OTT Divan - some light reading, page-156

There has been a lot of nervousness on the forum over the passed week or so & talk about whether the Divan deal will proceed as planned. I, like every other shareholder only know what has been announced to the market but this is how I see it.

It seems a lot of posters have tried to contact Tom Young & get some explanation... Tom will only tell you what he can, he will certainly not want to be put in jail for insider trading to put your mind at ease or give you a competitive advantage for emailing him. What I will say on the matter is this, he did release an announcement on the progress of the deal 2 weeks ago.

I also feel some of the nervousness has come from the quarterly report, which to be honest was a waist of time & effort; as it was a cut & paste job from the announcements the market already had, but within that you can see there was just no additional information the company needed to release as Tom had announced it 1 week prior.

Then there is talk about deals that were mentioned before listing. Most of the companies people are talking about are the companies we partner with to provide content as an aggregator, so when Divan comes online they will be used, but for now we only use Sunfly. In regards to if a LOI does not become a binding contract, will the company announce that information? They will not, it was only a LOI & if the contract is not formalised the company will simply continue looking for new deals.

I feel a lot of the nervousness has come from the SP movement of 7.2c down to 2.1c & on that move I will say this.

All the RTO companies I follow have in the last 2 - 3 months fallen significantly with the exception of a couple & of the ones that have fallen TV2 is the only one that has not touched or fallen below its listing price. Don't forget TV2 raised at 2c & has not been there in this drop even though we have only launched our first product & produced little revenue.

Let me ask you this, if the market thought this company was going to fail so quickly, where would the SP be?
I don't feel investors have jumped ship, only that investors have reduced their exposure along with the rest of the micro cap sector. The whole sector has been hit in the last few weeks.

Buckle up, news will be upon us shortly & we will all have the clarity we are waiting for.
All the best, hopefully we all make some money in the next 1 - 2 months