Tivus, Inc. (TIVU)

[jpr1969]

What the EFF....Looks like once again Mr. Shiva Prakash just released Financials without reviewing them. Errors through out. This is unacceptable. How many times are we going to play out this "opps, my bad" scenario?

Common Stock
We are authorized to issue up to 3 billion shares of common stock. At March 31, 2012, we had 1,742,214,279 shares of common stock outstanding.

The promissory notes, if converted and all warrants exercised would result in additional shares issued and dilution of existing shareholders at March 31, 2012 of 4.9 billion shares and 85% at a share price of $0.0005 However, the Company is only authorized to issue 1 billion shares. Consequently, if all of the instruments converted, the Company would either have to increase the number of authorized shares or purchase the shares on the open market.

Which is it? I know the truth, Does Shiva?

off to another month and a half of waiting for the corrections. Why don't we all just speculate on what this stock could have been with a real CEO running things. Oh, and we advance the guy a years salary, and he turns around and loans us back $115K of his personal money? what you wanna bet we didn't get as good of terms on the loan as he got on the advance? COME ON SP, SHOW US THE DETAILS of that fiasco....Or did Host GAG you on that too?