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please tell me you are being sarcastic about the nice volume...
please tell me that I am not crazy for thinking this is a complete scam. JPR, SeeYa....help me out here.
Wake up people. One word...SCAM!!!!! SHIVA = FRAUD!!!!
I don't care if the late Steve Jobs joined Tivus. It's all BS anyway (all of Shiva's PRs). Shiva, the only thing I have left to hear from you is contracts with dollar values and details backed up by audited statements. The probabilities of that happening are 10000:1, which is why we are sitting at 0.0001 with no bid. I rest my case. Shiva, you have been exposed for the fraud that you are.
Guys, please consider the following: Stop buying shares at 0.0001 and let this thief dig his own grave. He has scammed us from day 1. It's time to stop this ATM machine he thinks he has at his own disposal.
Shiva, no more money for you until you put to bed the things you claimed to have already finalized.
Host: Where's the contract you announced over a year ago?
India contract: what is the split between the JV partners? Contract amount...details...
In my eyes, you are guilty until proven innocent and not the other way around!
Stop funding this crook!!!!!!!!!!
They are stealing our money. Pure and simple. If all the "coming soon" PRs weren't big enough red flags for everyone here, then I don't know what is. I admit, I got conned.
Shiva, what's the status on the following:
1) Host contract
2) Puerto Rico operations (this was my favorite)
3) uplisting
4) details on India contract and joint venture partner
5) Board of Directors
I think I know the answer to all of these: "SOON"!!!
Shiva, you are a thief and you will get what you deserve.
Like I previously mentioned...do you think it is a coincidence that he did not share details about the joint venture with the India partner? For all you know, India has a 99% participation in the JV.
My TD account shows it at zero (down 100%)
So much for rock bottom. I guess there is 0.00009 after 0.0001? Shiva just said "now you see it, now you don't" about our money and shares.
?????? The last trade of 40mm shares is showing at $0 (down 100%)
JPR, I respect you because you have way more invested here than most of us, but regarding his BS 60 day notice from August 21st, sorry but that is where I apply guilty until proven innocent, because he said 60 to 90 days back in February. That's the problem I have. Deadlines come and go (deadlines that he announces) and not only is not kept accountable for, but he doesn't even acknowledge the deadline misses. How does he have the balls to announce global expansion (with zero details) and not PR the status of Host? How does he justify spending X amount of our dollars installing 1,400 rooms in Philly, not getting paid, not disclosing anything in the financials and not keeping us (that paid for the installation) in the loop?
These are the reasons I say guilty until proven innocent, and yes I'm just speculating, because that's all I have.
A transparent CEO would have said a 50/50 JV, or 70/30 or whatever it may be, but Shiva chose not to disclose that information. Pretty relevant detail, wouldn't you say? And IF in fact he has a "contract" to install 10 hotels (he claims it's Tivus' 1st contract), then why not disclose the details of the contract? Again, he chose not to disclose anything. This is not a stupid CEO with a lack of communication skills as some like to believe. This is a man that purposely chooses to be obscure, which leads me to believe (my opinion) that he is a fraud. In my book (my opinion only), Shiva is guilty until proven innocent and not the other way around. His BS 5 year multi million dollar contract with Host announcement is all the proof I need to declare him guilty until proven innocent.
"Tivus USA, through a joint venture with Tivus Smartv India Pvt Ltd (TSIL), has been working with NLL for the last year negotiating this contract. TSIL will provide financing for installation in the 10 hotels served under this contract."
For all we know Tivus USA is not the shareholder of Tivus India, in which case, guess who profits: The Shiva and his Indian partners.
Agreed. That's what I'm doing...waiting and hoping.
Did anyone notice that TSIL (Tivus India the JV partner of Tivus USA) will provide financing for the 10 hotel installation according to Shiva's August 28 PR?
Question: How much do you all think an installation like this would cost? At least a couple of million dollars? Where the hell is Shiva going to come up with $2mm? At 0.0001, that's 20 billion shares and that's not even counting overhead (Shiva's vacation money and salary).
Thanks for the tip Nicky, but if I wanted to throw money out the window I would go put $100 on a 10 game parlay and probably have the same odds. Many here invested because Shiva said in black and white that he had signed a "5 year multi million dollar" contract with Host. That was over 1 year ago.
Retired, that makes no sense. Of course we have all been wrong about our investment based on a 99.99% decline in the PPS since last year. That is just stating the obvious. But just because we have all been wrong it doesn't mean we can't express a pessimistic view on Tivus. Yes, my views are only opinions and yes, I have no clue what Shiva is doing behind the scenes. The only thing I as a shareholder can critisize is results and results only. A shareholder piggy backs on a public company to take part in profits generated. That is the whole idea of investing in a public company. I don't know what Shiva is doing, but I do know 2 things:
1) He (Shiva) announced a 5 year multi million dollar contract with Host that is nowhere to be found and the CEO refuses to publicly state what the status of this contract is.
2) The company is still not generating cashflow from operations and the evidence is in the 500mm share dumps by Shiva.
Conclusion: It's been 2 years and Shiva has spent $10mm developing his "product". The million dollar question is, will he ever sell his product?
I guess I couldn't stay away.
JPR, obviously I have no proof. Part of me obviously hopes that I'm wrong and this will eventually turn into a 10 bagger. My pessimism is only frustration. I have no motives behind it. One thing we can not disagree on is that 1 year after Shiva announced a 5 year multi million dollar contract with Host, we still have nothing. Give me this at least.
reason # 75 that Shiva is a liar: Someone asked him what that 500mm share dump was all about the other day and Shiva claimed that he had no clue and that he was just as upset.
Comon' man! We can't even trade 3mm shares on the open market. When you see 500mm at once, it is obviously Shiva taking a dump on us. Read the financials! All operations are funded by selling discounted shares. It's very simple. Shiva sells at a 50% discount to wholesalers who in turn dump to us at the bid price, however our bid price (i.e. 0.0001 is still higher than what the wholesalers paid). Shiva wins, wholesalers win and guess who loses.
Since you are an accountant, why don't you tell me where the 1,400 room installation costs for the Philly Marriott appear in the statements.
JPR, you are not an idiot. Shiva is purposely being non-transparent, because he is a fraud. It's not a coincidence. He PRs a Joint Venture with Tivus India and fails to mention who the shareholder of this new JV partner is. You think that is a coincidence? He gets caught lying about a contract with Host (yes he said he had a contract over a year ago) and then tries to divert our attention to Puerto Rico and then India. Coincidence?
He has another failed venture with Omaha and never says a peep...coincidence? He implyies he has a dream team and then PRs a "coming soon" statement when he was clearly supposed to be annoucing the dream team...coincidence?
Too many coincidences for me to believe this guy is an honest man, but just incompetent. I think he is simply a fraud. If you are still not convinced, just think back at the ridiculous financial statements he released and when confronted, he said via twitter "oops my bad". Another coincidence? Whatever happened to Audited financials?
I'll make a bet with anyone here, that 1 year from now, nothing has changed and we will all be wondering whatever happen to the Host and India contracts...
There are no revenues. The only recorded revenues were the installation costs recorded for Omaha (installation in progress of $463k), which Tivus has obviously not even collected.
Shiva, I'm so happy you have been exposed as a scam artist. No matter what you PR, you will never be able to fool anyone again. The only thing left for you to do, is publish AUDITED financial statements showing revenues. Good luck getting an auditor to sign off on that. You are a big joke my friend, and I hope one day you face the music of breaking the law.
your friend always, KS.
silly rabbit...he didn't know who sold the half billion shares? Wow!!! just like the board will "soon" be announced...just like Philly contract will "soon" be announced, just like details of the joint venture partner for the India contract(s) and contracts specifics will "soon" be announced.
Silly rabbit!
Silly Rabbit, tricks are for kids!
NickyBob to the rescue. I feel so much better now that you have confirmed that this will pop. The question is how "soon"?
Just imagine that about a year ago, the PPS was at 10 cents and we had less than 100mm of outstanding shares.
Shiva, you are a zero!
By the way, if this clown had the balls to create this new company "Tivus India" or whatever it's called and he is the sole shareholder, that would be illegal funneling of funds outside the country. I would love to know who owns this "new co", but once again, the clown gives no details.
SeeYa, I know I said I wouldn't post anymore, but I couldn't help myself. Shiva is the biggest clown ever! What do we care about the steps he has to take? $0 sales, $0 firm contracts and 6 billion shares. That's all that counts. I can't believe this moron has the balls to brag about what he has accomplished. The insurance is in place in order to attract talent? What kind of BS is that? There is no team! If there was, it would have been announced. Instead he says that we will "soon" announce. What a jackass!!!
One last thing, BS that he didn't know who dumped 700mm shares yesterday!!! Nobody on the open market bought 700mm shares yesterday. That was jackass selling 50% discounted shares again (0.00005). 700mm shares for $35,000. What a champ!
This will be my last post on I-Hub. Some of you I'm sure will be glad. One thing is for sure. If we pessimists, doomsdayers, bashers (call us what you want) continue to post negative comments, even somewhat good news will discourage new investors from joining the party. I guess it might be better not to say anything if we don't have something nice to say. Good luck to everyone. I hope I am wrong about every negative comment I have made and that the 10 new hotels are just the beginning of a new prosperous era for Tivus and us shareholders. GLTA.
Tell him to come say hi. I think I need a good laugh, so I will go back and read some of his cheerleading posts of the past.
SeeYa, the way I see it is there are 2 scenarios:
1) Shiva is a con artist and the India "contract" will benefit the JV partner only, therefore only his own pocket. Philly and Omaha are both busts and we are not even collecting what we spent for the installs and basically Tivus is bankrupt.
2) There is a logical explanation for Philly not being finalized and the India JV is a 50/50. The partner will finance the installations, but Tivus will still get 50% of the profits. Philly gets finalized in the next couple of weeks, contract details are announced and the PPS goes to 0.002 and we are all praising Shiva as a genious.
Which option do you feel is more likely? Judging from the current PPS, I'm guessing most people here think option 1 is more likely.
p.s. wher's Waggett, LMAO!
What happened here? Why is everyone freaking out? Ok, so we have "10 new hotels", but we don't have details on the JV partner.
Why the complete panick all of a sudden? Did I miss something?
So let me get this straight. It appears that our friend Shiva has started a new company (the JV partner) that will be Tivus' partner in this 10 hotel deal and for all we know, the new Co could have a 99% participation in the JV, in which case we the shareholders would get 1%. I'm not saying that's the case, but why wouldn't Shiva just say 50/50 JV in his PR?
Today's news should have been tremendous. 10 new hotels compared to the 1 that we knew about up until this morning that we didn't even get paid for? The lack of details (dollar value and JV partner) killed any possible momentum, and I firmly believe that Shiva purposely excluded those details.
I did buy RMLX back in March on that PR. I think I bought in at $4 and actually took a loss when I sold it a couple of weeks later. I no longer own RMLX. I sold most my Tivu shares as well, but still hold 3mm shares. I know it's not much compared to some that have 50mm shares, but I guess I'm a little bitter about Shiva's BS and if I can help newbies from making the same mistakes we did, maybe that makes me feel a little better. No other hidden agenda.
You are correct, but doesn't executed mean signed? I guess maybe it could mean drafted but not yet signed...
I could live with the 6 billion. In fact I actually encourage it, as long as that money will be used to increase the company's value in the future.
For example, if those 3 billion new shares were used to finance installations that would get us market share and revenues and eventually profit, then I would be all for it.
But if those 3 billion shares will be used for Shiva to vacation on our buck and then funnel contracts and revenues (if they actually exist) in newly created JV parners, then I'm not supportive.
If Shiva PRed this new contract with no details on dollar value and no details on the JV partner, I promise you, THAT WAS NO COINCIDENCE!!!
Even he can't be that retarded to forget to include those kinds of details.
The only good news is that until we reach 6 billion O/S (I figure we are ok for another 6 months), the PPS can not go any lower than 0.0001
Did Shiva say or not say that he had a signed contract with Host last year? It's nice to be hopefull, but today's action says it all. I'm not the only one here that no longer believes that man. If you and every other cheerleader did believe him, today's news of 10 hotel installs should have sent the PPS to 0.002 (1000% gain) and we would all be cheering Shiva on.
I rest my case.
So buy some shares at 0.0003 and prove to us that you believe these news are worthy.
It is very possible. Unfortunately some are worried that this new JV partner will milk all the money away from Tivus. If Shiva creates a new Co that controls 99% of the JV, what do you think that would leave Tivus?