Did brazil withdraw, page-65

Investor concerns have arisen as a consequence of the poor management of this TH.

Whilst l remain bullish about the technology and possibilities, this company needs to find a resource that is more capable of managing shareholder and market communications. The informal market updates and mismanagement of this TH are amateurish at best.

I find it inconceivable that we request a 24hr extension to the TH and within 24hours we are requesting another 48hours bc our CEO is on a plane. Was it not known he was catching a flight when the original request was made? and then to announce to the market that this is the reason for the delay rather than dead bat it? That’s amateurish. IMO this is the primary reason that created doubt and concerned investors started looking for evidence to validate their bullish belief this TH will result in good times for all holders. Very little evidence has surfaced to restore my confidence that this is good news over the last few days.

A screen shot of an app in a App Store means nothing. It means TV2u have an app. It is the contractual arrangements binding the use of that app that provides the value. I can find nothing that shows a binding relationship between Sol Telecom and TV2u with Sol branding. Despite free trials and a service which is now live and presumably deriving revenue. There’s no news on Sols website, zero about the commercial relationship. If they are contractually obligated to provide 250k customers in the first year surely there would be some visibility/advertising in their communications about TV2u or the service offered.

CEOs don’t take unscheduled flights when what was presented to the market was a 24hr minor delay. As with all holders, l am hoping for the best but are a little more tempered in my expectations than others given how this TH and other historical signings have played out. Previous excitement of signings in Russia, Brazil and Australia have amounted to nothing and we are 8 months behind the first revenue announcements in Brazil with probably 3-4 months cash flow.

IMO tomorrow’s announcement is critical for the short term prospects of this company and given its importance it’s not unreasonable to express concerns or be uneasy. Concerns for some that are apparently erased by an app screen shot. Personally l take a little more convincing.

All the views posted in this forum will be immaterial when the announcement drops, be it positive or otherwise. Regardless of the outcome the company needs to reconsider its strategy of communicating with the market bc it’s poor at best.

GLTA tomorrow.