Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
This POS is a disgrace even by the standards of the AIM casino. In this podcast I look at the history of Motive TV (MTV), its overpaid board, its confetti issuing prowess, its current financial position (dire) and tear apart yesterday's ramparoonie special of a press release. Yes, I know a bit about Greek ferries.
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Comments
DUCK AND DIVE
You overlooked the recent 1-for-5 consolidation so the SP drop since 2005 is worse than it appears at first sight.
To be fair to MTV, this RNLI gadget is a small add-on to their core activities and their tech does appear to work. The problem is that not enough resellers are buying into it and those that do pay nothing for it. But they are scheduled to roll out their new TabletTV product in April, selling to the end user for the first time. Shareholders are praying it will signal a change in fortunes but it already looks to be a casualty of the Freeview/Freesat/Youview war and hasn’t yet got essential accreditation from Freeview.
And of course, the next confetti shower is imminent – that’s why they had to consolidate – but seems to have been derailed by their broke broker, Hume, going tits-up at the wrong time. As soon as your chum Fatty gets a new calculator with a wide enough window, a whopper will hit the fan.
Got to look on the bright side though. Some of my least favourite people are balls deep in the MTV quicksand.
Castlewolf_22
Tom……you’re a fucking legend mate……Prophets is becoming bigger than a lot of folk think…..keep it up, wish I could help in some way, fighting the good fight but a part of me thinks that the suited crooks may group together one day, or indeed the SAG’ers and see what they can do about you….I know if I was one of the billion dollar brigade, Chinese or not, I would take a hit out on you to stop you ruining my evil plans…..after all, they manage to escape any form of justice in the markets so putting a price on your head they would obviously be able to hide those dirty tracks too, in fact they’de probably brainwash a QPP PI who loses the lot that it’s all your fault and they could get you taken out for free…..this comment ain’t for publishing, just a message to you and fully support everything you do…even your mistakes if you make any….all in good faith…..if you need a hand or ever need a place to lay low, should it come to that, I’m up in the highlands of Scotland….plenty places to hide here that I know of, and not necessarily caves…albeit if it comes to that I know a few…..I’m with you on this mate, good luck, keep it up and if you need me give us a shout
Castlewolf_22
TEA’s next….the ramp has begun and nothing of substance after you do some research on it and CA SPERATI (it’s former alias) folks….let it go to astronomical highs, we cannot help the newbies, you know the pattern from the QPP and WRN brigade (some folk on TEA are praising it as the next WRN…..FFS)….let it settle for a few weeks like FITB…..then short it…….no amount of trying to help those suckered in when it peaks will only be met with aggression, it seems to be the way nowadays…..so make some money whilst it’s ‘evolving’, sorry, after it evolves, make money on the ‘dissolve’ of much much more dilution to follow
Mark
Tom , you mentioned in the cast that MTV sp is down 90%. It’s down 90% in the last few months alone. It’s down 99.99% since tipped in IC over 3 years ago @ 1.2p. With the consolidation this will have to rise to 6p. Or multibag 240 times. Oh and I’m still in.