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For this company, the money has come from one person and a small amount of people that bought the shares at the IPO. If it wasn't for that this company, regardless of its past partnerships etc would have folded years ago. Now we just wait for the next financing method. Lookout for your new CFO to come up with another unfriendly deal for the individual investor. Thus the reason no insider buys, why buy a stock that will never make you money.
This has nothing to do with shorts as they don't exist in TEVE. And not sure what you are agreeing to, as there is no proof shorts or short trading is effecting TEVE stock on cent but for your sake if they did exist maybe they just covered 260 shares(52000 shares presplit) worth today. Too bad for the longs, its the financials that matter, nothing else.
Now the bid is lower, 10.10 the current PPS. Wonder what TEVE thinks of the new healthcare plan; with the amount of workers they have healthcare costs will sky rocket for them. The negativity continues.
History is repeating itself, same poster saying same things about different companies all supported by same man with the same results. I don't believe in PR's I wait on financials, not one PR mentioned any contract, contract amount, sales forecast, service forecast, length of agreement, nothing of any substance, several PR's of TEVE reps speaking at different conferences, meaning spending money and not making money. If these items were of any significance they would file an 8K instead of PR's. Two weeks and we'll see if any progress is being made, would like to know how much the 1 for 200 CFO is getting paid. Whatever the case may be I do not foresee any profitability any time soon.
Do you really know how many people actually watch the monitor on an airplane?? Movies yes, TV shows yes, PEG?? No. I'm on a plane every three weeks and this is so minor. Maybe TEVE can convince someone to use their product to stream via internet, but that's already done by many others, no guarantee this is even TEVE supported. And have you noticed Ask dropped over 33 percent today? People tired of asking astronomical prices for a over priced stock while the bid remains much lower. A negative technical signal.
A massive audience on this one, atleast 5, wonder if he flies first class.
Historical info on TEVE Chairman of the Board Mr Lenfest, read all the last paragraph ties it all together:
http://ragingbull.quote.com/mboard/boards.cgi?board=OBDP&read=6075
Post by QTIPJOE on another board in 2006 very familiar:
"King: thanks for the come back. 600,000 but holding for the big one. Been there. Real company. Sit in on their stock holder meetings. Got a product that sells it's self. Putting out a lot of money for computer installs and when that is done everything is profit. 17 million float. Rest held by deep pockets (Gerry Lendfest former owner of comcast). Stock should drop to about 0.05 soon then I add but don't listen to me. I don't know -- I just guess like the rest of us.
Hope your doing well after obdp." Stock is now at .0001
And another post from the same on the same board: May sound very familiar as well to posts on TEVE:
"KING: You got it buddy. This company was on the wrong track. They had a business that was on it's way out. Kind of like being in type writter repair business. Changed CEO due to retirement. Moved in a new direction and found a real jem. I'll keep you updated but it won't be for awhile. The first winning quarter should be in about six months. Till then I keep slowly adding 10000 at a time to keep the price down. Talk to you."
Mr Lenfest also owns majority of ETCC a 1.79 dollar stock going nowhere. Just because a rich man is involved does not mean success for the company. If the billionaire is going to rescue TEVE how come he allowed the others to fail / fall deeply into dispair. He got lucky once subsequent to that he's lost alot of money in companies that are constantly in debt. Good Luck
We have a different point of view. And until the next quarter comes out, repeating the same arguments are getting tiresome. Though no one wants to explain when or to what market this company will uplist to next summer. no one wants to explain the comment of the 3.5 billion dollar "deal". no one wants to discuss the fact that your new CFO has been working with TEVE for sometime yet no 8k filed. That he was responsible for the split that Joe absolutely fought. So there is no valid discussions to keep anyone here other than those screaming short short short. Will check back in November. Oh and I see in the previous post the "LAST TRADE EXCHANGE" is listed as PINK SHEETS.
You need the liquidity in order for your institutional buyers, thus the need for a secondary offering, stock split, or both. Creating mass dilution for the investor. But keep recommending, i'm sure those that have lost 90 percent or more are really happy they took advice on this stock. Wonder why Mr Hume's activities in the direction of this company was never mentioned in an 8K previous and why only PR's and not official filings?? If He did orchestrate the deal as his linkedin site states, that should have been reported also. So he is responsible for the 1 for 200. Show's even more that his hiring as CFO is because Mr Lenfest no longer is funding this company. All I can say is C POW.
Knight capital vs Teve?? COme on Already gave this board the revenue of Knight, the ridiculousness of any short having any type of effect. TEVE must stand on it's own merits. If you're only hope is now "Emmett" good luck. Or is it the shorts?? Or is it the Billionaire?? Enjoy, see ya in November.
When you can prove there are naked short positions in TEVE and NITE is responsible I'm sure you'll let us know.
Go to his LINKEDIN site and actually read what he does and the company he founded and the fact he has obviously been hired to help TELVUE get moving. May be a positive but Mr Hume founded a company 4Xe LLC as an advisor. Also it looks like he was the one responsible for the debt to share dilution along with the additional 5 million dollars for TEVE to continue operations. This is listed under the 4Xe portion on the LINKEDIN site: "Recent projects include sales-marketing process re-engineering and Salesforce implementation, website development, SEM campaigns, financial advisory for cloud service company in video broadcast technology on $30 million debt conversion, $5 million equity raise and public share restructuring." So also looks like he was the one that got the 1 for 200 reverse split also which subsequently lowered your stock 90 percent. Good or bad, your choice, but seems like he's had his fingers in the teve cookie jar for sometime. This hiring is a final act of desperation for TEVE. Good Luck. Link below.
http://www.linkedin.com/in/emmetthume
again I ask uplist to what market?
Now compare revenue. Knight Capital had 1.4 BILLION dollars in revenue last year as reported 2 Aug 2012.
Still waiting on the answer to see what you think this will uplist to and when, based on the factual information provided as to the requirements of all the markets. Several people have stated this will uplist. And for those thinking knight's possible demise will effect TEVE one iota are wrong. TEVE stands on its own merits or lack thereof, Stock price is currently overvalued. A forward split has also been mentioned, yet that doesn't change the percentage of available stock versus current ownership by Mr Lenfest, therefore, in order to uplist additional shares will have to be made available to the public. More financing, more dilution. Or is this too many subjects in post.
For those who keep stating uplist for TEVE, below is a link that has the listing requirments for all the major exchanges, also above and beneath the chart are the individual links for each exchange. Now I'll ask again, Uplist to what exchange?? And you may want to reevaluate the time line based on the actual requirements. Any major exchange will be years, much more plausible to be bought by another company or go private.
http://www.venturelawcorp.com/listing_requirement_chart.htm (posted August 2010) Yet the individual links are more current.
Uplist to what?
No shorts so that's not even worth discussing. Secondly, PR's do not a good company make. We'll see about profitability then you can average your tech companies as to the PE Ratio and what the market would think, yet as long as they are OTC that won't matter either. Will take 3-5 years to be uplisted based on requirements. I still think this company is a prime takeover target for another company that has the cash to continue moving forward. And moving forward is only a matter of opinion until the financials are published.
Just responding to a very similar post don't you agree? And there are no shorts in TEVE. Until those longs concentrate on the fundamentals of TEVE, there will never be a decent discussion here. And still no response about the 3 billion dollar income generated by the CHTR deal?? Where is the common sense?? Shorts must have taken that too. Bottom line is that TEVE in order to be a legitimate investment company must stand on it's finances and show improvement come Novemember if not they will continue to decline and decline rapidly, No profits?? Don't blame the shorts,they have nothing to do with the day to day operations of this company. Oh and I'll ask the board again, if the top 7 cable and telco providers TEVE has as clients do not make a profit why should number 8??
That reporting as short has already been explained on this board and others. Its all about timing of the execution of the sale vs delivery. Shorts are non existant. Remember when the reverse split happened?? All had to be accounted for, when you had the votes? there were no irregularities as to the amount of votes vs stock. There are no shorts. Good Luck on the fundamentals.
The argument doesnt make sense, if this is such a great value now the insiders would be buying. Has nothing to do with the non existant shorts. Buying the stock options in your scenario would be worse for the shorts because less stock would be available. The stock options are at a discount to market price so they can buy less than you can and sell or hold on for the windfall you expect. So either way there is no reason not to purchase this stock unless they know they are in financial trouble or the company may be sold or secondary offering being considered.
Good Morning,
One person owns over 90 percent. Yet if you look at the last annual report stock options available to the other management were never executed. No form 4's filed other than the ones for the payments of the directors for their appearance at the annual meeting.
I'm sure management knows the up or downside of their stock, the fact that no one is buying should tell you the confidence is not in this stock. Making over 150 thousand, the CEO doesn't purchase any of TEVE stock?? Not one in how many years?? November will be very interesting, one way or the other.
Yet the concentration is on the listing comment instead of the real message and that is to say:
True to a point, the only difference is the SEC reporting requirements that TEVE consistently conforms to. There are no other regulatory differences. It is only one step above the "pinks". Either way it is far from any legitimacy in the major markets. But I give you that one, you are correct.
The whole point is that saying that TEVE has a 3.5 Billion dollar contract is insane not to mention just plain wrong. Period!! yes some income may be produced but no one knows what that income is and we still don't know if the cost to get that income still outweighs the income itself. We don't know if its a one time sale or rentals or service contract. 10 Bag explained it very well. And to rephrase it, why if this is so profitable, hasn't teve shown a profit on the other 7 major cable and telco providers????? Remember it is still a pink sheet stock, no talk of even going up to the OB listing. We all know NASDAQ would be at least 3-5 years away once they start having the required income, employees and profitability.
Your argument still does not hold water. Let's say they have the state of Texas, and telvue hardware covers 50 percent, 50 percent of charters revenue in texas is not being paid to telvue, all telvue is getting is the agreed upon price for their equipment and services that's it and only for the commercial longform......... as per the PR. I think those reading this understands what the contract consists of, an agreement to use TEVE's equipment at an agreed upon cost, nothing more, nothing less.
The PR does not mention Charters 7 1/2 billion dollar foot print the pr states:
"announced that Charter has expanded deployment of its HyperCaster™IP broadcast servers to cover 50% of its footprint for commercial longform services."
Now just what is commercial longform services????? What percentage of this creates revenue for Charter??? So you may want to read it again.
All this "great" news and still no insider buying, no stock option executions????? The lack of purchasing from the directors/management speaks volumes. So Please buy more as no one else is.
No one is changing words but they are changing 50 percent of their footprint, why not 100 percent, that's immaterial. The 50 percent does not mean TEVE gets 50 percent of Charters revenue, only that for 50 percent of Charters foot print they intend on using TEVE's equipment, one unit may cover 25 percent, we just don't know. But to say this contract is worth 3 billion for TEVE is nuts. Yes I'll be here in November. Expect further debt as they hired someone else, more overhead. One contract does not make a good company. Only the future will tell. I stand by what I've said, this company is being set up to sell or to look good for further 3rd party financing or secondary offering. They have to keep the cash coming in in order to continue to expand. This will cause further dilution which may in the very long run 10-15 years pay off, if they make it through the next year.
Lets set the record straight. We do not know how many units Charter is buying or renting from Telvue. Hardware and software used by charter goes to their overhead costs not profitability. So saying TEVE will get 3 billion or 50 percent of Charters revenue is blatantly wrong. We do not know if or what the service contract consists of, nor the price they are paying for each unit. Maybe only 5 units will suffice maybe 500 we just don't know. This is the same kind of disinformation as saying there is only 55,000 in the float. The float is over 600,000. Yes Mr Lenfest owns over 90 percent yet when shares are discussed for any reason these publicly owned shares will be taken into account and could easily be traded or sold just as easily as yours. Contact TEVE's transfer agent for more Truthful information. You can also go to Charters financial reports to see how much they pay for hardware, upgrades etc for more realistic numbers. And please do not rely on this or any other board for factual information.
Now's your chance to explain why you say the float is only 55,000. Aren't you going to subtract those that are yours, the CEO's, the Directors and the other shareholders that are holding as tight as Lenfest?? For those that want to know the truth, call the transfer agent. The float are those shares available for public trading, in other words, total stock minus restricted stock = float. Now let's hear your explanation.
Please explain why congratulations are in order. Buy at the ask and you will get the shares you want. This is not special or even noteworthy.
Float is over 600,000. Nonliquid market. Expect second offering within 60 days, financing agreement utilizing shares, Or an offer to sell the company. Just my opinion but cash is going quickly, over 2.5 million above and beyond any revenue created, gone in first two quarters. Financing has to come from somewhere.
And as far as google twitter and facebook not a dime from any of the three. Those services are free, what the new upgrade does as per their pr is that it allows customers the ability to have video content on two of those services, so no additional income from the three but may make the product more attractive to potential customers. Of course those customers are all PEG affiliations which don't pay that much anyway. As far as google the PR only states: "Deep Google Analytics integration for better audience analysis". I guess the "visitor counter" wasn't good enough. Whether or not these capabilities add one cent to the bottom line is yet to be seen but zillions? I think not. This only adds one more option for potential buyers of TEVE's product. How this relates to the competition, ie YouTube integration of video we will see soon enough. How will you tell, read the financials over the next 6 months.
No comparison, those other stocks were liquid with plenty of shares to trade, you said nothing about any fraudulent shars on those other stocks. So the fact that TEVE is illiquid will prevent any rise. How will the liquidity suddenly become available. no shares = no shares and you and others are not selling. Your quote below doesn't make sense, how can liquidity not be a problem when there are no shares available.
No I don't own any, why would I. And thankfully the market doesn't have your "keep" it down attitude as money keeps flowing in as my assets continue to rise. An incorrect starting point??? A starting point was established 15 years ago, so you've already forgotten the 95 percent loss and looking for a new starting point. Ah the definition of denial.
so what you are saying is that TEVE stock is illiquid, and the shares you are currently buying are fraudulent shares?? So who's going to be the victim? And being illiquid, pps will go nowhere. Only recourse as you have laid out will be a lawsuit, of which you won't see a dime. Good luck though. Have no clue as to why you continue to purchase "shares" if you feel the shares are only manufactured???
you all keep saying 55,000 available that insiders do not own yet have you contacted the transfer agent to see exactly how many are left? Did you figure those other shares that management owns besides lenfest? You will never see an increase in price until there is liquidity in the TEVE market. Let's say those 55,000 shares are almost gone and no one is selling. Your PPS will never increase. You need buyers and sellers, and right now you have neither. Obviously there is a plan in place by the management to keep the pps low, and the daily volume near nil.
But why not buy at the ask, your order would be filled so much quicker, and since you believe it has the potential of going to the moon what's paying a premium now to gain access to those shares you so desperately want? If you continue to preach buy more and keep what you have because the stock is going to gain thousands of percent, I don't understand why you and others are not buying what you can at the ask? Doesn't make sense now does it?
So you posted a link talking about a new partner of Telvue but you failed to look at the company it partnered with nor any of the other partnerships that company has, not very thorough, as these will directly affect TEVE in the future. Facebook, google, and Twitter mean nothing as I have yet to see them put out a PR stating they hired Telvue to perform anything. And three sources of revenue mean nothing until Telvue stops paying out more than it gets in on all these "deals". We'll wait until November, but I bet it costs more to get these deals done than the income it produces.
The question is will Telvue have a problem without the generosity of Mr Lenfest. He built a very successful company and sold it. Now why wouldn't he also sell a company that is not successful and take his losses. Selling a losing proposition is much more plausible than continued support and losing all the money. Remember the arguments remain the same because the finances remain the same. And actually the finance picture has gotten worse in the last three months. Interested since I was invited by the past moderator on another board, and how's that working for you?
Willl only be good news if it is profitable and that is yet to be seen. Ink is a private company, and dealing with low market highschool and newspaper video requirements. But if you go to Inks website listed in the PR they just partnered with Telestream also. Both Inks and Telestream are private companies, expect Teve to be the same within the year. Competition continues and not looking good for profitability.
About Telestream Telestream provides world-class live and on-demand digital video tools and workflow solutions that allow consumers and businesses to transform video on the desktop and across the enterprise. Many of the world’s most demanding media and entertainment companies as well as a growing number of users in a broad range of business environments, rely on Telestream products to streamline operations, reach broader audiences and generate morerevenue from their media. Telestream products span the entire digital media lifecycle, including video capture and ingest; live and on-demand encoding and transcoding; playout, delivery, and live streaming; as well as management and
automation of the entire workflow. Telestream corporate headquarters are located in Nevada City, California. The company is privately held. For more information, visit www.telestream.net
Again the words are untrue, there is a difference between insider trading and insider selling. One illegal and one is not. No I do not believe he will sell a share per se, instead he will sell the entire company. To think he will continue to finance this company is incorrect based on the last year. He did not extend the financing agreement on the loans, management felt the company did not have the funds to pay the interest much less the principal, thus the conversion to shares and massive dilution. Now it still owes interest on the 5 million which continues to accumulate, look at last 10Q and you see how much more they owe. And remember he is not tied into the company like you would make people think, remember he built a company and sold it for billions. Now he tried it again but this time will sell for a loss. He's a buyer and seller. Period. And the argument will remain the same as long as the financials do. now add a new CFO with a pay of 156,000 dollars, more overhead they can't afford. Running out of cash is not good and will be acted upon by management very soon.
I don't see much need for this in the PEG arena, but ultimate question is how much money for each contract and how much profit, if the company continues to "give away" product while burning through cash, this all means nothing. Whether you believe in shorts or not, this player or not, the bottom line is that if teve doesn't get cash soon, they will not be able to operate. Period.