Tivus, Inc. (TIVU)

[mfo]

An excellent post Rick and a great read.

http://www.investingadvisers.com/finance/articles/the_mysterious_world_of_death_spiral_finance.php

Almost everyone knows about P&D schemes. Financing is another way that the market (especially the Pennys) are being play to the disadvantage of investors in many cases.

This is one of two stocks I've invested in that had financing from firms like CANT. They are not just an MM, while they are a much more legitimate firm than others, the common theme when they finance a company is boat loads of company shares exchanged for below market prices. The best case is a company that takes advantage of the $ to make a profit, the worst case is finance based dilution that is no longer controlled by the company.

It will be interesting to see the next FINs from TIVU to see where they have financed most recently, if indeed that was done to clear the debt.

GLTA & TIVU