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One thing missing is cost cutting measures taken by tv2u....

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rugbysid

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14/01/19

19:32

Post #: 37111399
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Originally posted by goldenx: ↑

summary from my memory, if anyone wishes to add..
pgas
- meeting this week about launch dates, marketing, content etc.. will provide an update when more is known
- will be similar to istream make-up
indosat
- confirmed at least a couple of thousand subscribers
- revenue coming in "like now"
- meeting with indosat this week for plans with avod and more content additions

Bisma
- top 25 musicians have signed up with lemmon/bisma
- revenue from all streaming ie every song, every video and every piece of ecommerce "clipping our ticket" as nick said
- meeting this week but launch on track.

Tv2Africa
- akamai advertising will be on platform stream as of this week/next week
- more content and major marketing campaign to follow
- a true "fully active" commercial launch when advertising is attached

Sol Telecom
- just waiting on decoders for the new premium content from the US - over 150 channels
- everything platform wise is done and ready to go
- apps will be ready to go for launch
-launch expected early feb

* also janio from sol is assisting with tv2u in brazilian projects as Dan Oda has been released (cost saving measures)

Jee TV
- seems promising, nick seemed pretty excited but lacked details to be honest, will have to see what transpires but i dont think our board is in the habit of not having super water tight contracts in place these days

other
- nick said a couple more projects close to finalising

- IP, as already stated it looks like talico will be merging its IP into TV2U and that the IP is being independantly valued at the moment, expect news on this soon

- nick mentioned that investment houses have approached them about beginning coverage of the company

- someone asked about the board who have just been given incentive shares and if they are going to buy some shares in the company, he thought it was a good idea.

- options look positive to be extended, the board will hvae to call an EGM to get this done but remained positive

- expectation of being cash flow postive by year end, with a combination of lowered costs and revenue flows from many projects.

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One thing missing is cost cutting measures taken by tv2u. Perhaps someone can fill in the details. It included some (the board?) to go without pay ie not just pay postponed.

TV2 Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
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One thing missing is cost cutting measures taken by tv2u....

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