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Viva Entertainment Group Inc (OTCMKTS:OTTV) Stays Hot on Amazon Announcement

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Viva Entertainment Group Inc (OTCMKTS:OTTV) is sporting a strong five day run after news that the company’s VivaLive Tv is now available on the Amazon Firestick. Traders have been reacting positively with the stock closing yesterday up 26%.

OTTV has been drawing a lot of attention because of its recent debt restructuring and now integration onto the second largest streaming platform. This news follows the announcement that the same VivaLive service is also available on Roku as well.

Viva Entertainment Group Inc (OTCMKTS:OTTV) bills itself as a global entertainment and technology company connecting content owners and video distributors to deliver premium content on any smart device with a screen.

Viva has developed an OTT system through which television services are delivered using the Internet protocol suite over a network such as the Internet, instead of being delivered through traditional terrestrial, satellite signal and cable television formats.

According to company materials, “OTTV. is a global entertainment and technology company connecting content owners and video distributors to deliver premium content on any smart device with a screen. VIVA has developed an OTT system through which television services are delivered using the Internet protocol suite over a network such as the Internet, instead of being delivered through traditional terrestrial, satellite signal and cable television formats. VIVA, your entertainment partner, provides subscribers access to the content they want anywhere, anytime. With a WiFi connection our customers can watch Live TV from around the world, TV shows, as well as movies on demand, Tele-video conference and many other interactive features. Independent and major film studios, television networks, Telecoms, Cable Companies, and emerging ISPS partner with VIVA for enhanced capabilities in multi-platform video distribution. The only true end-to-end provider of premium content technology services, VIVA looks to license and deliver to traditional and OTT video distributors across the world.”

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About the recent deal, Johnny Falcones, CEO comments: “VivaLive TV is now integrated with two of the largest streaming providers in US: Roku and Fire TV. Combined, both platforms provide Viva with access to a whopping 43.3 percent of connected users in US. Integration with Fire TV will bring many advantages to the VivaLive TV users including all-new voice assistant feature which will drive up and expand user base as smart home solutions became more and more popular.”

Viva Entertainment Group Inc (OTCMKTS:OTTV) has seen a strong rise since late June and attention is amassing on this subpenny stock. The company has seen volatile action in the past but the volume here now is at peak levels. A few days over the last 40 days have seen plus 926MM shares trade hands. The pre-revenue company is currently carrying a 17.67M market cap with 926.81M shares out. We are watching this stock carefully to see where the numbers will lead us as the business plan unfolds. For continuing coverage on shares of $OTTV stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!

Disclosure: we hold no position in $OTTV, either long or short, and we have not been compensated for this article.

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