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These types of hot boards and lists are inaccurate at best. Let me be clear that I think the talk of an RS at this time is way, way too early. Perhaps later. What waggett says is true and an RS just makes no sense at this time.
Tivus has some things it must get done, and the first is the AUDITED FINANCIALS. SH says, "After numerous audit activities, I am comfortable at present reporting I expect completion of the audit proper in the very near future, possibly around the beginning of November, maybe sooner." Sooner is way past due, and the beginning of November is wearing out it's welcome. By parsing words and phrases like "I expect", "the very near future" and "possibly", SH is losing his credibility. In business, the word is "We are reporting that Tivus has completed and filed with the SEC audited two year financials." No "maybe's", "very near future" and "possibly". In the stock market, these types of delays will always take a legitimate company and knock the stuffing out of their share price. Tivus continues to be hurt by the failure to deliver on it's audited financials. GLTA and SH.
R3
I cannot answer why someone from Tivus does not respond. I would guess that just like on multiple occasions written material is INTERPRETED to fit the desires of the poster. We have all seen it and so if the company sees a person as one that will twist what they write, I doubt they will respond.
Like most companies that are struggling, they are understaffed and over worked. And they make the same mistake over and over again. Quit OVERPROMISING!!! You are hurting your investors and causing them to lose confidence in this company. If you promise you are getting financials by the first of November, do it by the first day or at least the first week of November. If you can't, tell people you won't meet your deadline and why!!! People on this board are once again disappointed and the company is mute. You can do better.
R3
Attorneys letter could be precursor to audited financial filings. R3
I am counting on the Mormon Marriott's ethics. Otherwise I would be gone. R3
Let me just say that I am expecting a good result. I am assuming that even Tivus understands that pumping a stock with obvious misleading statements constitutes something more than sharp business practices. I have to believe they are still ethical. R3
I am not the mod but SG we hope you do well but you trolling in the wrong board. Be nice and leave
R3
Right now, I just want to see the financials posted and audited. That is SH's responsibility and he said the first of November, maybe sooner. Sooner isn't happening and the first of November is in the second week. Come on SH, get this done. Nothing is going to happen until this is done. I doubt it Host will even do business with them until this happens. I wouldn't! So Tivus, get the job done. R3
Agree! Dmo always cuts to the chase! R3
DMO, if I had to bet I would gamble on Tivus finally getting their audit finished and trying to uplist. A QB listing would be helpful, but not much of a money lifter. The release of the Host Philly contract is the share price mover. Together, I think it would be big enough to get enough of a sp boost to cause bigger players to hold and wait for a price increase. A 50 hotel, 25,000 room Host contract for $100,000,000 might be really interesting! Ha! Ha! If only!!!! R3
Btw BS for me is "being silly". References to bodily functions belong in a colonoscopy lab. I understand all feelings of being used. While supporting Tivus is pushing up against the limits of my positive nature, I have given them this month to FINNISH AND FILE their audited financials! There are other companies out there that are meeting their goals and deserve attention. R3
Brian I share your disgust with this audit B.S. I like SH, but unless this thing gets done early next week all of us will feel used. There is just no reason to keep missing unless you just don't know what you are doing. This is accounting not rocket science! ! R3
If someone wants to give Tivus an example of what drives investors crazy it's their lack of clarity on the audit results. "First of November, maybe sooner" was SH last report. November 4 and NOTHING. Why do you raise expectations like this and not blame yourselves for unhappy investors? The first of November means the first week of November, not the second, not the third week. This is your fault not investors. R3
Low volume on stable price. We are waiting for news of audit completion and $$ on Philly contract that SP said was an executed. IF and when this hits I would love to see an uplist to QB. R3
A-1 glad to hear from you. Now our moderator is back!! Yeah!
I am a little surprised that there hasn't been any discussion about Tivus stock price holding firm, and rising slightly. There is definitely some strength here and I think a contract could help this really take off (relatively speaking, of course). R3
Great post, Waggett. R3
Has anyone else had difficulty trading at this point, i.e. Scottrade, etrade, etc. R3
I would propose that DMO continue to keep his sharp eye on the OS level this week. Yesterday seemed to be a rather modest share day and if the number of shares being placed on the market begins to slow dramatically, that might indicate that Tivus has begun to live on debt financing. Also, if the share price begins to rise from what is a very stable base of .0008 to .001 at this time it might also indicate a shift in company financials. Of course, I would prefer announcement of a contract, but Tivus may also just want to operate off of debt financing for a while before putting out a pr. Naturally, what I would love to see is a reduction in OS, which would be a dead give away that the company would be buying back market share and the threat of an RS would diminish greatly. Do I think this likely given their projected goals? Probably not, but they may also want to restore some investor confidence with small buy backs. Anyway, let's see what happens. R3
Agree! Great Find! R3
I am assuming that an executed contract means that both parties have fulfilled their obligations of the contract. In this case Tivus has placed their system in the Philly Marriott and it is working, and Marriott has agreed to pay Tivus $'s under the terms of the agreement. I am assuming the return time on the contract has to do with when Marriott wants to begin the financial payments, but should be on or before Jan. 1, 2012. Otherwise, why call them in early. At least at this point, there doesn't seem to be a reason for a delay. R3
Back in but leaving again tomorrow. I think that dilution is a moving target, and yes, it seemingly is always bad to the early investor's detriment. The only reason to "celebrate" dilution (and I don't mean the woo-hoo kind that gets you crazy happy!) is when it keeps a legitimate company alive just before $ contracts. That is what we hope is happening, but I would be the first to admit that this is a roller coaster ride and for all those who are holding on with their finger nails and have a ton of cash in this stock, their ride is much more precarious than those of us who have much less invested!
SH says that audited financials are supposed to be finished very quickly. OK, Steve, we really need a boost by getting those records done. I would imagine that those financials might be of interest to Host. I would certainly want a look at these with a company we are going to do business with. I would want to know how they are going to move forward fiscally. Does that make sense?
In business things have a way of getting done before the end of reporting seasons. One thing I am fairly certain about; if there isn't any contract by year's end, this isn't going to happen. JMHO. I don't see that right now, however. So, I am hanging on and waiting for reasonable and sound news. GLTA. R3
The whole concept, as I understand it, with Tivus is that all equipment is installed at no cost to the hotelier. The system starts paying out when a contract is signed and monthly payments begin. These payments are offset by use of the ad insertion technology and that is the attraction to the hotel; a new advanced system with high quality at no cost to the hotel. Sounds like a great plan to me. No money flows until contracts are signed, and to date, I think that only DT has signed a contract, but I believe that without the equipment being installed, there are no payments due. So, we wait. The real need for the NOC is to get the ad insertion revenue started, which is not cost effective until around 5,000 rooms are on the system. Thus, the bigger contract with Host is important for Tivus to grow and make this all happen. It is a real pinch point for a small company trying to get started. Add a financial squeeze and there is little wonder that shares are flowing like water. I stand ready to be corrected on any of this, but think I am relatively accurate.
One thing I notice is that from time to time when people don't do DD they ask questions that have already been answered. That is fine, but if you don't get an answer to a question, you may want to ask if this has already been answered. That may speed up the process. JMHO. Have a great weekend, and if Tivus wants to announce big things tomorrow without my permission, please, DO IT!! Be an ORCA! R3
I will be out of town until Monday, but will check with investorshub on Monday to explore their qualifications. R3
Let me help everyone understand a little about who I am. After this you probably won't want me to be a moderator. I am not a techy by nature and would need someone willing to update the board. I will not pay a dime to be the moderator. I will risk capital on penny stocks, but not on chatting on ihub. I post here because it is free, so yes, I am frugal by nature. They probably won't like this, but you need to know I may not even qualify to be a moderator.
I have a little over 860,000 shares of Tivus, and am positive in nature (you probably already knew that). Money is a tool to me and I generally give it away because others need it more than me, and I don't want it controlling my life. I am a former federal officer, and a minister, but I try not to dispense legal advice or salvation on the web. I fight my own demons, and try to feed the good ones more than the bad. Sometimes I fail, but I don't mind saying I am sorry. We all look foolish from time to time. I have owned my own company and appreciate the twists and turns of business. You don't have to be a wizard in business, but you do have to eat and drink it 24/7 when you are the boss.
I do believe that Tivus is trying very, very hard to make this company succeed. I try very hard to keep a strict line between my politics and my economic theories. I am not on a chat board to hear half-baked political views on parties or candidates. I have enough half-baked views of my own. I am interested in one thing: sharing information about Tivus and the world of business that may influence them and inform others. That pretty much does it. You folks talk it over and we'll chat later. R3
PS: And yes, A1 did a great job and I would hope he would come back to monitor this site. Tivus isn't pretty, but I think it can happen.
Thank you, Irish. I am just in the midst of giving up three jobs that needed surrendering and am looking forward to some down time. Besides, I have been a bad boy on this board and might have to remove my own posts!! For now, I believe that DMO has the best grasp of the market activity and it's consequences, far surpassing my understanding. I will stay on this board because while I am disappointed at the timing of some of these moves by Tivus, I also believe that they are really trying to make this work with little to no revenue. Building something from nothing is akin to "Creation"! Unless you are G-d, it takes more than 6 days.
Now, if the NOC figures posted earlier are somewhat accurate (and I have no earthly idea what it would take to get up and running), it would seem to me that a $3.5 million or more contract from Philly should provide enough debt capital to begin and complete the first phase of an NOC. IF that can be the case, and IF other larger contracts are forthcoming from Host by year's end, I fail to see the need for much additional dilution by year's end. Personally, if I was Tivus (and I don't know their capital structure at this point), and a multi-million $ contract hit, I would probably begin to buyback shares QUIETLY at these prices and then announce a done contract about one week after it is in hand and they have purchased back several million shares. I am not aware of the SEC regs on that, but if they can do that, it would not take much capital to improve the position of the sp, shrink the OS and hold the AS to 1 billion and restore confidence to shareholders. It might delay other business decisions, but an increase in sp would by definition reduce further dilution and be much less damaging to shareholders and more profitable to the company, i.e. you don't have to sell near as many shares if the sp is at .10 versus .008 to gain equity capital. JMHO. R3
Like most of you, I feel better now that I have read the text. It is the reality of a company without capital backing and trying to get to revenue while doing what I still believe they would rather not do: dilute. No one wants to dilute. It doesn't make any business sense at all. I think another CC is still in everyone's interest for air clearing and some good repartee! If Host actually signs a contract on Philly or more, that would be a good time so we can try to get 20/20 on our way forward. I for one don't have anywhere near $20,000 in Tivus so I am a fan of getting all the larger investor's questions answered. R3
Thanks, JD! You are our hero, and have a good day! R3
No response as of yet. R3
JD, just post the email response. We all need to read this document. Anyone sharing this should feel ok about it being posted. If you need to edit names for privacy sake, do it. But there shouldn't be any need to redact this document in large part. Again, I don't pay to communicate on any board. Anyone else give jd your private email and get this to the investors. R3
Brian, the problem with Cc's is that we don't ask really penetrating questions and demand better answers. We try to be polite and don't get to the hard questions. To date, I think we still need to see the email from SH and have it posted on this board. No one needs to fear posting this email response. Don't we all need to read this for our own interpretations? R3
Irish, you are no idiot. First, we haven't seen the substance of this report, and if there is one thing I can tell you it is that email answers can be interpreted 1000 different ways. I am somewhat concerned about why there should be any concern about this SH response being posted. That makes me a tad suspicious, Irish, of the interpretation(s)being applied. Nothing nefarious, but many things can be read many different ways.
We are all culpable for not asking for a business plan and long term development goals. It is easy to get lost in news releases that answer our short term questions, but don't necessarily paint a picture of the future. We need to realize that steps 4,5, and 6 are just as important moving forward as step 1.
I do think it is time for a face to face with SP and the company. I strongly suggest that Tivus schedule a shareholder's meeting where they lay out their plans and answer questions. I know they don't have to, but it is time. They can do this over the internet or even provide a better plan in a CC. JMHO. R3
I don't have the private reply on the board. Does someone else have that right that they would fill in?
Dmo, you are right, and that is why I want to make very sure that they nature of this conversation is as clear as possible. The only reason Tivus needs money is the NOC, and to date I have not seen any NOC budget figures. Whatever that is, if they can't squeeze it in with a few $ million, they need to simplify it and live within a much reduced budget. The whole thing about Tivus is that they have always been so proud of how this company uses other companies' assets (contractors)to get the job done, and now they suddenly need a $10, $15, $20, $25 million NOC? What is the cost, Tivus? Communicate your plan with your shareholders or you can face more recrimination from them. In the meantime, yesterday was a beautiful fall day. Wow! R3
Jd, if SH put this in writing, it needs to be posted. I am uncomfortable taking information like this and just accepting one person's spin. I do not mean this to be insulting to you, but I want to read his words myself. GLTA. R3
jdraney, there is dilution, and there is dilution. If there is a large multiple hotel contract from Host that puts $30 million on the board, the price of the stock will go up and dilution will slow considerably. While Tivus must build their vaunted NOC, they cannot hope to sell enough shares at .0008 to buy a Winnebago, a used MacIntosh, and a good sized outhouse for Shiva with those shares. If they are not planning on offering their services with a reasonable profit margin in the work they do, this company will have a hard ride ahead. This is why I have been very concerned about the share price at this point and what Host is trying to accomplish with their first contract(s). Tivus is walking into this relationship from a weak business perspective with a large OS/AS and dumping shares at low price points. I am supportive of Tivus, but I am not blind to business realities.
Also, if SH is talking about dilution through six months of next year, there is no way out of this but a huge RS and angry shareholders who will feel used by Tivus. If you really want to build a company with value, don't lie to your shareholders, and saying nothing is tantamount to lying. If you see it coming, start talking about it sooner than later. There should be NO RS until the share price is well above the current price and the Hosts contracts in hand. Doing a 1000/1 RS is nothing but screwing your shareholders WITHOUT strong and rising price support of shares. Besides, just doing an RS with no price point support would be a dopey business move and result in more .0008 sp. Also, this stock will have limited appeal to anyone if they continue with a multiple history of RS. I have to believe that Doug Marriott isn't that naive of a business advisor. JMHO. R3
Irish, unfortunately I think that family relationships don't often mean much in our world of business. I had a cousin or two that I probably would have run the other way if they had brought me a "good business deal". As far as Host is concerned, they are much more concerned about their shareholders then Tivus' shareholders! They are the ones they have to answer to, and a great deal with benefits is their primary cause.
Host doesn't want to kill Tivus. Believe me when I say that the Marriott family hates porn with a passion. They will do everything morally possible to get porn off their tv screens. But they have to make money, and that is where Tivus has it's edge with ad insertion.
I think hanging in is what we have to do, Irish. I am buying limited numbers of shares to average down my price to well under .01. Remember, even in a RS, the share price will generally reflect the same multiple of RS in the share price. It may or may not stay there for long, but it will start there. If there is a contract and $'s announced with an RS, you could at least for a short period of time see a benefit. It is all in the playing, my friend. Have a good day. R3
Irish, if you were the vp for Host doing this deal and you were seeing this company share price tank and shares skyrocketing, would you be in a hurry to "help" them? No, you would be betting that Tivus is under real financial pressure and you can get a better deal and a bonus next year by waiting them out. This is what I have been trying to share with people that the implications of the dilution and falling sp(although the good news really is the share price has not significantly fallen in the last 45 days or so) puts pressure on Tivus to accept less of a deal than they would otherwise. It also means that Host will slow any deal making as they see this weaken to their advantage. The real business deal here is to balance running Tivus to the ground IF they want their services and being blamed as an officer of Hosts that you ruined their shot at getting away from porn. I DO KNOW that Host wants away from porn in a big way. R3
Mark I think there is value in establishing a legitimate relationship with a f500 company. That will open other doors. I do agree with you that a multi unit contract would be best, but don't expect it yet. Philadelphia will set the pattern for other, bigger deals. It is Philadelphia I believe SP was referring to IMHO. R3
I totally agree Brian. Let me add one; I want to see it on Host's site, too! R3
This is to all. Here is one thing I hope we do think about; when (and yes, IF) a contract comes, will we believe it? Just a thought, and I have to confess I do include myself in the "we"! R3
Irish, I agree with you. I include myself in that group that does not like all this dilution. My intention is not to offend, but, unfortunately, focus on that I really do believe that SP and company are trying to make this company go, despite this horrible share dilution event. At this point, I really just don't see how they can get away from this until they really, really do have a contract with $'s behind it. In the meantime, the sp is not what any of us want. At any rate, no offense intended on my part. I am just an annoyingly positive person (my wife would argue that point!) when it comes to business matters. We will just all keep doing our best and hopefully something good breaks asap. Thanks for your input, my friend. R3
People can write anything they want to on this or any other board as it relates to Tivus. I fully accept that principle and wish all the best of luck. That right also extends to people who see things from a different perspective. I don't wish anyone ill, and hope all their dreams are fulfilled in whatever way they are trying to achieve. My "reality" is not their "reality" and that comes from my own corporate background as well as owning my own company. GLTA. R3