The Clock is Ticking for Viva Entertainment Group Inc. (OTCMKTS:OTTV)

1585

We’ve been coming back to Viva Entertainment Group Inc. (OTCMKTS:OTTV) routinely over the past few weeks, with the point of focus last time being the reduction in debt that the company achieved along with some operational updates on its ‘over-the-top’ (OTT) live streaming television app that delivers programming on any smart device or computer.

The VIVA live App contains Live Premium TV such as ESPN, ESPN2, TNT, Fox, Fox News, NBC, CNBC, MSNBC, CBS, TBS, Lifetime, MTV, BET, Telemundo, Univision, Cartoon Network, A&E, Animal Planet, AMC, Discovery, Comedy Central, Disney, E! Entertainment, FX, CW, History Channel, Lifetime, My Network, National Geographic, OWN, PBS, Spike, Syfy, USA, The Weather, Channel, Bravo, HLN, ION, CSPAN, VH1, Nickelodeon, Food Network, CMT, Hallmark, TLC, HGTV, QVC, CNN and ABC .

Viva Entertainment Group Inc. (OTCMKTS:OTTV) unveiled its Premium Movie Channel Package consisting of HBO®, SHOWTIME®, CINEMAX® AND MOREMAX® premier channels.

The Company is pleased to offer this entire package to all current VivaLiveTV customers at no cost for the next thirty days. The new subscribers will have 3 days to sign up and become eligible to receive same special offer. This package is available for purchase at monthly rate of $28.95.

 

 

Johnny Falcones, CEO, proudly adds: “VivaLive TV has been focused on creating the best viewing experience for its customers and shareholders. Just in past 10 days, we had expanded our platform with such new viewing options and features like integration with Roku®, Amazon Fire TV® platforms and launching a DVR functionality. An addition of premium content such as HBO®, SHOWTIME®, CINEMAX® and MOREMAX® confirms that Viva is well on its way of becoming the golden standard of the OTT industry. I am very proud of my management team and very thankful to all customers and shareholders. It’s a great feeling to see how Viva is moving towards becoming the best tv streaming platform in the market.” (Source: PR Newswire)

Probably one of the primary draws to OTTV’s streaming service as a cord-cutting option at the present time would be the fact that the service functions using Amazon’s FireTV platform as well as the market-leading Roku devices. It puts the company in a position to make the VivaLiveTV service as accessible as possible. Methods of detaching from traditionally delivered cable products are becoming more and more diversified and widespread, but any good attempt at providing such a service definitely has to go through those two popular methods to be taken seriously in the marketplace.

The company also recently reported that it had received a confirmation from OTC Markets of an extension until August 29th to cure the Bid Price Deficiency directly related to maintaining OTCQB status.

(Source: PR Newswire)

With a current price of less than half a penny per share, if OTTV can get its share price back to the OTC Market minimum bid requirement for its upper-tier OTCQB exchange of .01 per share, it would spell gains of more than 100% from the current juncture. The listed deadline is less than three weeks away, so it will be an interesting storyline for us to follow for the remainder of the month. Failure to re-attain sufficient pricing could mean a downlisting within OTC Markets to the pink level, so we’ll want to stay on top of this one. Just stay locked to Street Register for updates, and we’ll deliver important developments on OTTV as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!

 

Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in OTTV stock, short or long.

 

LEAVE A REPLY