Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
There is no catalyst for a gap up here. Company is silent and financials are late. This will continue a moderate trickle down until the company corresponds again.
Six months past that without telling you the investors anything. They are hiding behind a gagged TA and diluting/dumping all kinds of shares on every pop from worthless PR's to swindle people here.
Still bloody red at .0043 on TD Ameritrade trader app...
Plan of Operation
"As of January 31, 2017 we had a working capital deficiency of $2,603,226, have not generated revenue, and have an accumulated deficit of $5,732,298.
Our auditors have issued a going concern opinion. This means that our auditors believe there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated any revenues or profits."
This is a copy and paste from their most current 10-Q. How am I lying?
See for yourself, the DD is right here:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11982551
This may be one of the huge reasons so many people are dumping and the volume is dying off here.
I happen to remember statements in the last filing that specifically say that the company will likely not continue to be in business long since they have no revenue to pay bills. Is that overcome in the last month with a few subscribers?
This is an honest question and since they are already streaming the content, it means they already owe a lot of money. The 118 subs won't cover 1/10000 of the cost so how are they going to pay those bills? Future revenue plans don't pay bills now. Are they taking on debt and offering more convertible notes to the content providers? Did they have a round of funding? Are they diluting? Honestly how can they continue at this pace?
Honest question here: how is this company paying the licensing and royalty fees for all of these channels when they only have 118 users paying $35 each for one month?
OTC stocks have an average hold time of less than 24 hours. Shortsightedness makes you money here. Dreams and irrational expectations makes you a bagholder in this game.
Was the endless dumping into the bid today another set of share printing from the company, toxic conversions, or the longs taking their cash elsewhere? Thoughts?
Actually people sold for less than a half a penny today because there is no inherent value in a company that is simply reselling other company's products. The other company mentioned has original content, trades on the big boards, has audited financials and like 10 billion a year in revenue and growing every day. Oh yeah and is a household name. This is a stinky pinky with a yield sign and twitter promises and a corporate headquarter in a queens apartment.
Tweet last time was very soon I believe... it means nothing
Timber? Maybe the company should put a pr out to reinflate PPS for another few hours.
Is this trying to fill a subpenny gap?
Sorry been playing golf all day! Where's the PPS right now, is it up? Thought it would be green today... why is everyone dumping?
So just another example of viva bringing nothing to the table and just using other people's services? Am I reading this wrong?
This is not news. This is a blogger posting opinions. A blogger that is likely an investor here. These statements are not put out by the company. Why is this stickied?
Volume will fade without financials and company putting out real news. I say we see 3's again by EOD Friday without something substantial.
I haven't been posting here in a while, but I am still confident, still locked and loaded, and excited to see what comes next! I hope we get news or ticker change this month.
The 66% drop from highs after that failed deadline proved otherwise. I believe this hit 32 after reaching 9's. To me that is a retrace based on missed expectations.
If it's on twitter it must be true! The company also stated that there were 400 T-Mobile stores in Puerto Rico, but real DD proved there was about 30.
Has anybody seen any paid promotion of this ticker yet today like there was yesterday? It seemed to move the PPS some yesterday with PPC pumping It up.
Because they haven't paid for followers. It is clear that viva has paid for their followers. Which means viva is willing to break the rules. Bad sign.
Mark Cuban likely has never heard of VIVA or OTTV , and probably never will. He is busy looking at working with real companies.
It's been a week since they were supposed to be done which is what I stated. I'm not sure where the 3 weeks comes into play. The fact is that the company is too busy trying to artificially inflate the PPS for their toxic debt holders to actually work on their product.
The "company" is too busy tweeting pumps to contact OTC markets to update their primary business strategy, release financials, get their credit card processing working, ungag the TA, and many other things.
Apparently this is still a "drilling and oil wells company". Do we have any idea what we are buying here?
Link for DD
http://www.otcmarkets.com/stock/OTTV/profile
Is the home office of this "mega company" still a tiny apartment in Jamaica NY, or do they now have a corporate office? Sounds like a one man show, not a real company to me.
Is the TA still gagged?
I was just doing some math here and since there is about 100 subscribers at $35 a month, this company has $3500 a month in revenue coming in as of this month. They are gaining about 5 subscribers a day which appears to be slowing down now that all the investors here have purchased, so how exactly does that make this an MC of $4mil? Or is it $10mil now? Or $100mil? That's right we don't know the answer to that because we aren't allowed to know how many shares there are in the company....
Maybe we will see the same old PR again today for a 3rd or 4th time? That might pop the PPS enough for some folks to get out!
Where are the movies that were supposed to be included last week?
Still no financials released? What are they hiding?
After yesterday's MM trap we should see some massive dumping today. I'm guessing all gains from yesterday will be gone by lunch time. There is no news as folks predicted with their 911 talk, and nothing concrete from the company. Still haven't seen credit cards go live which is a simple process that a high school kid could complete. Only twitter and iHub pump. Bad signs here.
This is simply an opinion can you please show proof that news is coming? Even better if you know it is coming can you tell us what it is?
Can you please post links to the evidence that all debt was converted and already traded? Most on here say conversion cannot happen unless current with filings. So what is it? Can't have it both ways.
Dead cat bounce? What is this?
Anybody else concerned about the convertible dumpfest that will follow going current? If you are buying in hopes of financials coming out, why? They won't show revenue and they will only allow the dumping to continue... I'm not sure what the mentality in buying this right now is. Why would you buy on the top of a mini pump run?
What he is NOT talking about is VIVA or OTTV! This is what I was talking about before. It is fake news to pump up PPS, and this board is notorious for it.
Will accepting credit cards cause the financials to come out? Will the credit cards make the share structure known to investors? Aren't they already accepting credit cards via PayPal? Why did it take so long to have a credit card processor get hooked up? I can build a simple cart site in 15 minutes and have immediate card processing, this doesn't seem like an efficient company to me.
No financials yet. Stop sign will be returning soon and people will not be able to buy shares on some platforms if that happens. Volume will likely continue to dry up and lower lows will follow.
Where is the real news? Why does this stuff keep getting stickied? It sounds desperate. Desperation is usually when people want one last pop to dump their shares. Is that what is happening with OTTV or is the genuine power behind any of these moves?