Listen, I be the first one to push the stock up since I been long term investor for the last 4 years. I lost half of my investment in 6 digits with CTEL and now HKTV.
I'm still holding until evertything is played out. I thought HKTV would get the license for sure. Well that is not happening! So what's the next for Ricky Wong and HKTV?
For all your rumors about HKTV taking buyout at $20 is ridiculous. First of all HKTV, they need to preserve
cash. Thats their number one priority now! That is why they laid off 300 employees after the news.
So your rumors doesn't add up. Second, HKTV is in tough position right now. They have the content but not the distribution channel. The total value of HKTV content and assets command is unknown.
I wish your rumor is true. So I can make some money. but its very hard to believe.
I think Phil Fan is the right executive to correct previous CEO mistakes and strategies. The last two years for TRIT has been disaster to say the least. The management burned lots of bridges with institutional and retail investors. They couldn't control cost and accounts receivables. I bet my house on TRIT. Now, I live in a tent. Go figure. It amazes me TRIT can't make any money off Chinese and India water, sewer, and pollution problems. What ever happened to exclusive licensing with HTI forward Osmosis waste water filteration and personal portable water fileration? No revenue after three years signing the licensing agreement. Last year Trit signed an exclusive licensing agreement with Australia water irragation system. And no sales so far?
What is up with TRIT?
They can't win any sales even they expand sales staff?
Account Receivable has risen due to large revenue contract has completed by end of this year or early first qtr next year.
If TRIT can collect A/R sooner than later and with another 20 million sales will push the stock above $4.00/share.
Lets hope Phil Fan has the balls to clean up the mess and pull TRIT from going bankrupt.