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Do you guys remember when Shivus used to say slogans like "bring it on" when he was referring to shareholders calling him a fraud? Remember him threatening to sue us?
Well, I say "bring it on Shiva"! I sincerely hope that the SEC is actually investigating you.
And eventually the spin cycle starts again. Reverse merger with the manure company...new ticker symbol...new share dillution...sound familiar?
If not, do some DD on Max Wi-fi which was the company before Tivus that Shiva reverse mergered into Tivus...
How do these crooks get away with this? Is it legal, is illegal...don't know the answer.
My favorite part is.... One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns.
Got to love the Shivus!!!! The red flags were there over 2 years ago, but we were all blinded by greed.
Read that PR closely! Everything he says has a "coming soon" feeling to it, doesn't it?
I doubt it. I also doubt I'm the only one that filed a complaint.
I can tell you for a fact that Truckenmiller never joined because when I spoke to Shivus way back, he said that he was "soon" going to join and that was after the announcement. I believe it had something to do with finalizing the Philly contract and I think we both know what happened to that contract. Think about it for a second...3 billion shares at 0.0001 (and probably less than 0.0001 bc Shivus was selling them at a discount) is at best $300,000. What kind of business can you run with $300k? Pay Truckenmiller and all the others including the idiot himself, pay for the tvs and installations??? This company needed to be capitalized with at least $5mm to have a chance at succeeding. Shivus managed to suck out about $5mm over 3 years. The question is, where did that $5mm go? If you're wondering where I got the $5mm from...I got it from the latest balance sheet (accumulated losses and paid in capital).
Think about this...everytime one of you asked about the status of Philly, Shivus said it was in their hands. What kind of answer is that? He paid for the installation and never got paid for it???
Waggett was one of the few that went to see the system in Philly and funny enough is nowhere to be found for months.
Truckenmiller was never involved with Tivus. Shivus announcing Truckenmiller as a new arrival was a blatant lie. I remember confronting Shivus about this and he told me that Truckemiller would "soon" join Tivus.
I think it's safe to say that this thing was a scam from day 1. All PRs were all about promisses that were coming "soon". Omaha, Philly...and of course the latest India contracts.
The thing that has me scratching my head is that a few people on this message board said they visited the Philly Marriott and saw the system. I personally didn't go see it, but spoke to the hotel manager who confirmed the system was installed. So my question is, if Tivus actually installed a product, is it possible that this wasn't a scam, but simply an idiot 1 man show CEO that did free installs with the hope of getting the recognition and eventually get some kind of big partner?
I also pointed out that Shiva was a crook and got banned for about a month. As soon as I spoke to that guy (Shivus)for 5 min.he phone, I knew he was full of BS, but kept my lottery ticket nonetheless. I guess I could only blame myself. I did put in a formal complaint with the SEC a couple of months ago. I will get alot of pleasure if Shivus gets investigated.
Nice find! Now we can safely conclude that the 2 billion share dump probably funded his manure venture. I guess in a way I have to congratulate him. He came to this country and found a creative way to put food on his table and live the American dream.
Bravo Shivus!
SeeYa, even tried to entice him to take a truck load of money that I was willing to "invest" but got no response to my message. Either he didn't take the bait or he skipped town (just my guess). As I previously mentioned, I sent the SEC a formal complaint and they never even acknowledged receipt of my complaint. Probably a complete waste of time, but it made me feel better nonetheless.
Lol? Do you disagree with the fact that everything Shivus has ever said never materialized?
Not sure what you mean about control f and the pdf, but here are some facts hard to deny.
1) Shivus announced a contract at the Philly Marriott - where's the contract?
2) Shivus announced contracts in India - where are the contracts?
3) Shivus announced an install at the Doubletree Omaha - contract fell through and never mentioned again.
I don't have proof, but I'm pretty sure this conmpany never generated any revenues and I don't consider the $63k Shivus showed in 1 financial statement as revenues, because those were not actual sales. The $63k was work in progress at the Doubletree that was never billed and collected.
Here's one last fact: Anything Shivus ever said in a PR or a conference call never happened.
Shivus skipping town was step 4. I really really really hope the SEC goes after him.
I suspect we will never see another PR or financials again. Keep in mind, Shivus announced a fresh batch of contracts in India over 3 months ago, but of course no details. I did file an official complaint to the SEC for misleading PRs over an over again, however never received a response from the SEC. I wonder if anyone has communicated with Shivus himself in the last couple of months. Omaha...Philly Marriott...India Contracts...LOL!
p.s. I haven't posted in a while because someone banned me from this message board...ban was lifted today.
SeeYa, FYI I filed an official complaint on Shivus with the S.E.C. Let's see if they even respond.
SeeYa, good to see you here. Did you also get banned from the Tivus message board? I guess those dumb cheerleaders got tired of our pessimism. I don't see how Lodgenet survives with the continuous huge losses, but if banks continue to lend money to them, maybe there's more than meets the eye.
sounds like you are pretty confident that we have seen rock bottom and it's going to go up from here.
I recall the same sentiment 3 months ago (not necessarily from you) when we were sitting at 0.015. 3 months later, we are down 67%.
FYI, they spent $6.6mm in advertising through September 2012. I guess that does not apply to the cost of selling your product either...
consulting contacts, derivatives, financing costs, blah blah...
continuously losing money...balance sheet suggests the company is insolvent and yet they feel that they deserve bonuses. You don't have to break your head here. Just pull a chart of the PPS for the last 3 years. I think that says it all. And if you think that this company has hit rock bottom and is on its way up, I think that is wishful thinking. After the PPS goes to $3 with a R/S, it won't be long before it reaches pennies again. That's what these companies do. They use our money to pay themselves salaries and bonuses and don't care abour shareholder value.
If a company is spending $2 to sell $1 of product, continuously losing money and paying bonuses to management based on a growth formula that does not consider bottom line, how long do you think it will be before an inevitable bankruptcy? This company's only chance is a buy-out. The company is border-line insolvent and continues to pay bonuses. What a joke! R/S is not the solution. R/S is a temporary solution to sell more shares and solve cash flow problem for the very very short term.
It's really too bad we fell into a scam. The idea is good and the market is there. Lodgenet will go bankrupt in the next few weeks...who will rule this market???
I'm sure Shivus will get right on it. He probably hired a middle school student to prepare financials.
Shiva, you make me sick, you thief!
Just spoke to Shiva. He is offering free pilates classes for all disgruntled shareholders.
LOL, Shivus you're a scum bag! India contracts, Philly contract, BOD...
In the words of the Shivus "soon my friend...Tivus has accomplished so much for a penney stock"
What a crook!
What's that??? Is that Wagget???
Since you claim to know more, please update the rest of us on the following:
1) Host 5 year multi million dollar contract
2) Omaha Double Tree
3) BOD
4) India contract(s)
The only thing I claim to know, is that I know nothing. I know nothing because our CEO claims things that never happen. If they never happen, it must be because they never were.
Mr Spock, I want Shivus to go to jail. I have no financial interest in Tivus tanking. I have already accepted that my money is gone.
Dear Mr. Prakask, you are this biggest idiot in the world giving a free install at the Philly Marriott with no patent on your product.
Lodgenet 1 - Shivus 0
http://finance.yahoo.com/news/lodgenet-certified-marriotts-property-internet-173000505.html
LOSER!!!!!!!!!!!!!!!!!
Jugas, I have called the hotel and they confirmed that they do have a Tivus system...so what? Where's the money for it? I don't know about you, but when I provide a service, I expect to get paid. And if I don't, I'll take necessary measures to collect. Has Shivus updated his shareholders on the status of this contract after he publicly announced that he had a contract? No he did not. That's what makes him a con or just the biggest idiot ever that provides services for free.
You want to sit here and defend this idiot and/or thief when HE and HE ONLY is responsable for a 99.9% PPS decline? Comon' man!
so you're saying there's a chance, lol.
Perhaps Spock can explain your questions. Or, perhaps Shivus could add some content on his shivus website under FAQs answering your questions.
Or perhaps someone can get in touch with Wagget, the best damn cheerleader to ever exist so that he can answer your questions.
And who are you? Just someone that came along the ride less than 6 months ago. Do your own DD before you talk. When a CEO publicly announces a 5 year multi million dollar contract 2 years ago and never says another word about it (publicly), that is a SCAM my friend. Period!
I have to agree. That was awesome. I kept picturing this guy in a pilates class and was pissing my pants. I think I'm going to pick up jogging (or is it pronounced yogging)?
Hate to tell you, but Shiva did a free install at the Marriott hoping they would give him more hotels and then he took it in the tail pipe taking our money down the drain with him. (and he had the balls to say he had a multi million dollar 5 year contract)
BOD, Truckenmiller...Negative
India Contracts...LMFAO
Puerto Rico...LMFAO
I wonder why nobody has called him to blast him. Didn't he miss a bunch of more deadlines (i.e. India installation underway...)
Please tell me I'm not crazy to claim that this whole thing has been a scam from day one. Does anyone believe this arse clown is actually running a legit company? Didn't he play his violin at a conference call over a year and a half ago and this year again promissing to deliver a fortune 500 company? What a joker! I don't even care about my money anymore. I just wish this guy would do just 6 months of prison so he can get a little abused and have nighmares for next 5 to 7 years.
I just can't believe scum bags like Shiva could legaly get away with PRing lies. How many people dropped hard earned money because that arse-clown PRd a 5 year multi million dollar contract with Host? Now he actually has the balls to talk about contracts in India to divert our attention from the Host hoax?
Somebody please report this clown to the SEC. I would, but I don't know how to go about it.
He also PRd a 5 year multi million dollar contract with Host over a year ago. That's why I call him a clown and that's why I say he is guilty until proven innocent. I can't believe you are still giving him the benefit of the doubt.
PPS is down 99.9% and none of his promisses ever came to life. What else do you need to be a non-believer?
That part confuses me as well. Why would these guys even associate themselves with this clown Shiva? I can't figure it out. What is a fact though is that the Marriotts (Doug and Phil) came and went and Truckenmiller never arrived.
Shiva is guilty until proven innocent. No more BS "coming soon" PRs will ever help him. Show me the contracts Shiva. Why am I even asking when there is a 99% chance this is a scam and he is a fraud? I guess I would like to hang on to that 1% chance that I'm wrong about him.
First of all, Drunkenmiller never joined Tivus. Shiva told me that he would "soon" join. When I hear "soon", it means it's not happening (based on historical trends alone).
Second, Lnet just PRd that they installed a similar product that Tivus claims to have exclusivity on (lnet is up 80% in the last couple of weeks), and a few months ago, Roomlinx (Rmlx) announced a 70,000 room installation of the same product.
Finally, Tivus has flirted with the idea of having a 1,400 room 5 year multi million dollar contract (over a year ago) that never materialized and the best part is Shiva keeps saying that the ball is in Host's court. Now I'm supposed to belive that he has an installation in India? Common Shiva!!!! You have been exposed Sir!
well said. I agree.