TV2 0.00% 0.8¢ tv2u international limited

Ann: Release From Escrow, page-95

  1. 2,365 Posts.
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    @Bullish Event - I don't want to sound presumptuous, condescending or unempethetic however putting false deadlines on Indonesia is only going to provide yourself (and maybe others) with false expectations and despair. After the first deadline miss on Indo I made enquiries and understood where the problems lay. I have since followed up on Indo at the EGM, AGM & by phone and understand fully that setting false deadlines only leads to false hope.
    Since Andy Brown made the announcement about imminent milestone completion funds from Indo - Brazil has gone live with 2 signed ISP's, TV2U has completed multiple content deals, TV2U has declined $800k funding from MEF, Andy Brown has left the company and at no stage was another announcement made to market or holders that $600k would be hitting the accounts.....imminently.....
    The long and the short of is that for the last 6 months it has been clear to me at least that Indo is dependent on forces outside of the control of directors and employees of TV2U and will happen (or not) on an as yet undefined timetable.
    Now that Brazil is up and running IMO Nick should be focusing efforts on further opportunities in LATAM along with additional ISP's - remember the quicker we get to +200k subs the sooner the company goes from spec tech stock with tenuous financial future to globally recognised tech innovator/interrupter.
    I can fully appreciate that you are a long term aggrieved holder however I am pretty sure that many who play in these markets get burned (myself included) however you as an investor have the ultimate control over your investment - whether or not to sell out based on milestones met, profits made or loss of confidence.
    IMHO - the next few months are critical and how they can finance their ongoing operations till subs grow and the 4C will certainly inform my decisions. As far as Australia Day launch parties - I must have missed that ASX announcement - if it wasn't there I'm not particularly concerned.
    (All IMHO - DYOR) - GLTAH!
 
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