In Pinkie land everyone has a dream and shot at landing the big fish, businesses and investors both seeking the proverbial pot of gold. Many do not succeed, in fact most do not.
I have spent many hours speaking to and communicating with CEO's of OTC qb and pink issues. They all say what you want to hear, that's their job or part of their scam, to build investor awareness and confidence. They are public for one reason only, to fund their company through the capital markets. What I have found most telling is the methods and actions surrounding funding through dilution. Either, the company shelves a project until viable financing is acquired in tandem with public markets financing to preserve share structure and enhance shareholder value or they dilute the crap out of the company to scam folks or self indulge. If it is neither of those two then it is simply poor judgement, poor planning, unrealistic goals, basically incompetence.
The history of Prime Link, Max WiFi and now Tivus is a pattern that one should not dismiss. This history and current death spiral / toxic financing is a hole dug that is becoming deeper and deeper. Is there a way out? Possibly for the business idea, but as we near tapping out the AS once again, the chances of current long term investors to recapture their investment from TIVU the stock, less so. Personally, I believe there will be an AS raise to 10 bil+ or an RS in the near term.
I've told numerous folks here the best thing SP could do is keep his mouth shut until he can really deliver the goods. His credibility takes a hit from both the stock and company side with each announcement. One because he dilutes into news and secondly because his follow through history is never timely if at all.
Tivus is now a lottery ticket with a pulse, IMHO. GLTA
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