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I suggest everyone actually look through the documents for Tivus. There is only one reference. I am no legal expert nor an investment expert (otherwise I wouldnt be here)but before we continue to have this toxic meltdown take a breath and hit ctrl+F in the pdf and type in "Tivus" then hit enter. Just a thought although I know most of you will berate me for talking any sense at all......
I'm not defending or saying this thing is still afloat but I do dislike rumors and appreciate facts.
Happy New Year!
I, as well as many others, agree with you Jugas. Unfortunately all reason has left the building, especially on this board. There may be some questionable practices as far as communication goes, but the allegations of wrong doing have no basis in my own opinion. I am sure you or I will be attacked for saying level headed things, I have before. However I still remain hopeful for the future of Tivus.
Scottrade shows a bid.....
For someone who didn't listen you sound like you are well versed in what went on.......
No, there were people talking over Shiva, people had their kids screaming in the background, someone was giving someone else directions, and it was a $&it show in my opinion as far as the Q&A portion. BUT people did get to ask questions and he answered them. It was pretty simple.
I did not take the time to go that far in to it today, but yes I remember seeing that when they were released.
Receivables are recognized as revenue. This is in accordance with GAAP. Everyone that follows the accrual basis of accounting does so.
Many unaudited financial statements are released every day. The costs of an audit can be staggering especially for a company that is concentrated on getting going. If this was my business it would be the last of my worries.
For the record no one called anyone an idiot. Take it easy.
All IMHO.
It is not abnormal to have "condensed" (using that word liberally) financial statements. These are not for the bank these are filings and I imagine are to the point of bare necessity as far as disclosure.
Not in regards to yourself, but people need to relax and lay off. Someone can't even have a civil post around here anymore without getting jumped on. I am a share holder. I am not an apologist for anyone, I was just answering someones question. You all are crazy, and no one was calling anyone an idiot.
For all the big talk around here no one was talking during the CC, just sayin...
ANYTHING AND EVERYTHING I SAY IS EITHER MY OBSERVATION OR MY OPINION.
and 62,268 for the first quarter. Of course no one looks at this. They just want to scream conspiracy. Just sayin....
From what I see there was revenue of 85,441 during the second quarter. But what do I know, I'm just an accountant.....
Just got to listen to the CC. I would feel better if they would release some of this stuff. But I can understand not doing it. Everything that was explained, when done so in a logical manner, makes sense. Go TiVUS!!!!!
That's weird. That's what the old website used to look like.....
Im sorry dude, but the whole "throw yourself in the garbage" bit had me cracking up.
I know it probably wasn't that funny to you, but I had a good laugh. GLTY
OK man. I apologize if I mis-read your statement from earlier today about the debt. You have to understand my skepticism at this point which I imagine many of us do. Time will tell....
My point is that Jsteel said that the debt was magically converted into equity per his conversation with SP. This obviously wasn't true.
I do see the Income as a positive just as I did for last quarter.
Jsteel where is that debt to equity coversion?...........
Yea, I don't know what to think around here anymore. It's gotten down right nasty, which I can understand. But being in a position that I am, one can only just sit and wait to see what happens I guess.
Are you talking about the volume? I just saw that.
Sorry I was being sarcastic. Doesn't always come through electronically I guess.
The problem is that this guy, like any CPA, disclaimed the data stating that they are unaudited. I always say garbage in garbage out. If I have a client give me crap numbers and I ask them if they are legitimate, I have to go by what they say short of an audit. It's not the guys fault that they look bad, I am sure he was given the numbers and did what he could with them. Just my take as an accountant.
Yea but the guy "kid" lives in a $240,000 condo. He must be doing something right......
There is a WIP Asset account listed on the balance sheet. You misstated the Revenues were expenses, I was just correcting that. Essentially we are stating the same things, aside from the fact that you are seeing the revenue as a negative and I am being more cautious as to what is behind the number.
OK, I'm an Accountant by trade. With that said, what Kaiser Roll or whatever his name is keeps saying about the revenue is WRONG. The WIP or work in progress is listed in the asset section of the balance sheet. Which it should be. The revenues of 463,148 is listed as such on the P&L. That's not to say that these are not estimates that are related to WIP which is accepted by GAAP. It is hard to tell with such lack of detail with the financial statements.
Sorry but I had to correct that.
My question is, if we had revenue last year WHY THE HECK DIDN'T WE SCREAM ABOUT IT!!!
I think it is so funny how this board can be so busy when everyone that hates on this company and Shiva is fired up, but when something of a positive comes out there isn't hardly a soul around. I'll remain in the background once again and see how my handful of shares do here.
Tivus currently has only two customers:
• Westboy, LLC which owns the Doubletree Hotel & Executive Meeting
Center in Omaha, Nebraska
• Host Hotels & Resorts, Inc. which operates a hotel in downtown
Philadelphia – in Trial
Don't get me wrong, I am hanging in there. But after a year of waiting for "the" contract, the next big news release and the good financials really wears on a guy.
Nevertheless here I sit and wait simple because I have no other option. I'm in it to WIN IT. hah. Have a great holiday weekend everyone.
Anyone else showing all zeros?? WTH
Thanks, I appreciate the warning. I found out the hard way about a while ago unfortunately. But I only put in what I can afford to lose so I was still able to put food on the table that week. I have a few shares of PWTC and have watched it drop out of sight that is why I asked. Your theory makes sense. Thanks again.
Im just wondering after months of inactivity why all of the sudden there seems to be some movement? Anyone have any ideas?
There must be a glitch because it is showing a # symbol after "TIVU". It shows up everywhere else. Who knows.....
I am long in TIVU and for some reason my ST says N/A for the data. the only thing that is in numeric is my value amount? Im not saying this is bad or good just saying that I am having the same issue.
So if someone else picks up this shell do our shares still stand? Just wondering since I am holding a few with 0 in value.....
They posted a link to IHub on their Facebook page. I don't know if thats a good or a bad thing...GLTYA
Ill bet they had to submit the same for the 2nd Q and he pulled the old letter up but forgot to change it!
Late 3rd Qtr Filing? Are you kidding me?
http://www.otcmarkets.com/financialReportViewer?id=65221
The Company could not timely complete the third fiscal quarter 2011 financial report without unreasonable effort and expense. Upon acceptance by OTC Markets, this notice serves to maintain TiVUS’ Full PS Status rating during that time.
This was just posted 30 mins ago on Facebook! Some good news at least
http://www.otcmarkets.com/financialReportViewer?id=64210
I know I know, it just seemed like the past few weeks it has been booming right out of the gates.
No volume yet?
Thanks for the share. I've been sitting back and watching the board here in the past few weeks. Amazing some of the things that have been thrown around and its all conjecture!! Don't get me wrong, I would like to have some PR just like the next guy, but to keep slamming and drumming up negative ideas does nothing to help shareholders. Thanks for your continued levelheadedness here.
Well I can't say who pays them but there are deff. some promoters around here.
Thanks. I want to say as a new guy I appreciate when others help out with info. I appreciate you and others taking the time.
So I am new to L2 and I am wondering what is up with all of the 50 share bids? Can anyone enlighten me? TIA
Somebody has to blink eventually here....