Simple question:
Why is your communication so poor, in every aspect?
Simple Answer. The way YOU talk to me, is the way I talk to you. I don`t like to talk with anonymous accounts, haters or people not intrested in our work, only intrested to disrespect others or spread lies to grab some shares cheaper. All real investors can call us at any time (and use that option daily) we have a great nearly 24/7 support for real investors or customers. Have you ever called us or written with a non anonymous account? linkedin, xing, facebook, wherever? No, you did not!. So your kind of communication is poor..not mine.
You had years and you obviously knew about all the problems and still you never managed to participate in the mentioned forum (
www.wallstreet-online.de) or did address the most pressing concerns with a few statements. I mean you treat your existing shareholders like shit.
by the way. Its not allowed to answer questions in wallstreet online for an CEO. I tried so years ago and was blocked.
Puts you in a bad light. Right now you pretend to care, but when you got the money this is likely to change. I mean in three years there was not a single reaction by you in in the forums where your shareholders were asking themselves what's going on - and here you respond within 24 hours? Wow. Just wow.
See above. I was blocked by wallstreet online. Years ago, we had an investor forum to answer questions, but it was not used only spammed, so we closed it. We have a facebook-Site, did you ever ask a question here? We have email. when did you send a question, which was unanswered? never! Same for phone. Why do we have best relationships to all shareholders, except you "Apfelbonusmeile/AppleExtraMile"?
A federal government states that you faked numbers in your reports.
Untrue. Years ago, our lawyer AND the auditor forced (!) us to post the damage claim into the balance. Otherwise we would hide an important claim value. Now another supervisory auditor said the opposite, so we had to correct that !
Its far beyond "Fake". BTW: 4 different independent auditors over 12 years had a different legal opinion than this single supervisor auditor.
And all you do is publishing this statement, without any explanation, commentary or apology? (Talking about this:
https://www.pressetext.com/news/1528111740471 - It's basically saying that TCU added 412.000 Euros unrightfully to their balance sheets and by doing so they faked their financial health. Quite a serious accusation for a company that's traded at the stock market and now tries again to acquire money from investors.)
Its forbidden by law to add our legal opinion. The text message for that adhoc message was written by Bafin. Not only the meaning, we had to publish it WORD by WORD exactly like Bafin told us. We had a complete other different legal opinion. Like the 5 auditors of us as well. Its forbidden by Bafin to add our legal opinion. We were forced to tell it exactly as Bafin gave us the message ! We had to say, that this IS OUR legal opinion, which it was never. I can send you the emails and letters between us and Bafin. Its quite simple: Our damage claim against RTL Broadcaster was about a million €. So bringing in 400K into the balance is fair treatment against shareholders. And that was not even our idea! The 2015 auditor told us, we have to! Otherwise we would hide an important fact (a benefit) and shareholders can claim they wouldn`t have sold a share knowing about that claim. As far as I remember that claim also meant to pay profit taxes as well in that given year ( I am not sure, I guess it was 2005, when we have succeded against RTL at the BGH and started to prepare the damage claim battle)
Also things were announced and never released.
Wrong! if we announce something, we also release...
Any company with dignity would have officially cancelled things at some point while giving a reasonable explanation about the circumstances.
We cancelled a lot in our long history. The average of vc-market or innovations of big companies (new products) has a failure rate 9/10. Our failure rate in new products is approximatly 3/10. Most products failed due to a lack of marketing budget due to failed capital increases. No new capital (support by shareholders)->no marketing budget-> even a top product can fail. As you know, our capital was after IPO the same as before, due to "dotcom" crash 2000. Other companys with "professional" CEOs simply would close such a company (in 2000 all our competitors did so, metabox etc.) . We did not. We stick to our company.
Especially when knowing that share holders are still discussing it. Not so much TCU. There was just silence.
see above. I explained why we do not use Wallstreet online for chats. Most of the chats are asking for unpublished future plans. To talk about before an adhoc message is also forbidden by law. And in former times we did a lot of adhoc messages to keep shareholders up2date. This ended as Bafin did also forbid that and named it "abuse of adhoc message system". Yes you are right. Since then our adhocs are not as often than before.
You guys are utterly bad at communication and even worse at admitting mistakes or failures.
See above. With respectful non anonymous shareholders we have very good relationship. And we admit failures very often. It was a failure to trust the legal system in germany, to trust in independent judges etc. we learned our lessions, as well as Berry Diller did with aero.tv in the states :-))) when it comes to disruptive game changing media technology, don`t trust the government... it depends on that industry..the broadcasters are very powerful..
Interesting point is that asking valid questions plus having arguments about pressing concerns is "spamming" now?
repeating the same wrong facts over and over is spamming. First question is always ok. Your "questions" are not new. They are all answered hundred times in wallstreet forum by real investors. If you still think we are gready ,its your personal opinion and ok. Repeating it over and over is spamming. In this forum you name yourself an Investor, but in Wallstreet online everybody can read that you don`t have a single share.
BTW: Why are you such a hater? dissapointed shareholder? when did you invest? 2000?
Tells me a lot about you and how thin-skinned you react to critics.
I answered all your questions. Yes, if you name me gready, its personal. I could easily show you, that salary is probaly the lowest of all CEOs at regular market. I know, you know the facts.
Especially while referring to the own product as "great technology".
Cause it is. I give you an example: as we developed live peer to peer tv transmission, this great innovation was honoured in an "the new york times" article as "great product". German newspaper (Bertelsman group?) named it "impossible". We did it. And more than that. We were a year ago one of 2 companies worldwide supportingVC9 in HTML5 . The other one was backed up by US Venture capital with lots of mio. of dollars. Is it my fault, that germany has much harder access to capital? That high tech is better honoured in US? or Compare the german ICO market with the US ICO market. Overregulated!!
As great as the "TeleFairy" perhaps - "the worldwide unique TV-Ad-Blocker and 8 other brilliant devices in one"?
As we introduced the Telefairy v1 2000 this was the right product for the right time.We kept our promise to bring that product to market. But the market has changed, satellite receivers are not as common as 15 years ago. Our product is now more suitable for an app. As soon as Samsung or other gatekeepers allow our app in their market, things can change...TV blocker are not a technical product anymore, its a strategic decision. (see apples announcement of the "Ad free" TV, did it ever came to market? :-) TV landscape has changed in the meantime and over the years we were illegally stopped.
Wasn't so brilliant at all, was it? If anyone is interested how a dead product looks like:
http://www.telefairy.com/ - made by TCU.
Again wrong. Its working quite well. Me and my kids do not consume advertising. I use the box on all of my TVs :-) But your are right, sales are so low (we went on market without a marketing budget), we don`t develop on it anymore (with small exemptions) since 2017, when we started UltraUpload.io development.
Look at their history, look at their products and there may be doubt.
With UltraUpload-ICO means we finally have a proper marketing budget. We learned our lessions. Thats why we trust in clever offshore investors and not in slow german market.. ask yourself why "our Facebook" failed ("Wer kennt wen", by the way coded by a former TC developer) and not the US-facebook.