Ann: Indonesian Project Update, page-308

To be honest, I thought you edited the title and posted this in good fun to generate some reactions. The alternative would be the good news you received and referred to in an earlier post (i.e. your statement "i’ve come across some information recently that has given me more patience")

If the announcement was genuine, i.e. an MOU is already signed, TV2U would have had to announce it to the ASX before feeding it to the news media.

I can also be sure of this because of an announcement made by Velpic (VPC) late last year that had exactly the same title about an MOU with the same company, i.e. Bright Innovations. The announcement was posted on HC and was the subject of several comments, including by yourself Although I am not an investor in Velpic (and happy I didn't invest), I followed them for a while and saw that announcement in December 2017. Hence my reaction to your post.
https://hotcopper.com.au/threads/an...ht-innovations-smart-cities-platform.3911816/

Now, on substance. There is nothing stopping Nick, through his other interests and companies (i.e. not TV2U), exploring opportunities with Bright Innovations as they share similar views about smart cities, Hub of Things, etc. Like Vonetize, Bright Innovations is an Israeli-based company and maybe Nick has some insight about or contacts with technology companies there and has already initiated some discussions with them on various matters. He may have even explored opportunities. I am not saying that he did any of that, but for him to do so seems perfectly plausible and understandable (more so as a businessman than as CEO of TV2U). I can't fault him for what he does with his other businesses other than if what he does is at a cost to TV2U.

Looking at it strictly from a business perspective, if Nick was to say 'I'll do something with BI through TV2U' is understandable, he'd want to give investors something to feed on. By the way, if he did so with some investors in private then later an announcement is made, that would equate to or come very close to insider trading. If his reason is to tap his existing investor base for more funding, that would also make good sense. However, why anyone with even a basic business acumen want to put all his eggs in one basket, knowing that TV2U is struggling with what they have? We were told that they are barely resourced to deal with Brazil and Indonesia. Imagine the stress (i.e. load) this would put on TV2U if working on smart street lamps was to happen. Where would that leave Brazil and Indonesia and other potential markets?

Besides, Nick already has other companies designed specifically for that kind of business. Why set them up if he is not going to use them? Note that he created and registered a company called 'Hot Latam' with Claudio Lessa in August last year, 2 days before they registered 'TV2U Latam'. I wouldn't attach much importance to the dates sequence but their proximity to each other means that two separate lines of business were considered. At least that's how I would read it.

Not sure now if your following post is aimed at me or not. The one where you start by stating "It shows a lot about how you want to disprove anything positive about TV2?" If it is, please let me know and I will respond

Cheers