TV2U INTERNATIONAL LIMITED (ASX.TV2)

Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

delisted by ASX under Listing Rule 17.12

we understand this company failed and ASX removed the company from listing because its securities have been suspended from quotation for a continuous period of two years

The company has failed to pay to ASX Limited the annual listing fees for the year ending 30 June 2022, and the entity's securities are already suspended from quotation.

TV2U signs five year deal for the Islands Cup Open Tournament. USD100,000 integration fee to cover set up costs to be paid by CFTL ahead of commercial launch. TV2U to receive 5% of gross revenue generated with a minimum USD25,000 monthly management and service fee.

The company advises holders of the company's 351,413,781 Listed Options exercisable at $0.02 each that the Listed Options will expire at 5:00pm (AWST) on Tuesday 30 March 2021. As the Listed Options are "out of the money" and the likelihood of holders exercising the Listed Options is remote, the company will rely on Clause 5.3 of Appendix 6A of the Listing Rules, and will not be sending a personalised notice to the holders of these quoted options that are about to expire.

The company lodges its Quarterly Activities & Cashflow Report.

The company releases the results of its meeting.

Log in details for the virtual AGM to be held on Friday 29 January 2021 at 4pm WST have now changed. Shareholders who wish to virtually attend the Meeting (which will be broadcast as a live webinar), please pre-register in advance for the virtual Meeting here: https://us02web.zoom.us/webinar/register/WN_ELNyonyoTpOKNCES00LYyQ.

The company releases a Letter to Shareholders re AGM & Proxy Form.

The company's AGM will be held virtually via teleconference through Zoom on 29 January 2021 at 4:00 PM (WST).

On 2 December 2020, the strategic partnership agreement between Talico Technologies and Jayplus AG has been terminated by both parties. Jayplus sent correspondence to the Company/Talico claiming that the company was in breach of the SPA and requesting a refund of the original licence fees paid to Talico, being €3,000,000. The company refutes that Jayplus has any right to claim those amounts back, and through its UK based lawyers has written to Jayplus stating the company's position. Since that correspondence the company has been unable to contact Jayplus. TV2U is entitled (and intends to) pursue Jayplus in the amount of A$2,092,500 which was subrogated as part of its settlement with the Humich Group.

TV2U Singapore did not consider that the Indosat agreement was commercially viable, having not contributed any revenue to the company since inception. There were no financial consequences of the company terminating the Indosat agreement. TV2U Singapore also requested in writing that SOL Telecom provide written consent to terminate the agreement. The company is in compliance with Listing Rule 31. as the terminated agreements were not commercially viable, had not contributed any revenue to the company and were therefore not materially price sensitive. The suspension is expected to remain in place until all outstanding matters relating to the company have been resolved.

The company lodges its Quarterly Activities Report.

The company lodges its Quarterly Cashflow Report.

The company releases its Corporate Governance Statement.

The company releases an App 4G.

There is a significant difference between revenue quoted in the Preliminary Final Report (App 4E) and the 2020 Annual Report. This difference has affected the profit after tax attributable to members and the earnings per share. Revenue and other Income: $1,143,967 (Annual Report Audited 30-Jun 2020) and $2,885,698 (Preliminary Report Unaudited 30-Jun-20); Profit / (Loss) after tax attributable to members: (634,143) (Annual Report Audited) and 392,317 (Preliminary Report Unaudited).

The company lodges its Annual Report to shareholders.

The company lodges its Preliminary Final Report.

The Company has resolved the legal proceedings commenced by NJLH Investments and Far Super and the Humich Superannuation Fund. The claim in respect of €3,000,000 (~A$5,000,000) received by the Company indirectly from the original borrower, increased with the addition of a further claim for $185,378 being further funds paid by an entity associated with former director Bret Silvey to a client of TV2U. Both parties have agreed to fully and finally settle all claims between them arising out of the proceedings. Without admission of liability TV2U has paid the sum of A$2,092,500 to the Humich Entities.

The company lodges its June 2020 Quarterly Activities & Cashflow Report.

The company has received notice that legal proceedings have been commenced in respect to the company's recent receipt of €3,000,000 (~A$5,000,000) from JayPlus AG. The claimants, NJLH Investments Pty Ltd and Far Super Pty Ltd atf the Humich Superannuation Fund allege a constructive trust arises in respect of those funds as a result of alleged conduct by Mr Bret Silvey and his private entity, Cancun Trading Pty Ltd. Mr Silvey is also a director of TV2U. TV2U categorically denies any actual knowledge or notice of alleged misrepresentations made by Mr Silvey and/or Cancun Trading Pty Ltd. Trading in the company's securities will remain suspended until the legal proceedings are satisfactorily resolved and the ASX is otherwise satisfied that the company's ongoing operations are adequate and the company's financial condition is sufficient to warrant the trading suspension being lifted.

The company lodges its Updated March 2020 Appendix 4C.

TV2U are pleased to announce the full execution of JAYPLUS's contractual obligations to the SPA as marked by payment of the full sum of €3,000,000 (~A$5,000,000). This payment has been made by JAYPLUS in exchange for an exclusive license for the streaming of sports content via the NextGen Sports 360 Platform (€1,500,000) and TALICO's development of joint Intellectual Property surrounding interactive, multilevel Second Screen Fan Engagement (€1,500,000). On 12 June 2019, the Company advised that it had completed the acquisition of TALICO'S Intellectual Property Portfolio. There are no royalties between TV2U and TALICO following the acquisition.

The company lodges its Revised Appendix 4D for Half Year Ended 31 December 2019.

The company lodges its Appendix 4C - March 2020 Quarter.

The company lodges its Quarterly Activities Report - March 2020 Quarter.

The company lodges an Appendix 4D for Half Year Ended 31 December 2019.

The company lodges its Half-Year Financial Report to 31 December 2019.

The company releases the Results of General Meeting.

The company's general meeting will be held at: 9.00am (WST) on Friday, 21 February 2020 at The Celtic Club, 48 Ord Street, West Perth WA 6005.

The company releases the results of its Annual General Meeting 2019.

Subject to JAYPLUS raising the necessary funds from third party investors, JAYPLUS to make an initial €1.5m (AUD$2.44m) payment to TALICO plus an ongoing annual exclusivity license fee to utilise the Next Gen Sports OTT Platform. Subject to JAYPLUS raising the necessary funds from third party investors, JAYPLUS to pay an initial €1.5m (AUD$2.44m) payment to TALICO to develop and provide the Fan Engagement 360 Platform and Second Screen Experience application products. Initial agreement term of ten (10) years. JAYPLUS expects to be to be operational and ready to deploy TALICO/TV2U's suite of technology products and services in the coming weeks.

The company requests that the suspension of its securities remain in place until the release of an announcement regarding the new licence agreement, which is now expected to be 29 November 2019.

The company requests that the voluntary suspension of its securities remain in place until the release of an announcement on a new licence agreement, which is now expected to be 28 November 2019.

The securities of TV2U International Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of TV2, pending the release of an announcement regarding a new licence agreement.

The suspension of trading in the securities of TV2U International Limited will be lifted immediately following receipt of an announcement.

The company signed a letter of intent with a view to acquire the Brazilian content acquisition company, Slim Pack. The acquisition is subject to formal contracts being signed and normal due diligence. It is expected that the Due Diligence will include confirmation of access to premium content in Brazil and should be completed within 3 months. This acquisition coincides with change of the agreement with CCSTV who will still be on-selling TV2U's OTT services, but will no longer be our content supplier. TV2U conducted a seminar in Sao Paulo on 26 January 2018, attended by representatives of all its current partners as well as approximately 20 Brazilian ISP's, to update the market on TV2U's technology and content offering as well as the future technology roadmap. After the completion of the above seminar TV2U signed a MOU with Fortel Fortaleza Telecomunicacoes as a master distributer of TV2U's OTT services for the region of North & North East Brazil.

The Company does not expect to be in a position to provide the full details of the update to the market before trading commences on 7 February 2018, due in part to the fact that the Company's CEO is currently in transit between the UK and Australia. The company requests an extension of the voluntary suspension of its securities until the date of the announcement, expected to be made by, at the latest 9 February 2018.

The securities of TV2U International Limited will be suspended from official quotation immediately, at the request of the Company pursuant to listing rule 17.2, pending the release of an announcement regarding its OTT entertainment service in Brazil.

The suspension of trading in the securities of TV2U International Limited will be lifted at the commencement of trading on Thursday 15 December 2016, following receipt of an announcement.

TV2U International Limited advises that the Company has been successful in obtaining all orders sought at this morning's Court hearing. The orders were that the offer for sale or sale of the shares issued by the Company on 28 June and 26 October 2016 were not invalidated by any failure of the Company to comply with section 707(3) of the Corporations Act 2001 (Cth) and also relieve from civil liability any seller of these shares. 

The company issues a Response to ASX Aware Query.

Further to previous ASX announcements in relation to the suspension of its securities, TV2U International  Limited advises that the Company's application has been adjourned to  Wednesday 14 December 2016. The adjournment was to allow the Company to brief Senior Counsel and to accommodate the Court and other interested parties. 

The Company's second hearing, which was held on 1 December 2016, was adjourned to Thursday 8 December 2016.  The adjournment was to allow the Company to provide the Court with further submissions. The Company is continuing to work with its legal advisers to resolve this matter as soon as possible and the Company will continue to keep shareholders updated on further developments as they occur. 

The company releases the results of its meeting.

The Company's initial hearing, which was held on 18 November 2016, was adjourned. The adjournment was to allow the Company to provide the Court with further evidence. The Company is continuing to work with its legal advisers to provide the information as soon as possible and the Company will continue to keep shareholders updated on further developments as they occur. 

The directors of the company, as advised by legal counsel, provides a notice for the purposes of section 708A(9)(c) of the Corporations Act 2001,  to the extent  necessary to address purported defects to which the Company has recently become aware.  The purported defects relate to cleansing notices released by the Company at 18.41 (AEST) on 28 June 2016 (June  Notice) and 17.51 (AEST) on 26  October 2016 (October Notice)  following the issue of the shares the subject of Appendix 3B's dated 28 June and 26 October 2016 respectively.

The company issues a cleansing prospectus for an offer of up to 100,000 Shares at an issue price of $0.02 per Share to raise up to $2,000

Divan.TV alliance agreement provides TV2U the opportunity to ensure the delivery of contracts are completed in a cost effective and timely manner.The existing alliance agreement exploits the unique commercial potential of the companies' high  level skill sets, service delivery experience and knowledge in the OTT industry. The effectiveness of combining the pool of employees reduces the requirement for further capital  to be raised at historical trading lows for the listed entity. 

The company has signed two  Memorandum of Understanding agreements, and is to undergo field trials with the following established  companies  SOL  Telecom and  Amazonia  Publicidade  Ltda  with  the  aim  to deliver a white labeled interactive OTT managed service into to the region of Brazil. 

The company's Heads of Agreement with PT. PGAS Telekomunikasi Nusantara to deliver white labeled interactive OTT managed  service into to the region of Indonesia, is taking momentum with the start of field trials with leading mobile operator SMARTFREN. 

The  Company  confirms  the  Short  Form  Cleansing  Prospectus  is  being  prepared  and  the Company will lodge an application with the Federal Court of Australia seeking urgent declaratory relief and  ancillary orders relating to the issue of securities and the subsequent offer for sale or sale by subscribers to  those securities. The Company will seek orders declaring that any offer for sale or sale of the securities from  the date of issue of the securities until 28th November 2016 is not invalid by reason of the sellers failure to  comply with s707(3) of the Corporations Act 2001. 

The securities of TV2U International Limited will be suspended from official quotation immediately pursuant to listing rule 17.3.

The suspension of trading in the securities of TV2U International Limited will be lifted immediately, following the release of an announcement by the Company.

NPBB GROUP, LLC through its subsidiary Toomai Broadcasting Telecommunications Corporation Ltd has selected TV2U to provide its OTT service.  Toomai is a new business with NPBB GROUP developing this business over the last 2 years. This service provision will be for a bespoke white labelled cloud"based interactive OTT/IP managed services as its provider for the delivery of international and regional linear, on"demand, and Karaoke content. TV2U will deliver the ultimate personalized interactive entertainment viewer experience through real"time viewership and social media analytics.  

The company lodges its Preliminary Final Report.

The securities of TV2U International Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement.

The suspension of trading in the securities of TV2U International Limited (the "Company") will be lifted immediately, following the release of the Company's responses to ASX aware letters.

The company issues a response to ASX aware letters.

The company makes a clarification announcement regarding the company update in relation to the Sunfly joint venture. The Company wishes to clarify that the revenue potential to TV2U assumes a minimum of 100,000 subscribers take up over the 18 months, with a churn rate of 30%.

The company issues a response to ASX Price & Volume Query.

The company provides an update on the following: Sunfly; cost effective service delivery strategy; application name change; other agreements and its loyalty option entitlement issue.

The securities of TV2U International Limited (the "Company") will be suspended at the commencement of trading on Friday, 13 May 2016, at the request of the Company, pending a response to an ASX Aware Letter

TV2U International Limited (formerly Galicia Energy Corporation Ltd) (the "Company") will be reinstated to official quotation as from the commencement of trading on Tuesday, 9 February 2016, following the Company's re-compliance with Listing Rule 11.1.3 and Chapters 1 and 2 of the ASX Listing Rules. Security Code: TV2

name changed from Galicia Energy Corporation Ltd