Ann: TV2U Launches TV2U Africa with Local Partner, page-147

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Cosmo64

398 Posts.

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23/07/18

16:42

Post #: 34523054
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Originally posted by cgljacgc ↑

Agree. I have to admit I was a great believer in this company ( still not given up on their potential ), but I moved on last week taking a 50% loss regretfully as the risk is increasing with their limited funds available ( unless they have received any revenue which we are unaware of ). Made up the loss in CVN but still not there yet.

Seems to behave like a top-branded company with their IR and the way the CEO functions but it is very unfortunate that they could not manage to put one revenue stream to bed in this long time and hence Market is very sceptic now. I don’t think they will have any trust with any revenue indicators even, unless investors see money on account from here.

They had a golden chance when they struck the deal with IO, but failed to instil any confidence. Also failing to update on PGAS & Brasil is not helping them at all. Even if they be honest and say what is causing the delay would probably help ( than nothing at all ). They claimed in early April that PGAS is getting installed in week and we are now ending July ( 3 months = 12 weeks ! ) and nothing further.

In my understanding IO has Streamon for movies/videos and iStream, IMO will be used by IO for Live events ( and Asian games is right round the corner ). But will TV2 be able to survive until any revenue starts ticking in ? Will have to be really string to hold this from here but still wish GLTAH.

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Hi there sorry to hear you are out but not to cause you grief but Pgas paid 65% payment on announcement 9th May approx $500k US and on 12th March we received payment from Cancun $1.5 mill , so if they have kept to a budget of $300k to$350k as I suspect and some Revenue we won’t need a CR this quarter

TV2 Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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Ann: TV2U Launches TV2U Africa with Local Partner, page-147

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