Doesn't matter. As I posted earlier on its ineptness, wether an honest mistake or an attempt to deceive IMO. At the end of the day we won't know which, but what we do know is that we will not be relisted until this mess is sorted out. The length of this mess will also be dependent on what happened to those shares that were issued - if they were sold expect this invetigation to last a lot longer. Now this takes me to this point - IMO this is definately not a good look and completely embarrassing. This coupled with the fact TV2 has not delivered on its deals - think Hollywood content - and the feeling you get in my opinion is amateur hour. Notice we have not been updated on the latest deals - obviously they are more of the same HOA with no sight on revenue, if of a revenue nature like the quarterly should have been psoted. Now before you say the company is in suspension, I have seen companies in suspension update the market by the way (think XTV and look at their updates whilst in suspension.
I hold options, hopefully by 2019 they get it together and then I might exercise. Until then will sit on the sidelines watching this fiasco unfold. This ain't a Seinfeld episode about nothing IMO - management have explaining to do. It is a very basic rule that everyone knows on the ASX and they can't even hide behind the fact it was the first time we issued shares IMO. Expensive advisors are been paid and been issued free shares for ages so someone needs to be held to account. If I was an outsider, I would tread cautiously when doing business with these rank amateurs IMO
TV2 Price at posting:
1.7¢ Sentiment: None Disclosure: Held