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According to CEO from EMG, they are in talks but nothing official yet. I suspect that news will be coming up soon.
UNQT has run on different rumors but is back down tho its current bid is over 1 billion at every trading day. Isn't trading all about speculation? Some trades are clearly dumb but others are worth the risk if hype is what makes it run. We are here to make money right? Lol I'm giving $ITVI a chance.
Move on if you don't like this stock but don't bash other commentators.
Hey bud, check out ADCS which has double the amount of float shares and soared to .0014 on speculation recently, check out UNQT who has roughly the same amount of float shares as $ITVI has and soared to .0012. I'll bet on $ITVI even if it does only half of that.
When that happens, then I will move on to other stocks to trade but again, I see opportunity and am willing to risk it out. $ITVI is expected to announce a merger deal which has been confirmed in the talks.
There share structure might not be the best but their float is just over 2 Billion which is not that large compared to many other penny stocks. This can be over 2s for more than 10 seconds but if you don't think so, don't waste your time here lol trade something else that can make you money. Im here to make and if I break, I move on. I see potential in $ITVI and see that the company is actually starting to lookout for their shareholders.
Why was your post deleted and what did it say? Please re-post what was deleted. Thank you.
That's one thing that surprises me is the little amount of board marks. I've come across so many other message boards with stocks that are clearly scams and they have triple amount of board marks. I hope we cross over 100 and then gain traction from there.
Another good trading day for $ITVi. We touched 2s today for the first time in over 2 months. Lets see this continue and let the news come out! With a share reduction in the same press release will be this $ITVi a higher value! I finally was able to buy more shares @.0001 today thru TDA after it was lifted off the DTC Chill. Progress continues! GLTA
The DTC Chill has been lifted off $ITVI and I was able to place an order this morning on $ ITVI thru TDA! This is definitely great progress.
Why did the news that came out yesterday not listed as news on major broker's stock quote for $ITVI?
I believe a share reduction is in call next for $ITVI. I think lots of traders are holding back due to a massive share structure of over 22billion. This $ITVI will move if they reduce it by more than half and announce the plan with EMG.
It's not delusion, so why do you think it's not moving?
Y'all are lucky. I'll post a screen shot of what it's saying when I get home.
That's def possible. I'll do that tomorrow if it still doesn't work.
Great Volume today. A lot better that I thought we would have! This will be a good week for $ITVI
I just tried again and couldn't. Don't know how your loading up thru TDA. Wish I could.
Yes, it says due to "DTC Chill" or something like that. I'm sure once this starts moving, it will he lifted. I expected volume today but not a movement in price due to no news. Today's and upcoming days will be flippers volume buying and selling at 1s.
I can't trade it thru TDA tho. says it's due to chill. I own shares of $ITVI thru E*Trade broker already and had no problem buying. I wanted to buy more this morning but couldn't on TDA so I'll have to just wait for more $$$ on E*Trade.
Could news break during this trading day? MMs may be keeping it hush hush til then... IMO $ITVI
I didn't think 2s would be that thin. Under 200mil. Easy Move up $ITVI
Anyone notice we are on the BB? Should increase views on this page as well as interests.
Yes, it moved with very little resistance when it went from 1 to 5. Let's see that happen again.
Even if we have light volume today, there's great opportunity for $ITVI. This deal might take a bit while to do.
Woke up early just to see if I can find a way to buy $ITVI before all the .0001s run out, that is if there's any left. TDA won't let me so I'll have to find another way to add more. 20 min til opening.
Since I will be asleep during the opening of $ITVi,I tried opening a trade for GTC on TDA account to buy more shares and it wont allow me to. It said it was due to a DTC Chill... What does that mean? I bought my other xxMil amount of shares thru E*Trade and it went thru with no problems. Anyone know how I can buy thru TDA even if its on a chill? Thx
Im hoping EMG CEO responds to our emails about the talks with $ITVI. This is very exciting if its true after reading and doing DD on EMG. This will pay off at the end if $ITVI pursues this! Excited for the trading to begin on $ITVI!
Yes iTechii, that is the day I purchased my shares and have added a few million more sense. Been holding strong with $ITVI speculating on big progress. Money isn't made overnight so only the ones holding it out have a better chance of a successful return on. $ITVI has improved its reduction in debt and continues to make progress in growth.
I noticed news came out last moth about ITVI possibly acquiring Executive Music Group(EMG). I challenge others on here to email EMG to see if they have been even contacted by $ITVI. This info will be great to further speculate on this stocks future price and progress. I do believe its about time $ITVI moves forward in its success. Here is the link to contact EMG. http://executivemusic.com/contact-us/
Please post replies from EMG on this message board.
Still holding $ITVI tho I have become silent on this board. Looking for volume and activity to pick up in the next few weeks as well as price change. News is expected in the next 4 weeks.
I do strongly believe that it is in fact on the chill list but that won't stop it from making a move when it's ready to. Also, they could began the process of lifting the chill like UN*T has done recently. I have hope in the stock and looking forward to a positive quarter soon.
The bid is very thin tho I believe market makers are hiding the actual bid. The ask which is the 2 has over 200 mil available to buy.
President of ITVI Mr. Bryan: "we may finally be in a position to post a quarterly net income for the first time in our history within the next 2-3 quarters, and thus begin to turn around the direction of our accumulated deficit." stated in a PR on June 5th 2014.
Just with this news, I am happy to hold shares. Bryan has halted his compensation since July of 2013 saving the company money to help lower the deficit and get closer to a positive growth.
We shall see in a few hours how this week begins for ITVI. A secondary PR will definitely help!
Though its pure speculation, the 100 share trade on the bid before close was a message to the MMs for more shares on the bid. Could mean activity for Monday. News hasn't hit many traders yet nor has this hit the BB. If we get activity Monday and pop onto the BB, we could sustain a rally into the news. I also expect a follow-up PR to continue interest if interest does arise. Been holding for a month now and will continue to be patient holding it.
Interact-TV Announces Financial Results From FY 2013 and Q1 FY2014; 16% Year-Over-Year Revenue Growth; Fifth Straight Quarter of Narrowing Net Loss; Management Unveils Preliminary Financial Targets and Strategies
LOS ANGELES, CA--(Marketwired - Jun 5, 2014) - Interact-TV Incorporated (OTC Pink: ITVI) (PINKSHEETS: ITVI) is pleased to release its financial results from 2013 and announce that gross revenue for the fiscal year ended December 31, 2013 has grown 16% over the year-ended December 31, 2012 ($355,146 gross revenue during 2013 vs. $304,000 during 2012).
The company is also pleased to release its Q1 FY2014 announcement that it has achieved a fifth straight quarter of narrowing its quarterly net loss, as well as being cash flow positive three out of the past five quarters.
As disclosed in its most recent quarterly disclosure statement, published through the OTC Disclosure and News Service, certain of Interact-TV's key financial indicators have been improving, as follows:
Three Months Ended December 31, 2012 (Q4 FY2012)
Net Loss (73,920)
Net Change in Cash +$409
Three Months Ended March 31, 2013 (Q1 FY2013)
Net Loss ($64,529)
Net Change in Cash +$4,581
Three Months Ended June 30, 2013 (Q2 FY2013)
Net Loss ($48,720)
Net Change in Cash +$25,328
Three Months Ended September 30, 2013 (Q3 FY2013)
Net Loss ($45,985)
Net Change in Cash ($24,103)
Three Months Ended December 31, 2013 (Q4 FY2013)
Net Loss ($39,800)
Net Change in Cash ($6,315)
Three Months Ended March 31, 2014 (Q1 FY2014)
Net Loss ($23,248)
Net Change in Cash +$1,031
While the company's accumulated deficit continues to grow, it reports a narrowing of its net loss, quarter over quarter, for six straight quarters, as well as an increase in its cash position for four of the past six quarters.
Helping with this momentum, as Interact-TV has been reporting in its quarterly and annual disclosures, is that, beginning with the month of July 2013, company President Robert Bryan has been waiving his monthly compensation, saving the company $48,000 in added liabilities per quarter.
Mr. Bryan's contract, which began in January of 2010 at a rate of $9,000 per month, currently requires the payment of $16,000 per month in exchange for his services as President and a Director of Interact, as well as President of wholly-owned subsidiary Pocket Kid Records. Until October of 2011, Mr. Bryan received shares of common stock as compensation, in lieu of cash. Since October of 2011, however, the company's obligations have not been paid in any form, instead accruing as an account payable. Currently, $315,500 is payable to Mr. Bryan, but that amount, since July of 2013, has not and will not increase, due to Mr. Bryan's waiving of this compensation.
Remarked Mr. Bryan: "The other members of the Board [of Directors] and I agreed that with the foregoing of my compensation, we may finally be in a position to post a quarterly net income for the first time in our history within the next 2-3 quarters, and thus begin to turn around the direction of our accumulated deficit."
Giving the first indications of the company's overall financial strategies, Mr. Bryan continued: "We are committed to providing greater value to our shareholders. We believe this begins with reducing expenses where possible, such as our announcement with respect to my waiving of compensation, while continuing our recent track record of steady revenues, thus allowing us to achieve positive net income and begin reversing our accumulated deficit. We intend for this to be followed by cleaning up the balance sheet, in particular the liabilities, all of which, in so doing, are designed to increase shareholder equity."
"And finally, I don't want it to be overlooked that the reason we find ourselves in this relatively healthier position in the first place -- poised on the brink of achieving a positive net income -- is because of the diligent efforts of our Board and our consultants, who have been working tirelessly on efficiently marketing artists like Dead Sara and achieving solid revenues even during these early stages, in what are especially-competitive times in an already competitive field."
About Interact-TV:
Interact-TV Incorporated, a publicly-traded Delaware corporation (OTC Pink: ITVI) (PINKSHEETS: ITVI), is a diverse entertainment company with interests in various media, including recorded music products through its wholly-owned subsidiary's subsidiary Pocket Kid Records. The company's second quarter disclosure statement, published through the OTC Disclosure and News Service, and its attendant financial statements, can both be accessed through the OTC Markets' webpage for ITVI filings, found here: www.otcmarkets.com/stock/ITVI/filings
About Pocket Kid Records:
Pocket Kid Records is an innovative new record company that concentrates on developing artists and providing an environment that attracts top talent by being supportive and less controlling of artists' respective visions and products than traditional multi-media companies. For more information visit www.PocketKidRecords.com.
finance.yahoo.com/news/interact-tv-announces-financial-results-000800261.html
Contact:
CONTACT:
For more information, please contact:
Robert Bryan
CEO
Interact-TV Incorporated
818-334-5225 x 100
No problem. Wish you luck holding this one. I personally enjoy trading stocks like these due to the percentage return possibilities. Greater risk yet greater return than holding a dividend stock.
Where on this board did this happen? I don't doubt what your saying is true about it being an organ stock but I think most of these penny stocks are. But when "sponsorship" begins, those on board early will be happy.
Get ready. VNDM just left the 2s leaving the ask at 199 MIL and the bid dropped down to just under 4 Mil. This is the first time in over a month that VNDM is no longer blocking the 2s. What this means? I don't know but I do know that it was holding buyers back. Now its time to see what happens and if it starts to move.
Betting a good week for ITVI due to gained interest. Im hoping they release some kind of a PR about their concert profits or something to tell bagholders that ITVI is still alive and active. Fridays close was no bid. Today there is about 20 MIL on the bid. The 2s are still thin but the VNDM is doing a great job of keeping traders away. GLTA