Tivus, Inc. (TIVU)

[retired3]

I believe that Host (Marriott) will or hased signed a partnership with them. Tivus has fulfilled their part of the workout, and now it is up to Host to finish the details. The current delay is the legal work to complete a partnership agreement, finish negotiations with Tivus as to their future path, and finish the framework. Implicit in the framework will be other hotels, perhaps the whole Host network over time. With this in effect, Tivus can become a real revenue company (they are in transition at the moment) and preferred share buy backs and financing will take place. June the 1st should be the date of completion of the partnership. GLTA. R3