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I'll reply to that when you can articulate exactly what TEVE does, then the comparison can be made.
Number one in the country based on what they do????? Please quantify this, how can they be number one in anything and still make no profit?? A self serving award from a magazine? And just what do they do that is so different from "anyone" else? When they stop the R&D they will most assuredly fail. Progress must continue, but R&D needs to be financed either by a great profit margin or private investments. Right now they have neither. What makes you think things will change after 15 years?
Would also like to hear from the assistant moderators for their opinions on the latest happenings, awfully quiet.
It all doesn't matter, at this price, Market valuation of this non profitable company is still way too high. I don't believe Mr Lenfest made a mistake, he knows exactly what he's doing, his shares were at .35 presplit, now at .05 presplit, a nice tax writeoff. And much easier to sell the company at this price vs what it was at the split. Until they show a profit.......another discussion no one wants to have.
On another note, there are those in the penny world who will hang on to a company for dear life not ever wanting to admit they made a mistake, holding on to the dream of riches. I mean 15 years of wishful thinking may borderline on obsessive compulsive??
You still see at this price no insider buys. They don't even exercise their stock options. Should tell you something. Have a great week all.
The argument is still valid, 770 shares, regardless of how many trades for shares "under 100". A little vague don't you think. Were the trades for one share or 99? Either way 770 is just that.
Remember in order for the stock price to rise you need liquidity, the ability for the market place to determine the stock price based on companies fundamentals, with enough of a float to be traded daily. A low float, stagnation, and little market activity along with pathetic financials only equals a losing proposition. Though for you gamblers out there have fun, even the wealthiest buy lottery tickets just for the sake of the game.
The number one tell on this company is that NO insider buying in years. Not from directors, ceo's, VP's etc. Investors should be looking for confidence backed by dollars not rhetoric in a companies leadership, so far there is none, even the billionaire is backing away.
and just think how much more you'd have if you bought google or AT&T / Verizon many years ago, the last two now paying 5 percent dividend yield. The choices we make do make a huge difference. Good luck, but that's about all you've been looking for over the past 15 years is luck and so far nothing. August will be interesting to see if their statements during the annual meeting were true or just wishful thinking. No cash flow equals no business equals.....
...and yet no one is buying!!!!!
If it was such a great thing they would buy more, insiders would buy more, But alas, no insider purchases in how long? Years, If insiders do not feel its a good deal to buy, why should the public. 10 cents (pre split) price and still no buys?? That's confidence!!
Plus Joe is correct, looking at all the past form 4s, the directors received 500 dollars worth of shares. (493 this year). But obviously because they have never made a profit. Wait til the cash runs out and see how many shares they start using as "cash". Mid August Quarterly report will bring a more dire financial situation unless another loan is given, yet they restructured because in their proxy the management said they could not pay the interest much less the actuall notes. So enjoy the summer. August will be here soon enough.
Where is the agreement that you speak of, and if they did make this agreement how do they sell their shares? Not very realistic.
Please read why they obtained those shares as per the form 4 note 1: ( 1) Shares of common stock granted pursuant to the director's attendance at Board Meeting on 06/11/2012.
They were given those shares for showing up, no cash to pay them so giving shares instead. Did they come from the open market or from the authorized shares??? This is just the beginning. And since you brought this to our attention, when was the last time an insider actually bought Telvue shares? CEO?? COO??
You are correct Joe, nothing has changed, company still burning through cash, the last 3 million dollars won't last much longer, 2nd quarter ends june 30th so I'm sure they have less then 2 million by now. So they have three options in my opinion, go private, be bought out by bigger company, or to raise cash: increase the float by using shares as cash, authorizing secondary offering, then conduct a forward split so those shares become marketable at a reasonable price thereby raising cash, lastly find another wealthy investor willing to throw more cash their way. Either way shareholder value per share decreases. Why the decrease: 1) Go private, already discussed how that hurts the shareholder; 2) secondary offering - basic financial dilution,3) Buyout from another company? share price will be realistic as to current earnings/value, thus a lower pps 4) New investor - adds debt to books reducing share value, especially if return payment given in shares.
Just my opinion, but they have to get operating capital from somewhere, and as sales decrease they have to do something different. Shareholder meeting will be interesting if they release their future plans.
Of course and they all realize that presplit price of .49 is now .125 a 75 percent LOSS. so why not pick up a few, but like was said, this was planned for,drop the price back to historic levels so buyout is of a realistic number. Lets see, 600,000 shares times 25 dollars still equals 15 million dollar market cap. Still an expensive proposition for any company burning through cash with no sign of profit.
Thanks, but as you have noticed here and in the past, those that make those wild assumptions never wish to debate them or ever support their opinions with any type of reasonable arguments. Most often any request for a debate results in "I don't have to explain anything to you" or the like. So up to the readers to decide. But like I and others have said it's all in the financial reports. PR's, forward looking statements all mean nothing. 2nd quarter ends June 30th report comes out 15 August, I'd be very surprised (if we don't hear anything at annual meeting) if they don't report they are near bankruptcy for lack of cash. If so expect another stock offering to raise cash, but at these prices no one would buy so you can expect a forward split prior to this. Most of the current expenses are personnel costs and overhead. If you can't afford these you don't have a business. But we'll see.
Just how do you figure you will win if company goes private? There is no short position on this stock. Going private does nothing for you even if there is a short position, you will get paid not what the market value is at the time but what the company agrees to pay you, period. Let's say for the sake of argumant that there is shorts and they have to cover to the ask, you still have to sell your stock and right now you'd have to sell at the bid, so you lose either way. And with a company burning through cash with no profit, only value on this company is its hard assets, and that's not much. So I ask again, where do you see the benefit to the shareholder going private??
and still no discussion on the 10Q, are you saying you're happy with the financial direction of this company??
And how's that working for you? The battle is over on both fronts.
First it was wait until "next Tuesday", then wait for the special meeting, then wait for the quarterly report. It's been over a week and no discussion on the quarterly numbers and your back to the "evil" market makers?? Quarterly report showing decreased market share, decreased sales, increased overhead and greater losses. The 5 million dollars received in Jan/Feb already down to just over 3 million in just one quarter? And they still say they have enough money for the year? Do the math it doesn't add up. Quarterly numbers, NOT forward looking statements is what matters. This company is in trouble, has nothing to do with the market makers. Good luck, but atleast you now say the 200 for 1 split was idiotic. As it totally stopped any and all trades, for the most part, of course as you say Mr Lenfest is not stupid, he knows what he's doing and it has nothing to do with the individual investor, I see a for sale sign in the very near future.
Yes I remember well, but I have no clue, but once you find out I believe the people still reading this board would be interested in finding out. It could be a lawsuit or another pump and dump or anything in between.
Thanks for that, so it has been converted to shares and TEVE still has to pay 4 percent in cash or "in kind" on 5 million dollars. Anyway, only time will tell if that actually pays any dividends for TEVE. Again, I see that as a last ditch effort. Each quarterly report will tell how much cash teve is going through. The main point is trying to find out what customers are paying for the product or services provided. If it's just a one time purchase for hardware and monthly service fees who know's. Cloud based services have even greater competition than PEG and pricing vs services really matter. Everything is just speculation good or bad until the financials come out. Then we'll all see which direction they are heading.
I don't see where Lenfest gave another 5 million dollars after the share conversion. Where did you get this?
QTIP, Tuesday is over, Where's the money???? Where's the spit, oh wait even better where's the fan?? We all look forward to finding out!!!!
I agree, yet I think they said everything they could in their proxy. To me it was a last ditch effort prior to bankruptcy. The proxy statements of problems with paying even the interest on the loans was troublesome, yet all of a sudden they have enough cash to continue for 12 months?? You and I both know we'll find out each quarter as they continue to report negative earnings. I expect either a secondary offering of shares to raise cash or utilizing shares to pay for overhead costs.
Also the fact that they appear to have not made any corporate statement should speak volumes. Could you imagine Steve Jobs not taking the opportunity to address the shareholders in any of Apples meetings, annual or otherwise. Either a very bad misstep or done on purpose as you never report bad news. At a minimum you'd think there would have been a question and answer session with the CEO.
Hock, to quote others, there is no need for me to explain to you, if you don't get it there's nothing I can do. My point again was that the list provided by TELVUE on their website listed companies that supposedly are customers yet there is direct conflict to that. My point being the list is not accurate. So I asked just who are telvues customers and what revenue does telvue receive for each customer. Do you Know?? That's what matters.
Let's compare the products of telvue to a Mercedes. For the sake of argument lets assume telvues products are the best. Top of the line, yet very expensive(?). IF quality and performance were all that mattered, everyone would have a mercedes or in this case have telvue products, yet that's not true in the real world, now is it. People drive Kia's, Honda's, Fords, GM products etc. Why because its not always about having the best, but having a product that fits the need within the persons or in this case companies / locality budget. PEG customers are restricted by budget constraints. But none of this matters now does it. What matters is the financials and massive valuation placed on a company that has NO profit. And as far as swagit goes, it's obvious they are filling the need of some for whatever reason, therefore, they by virtue of being in the market take market share away from telvue.
And I am not saying they are the best, that really doesn't matter. They make no money after 15 years. They don't have the money for continued R&D
But for anything further wait for the quarterly report where they will continue to report negative earnings per share. Increased overhead due to hiring costs. No reason to argue this point we'll see next month.
You already know the requirements for being listed on NASDAQ, they do not qualify and won't for at least three plus years, IPO can't happen as they already are a publicly traded stock? They'd have to go private, show greater revenue, have greater number of shareholders, greater float and actual profits for years, then and only then could they even think about another IPO and listing on a major exchange.
Are you buying at 100 per share?? Really, who has 10 thousand dollars laying around to purchase a round lot? Is this company really worth over 54 million dollars? If so why? as an investment do you really see making money in the next 5-10 years?? At 100 dollars per share where do YOU see PPS being in a year? Do you foresee TEVE coming out of the PINKS anytime soon if so when?
I look forward to your opinion on the above.
Sure, do all the comparisons you want, but ask yourself why with all this technology does this company still make zero profit after 15 years of trying, only reason this company has lasted this long is the deep pockets of Mr Lenfest, that is up till now. You will also see that many of the other companies are private companies such as Swagit.com, of which they don't need to publish their private equipment used. Youtube is only one format and if you look, I clicked on 5 companies on the cloud list, only 2 of the five showed it used telvue products the other three did not, two used youtube and one used swagit.com. Why, because it's cheaper to go elsewhere. PEG is an overhead cost of Localities, small government agencies, universities etc. Price matters so going with another company does not make them anything other than ones that watch the bottom line. I did not say that any other product is equal or superior to Telvue, I do not know. I said that the list appears to be inaccurate and other companies are going with other methods for distribution of video. So just how many customers do they really have???
Remember if Telvue was such a high flying technology company, they would have been much more successful in the marketing and distribution of their product. They've burned through over 25 million dollars with no net profit and for what????
I've already explained it Jack, but since you asked again with more questions:
PBS is a public broadcasting station which has specialized in educational and government programs. PBS has been subsidized by the taxpayers for years and years. They have no profit, not only do they have their telethon they are also subsidized by the government. This relates directly to what PEG is all about. Public/educational/government programming, not many people watch these programs thus not many sponsors, thus not much in income. Their is a direct relation between the two when you consider the genre that each broadcasts.
#1 PEG not being profitable, look at Telvues past financials, overhead operating costs greatly outspend any income ever created in the history of this company. Look at PBS a station that was founded on the public broadcasting / educational genre and has been supported by John Q Taxpayer in the form of subsidies since the beginning.
#2 Read my previous posts, I did not say Youtube will replace telvue, I said that when I went through some of the customers websites listed on the TELVUE.com customer list, there was no indication that telvue products were currently being used, Instead these companies video's were on youtube. I listed three of them, on those websites either youtube was used or another video streaming company, also listed on a previous post.
#3, Regardless of the top 8 MSO's etc etc, read the financials!!! Incase you haven't yet, READ the financials including the latest Proxy.
clarification: Of course not because you have no one to sell to, No one is going to buy at 100.00.
That's smart at the moment since bid is just over $6 or .03 presplit, but that would give the company a market cap of 3.6 million dollars, a much more plausible valuation than the current 59.4 million. But I agree, no reason to take the loss, yet.
just wondering where the other readers think the stock price is going in the near term, Whether or not they feel the valuation is important, whether or not they feel this is the same type of investment now that it is 99 dollars per share? Whether or not anyone is planning on buying at these levels.
Knowing very few shares are available, knowing an increase in share price will only occur when this stock becomes more fluid? Knowing pps will only increase if there are more buyers than sellers and those willing to pay such high prices?
And also looking to see why others think this is such a great investment, and what returns they now expect. Why they'd overlook a 15 year plus company that has yet to make one cent in profit, while spending over 25 million dollars??
My point: Near term-stock will plummett, company will be sold or additional shares out of authorized shares will be used as the proxy states as "currency" or a second public stock offering will be made from the 2.4 million shares available in the Authorized Stock availability. If things remain stagnant, current investors will lose the most, not enough available shares to raise the pps on the market, at these prices and seeing it is a pinksheet stock will cause potential buyers to flee as too many other stocks can be purchased for much less with a promise for more.
PEG will never be profitable and cloud PEG even less. Competition from Youtube and others will prevent any type of growth that current stockholders expect.
Let the discussion begin, I only ask that ideas and opinions be based on solid market financial theories / facts / and Telvue documents. And remember a PR means nothing without knowing financial costs/benefits behind them.
Point is obvious!!!, But first let's talk shorts, please prove there is a current short covering about to happen??? And you're still questioning that the R/S has yet to happen??? If you really don't understand the point, there's nothing more to discuss. But if you are so inclined you can review all my previous posts. They are clear enough for those who honestly assess the company, its financials, and it's place in todays market.
Do you need clarification on the fact that the current customer list provided by telvue.com appears to be inaccurate?? Youtube is taking market share and it is a Free service, available to everyone at anytime to download any posted video?? Do you need clarification of the imbedded video address that does not have telvue but instead another company???
And lastly have you ever come up with just what these customers actually pay telvue on a monthly/annual basis?? And did we not already agree that PEG is not profitable?? Even the telvue Cloud is used as part of the PEG networks, nothing more. So much for discussion.
Will be nice to see 10Q, that will explain it.
Jack, Not excited, not at all. Too many problems are appearing yet again, no one wants to discuss the issues brought forward, IE customer list possibly inaccurate, past customers of telvue now using youtube and other companies instead of telvue. Yes 10K stated they have enough for 12 months, but what about after that? Going back to the proxy you see they are in financial difficulty. This next 10Q will say much more than the 10K. Yet the discussion here continues to be "shorts". Which has no proven basis by anyone. Those that claim shares have not been updated or transferred or new cusip is meaningless. Shares are trading, spread is insane, valuation is nuts, and the CUSIP goes back to TEVE.PK here in a few more days. Nothing like a 99 dollar pink sheet stock. Of course two billionaires sitting next to each other has to mean something positive for TELVUE Right? Please explain what that is?? Have a great weekend
10bagger I went to the allen tx just to see what it has to offer, the problem is that it is powered by CivicPlus.com not telvue,
http://www.civicplus.com/index.aspx?NID=83
And the videos on their website have the following information:
<iframe title="Swagit Video Player" width="480" height="380" src="http://allentx.swagit.com/e/04112012-635/1/" frameborder="0" allowfullscreen></iframe>
Swagit.com??? Swagit Video Player, this was a video added on the 11th, just two days ago, I see nothing here either that TELVUE is supporting Allen TX
Let me add one more item about the link to NATOA on the customer list. On the NATOA.org website they have this:
http://www.natoa.org/GuidelinesCommunityVideosNATOAWebsite.pdf
It is their procedures and rules for adding video to their YOUTUBE video library.
So there you have two companies listed by what I can tell no longer use TELVUE instead they've gone to YOUTUBE which is FREE.
Have a great weekend
Tell me what Mr Lenfest sitting next to Mr Buffett has to do with TELVUE?? TELVUES PRODUCTS?? TELVUES Revenue?? TELVUES ongoing concern?? TELVUES Financial Difficulties?? TELVUES Lack of Profit?? TELVUES Successess?? In a short answer, absolutely nothing!!!!!
MR Lenfest is Rich, He has Rich acquaintences, we get that, but we also know he is no longer funding TELVUE in order to better serve the public ie giving away millions to organizations like Buffet-Gates. Sitting next to Mr Buffett, should be a negative showing Mr Lenfest is moving his money in a different direction. So No photo of him at the conference?? Or any conference photo's?? What about the CEO is he not important here?? Only picture of the CEO is he looking very bored at some meeting.
I clicked on your first cloudcast link, it only links to telvue website, which displays the video not the company itself, the link is:
http://cvp.telvue.com/player?s=ahecta
It also only shows AHECTA videos dating 2008??
So questions to be asked are: Is this current?? Is Ahecta still a customer?? Is this only a TEVE demonstration?? What are the revenues created if in fact this is current, but doubtful since videos are 4 years old.
I went to the AHECTA.org website, their 2012 conference video is on YOUTUBE!!! No mention of TELVUE other than on the corporate member list which also includes Cisco and Campus Televideo.
AHECTA is an organization supporting Cable PEG etc.... Listing them as a customer of TEVE????? NO evidence they are a current customer. I did a website search on AHECTA for Telvue and Telvue CloudCast which resulted in zero items.
I see where you got your list from, directly from the Telvue.com customer list, not a good idea unless you verify each link.
I also clicked on the Penfield, NY link and it took me to:
http://www.telvue.com/products/pegtv/
Just went to NATOA.org website, all their videos are on Youtube
This list is not up to date.
I respectfully disagree, if that was the case you'd be posting every philanthropic activity of Mr Lenfest, since that was the purpose of the meeting between these two individuals. It had nothing to do with TEVED. The personal life of a philanthropist or his dealings with other companies or head of companies do not matter here. There is no benefit to being posted here other than to try to convince people that just because he associated with the Buffet-Gates foundation that that alone becomes a reason to invest in TELVUE, while ignoring the facts and fundamentals. If it is so important his photo op with Mr Buffet, why not his appearance at the recent special meeting? Was he there? Was the CEO there?? Those pictures of his dealings directly with Telvue would hold so much more weight.
It's also amazing you know what MR Lenfest is doing? Guess you never asked him why he didn't continue to fund the company, why they had to resort to the reverse split? Why he accepted the shares causing investor dilution when all he had to do was issue another multimillion dollar bond. I guess having rose colored glasses on results in being able to know what CEO's and Majority Shareholders like Mike and Gerry are thinking and what they are doing? Not a very productive investment strategy now is it.
absolutely not, I'm trying to refute others' claims that this stock is flying to the moon and to buy and hold is a promise of riches. It is not for obvious reasons. But a stock that can't trade due to limited shares and overvalued price will not have the benefit you wish or claim.
With financials in the negative earnings per share any outside investor looking to purchase shares will move on to a more fluid company. 99 dollars a share???? This becomes a very expensive gamble not many are willing to take. There is a huge difference between 30 cents and 99 dollars per share.
So let Mr Lenfest keep 90.1 percent of the outstanding shares, that in itself does nothing for you the common shareholder. Supply and Demand dynamics do not relate to a stock that no one wants. No traders will buy as you can't sell them for these prices. Stock prices go up because of the trades not because everyone is holding. Easier to buy Microsoft, AT&T or any other stock that actually pays a dividend and has increased in value most years and they are cheaper to buy. The reverse split did absolutely nothing for the investor. But does make it much easier to go private or sell to another with limited shares.
Flukes, Doubtful, but the reason it hasn't traded is no one is willing to buy at 99 dollars a share. And you only have a few willing to buy at 6 bucks. Remember the reason it is at 99 dollars per is that one trade of 100 shares bumped the trade 20 percent to .49 presplit. Care to start discussing valuation yet??