NEWPORT BEACH, Calif – Art work from Pablo Picasso and emerging superstar artist Philippe Bertho will be among items for sale on May 15 when Wi-Fi TV Inc. (Pink Sheets:WTVN) brings live Internet TV to the multi-billion dollar online auction sales industry (www.Wi-FiTV.com).
An engraving from 1962 by Pablo Picasso and a recent work by Phillipe Bertho are the first two items announced for the groundbreaking blend of an online shopping cart and live Internet TV video with live chat.
The auction is the first of what will be monthly auctions on a variety of topics. All the auctions will be at www.Wi-FiTVAuction.com.
WI-FI TV REVENUE AND USERS
Wi-Fi TV will generate revenue from the auctions from one or more of the following: Seller’s fee, Bidder’s fee, and/or revenue from the sale of a Wi-Fi TV Auction station. Wi-Fi TV is expecting to net at least 10% of the sale price of each item or, alternatively, to generate an average of $100,000 in gross sales for each Wi-Fi TV Auction Station sold. Wi-Fi TV also expects to increase its number of registered users with each auction, and building market share in the Internet TV category is part of Wi-Fi TV’s plan to increase its corporate valuation.
ABOUT WI-FI TV
Wi-Fi TV(TM) is a pioneer of TV on the Internet. Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995.
Wi-Fi TV Inc. provides Social Internet TV(TM), a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster.
The Wi-Fi TV website (www.Wi-FiTV.com) is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a free dialer and make phone calls and host live video parties all on one website.
The Company was launched in 1995 and has been publicly traded since November 1997.
For information on purchasing a Wi-Fi TV Station, send an email to [email protected] or call 949-675-5011.
