Tivus, Inc. (TIVU)

[tvmetguy]

TIVU DD Yeilds PPS of $19.80 (seriously)

1) Float 4,500,000, O/S 19,250,347, A/S 300,000,000. Plus, the CEO owns 12,000,000 restricted shares. Float has been unchanged for months.

2) First in-room IPTV contract with DoubleTree in Omaha worth 1.2 mil + and this is KEY (6 mil in advertising rev split between TIVU and hotel) over 5 years= 4.2 mil for TIVU or 840k/year rev for TIVU from just 1 hotel

3) Link to first in-room IPTV, note the bottom where it says advertising rev will be worth 5 to 6 times that of the original contrat!

http://ih.advfn.com/p.php?pid=nmona&article=44494313&symbol=NO%5ETIVU

3) 300 more hotels are waiting to sign 60 month service contracts with TIVU-Link

http://www.smallcapss.com/tivu/TIVU-InvestorFactShee2010.pdf

4) With TIVU getting 840k rev/year from 1 hotel, 300 hotels would be 252 mil rev/year

5) 252 mil rev/year assume 10% net income, or 25 mil. O/S is 19 mil so EPS is 25/19= $1.32 use PE 15 get PPS of $19.80