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I am in a similar boat as RAF2018.
I bought into OTTV in 2017 and actually used the product/service.
I was roped in by all the pumpers at the time (like powerbattles, who has nothing to do with this stock now) on this board and promises made by the company.
I too was recently blocked when I warned someone on twitter that company promises do not always come to fruition.
I had over a million shares before the RS. I wasn't upset about the RS. I figured it was what needed to be done to get the stock out of sub-penny land and get Viva some attention/respect. What I was upset about was all the promises of working with Comcast, presenting at NAB conferences, forming partnerships with bigger companies, etc that never came about.
This wrestling PR today was very similar to the rest of PRs like the Yello Delivery app, the Movie Studio partnership, and the Times Square Billboard that result in 2 steps back for the company.
I was constantly championing OTTV on this message board and arguing with Dirty Penny and various others who would bash the stock. They have been nothing but right and I have always been wrong from this point.
Viva use to have a great channel line up but then lost everything when TikiLive split from Omniverse. Viva had channels like NBC, CBS, FOX, ABC, USA, TNT, History, ESPN, Disney, etc... It was great, I would watch programs with my kids at their doctors appointments to keep them from touching everything.
I don't want to see OTTV/Viva fail. I still own all my shares, but I am not holding my breath, and if this stock hits .10 I'm out. Lesson learned.
I don't wish any ill will toward Johnny or OTTV. I would like him and the company to be successful.
Good Luck to all, but if anyone reading this is new to the game, please be careful when investing in OTC stocks.
P.S. - I am banned to 1 post a day on this board so I am not ignoring you if I don't respond.
I'm in the same boat, I should have sold it when it reached .04 a month ago. Would have only lost half my money on this POS.
I’ve been holding this stock since 2017 and it is hot trash. After the RS they were able to walk it down to the trips. Wish I would have sold it at .04 to make up for some of the incredible debt I have accumulated by owning this stock.
Who is saying anything about selling. This type of movement always happens after a huge run-up day.
Hahaha, this stock has done nothing over the years.
Maybe we will finally have that sponsored Superbowl party with the Brewer group that we were going to have in 2018.
Please, by all means, keep buying shares, so I can walk away with some of the money that I have currently lost over the years.
Yes to what Brophton said, that is the story of Jamn.
Getyourownshares, no disrespect, but WarMachine and Brophton have been following JAMN for years. I have been a shareholder since 2014, I even purchased the coffee numerous times on Amazon and it was sold in our local supermarkets. The coffee was good, but the company was managed so poorly that it went under. Once Brent Toevs walked away, this company had no direction. This company is defunct. There was talk about them joining another defunct company to make CBD drinks, but once again that went nowhere. I am a shareholder, and I should be happy the share price is going up, but unfortunately I know the reality of this company and this is just a pump and dump. This company has been dead for about 3 years. Bringing up old articles means nothing.
My question would be, why would Jamn see .001? Where can you buy the coffee? The Marley Family cut ties with Jamn years ago.
I have had this stock since 2014 and it is defunct. I agree with WarMachine this has got to be a pump and dump. I am just waiting to see if this gets a little higher and take less of a loss. Good Luck to everyone.
So first it was Comcast, then Verizon, when is the deal with Chuck-E-Cheese to have their OTTV service streaming in all 10 of their restaurants in the Miami Dade County.
Shame on OTTV.
Is this company still around? This stock makes my eTrade account look like a s**t show.
Absolutely! I 100% agree.
If anything Q1 will have stronger results, all of these companies they have partnered with will have complete results Q1 and Q2.
He was open the entire time about the RS. They said the board had agreed to the RS. I'm not sure why some are acting like it was behind our backs or a big secret. If you are losing money because you are shorting the stock, that is your fault, this isn't an OTC stock anymore.
Wow, do you know anything about this company?
Good luck to you. But the worst thing you can do to yourself is get excited over this company. It hasn't done anything for over 3 years and it continues to bleed money.
Yes, coins in the fountain is exactly what you would be doing. Throwing your money away. My coins are still in the fountain and OTTV hasn't thrown any coins my way or do they plan on throwing any coins our way.
Malls are dying.
Honest opinion, save your money, the so-called "Verizon Deal" that is "in the works" is just another reason for the company to-do another RS. They will say Verizon required them to do an RS just like Comcast and then nothing will come of it. I tried to believe in this company, but unfortunately, I can't back it anymore, I'm not going to sell my shares because they are worthless, but I am not going to hold my breath. The only way this stock will see .01 again is another RS and it will be 1000 for 1. I drank the Kool-Aid that so many of us did in the past, and now we just have the s**ts.
Hey TH11, I know you post the links below quite a few times, have you ever reached out to the SEC or FBI? I know long ago you were a fan of the company, I think we all were, even bullshark, because the company was promising and new. I just wanted to know if anyone has ever reported the company.
I see all this company is doing these days is promoting concerts now and if you look at the video that was posted there was a banner with Verizon on it showing them as a sponsor of the concert. That is probably the answer for the "Verizon on the Horizon" tweet, we won't have a partnership with them, our names will be on a banner with them.
The Latino market is huge but it would be nice to have the app the way that it use to be with basic cable channels. They were supposed to be back by the beginning of 4th quarter. This is some bs.
If this company actually did what it was supposed to with FlixFling, basic cable, and even the movie channels, it could potentially have been a powerhouse. JF went on that fake financial show called liquid lunch a couple of weeks ago and said that he was an early pioneer of OTTV, yet he sat on things that said were going to get done. So crazy!
I really hope this turns around but it's looking like the outcome is going to be a lot worse. Some people spent their life savings on this company (thankfully I didn't), but man it's amazing how one person can take everyone's money and live a lavish lifestyle. I see a future episode of American Greed!
What will the next RS be? 500 for 1 or 1000 for 1? Time will tell.
Dude! Where are you getting $1 million in revenues? Are you seeing something that we aren't? They are going to use a "deal" with Verizon to RS the stock again and nothing will come through. This is how things have been done for the past 2 years now.
If OTTV says we need to R/S because of a deal with Verizon then the pattern is deafening with this stock. What's the next company that we can use its name in 2021?
Viva is joining forces with defunct Toy R Us! They are requiring an R/S for this deal to go through!
FYI I only get 1 post a day. So that is my reason for silence after responses.
Oh and Mighty, usually the carrier has to pay for the channel to have on its service. So viva has to pay Newsmax to be a channel in its package. That is why you often see AMC couldn't make a deal with Dish and they will lose the channel. They usually work it out. Then the cable channels bill the customer to get the money to pay the channels, that is why we pay an arm and a leg for cable unless you cut the cord. I remember one year Charter didn't make a deal with our local ABC channel and at Midnight it shut off. People were so made and we lost the channel for about 12 hours.
We will see where this Verizon talk goes but I am not going to hold my breath.
Honestly, I don't think they got paid a dime, celebrities don't get paid to promote the movies they are in on late-night talk shows or GMA, Today, etc... Something needs to happen quickly or this could get ugly really fast.
Also, the Blu deal has not generated a single penny yet as far as we know. I asked JF when the actual channels would be coming back and he said hopefully by the start of 4th quarter. Nothing yet. Hell one post a while back said OTTV was going to get the Playboy channel. They are just putting a pre-installed app on a phone. Big deal. People have to pay to have the service and who is going to pay for nothing channels. Yeah, I get the whole cater to the Spanish population thing they are doing, but are they going to pay for the service? I guess time will tell.
This is truly a sad day because I am beginning to go to the Darkside on this stock. What some people are saying about the companies corruptness is ringing true. No point in me selling a single share might as well just let it go bankrupt. What is a measly $300 dollars when you have lost thousands of dollars.
Now if there were a lawsuit against the company about using a Comcast 8k to push the stock up I would be very interested.
I truly hope this stock can turn around but right now it doesn't look good for OTTV.
That liquid lunch segment was kind of embarrassing, they spoke more about Mark Wahlberg and Enterouge then Viva and OTTV. That Johnny Tobacco was just trying to promote his own poorly produced show. I hope JF has some serious [blank] up his sleeve.
Hate to say it because I am invested in this stock, but Sling wouldn't make a deal with Blu, they would probably make a deal with a big name like Samsung or LG, (not apple because Apple is going to do its own thing). There better be some magic in the next few months, otherwise, I wasted a lot of money and time on this stock, especially when everyone was pumping the crap out of it the summer of 2017.
This stock is not going to move until we see positive numbers. 8k is fine and dandy but we already knew there was a deal with Blu Phones. If they had a deal with Apple and the iPhone, then we would see some popping right away. The news is good, but the news is old, so the rocket ship isn't going to be blasting off until we get subscribers and revenue. GLTA!
I love your rah-rah positivity, I have been invested in this stock for years. There is no way this company is going to see $1 million dollars in sales in the near future. They need to get all the channels back that they lost first and then they have to get costumers. Money has been bleeding from this company. I truly hope you are right but I am not holding my breath.
Where do you get 1 million dollars in revenue? This company hasn't had more than 300 subscribers in years, I think the highest amount of subscribers at one point was between 300-600. Which translated to $10,500 - $21,000 a month. That would only be $252,000 a year, minus the cost of an ad in Times Square, rent, paying tiki, and employees. Nothing has come about with Tingo, bidwin, kredit koncepts, yello, Comcast, etc... We don't know what the deal is with Blu because news has not been released yet. Currently, there aren't any channels worth watching on the app, all the good channels were said to be back by 4th quarter, not sure if that is next week? The only thing we can hope for is the Blu deal gives us some return of investment and that we get those channels back. The ad on Soliel J's instagram showed all the channels, so maybe they are saying something.
Unfortunately, I doubt they are connected. JF seems to do this once a year. Drops a PR saying that they are going to do this.this.and.this. But then nothing comes of it. Except for a Times Square billboard of Soliel dancing. I truly hope everything he says becomes a reality, but I am not holding my breath. There just isn't any reason to sell at this point. Hoping the magic beans I was sold over the past year and a half sprout to something.
I've been invested in this stock for over 2+ years and there has yet to be any sales or revenue numbers from this company. Also, there are 2 twitter accounts, and I am not sure why there needs to be 2.
You can watch CBS News for free here: https://www.cbsnews.com/
If this goes to sub-penny, it will never recover. By Friday it will be determined if OTTV is a dud. I have been holding this stock for over 2 years and before the service was launched. Right now it's not very impressive. When they lost all the channels, I knew it was going to be bad.
The Comcast deal is the only deal that matters. Blu doesn't matter, its a stupid cut-rate phone, it's the Kredit Koncepts of the phone world.
Worst 8k's and PR's or twitter announcements of the past:
Yello
Kredit Koncepts
Bidwin
Tingo
Montessori UN (twice)
Times Square Billboard Announcement
Hombre of The Year
New York Parade
Wellness Expo
Any music festival that Viva and Soliel have participated together
Jack Brewer Group
Radio Ads
Blu Phones
World Cup Advertising
Meeting at Telemundo
The list goes on....
Really hating myself for buying this stock, but no point in selling now, just praying (not really working) that something good will happen 1 day. Let's get it together JF and make this a quality streaming service.
Hahahaha....That Lucy reference is hilarious. I felt the same way. Maybe we will get another 8k tomorrow saying we re-upped our contract with the Brewer Group! How about another billboard in Times Square!
The big problem is the word "SOON", JF's definition of "SOON" is not the same as mosts. "SOON" means from now until Christmas, if we are lucky.
We could see trips by Friday. Pissed away a lot of money on this stock. Oh well, live and learn.
What is wrong with the CFO. His LinkedIn is pretty impressive.
It's amazing how they pushed the Hombre of the Year award. This company is like the Fyre Festival of the OTC. I just hope the festival actually happens now.
Bren, I would say the first we hear about news would be sometime after August 1st. The 8K said that the company that was working on the website would be finished in 6 weeks. I think once the website rolls out then we will start to get news. New website, new channels, then maybe some PR. Fingers crossed, but not holding my breath.
Well, that is excellent news. I thought 4th Quarter started October 1 (4 x 3 months Jan. Feb. Mar. / Apr. May Jun./ July Aug. Sept. / Oct. Nov. Dec.). But glad to hear we may have the channel lineup back before August!
Viva Twitter said they should have the channels up by 4th quarter so I think that means by October we should have some news.