Brazilian OTT business will be a big success, page-3

The recent announcement was quite notably a shock to many who were awaiting good news, many were expecting bad news already, it also clearly further polarised the views of all.

One thing that can be said is that the content withdrawal issue if now remedied, was acted on and rectified by Nick and the team rapidly which needed to be the case, and while many are critical of this speed to enter an LOI the only other option was to create further delay and risk greater damage to an already volatile SP. The fact that TV2U have such contacts to allow a high level executive in Mr Suzuki and the mentioned entity to create a solution to this issue speaks of the growing reach of the company and their presence, regardless of what people will label the situation as. Likewise, while the process is somewhat convoluted if successful it may indeed create an advantage over the original contract structure this will remain to be seen.

Whether the company successfully rolls out and gains subscribers soon enough is still the question for each investor to decide. Based on the long list of events leading up to now, and of course what may be in the near future who could say for sure!

It is not worth trying to ramp or dump a stock just play each on its merits!