There is nothing in the email We don't already really know, just concerns the same as you get on the Board.
If MTV was going under:
1. I'm sure Bergen wouldn't have taken up the Shares under such conditions whereby they couldnt sell.
2. Why bother releasing TabletTV UK App
3. GRANITE would never be partners with mtv. They wouldn't waste money on product and marketing if mtv own the App, tech and patent outright.
4. Why bother diluting shares to buy outright the patent if this was to flop unless they plan to sell it.
I could go on and on and on. It just don't make sense why This would go bust after finally getting the product out.
Granite or Bergen could easily make a takeover too. Wouldn't surprise me if Granite do, the reward of hitting all 50 states with this tech and app for a measly 5-6 mill and own 100% is very high.
There are so many positives but unfortunately the SP does not represent it.
MTV have been around too long to get to this point to just throw in the towel now. The BoD has expertise, previous success, knowledge, experience and resources. Regardless of the money, everyone of them would be thinking that failure is not an option. Their reputations and pride is on the line too.
Don't get me wrong, it's squeaky bum time and not for the faint hearted. I'm ****ed off at where we are with the SP right now, but I came into this with a 3 year vision.
It really doesn't matter about FC. The problem is MTV are trying to flog outdated hardware that is incompatible with the all in one concept of modern types. That is where the problem lies.
But I will go further than that. I am not convinced of the commercial value and quality of the whole company. All I see is a potpourri of ideas that had little commercial practicality hence there appearance in far flung developing countries like South Africa and South America. Content Express, what is it?
With the failure of Tablet TV to make any impact above the old Tivizen models I could be wrong but I really sense the end is near hence the collapsing share price.
I'm still about! I do not forward emails without the original senders permission.There isn't anything that hasn't been discussed already on the board re freeview certification. I have emailed Len for clarification.
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