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Question, referencing someone as a 'troll', would that be on the cusp of a personal attack?
D
But in the case of Tivus, Greed will kill us ambition will not.
Well said, in agreement with all points and is why I am continuing to add at these levels.
Now, go enjoy your family. Things will happen in due course.
GLTA
D
Yes, we know. You are also a Capt of Tivus IHUB.
That is the most eloquently written 'statement of position' I have heard hear yet. How can one not respect that.
And thank you for reiterating what I have mentioned so often as a concern regarding the AS, now enough already. LOL.
D
Actually, they are both the problem.
504 for current monetary needs.
Convertibles for money already spent.
D
That is because the retracement was too fast for them to unload 44 mil shares since Friday. Many are now trading because of the pattern, when news comes so do more shares.
Tivus has set a precedence for financing and how investors view their stock. Now we have increased trading/flipping and finance shares to deal with. The faster they rise the harder they fall.
IMHO.
D
That is the danger of only looking at just one side of the argument.
It is healthy to hear the good, the bad and the ugly. IMHO.
D
Irish, indeed this has been a sore point for many and yes, you and many of us agree to that end. I dislike complacency when there may be options to provide solutions to issues such as the convertibles.
D
This, my friend, is the devilish nature of the convertibles and why longs both new and older should jointly be encouraging IR and Shiva to find a way to overcome this dilemma.
This is not about bashing nor being negative or pumping and being positive. This is about the reality of a hurdle which Tivus needs to overcome in order to move forward.
No need to make accusations or name calling over this.
GLTA. Go Tivus be a Shark!
D
Yes, many are accessible.
Absolutely, working in Pinkie land requires thinking outside the box. Things don't always have to take its' traditional form to get to end goal.
I like your suggestion, if we are truly on the brink of breaking through, find a way to defer by throwing them a bigger bone down the road.
Creative thinking. I like it.
D
The question of SP advance was answered, used the funds to help further fund company. Also, accounting practice so it wouldn't affect the audit. Whether that is true or not . . . ?
Friendly funding set bad precedence, could be the roadblock to more favorable terms. Though they do have better terms on future contracts and installs.
It sounds contradictory but the points being:
1) With all the positives why can't they land financing that resolves dilution.
2) Why spend money and shares on awareness program that hasn't turned things around, either spend it on buildout or preserve those shares and monies to initiate a buy back or share retirement plan.
There are some pretty creative financiers out there. I've seen contracts requiring financial investment in the company, through retail share purchases, in conjunction with investment in the company. It can be done - Prop up share price while raising money. Can Tivus do it, I don't know.
D
Yeah, its been a pattern that is hard to break. I think Tivus is attracting more attention from traders and flippers over the past 6 months, predictability of moves up and down are being played, not great for longs. Get it done.
D
Nor are the ones who have been around since last year.
D
Apparently you are not familiar with my relationship with IR. But maybe someone else can ask in a different way?
Yes, I have asked the question through IR and it was asked during CC Both answers only reference the dire conditions of the economy at that time, the lack of funding, 'if only there was' response but I am looking beyond that time, Why not a few months ago as Host was being built out? The same connections existed. Why not yesterday or last week before the new shares hit the market?
Surely, at the door of such great prospects, with industry iconic brand names and brimming confidence of future contracts/revenues and achievements we could find one Angel that wasn't really a devil. Can't we?
Yes, they did what they needed to do, okay. That was yesteryears, this is today. What options do they have today. What will they do now to address this issue. Resolve this and you will do more for transparency and investor awareness than any promo program. Put that money, $5k a month, towards buying stock back. I suggested this many months ago and it could have jump started things, instead they continue to slide backwards.
Please do ask about the plan on curtailing the share issue, if anything. Shiva was asked a similar question this CC and deflected the answer to 'having a discussion with the CFO who will deal with that'.
D
Right now, at this stage of company development, that would be the most powerful endorsement and newsworthy event that Tivus could get.
That alone would propel TIVU more than any single hotel contract.
IMHO.
D
For quite some time there has been something that hasn't made sense to me.
I understand the potential of Tivus.
- The story, the product, the opportunity.
- The unique benefits of Ad Insertion.
- The Ad Revenue stream.
- The Marriott connection.
- The Host and DT connection, MOU and contract.
- The no cost to qualified hospitality offering.
- The International connection to vendors such as Falcon IP, Vestel, etc.
I also understand the financial position Tivus is/was in.
- Convertible notes w/ no floor and discounted plus discounted warrants
- 504 financing and vendor payments with shares.
- The impact of the combined toxic/dilutive terms of financing.
- Pink sheet issue subject to all the perceptions and trading manipulation it is subject to.
What has really come to questin is - with all the potential, despite the problems, WHY can't they get or haven't they been able to acquire any non toxic financing?
Yes, I know these are tough times, as well as the non reporting status as a Pink and so on and so forth. With all the exuberance over International Brands constituting Tivus' supply and install chain, with all the high end name connections, with all the hoopla of the tie in to Host and DT . . . . . WHY, WHY, WHY CAN'T TIVUS GET A COUPLE OF MILLION IN DEBT FINANCING TO BUY BACK THE CONVERTIBLE SHARES OR SOMEHOW RETIRE THOSE OBLIGATIONS?
Host and DT, Marriott brothers and many others in the hospitality and gaming industry don't they see the huge potential that most here exude?
Wynn, LV Sands, MGM, all host whales who drop that in one night on the town and have hotel/casinos who thrive on risk. There is money out there for the right idea, the right product, the right team, for all the positives and potential of Tivus, WHY, WHY WHY can they not land a couple of mil to stabilize the company finances?
If everything positive shared here is true, why don't the deep pockets see it that way? Just makes one wonder.
All IMHO.
D
Ha Ha, WAMU, that's a hometown, former bank.
Yes, it's all risk/reward, especially here in penny/pinkie land.
Even U.S. debt is now at greater risk.
To keep things in better perspective, I think it's important that despite much progress with TIVU, it IS STILL A PINK SHEET STOCK, operating in the Wild West for now.
D
Can't deny the potential.
Though one would have to have blinders on not to see that 44-45 mil shares in the past 7 days will force the issue sooner than later. With 241 mil+ that would be ~9-10 days from now at that pace.
C'mon TIVU, turn the potential into reality it seems you have 2 weeks.
D
I think there is one thing that all here would or should agree on.
Once dilutive financing is done, share structure adjusted and uplist is accomplished Tivus will be well positioned to move forward.
One can only imagine where we'd be if they had non dilutive financing.
D
If you know something we don't please share. No one knows that it will stay at 300 mil or a little more.
When we were around 40 mil, IR told me they'd be happy if we stayed 100-150 mil. Well we've doubled that forward looking thought. If IR can't get it right, how can any of us posters?
D
Thank you for the compliment. LOL.
D
I'm listening. Loud and clear.
D
PM75,
All shares emmanate and are issued from Corp. treasury to convertible note holders, angel investors, vendors, etc.
The recepients of the newly minted shares have the right to sell those shares if they do not bear a restrictive legend.
The conversions are called in by the noteholder, within terms of their notes.
Technically, the new shares are sold by the recepient of the shares but the source of the shares are allocated and sold for cash or services by the company.
In Tivus' case I do not believe that they have sold shares directly into the market, though they have likely placed a certain # of shares with MM's to create and maintain a market for Tivus shares.
BTW, PR today = new shares printed. +26 mil new O/S = 241,851,245
44 mil shares increase to O/S within 7 days. GEEZ, hopefully stops soon.
All IMHO. GLTA
D
Stick to your convictions and DD. There are many here in much worse positions. Me included.
Yes, they have a cash problem.
Yes, more shares will hit the market.
Yes, they will ink the Philly contract.
Yes, they will begin work on the DT.
Yes, they have another TBA install in place, terms yet to be disclosed.
Yes, they have non accretive financing in place for future contracts.
Yes, significant revenues will flow, just not for another 4-6 months, minimum.
Yes, Q2 is late.
Yes, Q2 will likely come out next Monday.
Yes, Audit is started (2 years)
Yes, uplist is in the future but not until Audit is complete.
Yes, they have been saying Audits will be started and done since 2010.
Yes, Audits are late to utilize resources for Philly install.
Yes, Host will add contracts with Tivus but not until a 12-18 month plan is submitted and approved.
Yes, Tivus ad insertion technology is key.
Yes, Tivus connection with the Marriotts are another key.
Yes, you can trade TIVU and make money
Yes, you can hold long TIVU and likely make money.
Yes, there are mostly traders in the Pinks.
Yes, do not believe what you read on the M/B
No, you don't have to believe anything I have stated. Do your own DD to verify or quell any questions you have and firm up your convictions.
All IMHO. GLTA
D
Well now I know why it couldn't hold the gains on Friday. LOL.
D
Welcome, GLTU.
D
Hope we hold the 50 MA.
D
Per the CC, Tivus needs to develop a strategic plan for presentation and acceptance by Host before Host extends contracts for other properties. Not sure how long that will take but I don't believe that an extended contract with Host will be announced outside of a final contract on Philly and possibly the other property under contract(not positive it is with Host) besides DT. All IMHO.
D
The first was before RM with Max Wi Fi, the second before reducing the A/R from 2 bil to 300,000.
Although IR, two weeks ago stated they may need ~400k in additional 504 financing to complete installs before new financing kicks in.
Host, is changing IPHDTV services to Tivus (at least at Host Philly, more to come?). The ad insertion technology of Tivus allows them hospitality industry) to convert a previous expense into a profit center. Lnet is losing the Host contracts over adult content controls. Lnet's revenue has been based on older pay per view models, times are changing quickly. Look at Blockbuster, bust. Look at Netflex, boom. Similar changes to mobile device capabilities have eaten into Lnet's market share. Tivus is positioning to take even more. IMHO.
Actually should be 504 financing as they are trying to rid themselves of past convertible financing rounds. They also have non accretive financing lined up for future install contracts. Hopefully, they are done with or have limited needs for the dilutive financing. Just need to get the rest of the convertibles out of there.
You might want to review the most current Q1 2011 report, with Q2 likely out within a week will date this document though. Pay particular attention to derivative liabilities and subsequent events.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=56435
Lnet revenues are declining on a Q over Q and Y over Y basis, they are losing market share and sit over 50% below their 52 week high. With 400 mil in annual revenues they still have a chance but could end up like Circuit City, Borders amongst others who do not adapt to a changing market.
LOL
I'm sure it will fluctuate with AD sales and can only project anticipated sales. If they follow the DT contract, there will be a guaranteed minimum payment back to HOST.
In addition, HOST has huge leverage, I would think that Tivus will concede margins to gain greater foothold and credibility in the market through Host.
No worries.
D
Not saying they sold at .02 rather if they did.
Actually, VERT MM is one of the primary sellers of the convertibles as is MAXM and on occassion AUTO.
Friday AM, there was a stall at .01, VERT was atop the ASK at .01 showing 5k for sale (but they often have millions). They stayed there for an extended period and dumped into the bid on occassion, let it recover to .01 then would dump again. With the buying volume increasing they pulled back to ~.02 then later in the day pulled way back. Now sitting at .08. At least some of the converts sold Friday between .008 and .01
When they sell affects the current s/p.
When they convert affects the current share count. This is the main problem. Keep the s/p higher then they have to convert at higher prices.
D