TV2 (ASX) Brazilian OTT business will be a big success

Originally posted by Compounding ↑

The recent announcement was quite notably a shock to many who were awaiting good news, many were expecting bad news already, it also clearly further polarised the views of all.

One thing that can be said is that the content withdrawal issue if now remedied, was acted on and rectified by Nick and the team rapidly which needed to be the case, and while many are critical of this speed to enter an LOI the only other option was to create further delay and risk greater damage to an already volatile SP. The fact that TV2U have such contacts to allow a high level executive in Mr Suzuki and the mentioned entity to create a solution to this issue speaks of the growing reach of the company and their presence, regardless of what people will label the situation as. Likewise, while the process is somewhat convoluted if successful it may indeed create an advantage over the original contract structure this will remain to be seen.

Whether the company successfully rolls out and gains subscribers soon enough is still the question for each investor to decide. Based on the long list of events leading up to now, and of course what may be in the near future who could say for sure!

It is not worth trying to ramp or dump a stock just play each on its merits!

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You and Xray brought the main questions up to the point.

Things may be all OK, but they have not been communicated to us shareholders.

The comments here clearly show that the last announcement has created a lot of uncertainty.

Both sides for selling and for keeping invested have a point.

Xray, I believe it is Nick's responsibility to clear/answer the open questions to loyal shareholders. It is not up to each shareholder to contact Nick or the company to find out what happens with our company.

I believe a shareholder presentation covering the following details would be a good start:

Who is Mr Suzuki, can we know more about his career and business interest?
What is Slim-Pack? What broadcasting rights does the company have? The company exists only a few months, so we need to know more.
What are the details of the content that we gain through Slim-Pack?
What are the details of the premium content that we cannot use anymore from CCSTV? Are the legal issues locally in Brazil and can be remedied or are that international rules set by the original content provider?
Nick should give us an assessment of the deals and recent developments and the impact he believes the events have on the company. ...

Everyone have a good start into the new week.

K