Jp, I think that at this point the value of a contract (with real $ numbers, not future "maybe's") is that it does one significant thing: puts all arguments about Tivu's tech and business to rest. If people cannot even confess that, there is no reason to move forward. The only other assumption is that Host is in collusion with Tivus to perpetrate a fraud upon the hospitality industry. Actually, I am wondering why all these folks who have been screaming fraud have not filed a complaint with the SEC against Host for being in collusion with Tivus at this point. After all, they have allowed this "charlatan" and his "fraud" of a system to enter into their hotel system. Interesting the SEC hasn't moved against Tivu and Host.
The stock valuation is always tied to future expectations and the EPS multiplier normally represent this. In small caps it is not unusual for those multipliers to be higher than the average market EPS because of the ability of a small cap to grow at a much faster pace and % increase than established corporations. A 20 - 30 multiplier wouldn't be crazy. If there is a large multiple unit contract at some point involving millions of $'s (as announced by Host, it will be incumbent upon Tivu to move up an exchange and either do a RS or buy back with some of the funds. With just a little capital, they can buy back large #'s of shares. But the easy way after a contract is a RS. Getting to penny's with all these factors is not that hard, and these steps should be expected in the event of $ contracts.
Now there has been quite a lot of talk about the Tivus system and other people having exactly what Tivus is attempting to sell. A simple solution is to provide a hotelier, telephone # and name for us to talk to so we can get the details of their contracts and $'s being paid for ad insertion revenue. Don't know why I didn't think of this sooner, but it will have to involve real people and real companies that can be contacted for questioning. GLTA. R3
