TV2 0.00% 0.8¢ tv2u international limited

Ann: Response to ASX Appendix 4C Query, page-3

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  1. 3,328 Posts.
    lightbulb Created with Sketch. 694
    Agree that share price wouldn't fall even with capital raise, as the money rasied will see the company through until incoming revenue. This would provide certainty to investors/current holders/past holders.


    Low on cash, as we all know, but still solvent and will be finalising finance soon.

    " the Company is currently negotiating with a number of interested parties regarding the provision of further capital to fund the Company through to the generation of positive operating cashflows. Based on the strong interest from these parties the company is confident it will finalise the above fund raising shortly and has postponed all possible expenditure until the raising is complete."

    Can't ask for much more at this stage.. they are concentrating on finance to get us through to the incoming revenue stage, which they expect late this quarter.

    This should reassure those who are worried about VA.
    Last edited by tutes: 04/05/17
 
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