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That would explain a lot.
Very true we don't, but there are clues to the future based on the actions of the company officers. Though in the same way, no one knows that this company will succeed or be able to avert their own fiscal cliff. Based on documents, we know they are in trouble. The actions taken in the second half of 2012 tell a darker tale. So anyone stating buy buy buy, never sell, is only fooling themselves and others. So the decisions of individual investors have to be based on the facts known and the historical financial documents. So now looking at all the evidence, what we do know is that the possibility of failure is much closer than success.
The point is TEVE is not one one of those. And dividends are not payed by all companies even successful ones, assuming teve will pay dividends is naive. They'll be lucky to still be in business a year from now, of course how will you know, no reports.....and still on the short kick???
It's always been a pink sheet, look at your level 2, nothing has changed other than no longer reportable company and the've been demoted a step.
Really?? Did you read the article, they are only looking at companies (2010), that had a market cap over 50 BILLION. There is NO comparison. Using data from Capital IQ and Thomson Reuters, we screened for well-known, large-cap foreign companies (minimum market cap of $50 billion) listed only on the Pink Sheets in the U.S. that are outperforming the S&P 500 so far this year.
Dividends?? Again Really?? You say "IF" the plan is to become profitable, so now you aren't even sure, and why would a company pay dividends?? Because they have excess cash, this company will never have excess cash, first and foremost any cash they do make, which I doubt, will go to company officers, pay down the dividend debt they owe, or at a minimum, fund some sort of R&D. Dividends?? Not a chance. And again, there are no shorts.
Ok so now reporting to the SEC is worthless where before it was a main reason to stay with TEVE. I'm sure I can find many quotes here that state: "This isn't your normal pink stock its otcqb and a fully reporting company." So now that they've stopped its worthless??
Let's see, massive reverse split, pps down over 90 percent, company layoffs, interest that is not being paid, shares deregistered, company losing money every day, no financing, now an official pink sheet stock, how can the shareholders be as you say? Winning?? And interesting for one to claim to be privy to a private conversation between Directors and know what MR. Lenfest did based on that conversation. So now Mr Lenfest pulled his backing after so many years because of Joy?? If so, for one that can't spell computer, she must have had a very good argument. Maybe Mr Hume was involved in that conversation too.??
People who own this stock are the bigiest winners in history.
So how do you propose letting potential investors know the financial aspects of the company? Now they rely on old financials?? No updated financial information available equals no more buyers equals continued stagnant pps or continued decline. Oops, forgot, no more available shares unless someone is selling....decline decline decline. Good Luck with the pinks.
It's now official:
Sat, Dec 29, 2012 12:00 - Telvue Corp. (TEVE: OTC Link) - Tier Change - The symbol, TEVE, no longer is classified as OTCQB. As of Sat, Dec 29, 2012, TEVE resides in the OTC Pink Current tier. You may find a complete list of tier changes at otcmarkets.com.
Do you really believe the CFO will give out information like that? If that was the case, SEC filings would continue. The option of selling due to lack of finances has been discussed numerous times since the reverse split and Mr Lenfest discontinuing financial support. I believe speculation is all anyone has though I do use the SEC filings for educated speculation, and to this point have not been proven wrong. But since no further reports are going to be coming forth, all you have left is speculation, not a good investment strategy. Same as other stock we've discussed.
So I look forward to your speculation on why unsold stock has been decertified, why no more SEC filings, What Mr Hume is doing and why. Bottom line is they know what they are doing yet they are now refusing to let the investors know what that is. Good luck in 2013
Remember there is a difference between earnings and profit, will take a miracle for this small company to obtain that.
I believe Mr Hume was brought in for a purpose, to drawdown this company for an eventual sale.
First the reverse split, knowing the pps would fall, then the layoffs of personnel, stopping as a fully reported company, and now the deregistration of unsold shares - less shares to buy for new company, but any company looking to buy may only want the servers, they may not want the PEG portion only the items that support the data farm. So many possibilities to piece this company out and get something back to the primary investor, the rest will be a tax loss. If you think that Mr Hume and the CEO don't know what they are doing you are mistaken. They know exactly what they are doing. And nothing can be seen as positive for the shareholders since Mr Lenfest stopped his financial support.
Of course you will never know as you will no longer see a financial report. Wonder what the next annual shareholder meeting will consist of....if they have one.
Don't forget the statement on their recent report that stated:
any of the Common Stock registered under the Registration Statement that remain unsold at the termination of the offering, the Company hereby removes from registration the Common Stock registered under the Registration Statement that remains unsold as of the date of this Post Effective Amendment No. 1.
So much for waiting for the next annual report. Looks like money issues continue, no funds for SEC filings, no need now to report any financing activities, S-8 filed - not good,Securities deregistered, 8K filed - not good. Holders of stock = 244 not good. Looks like they could not get the 250K in funding they were looking for and no capital financing. The only thing that Shareholders should be looking for is the sale of this company to a solid one that has the capital to continue funding. But would you buy a company that continues to show a loss? First it was PEG, and that has seemed to be forgotten, in place of PEG is the cloud with only a handful of clients. Enjoy 2013.
It means retraction, and what revenues, I've seen nothing published as to the contractual representation of any form of payment or service for any of your new contracts. We'll see in the annual report, until then Merry Christmas and have a Happy New Year. I'll be back when the report is published, unless there is a for sale sign on the front door, or secondary offering.
How about a link so we can read it. TEVE is getting rid of employees not hiring.
and I didn't see TEVE mentioned at all, so another BS article trying to relate the macro environment with a very micro company. Nothing to see here, unless you own Google and use their Google Apps which is mentioned on more than one occasion. Thanks for advertising for the competition.
Now what does that have to do with the fact that TEVE trades on the pink sheets, proven as such, yet another deflection into vague and immaterial subject matter, TEVE has yet to prove anything other than the willingness to take the investors down with them, I guess some just get used to being wrong all the time. No wonder there are no insider buys, they know what is really going on. I wish Jack the best of luck, especially after the massive lost in CPOW.
Hey QTIP, take a look at your level II posts, what is next to the symbol TEVE????
Also look at any of fourkids9pets Posts where the daily transaction total is listed, what does it say for stock exchange.
another close comparison to that "other" company whose CEO tweeted alot into oblivion. And have 4kids9pets post another transaction where it specifically states that this stock trades on the pinksheets. Reporting or not that's a fact.
Yes but this time, It specifically addresses the financing ability or lack of ability to obtain the line of credit necessary to continue. So don't feel bad if they can't get the money and go another route.
From the 10Q, much more plausible a scenario than the one you provide.
Prior to January 1, 2013, TelVue expects to have a revolving line of credit in place which it expects will provide up to approximately $250,000 in funds. TelVue believes that the above steps, in conjunction with continued sales growth from cloud services, will provide it with sufficient funds to operate for the next 12 months. However, there can be no assurance that the Company will be able to obtain this line of credit on feasible terms. In this event, if anticipated sales growth from new products and services is not achieved, the consequence for the Company’s liquidity and its ability to operate would be adverse.
And you do realize September was included on the last 10Q, I see no windfall that month. Unfortunately for the investors the 4Q is included in the Annual Report due 90 days after the end of the year. Long time to wait for more bad news.
If they are doing so well, why are they laying off people?
Get serious, if that was the case, the other cable companies would be paying the same and they are not, also they would not be looking for capital financing or a line of credit, if all that money was coming in; and if it was getting a line of credit knowing the money was flowing in they would have one by now. But they don't have the funding, they don't have a line of credit?? And if they were getting all that money, where is it mentioned in the last notes to shareholders in the 10Q, those forward looking statements?? NOPE, nothing.
Now additional info that TEVE falls into: Maybe this will help
Definition of 'Illiquid'
The state of a security or other asset that cannot easily be sold or exchanged for cash without a substantial loss in value. Illiquid assets also cannot be sold quickly because of a lack of ready and willing investors or speculators to purchase the asset. The lack of ready buyers also leads to larger discrepancies between the asking price (from the seller) and the bidding price (from a buyer) than would be found in an orderly market with daily trading activity.
Investopedia explains 'Illiquid'
Some examples of inherently illiquid assets include houses, cars, antiques, private company interests and some types of debt instruments. On the other end of the spectrum, most listed securities traded at major exchanges, such as stocks, funds, bonds and commodities are very liquid, and can be sold instantaneously during regular market hours at fair market price.
Illiquid securities carry higher risks than liquid ones; this becomes especially true during times of market turmoil when the ratio of buyers to sellers may be thrown out of balance. During these times, holders of illiquid securities may find themselves unable to unload them at all, or unable to do so without losing a lot of money.
Read more: http://www.investopedia.com/terms/i/illiquid.asp#ixzz2EfJ6lYDg
Maybe this will help you:
Definition of 'Liquidity'
1. The degree to which an asset or security can be bought or sold in the market without affecting the asset's price. Liquidity is characterized by a high level of trading activity. Assets that can be easily bought or sold are known as liquid assets.
2. The ability to convert an asset to cash quickly. Also known as "marketability".
There is no specific liquidity formula; however, liquidity is often calculated by using liquidity ratios.
Investopedia explains 'Liquidity'
1. It is safer to invest in liquid assets than illiquid ones because it is easier for an investor to get his/her money out of the investment.
2. Examples of assets that are easily converted into cash include blue chip and money market securities.
Read more: http://www.investopedia.com/terms/l/liquidity.asp#ixzz2EfIMvd00
I guess some don't understand the need for liquidity and volume for the stock to rise or fall, and that's a shame. Secondly, the presplit price means nothing as the current ask is 15 dollars, a lot more change than 7.5 cents. And for what, buying shares into a company that may not be in business this time next year. Of course for those that lost hundreds of thousands of dollars since the split, I understand the need to ignore the basics and try to make this company look the best. Mr Lenfest had one success and made a fortune, it seems his current ventures are a bust and falling further into the abyss.
I lost not a cent on the other one, I warned people for months just like I'm doing here. I get my information from TEVE's financials, and even their website, not much new, not many cloud customers, and the competition is enormous. Of course you say TEVE is the best in the world, wonder where you get that from, the TEVE website?? An award from some publication no one has heard of?? No the financials say it all and will continue to tell the true story.
And when you don't make a profit, no bank will give you the money, and you either sell your company or file for bankruptcy, oh yes and no one wants your stock especially if its on the OTC
and still no link to any of your stories
And tell me how much money TEVE is making from this partnership? If you can't nothing matters but the financial reports and they only show a company burning cash with little hope for financing to continue operations throughout 2013. It's been almost a month since the quarterly report was released that stated they were looking for financing, and yet here we are going into second week of December and nothing.
First one month to wait may be all teve has if they don't find the funding, second "my" stock is a 5 billion dollar company, so there will be no comparison. When do you foresee a "winning" quarter? And if they are the best and the leaders with the "software that rocks" why can't they make a profit?? Good luck with the liquidity issue, the stock pps is going nowhere. You also say 55,000 well subtract your 7200, and what the other management personnel own and what's left, can't be too much more, thus the stagnation.
Streaming video is on fire and the talk of the town right now?? Not anywhere else but this board do I hear anything in the public forum about streaming video. Again, I wish you good luck, and yes you'll need it.
Post the link so this can be read in its entirety, TEVE first in broadcasting?? snow job by someone, there is no context to your post.
Maybe so, but what I post is backed by facts. How people choose to interpret is their own problem. But again you deflect the point. That's ok, I'm sowing elsewhere, and reaping the harvest.
Though this does have similar inferences to another stock that one used to be the moderator for? and we all know where that is today. One losing stock after another cannot be easy, and unless TEVE finds the financing, the building is all they'll have.
Millions on the server farm? How, as technology increases costs go down, storage farms have been around for years, the only thing TEVE has that's different is their hardware, and that is still a losing entity. I can put video's on you tube for free, accessible anytime, it's the programming capability that may make teve a little money but not much, and still the cost of those revenues exceed the revenue.
Again I'll ask for proof that there are shorts? Have YOU contacted TEVE's transfer agent??? They should know exactly the amount of outstanding shares etc etc
So either you don't understand the cloud concept as nothing new or you've fed into the PR hype of this company. Sad either way.
Maybe you can explain what the cloud is and how it differs from any basic internet storage system as we currently have. And how you expect TEVE to actually make money with the "cloud". The "cloud" does not make them money it's their hardware/software that does it, only utilizing the internet as the storage facility for the information being programmed and sent. No money in the "cloud" itself. If TEVE wants to have a server farm more power to them, but it's not going to make anyone rich and sure isn't a new idea.
Have no idea what your point was, as usual. But to reply to a few of your comments:
Management has picked up options rarely and the reason is the same as I have been hearing for many years and quite true. "We are a very small company and many things are discussed about the business that people over hear".
"It is much better if people stay out of the market".
As far as Jesse and Paul are concerned If they thought they needed a pay cut one would be forth coming in a heart beat.
They are growing their company and it's working quite well.
I'm not real sure that they think they need your advice.