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And Yet there is more:
Jen Juliano, Technical Operations Support Engineer TelVue Corporation, Departed Telvue January 2013, she's now a Network Specialist at Labcorp.
Jennifer Mannon, Award Winning Senior Multimedia Designer
TelVue Corporation departed in 2012. Month of departure not listed. She is now Sr. Multimedia Designer at Premier Dental.
Sekou M. Doumbouya, Director of Network Operations at TelVue Corporation, now Senior Systems Administrator at LiveOps. Departed April 2013.
Randy Gilson, Vice President Technical Operations at TelVue Corporation, departed Telvue September 2012, now seeking work as Experienced Telecommunications and Network Professional.
That's what happens when you fail to get financing, and continue to burn through cash, Telvue is now a skeleton of what it once was. If I owned shares I'd be worried. Good luck to you all.
Another Departure, Mark Myslinski, Former Director Systems Engineering Cable and TelcoTV departed Telvue December 2012. He's now Media Product Development Manager at Intelsat.
So how many is that now?? Wonder who else departed. Not looking good for the home team. Major TEVE players gone.
Thought someone would pick up on this but I guess not, remember the PR where Telvue announced that Madeleine Noland Chairs the ATSC Group and how proud Telvue management was? See the PR dated 22 Jan 13. She left Telvue a few weeks later and is now: Consultant, Standard Technology and Development Team, Convergence R&D Lab at LG Electronics. PR's mean nothing, but you knew that!!
Now that's comical, so no one can buy their own stock?? I'd like to see that memo. Ever hear of stock options?? That's as good as the comment about the waiver to view the financials, or the shorts will pay, or.....but doesn't matter now as no one is buying, there are shares being offered (no not short shares) and still NO ONE is buying. Oh the craziness continues.
Now why would I buy now? buy on the rumor sell on the news?? Any word on why the top managers/VP left? Annual report almost 2 months late, quarterly report due. Spread astronomical, no insider buys, illiquid stock, no positive verifiable financial information since inception. Anyone who does not already own this stock, will not buy. Remember if it was such a great deal, don't you think insiders would have bought by now?? No one has give any reason to buy, its all about the shorts, not a good investment strategy, and PR's do not make a good reason to buy.
Fear is a terrible thing, to disavow the facts of Telvue, to concentrate on non existent shorts, to not see the truth, to know the company is dark and can't do anything about it, is such a waste of energy. To think everyone has a vested interest is also foolish. Some just like the sport of discussion, though for some reason the longs don't want to discuss anything but the shorts. As far as bankruptcy goes, those would be the ones that stated "going to see what else I can sell to buy more shares". and "I'll buy 100 shares for each negative post". No one would ever want the company to fall into demise as that would make all shares worthless, no one wins then. Wonder how many phone calls the longs have made asking about the layoffs, senior management departures, lack of financials. Probably none, but since you have to sign a waiver before you can call.............too funny. Have a great weekend.
No they haven't seen it, Qtip stated he hopes in two weeks they will have financials, yet if not forthcoming he will find out whats going on. That was on another board, see below. Will be interesting to see what happens. No annual report, yet they expect a quarterly report? No discussion as to the facts because they cannot support the company in any positive way, so they continue to work the short conspiracy, which as we all know is non existent. Have a great weekend.
You're welcome Jack, Glad we finally see things the same way. I was tired of hearing about TEVE's Industry award winning software and that they are the best, which is not true and there is no facts to back that up. It was a false pretense designed to convince the uneducated to buy into TEVE. I've given Magazine and Page number where it proves otherwise, not only about who gave the award, but who is now seen as the best from that magazine. What's more important here is the fact that Another company has the award for cloud software, and this doesn't even include the other company previously mentioned here over the last week and their ever increasing sales, revenue and customer base not only here but globally. So again, thanks, Have a great weekend.
Sorry to take so long in clarifying but you are incorrect again, the Dec 2011 award was given by Communications Technology Magazine for digital headend equipment only. Not by the entire industry. And not just "reported in a magazine". They were again nominated in 2012 for the cloud software category against motorola, and since there was no announcement guess who won that one? See page 18 of the Oct '12 Magazine, yup, Motorola won. The "industry" says Telvue is NOT the best. Also Harmonic Inc won the category for digital headend equip. But don't get excited over the nominations, you nominate yourself and pay a fee. Anyway maybe that was the beginning of the downfall, seems to be coinciding with other actions.
website is for below "quotes"
http://www.cable360.net/ct/ctplatinumawards_Oct2012/
Don't you like how they changed the subject and no one wants to discuss the mass exodus of personnel leaving. I'm sure not one of them knew that these departures took place. Next week should be the quarterly report, but since they haven't completed the annual report, I doubt you'll hear anything. Nor will their be a shareholders meeting, another cost cutting move. But again, what would they talk about? You can have a hold what you have and add when you can attitude, but if this was really a steal, shares would be going at the ask, and management would not be leaving. The theory by Joe, that they are continuing cost cutting by letting people go only emphasizes the financial hole they are in. If money was flowing in, they'd be expanding not retracting. But no one wants to discuss this.
Now that's funny, thanks for that. What is also agreed upon is no one wants to discuss the facts or lack thereof with TEVE or the mass exodus. That's ok, not anyone here. Last year TEVE filed an 8k on April 30th to announce their shareholders meeting. This year....Nothing but Silence. We can agree that that is bad. So why don't we agree that if reducing employees is good, maybe its time to get rid of the CEO, CFO, and Executive VP. Then there will be plenty of money for the Shareholder........ Too funny!!
Let me add two more names to this list that have departed recently:
Frank Priebe, National Sales Director for CATV/TELCO departed Telvue Feb 2013.
Madeleine Noland, Product Manager, departed Telvue Feb 2013.
No matter how you look at it this is not good.
Major players leaving: 1 in Oct, 1 in Dec, 2 in Feb, 1 in Apr. Add these with the previous layoffs that TEVE did announce, how many employees are left?? Why did they leave? Were they replaced?
Yes in ten years.
Fact: Most expected financials by now
Fact: Most expected improving conditions
Fact: Most unaware or were unaware of changes in senior management
Fact: Most do not know what is going on
Fact: There is no transparency
Fact: Future is unknown
Fact: No insider buys
Fact: No stock options exercised
Fact: High of 102 now 15
Fact: No long wants to discuss the facts.
Fact: Pink Sheet with other exchange years away if ever.
Opinion: Buying now would be foolish.
Opinion: No one reads this anyway so it doesn't matter.
I haven't seen one post where it tries to convince anyone to sell, but buying or not buying is in question. Why would anyone buy a company that has no information and zero transparency as to the health of the organization? Thus the lack of buying show's definitively that no one wants to own shares other than those who already do, those that have already taken a massive loss (on paper)as selling is truly admitting defeat. Hold what you have, never sell a share and in ten years you'll still have what you have.....memories,what-ifs, and a tax writeoff.
How do you know? How does anyone know? Do the shareholders really know what they own if senior management is leaving with none of the changes being passed to those shareholders? Are they moving forward?? Some thought the shareholders would have the financials by now, but no one reports bad news. And I'm sure the shareholder meeting, if they have one, will be the same as you reported last time, 5 minutes long and meaningless.
Cutting back on their workforce is one thing such as the layoffs already mentioned, but an exodus of senior leaders is not money saving, its desperation, or maybe those leaving know something the rest do not. Don't you think if this was a steal and a potential windfall, they'd stay? Yet no stock options exercised in years, only stock went to directors for showing up at shareholder meeting. Insiders not risking their money. So no, they are not doing anything right for the shareholders. No transparency, no financials, no information flow. But since most have lost upwards of 90 percent since the split, I understand not selling, that would admit defeat.
Good Luck
Very interesting if you go to Telvue's web page www.telvue.com and see their executive profiles, now down to three. CEO, CFO, and Senior VP for Sales and Marketing.
Daniel Pisarski former Senior VP of Engineering is no longer listed because he has moved on to another private company as Head of Engineering per his LINKEDIN page. He left Telvue in April 2013. Did someone take his place? If so no mention on the executive list on the website? No 8K obviously because they no longer report. Did anyone know this?, seems to be a major change, was there a PR??
Richard West who was Senior Director of IT at Telvue, but that only lasted 9 Months and he left in Oct 2012 for another company. Again no report because they went dark.
John Fell, past Controller, Secretary & Treasurer at TelVue Corporation, has also left. He departed in December 2012.
Donna Liu, the Director of New Media Services for Telvue, isn't listed as an executive but her linkedin site has her also listed as Chief Architect of ALLPRINCETON, so is she just part time with TEVE? The problem with going dark is lack of transparency.
Good luck to all who have left, I just wonder who remains.
.00?? on Fri
Your post has nothing to do with Mr Lenfest and even less about TEVE. Financials are on their way?? Like saying the check is in the mail. Good luck.
The countdown to what? I've heard "next tuesday" multiple times, I've heard when the "spit hits the fan", I've heard "wait til next quarter", "wait till the financials are posted". So what is the countdown to now?......I'd say TEVE is closer to CH11 restructuring bankruptcy or liquidation than anything positive. Good luck.
Because it would of had to come from upper management of which a phone call would easily confirm or deny the claim. Simple.
That's why I asked who would say such a thing, we all know that was bs and the fact that "I'm not telling" was the response show's its bs, all that's needed is a call to the company to confirm that was never said. Done!! Now I'm sure your recent question will get the same results, "I'm not telling" or "do your own DD". For a company to have shareholders sign a confidentiality agreement is ridiculous, can you imagine if the info gets leaked anyway, OMG what then???
so you are relying only on a perceived short conspiracy rather than fundamentals of a company? Good Luck, but you still didn't answer who told you that the financials would be confidentially released.
confidential, in the public?? now that's funny. Will everyone sign a confidentiality agreement?? again funny, and how do you propose future shareholders determine if they should buy or not without financials?? Again, very funny. I'd like to know who told you that.
You mean the 10K, the annual report, the quarterly report would be due 45 days after March 31st, but since they don't report anymore all you need is the audited financial statement of any kind. And what happened to all the "numbers" coming posts. You will be lucky to ever see a financial report as long as they remain in the dark.
Thanks Joe, yes this is an updated website, or so it seems, but most of the links do not work. Just the TV player itself, all I saw was commercials and no interesting programming. Still for a small online network, Don't see them paying much to TEVE. Good luck though. You'd think AMGTV would get rid of the other website as it was used as recently as this month..... Another week with no financials?? Until then, hold what you have because no one else wants them.
And make sure when you go to Telvues website you read the engineers blog of all the problems they've had.
Yet there are those that read a PR and think GREAT TEVE is now going somewhere, no the PR does not mention the type of company they are supporting, and not a good choice based on this companies website. Glad AMGTV has shown everyone how to make a light bulb Mexican, a little insensitive don't you think and now they partner with TEVE, I guess some people just don't get it.
Really?? How so, have you gone to AMGTV website yet??
Very true, one side is supported by facts the other side is supported by wishful thinking and rose colored glasses. The future will tell.
Better yet go here: http://www.amgtv.com/news/
Tells you how to make a light bulb Mexican. Not a company that has a large following. Also website has a 2010 copyright. TEVE scratching at anything they can get a handle on now. Oh to be associated with such fine companies.
Go to www.AMGTV.com and see what this company does, who they are and the professionalism of their website, They obviously cannot pay much for this service. They appear to be a production company of some sort, you again fail to see the reality here. Has nothing to do with ROKU's subscribers. Good luck convincing yourself that this is another major deal. It is not.
Who has ever heard of AMGTV??
and yet the pps keeps falling....
Until the PR's are legitimized....none. Has anyone gone to their offices to verify?? Called the offices?? Easy to talk yet most people invest in OTC by blind faith, PR's are nothing, hands on approach is what's needed.
Legitimate reporting companies should be reporting via 8K's, not pr's.
Learn from the comments, pumps and dumps make money only for the pumpers. All else lose money. Those that speak against pumps and dumps are normally ones that have lost money in the past and trying to warn others of the potential doom they face. GMEC is no different. Ask yourself, how did I learn of this stock, if it was through a newsletter via email or postcard in the mail, it is a losing proposition. Only buyers were the suckers who bought into the hype, as no one else knows about this stock, once the pump is over it is inevitable that the stock will go down. Charts and all the other BS is just that.
No reason to provide proof to you whether an official government site or third parties as anything that is in contrary to your beliefs or beliefs of others are immediately dismissed. No point. The future will hold the answer, and as the financials will show (if ever released) this company continues to be in trouble and will not be friendly to shareholders. No report for you that hold so many?? And yet you don't feel slighted at all?? The longs here believe all the hype, the PR's, the bs on the internet as long as it supports their argument but let someone else provide PROOF and nope its on the internet, or the government lies, or its all manipulated or its the bad bad bad men of the SEC. Cut your losses as that's what teve has done to its shareholders.
Still confused are ya. Xbox LIVE is what an xbox user needs to subscribe to,costs money to do that TEVE gets none of it, then they have to have the monthly subscription for neon alley through the internet provided by microsoft through XBOX live, of which TEVE gets none of it. All TEVE gets is the agreed upon contracted price that VIZ Media (parent of NeonAlley) negotiated for the use of TEVE's equipment, that's it. Even if you own an xbox, many don't have xbox live, many don't pay additional for Anime. The argument of this being a startup company is old and feeble, the XBOX argument is misrepresented by many. And yes add all this together and it is ludicrous. Another week and no audited financials. And yet there are those who think this is a good thing? Fools and their money have already parted.
and yet noone is buying. That should tell you something. Its not a good investment even to those who are "well heeled".
That's because the idea is ludicrous to say the least. Another week with no financial report, a surprise to some but expected by others. Not a good sign.