not fall under the category of "never enough". By handling their financials and their two current contracts in this manner, they are losing the market punch they need to support sp.
Here is what good businesses do when they aren't going to meet their goals and objectives: they revise their estimate, communicate with their shareholders and get the job done. Now, I have bent over backwards to say that I know they are short staffed and I am not accusing them of anything other than being late and not communicating with their shareholders in a business like manner. But this is terribly important IF you want to elevate sp and stop share dilution, and grow a company. GLTA R3
Lest people think I am being too tough on Tivus, here is my rationale. Tivus always seems to be waiting on someone else to get the job done. It's Host, it's Marriott, it's some unknown group of hoteliers who haven't finished a contract or haven't returned one. The audited financials are entirely in their hands. There is no excuse for not meeting deadlines based upon "the dog that ate my homework". This is their chance to shine and be fully accountable based upon their own numbers. Every aspect of being a fully accountable company is right here, right now and I really want them to rise to the occasion and shine. JMHO and GLTA! R3
Regardless of how much I want Tivu to succeed, this is part of a pattern that seems to plague the company. I think that investors are wanting consistency in Tivus and so far, Tivus has not delivered an overwhelming amount of performance based items to encourage trust by shareholders. As a matter of fact, even their dollar contracts have come in fits and starts that, at least up to now, don't seem to have reached the performance and reliability level of a performing and trustworthy company. I am still positive on Tivus, but they must produce reliable contracts and audits that prove their long term viability as a business. JMHO. R3
Failing to deliver the two year audits on the 15th will be a serious blow to Tivus' flagging credibility. Jimmy Carter (no, not the former president, but Tivus' financial wizard) and Steve Haag have to get this one right. Any further "yield" or "stop" signs will put Tivus in a downward spiral that will drop this stock to new lows. Why? It is simple; you have promised this audit and lead your shareholders to believe it would be done by now. Failing to accomplish this audit by mid-month and our filing deadline will expose the company to new ridicule and lack of confidence. So, SH and JC, no sleep until the audits are finished and it needs to be by the 15th of Nov.
In the future, Tivus needs to be very careful about releasing vague dates and future projections without those items in hand, finished, and under contract. Silence may not be golden, but credibility is GOLDEN in business and this business will rise and fall on accomplishments, not maybe's. R3
Waggett, if the breakout is supported by the kind of news that builds confidence and business direction, I totally agree. I am harping on audited financials and giving SH a bit of a bad time on this, but I am hoping this gets done. Financial reliability in a company moving forward and doing business with a Fortune 500 company is critical.
Secondly, the release of contract specifics on Philly Marriott will also go a long way to moving Tivus to revenue and debt financing and deter further share dilution, at least for a while. Personally, were I in their place and knew what was happening, and assuming it was good, as soon as I got debt financing I would buy back several hundred million shares at these ridiculously low prices. That would stun the market and show a level of confidence that would support sp! Then, if need be, they could go back to equity financing once the price is up, but I would avoid it like the plague. Tivus, like many small companies, should have sold more shares into the market when the price was higher. They could have avoided dilution and stress on everyone.
Finally, if there is a bigger contract with Host or another business entity, sp should run much higher. I used to think that sp would hit $1 by year's end before the Great Dilution Solution began, but I would be thrilled with .20-.30 now. If they can do all the above, they could go higher, but it is a tall order given their current track record of achievement. Right now, Tivus needs to announce firm business deals and stop promising the future IMHO. GLTA. R3
Here is an interesting development: In the second hour no trading of Tivus. Period. Good or bad? R3