Replies to post #94973 on Viva Entertainment Group Inc (OTTV)

[ChampionOfTheSun]

Who got their hands on it? If real I'm surprised this document is out yet. It would clearly be planned to be announced.

I got a few thoughts without knowing more
- clearly we are involved, it's the same people and business plans
- with our oi2 relationship? Did they create this to be the part of them which owns 51% of our joint venture? Or is this the end result of our joint venture where we will have 49% of this?
- valuation - nothing is apples to apples on price per share. If its option 1 above it doesn't matter to us. If its option 2 above the $50m valuation doesn't mean that's the value. What if only 33% ownership is being offered up. It could be $150m valuation, with oi2 getting $51m, us getting $49m and the new money having the $50m bought in. We are currently valued at $7m so I wouuld think our proportional growth is about 7x then out of penny land for more.

Any of those theories sound right?

[INTHEKNOW1]

THE 8Ks WILL COME.. IF THEY DO PRIOR TO ACCUMULATION.... FORGET IT MY FRIEND.. I HAVE STATED MANY TIMES, MY EXPERIENCE TELLS ME......... WE WILL SEE A GAP OF 200% AND NEVER LOOK BACK;-) SEEN A FEW OF THESE IN THE LAST 40 YEARS.

IT IS FOR THAT REASON I KEEP SCREAMING ACCUMULATE SHARES.. WHEN FUNDAMENTALS STRENGTHEN AND BIG DEALS COME TOGETHER..EPIC THINGS HAPPEN AND SHARES BECOME VERY EXPENSIVE. HAPPENS WITH THE QUICKNESS;-)