TV2 0.00% 0.8¢ tv2u international limited

If one looks at what the theoretical "end game" might look like...

  1. 310 Posts.
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    If one looks at what the theoretical "end game" might look like if the company was to run out of money for whatever reason then a typical voluntary delisting and liquidation scenario might produce potential winners and losers. Obviously shareholders are the key losers but are the IP owners and staff necessarily losers under this scenario?

    I am not so sure. I have seen companies crash and burn over the 30+ years I have traded stocks alone and with my father. Some of these somehow magically found new investor funds to purchase the key assets, branding etc out of liquidation from the compliant insolvency firms acting for creditors.

    They then ran off as phoenix's with some old staff members while everyone remained as ash burning in their dust. Re-birthing is not just a car industry problem run out of backyard garages in Western Sydney.

    In theory IMO TV2U as it stands has most of its key staff in England, and has shifted its effective operations out of Australia to the Queens soil. The TV2U IP and Talico are not registered in Australia, and so may already be in England, and the accounts in the Singapore jurisdiction are ideally positioned to equally allow being replaced by the same account structures for any English domiciled private company owners running a private concern IMO. Pending contracts could be renegotiated.

    One local director, a company secretary and a CFO advisor would be probably redundant under such a theoretical scenario and the legacy Malaysian Head-end which is now depreciated off the books to a large extent could be offered up as paltry assets in liquidation. Key personnel could in theory be rehired and the documented architectures and code base could be preserved but reworked by 10% or more to be something novel and new rather than something that pre-existed.

    K2 could be acquired as its accounts are domiciled in Singapore commercially and we are blind to its income so it would be simple to buy out of liquidation as an asset and keep going under new legal ownership. All the R&D funding we have tipped our investment monies into has borne little commercial fruit so far, and an admission TV2U needs Divan assistance to run their POC instances and/or complete commercialisation of their OTT platform means what value could one place against their software assets and IP?

    We do not know where the investors money has been spent in any detail that is evident to shareholders so who amongst us could challenge any theoretical re-birthing given everything within TV2U is shrouded in mystery, with transparency and communication being tokenism based on past and present experience.

    IMO a private company run out of England might be an elegant solution in the minds of some to an experiment in public life gone horribly wrong if the money runs out as a result of this suspension or failed commercialisation of deals in the pipeline. Its just shareholders would not dine out on that outcome at all!!
 
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