She'll do very well in the months to come....
The price has been demolished and now the b usines plan is complete ala NMS. Goldman Sachs has been buying at 20c. Really tight and may be a mulitbagger very soon.
Two Way, Tabcorp to set up wagering service on FOXTEL
17:02, Friday, June 08, 2007
Sydney - Friday - June 8: (RWE Australian Business News) - Two
Way Ltd (ASX code: TTV) had signed an agreement with Tabcorp Holdings
Ltd (ASX code: TAH) and FOXTEL to develop a pay TV wagering service on
the FOXTEL platform.
The service will initially be offered in NSW and Victoria,
subject to regulatory approvals in each state.
Once the service is introduced, Tabcorp account holders with
FOXTEL will be able to place bets via the Sky Racing Channel.
Wagering on the service will be password-protected and will not
be accessible without an active Tabcorp wagering account.
Under the five-year agreement, Two Way will pay FOXTEL $5.6
million in two tranches, with the first 50 per cent to be paid on
completion of today's agreement and the remainder payable upon
commercial launch of the service.
Following launch of the service, Tabcorp will pay a service fee
derived from wagering turnover through the service.
Two Way will retain 100% of this fee until it reaches a total of
$5.6 million, after which Two Way and FOXTEL will split the fee equally.
Back in Dec:
Investor presentation and interview:
http://sa.iguana2.com/cache/c8b0932fe1e4e0...-TTV-259648.pdf
Cash Flow Statement & Investor Update:
$14m cash on hand.
http://sa.iguana2.com/cache/42f486787835d8...-TTV-264343.pdf
TTV (Two Way TV)
Soon to expand but shares are extremely hard to acquire. Worth keeping an eye on.
"Two Way TV (TTV) is an interactive media application company. It provides enhanced TV entertainment and interactive TV applications and technology to the Australian interactive digital television market. TTV has an exclusive and perpetual licence acquired in 2000 from Two Way TV Ltd in the UK to operate in the Australian & New Zealand markets. Under this licence the Company has access to the large library of digital, interactive TV and mobile media applications already developed and used by Two Way Media. As at Dec. 04, the company main products are Interactive Games and Interactive Racing applications
Interactive TV applications / Games: TTV provides the content for the MindGames Channel provided on a 24/7 basis for a monthly subscription by Foxtel and Austar on their digital services. As at Dec. 04, TTV has game channel agreements with Austar and Foxtel in place.
Interactive Racing applications: TTV has an exclusive contract with TAB limited to establish a service that will allow viewers to place bets on races conducted anywhere in the world and broadcast in Australia. The service is intended to be launched commercially during 2005. As at Dec. 04 TTV created 2 proprietary racing applications called �eQuick Bet�f & �eTotal bet�f
Acquisitions: TTV acquired Holotype Pty, an interactive television company that has developed a number of interactive television wagering and sports betting system."
http://www.twowaytv.com.au
Two Way TV agreement with Tabcorp extended
13:18, Friday, 30 June 2006
Sydney - Friday - June 30: (RWE Australian Business News) - Two
Way TV Australia Ltd (ASX code: TTV) today announced its agreement with
Tab Ltd - now owned by Tabcorp Holdings Ltd (ASX code: TAH) - had been
extended beyond June 30.
The new end date is September 30, and may be further extended at
the discretion of Tabcorp, following further discussions between the
parties.
Under the agreement, Two Way has the appointment as the
exclusive supplier of an interactive TV wagering service on the Sky
Racing channel.
Two Way TV in three-year deal
10:10, Tuesday, 22 August 2006
Sydney - Tuesday - August 22: (RWE Australian Business News) -
Two Way TV Australia Ltd (TTV) has signed a three year deal to provide
interactive games to leading hotel in-room technology and entertainment
provider, MagiNet Pte Ltd.
Two Way will supply the first casual gaming service on the
MagiNet systems installed in premium hotels throughout Asia Pacific and
the Middle East.
Two Way's games are designed to work on internet protocol
television (IPTV) gaming platforms, and are perfectly suited for the
MagiNet technology platform.
Two Way TV signs deal with M2B Game World
10:25, Friday, 25 August 2006
Sydney - Friday - August 25: (RWE Australian Business News) -
Two Way TV Australia Ltd (ASX code: TTV) has signed a three-year deal to
provide interactive games to online games provider M2B Game World Pte
Ltd, via the Global Broadband TV service owned by Amaru Inc (a US-listed
Nevada-based company) and marketed worldwide through Amaru's M2B World
subsidiaries in the US and Asia.
The Global Broadband TV service enables subscribers worldwide to
access over 40 channels of video-on-demand programs under the M2Btv
brand, using any high-speed broadband connection, through M2Btv's PONY
set-top box that also offers video conferencing features without
additional telecommunication charges.
M2B Game World, a provider of 20 online games with an integrated
micro-payment system on its MagicOverLoad platform, supplies and manages
all interactive games content on the M2Btv platform.
Two Way will provide the first network-wide casual gaming
service through M2B Game World, targeting markets in America and Asia.
Sydney - Thursday - August 31: (RWE Australian Business News) -
Two Way TV Australia (TTV) has triggered a defined negotiating period
under its agreement with Tabcorp Holdings (TAH), and both parties are
working towards finalising a distribution deal for an interactive TV
wagering service.
Two Way and Tabcorp have an agreement whereby Two Way is the
exclusive supplier of an interactive TV wagering service on the SKY
Racing channel.
Further to this agreement, Two Way and Tabcorp are working
together to complete a distribution agreement with a subscription TV
operator by 19 December 2006.
This date supersedes the current end date of Two Way’s agreement
with Tabcorp, which is 30 September 2006.
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