Tivus, Inc. (TIVU)

[jpr1969]

Josh,

Are you basing your prediction on anything other than Mr. Prakash's past actions and performance? Would it not be more safe to assume that as Mr. Prakash stated in the CC, He is only going to utilize the shares necessary to raise funding for necessities as they arise until the 3 specific milestones can be obtained and a traditional form of financing can be put in place. I am certain that it was shared in the CC that these milestones were all that was necessary in order to put this already obtained financing into place. Once the BOD's DOL insurance was in place (beginning in Sept (2012???)) he would announce the BOD's and this would be the final milestone to accomplish to obtain financing. the other two, I believe Mr. Prakash stated that they were already done. Someone with better recollection please chime in if i have it wrong. But if that is the case, then there should be no need to release all of the remaining authorized shares.

JPR