Wall Street is happy with Fed’s “management” of soft landing economy – Also a OTC stock called Wi-FiTv.com
Today investors were happy including wall street with the Fed’s holding the rates unchanged and applauding Feds for “managing” the economy well even though the Feds caution investors ahead. Rates stay unchanged at 5.25% made the market go up after final decision was made. Many stocks have been beaten down and I feel one that will gain a lot from this will be Catepillar Inc (CAT @ $64) with a profitable quarter and positive outlook with economy.
I just recently have been viewing Hawaii’s craigslist.org for extra part-time income for my spare time when I get back to save more. In the sales jobs I found a sales opportunity for selling online Wi-Fi Tv channels at $25,000 a pop!
Seems expensive but could be very cheap if this site would become the number #1 for Wi-Fi Tv downloading on wireless laptops, PDAs, PSPs, and Cellular Phones. I checked out the site, the publicly traded company on the OTC pinksheets OTC: WTVI.PK, and CEO. Bad things are its financials with a lot of liabilities and debt. Positives are if it could gain market share in the online TV generation it could be bigger then uTube.com offering actual Wi-Fi Tv to download and watch anywhere. Currently after a 1:500 stock split (truly bad) this stock tanked and lets say its original investors lost a great deal of the money they invested. Now the stock just sits dead smashed at less than a penny @ $.003
Now this could be an opportunity with the company pushing a new sales force to sell the site and channels and working on website traffic the companies stock is very speculative. Owning 100,000 shares after commissions would be a very low risk investment even if you lost all your money. Say the CEO and company does just one thing right and your investment could easily be worth a mega percentage more while the company grows and starts to pay off liabilities to become profitable.
Wi-FiTv.com is something in the near future. uTube.com has already made uploading videos and watching them possible, trendy, and sold for billions of dollars to Google.com. Now to actually have a trendy Wi-Fi Tv service I think its going to take a lot more dedication and shows users are actually going to want to watch. Right now Wi-FiTv.com is just personal shows with some small bits of real tv news programs like Bloomberg.com and webcams.
It is currently trying to sell channels at $25k a piece for advertising or charity? Give me a break! Users don’t download advertisements to watch! This is where I’m confused and think the company is going to have a road block. I think the right thing would be selling $25k advertising Ads and making all the channels frees. Making millions of channels somewhat like uTube, but more geared to shows, talkshows, podcasting, and events and let users search what they want to watch and have advertisers pay to be in that main area with their specific unique product or service. Now that would make more sense. I’m going to talk to a sales rep selling channels. I’ll see what he/she has to say and see if I can actually view Wi-FiTv.com on my Sony PSP game sole which is Wi-Fi capable.
I need to be sold first before I invest even $100 into this company. If all these channels presently on Wi-FiTv.com paid $25,000 a piece for a crappy show or wi-fi tv advertising I’m going to be blown away because it seems like a waist of advertising money at this point. After viewing the channels as a free user nothing makes me want to use the service or watch it because theres nothing interesting on the site.
Once I get more on the scoop of WTVI.PK I will be sure to post something new good or bad about the company.