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Alright how many pieces of equipment are used for those 507 channels, is it handled by one server or 507?? Is TEVE the only equipment provider for ROKU?? What income is TEVE getting for this?? Remember, TEVE does not have a monopoly on this technology. It's obvious its not profitable because it costs more in marketing and overhead. But Like I said, do your own assessment and if you are good with it, then buy. I'm not convinced yet.
In other words, play the penny stock game, nothing here based on any type of fundamentals. Read the Proxy, wait for the 10Q. If you like what you see invest. If not stay away. Proxy states several places about the upcoming dilution of shares. But that is more beneficial to the investor than declaring bankruptcy. Though bankruptcy is not specifically mentioned the fact that management feels they cannot repay the debt or interest on the debt nor be able to renegotiate the notes with Mr lenfest, says it all. Proxy states that after the reverse split there will be 3,000,000 shares outstanding, yet they are increasing authorized shares from 100 million to 600 million. Like I said before this company is going to use the available stock as currency, it's in the proxy.
Ultimately, public access tv is not profitable, and teve does not own 1000 stations, 1000 stations may have their equipment. that doesn't leave much room for expansion.
According to Benton.org As of March 2011 there are in the US:
•1,774 full power TV stations: 1,022 UHF commercial, 360 VHF commercial, 285 UHF educational, and 107 VHF educational.
•10,595 translators and booster stations.
•2,172 low power TV stations.
Also see the following link for info/history of PEG television:
http://en.wikipedia.org/wiki/Public-access_television
When it comes to the Cloud, Cisco/microsoft and many others are actively involved in its development, with a much greater R&D division.
With all penny stocks this is simply a gamble, do not invest more than you can afford to lose. Anyone who simply says buy buy buy without detailed explanation is reason to pause and evaluate.
That's the advice I would give him.
The question is, are they nearing profitability, if revenues rise but costs go up substantially that's where the problem lies. With the hiring of new folks, more than likely the overhead will increase for a quarter or two. Their effectiveness will not be seen until two quarters from now. But something to keep an eye on. also the whole, proposed proxy is in itself an issue. If they are going to finalize that document and still plan a vote in March we should be seeing it very soon.
All you have to do is pay the ask if you're not worried about price, but wonder why not much buying since the ask dropped to .15? That was the "bidwhack" price yesterday so where's the interest. Actually I'm waiting for the financials to come out.
Who here can factually depict how many of the outstanding shares are currently short???
Actually it has to do with the integrity of the business, of the financials, of the PR's, of the individual, of those who spout off without any conceivable thought process having no accountability put upon them. It has to do with TEVE, no other stock, no other board.
Wonder when the actual proxy will come out, before or after the 10Q.
And the tally is? Can't wait to see that buy order.
"I will keep track of the number of negative postings on the board. I have a sum of money coming at the end of the month. I will buy 100 shares for each negative post. Game on."
That was the same advice that was grossly ignored on another stock we know all to well. But let's wait till the next 10q is published, then we'll have something to debate.
That is a good chart, shows alot. Here's another that shows the .90 spike (Link is below) . Happened Aug 5 2010 and an anomaly. And here's what happened before and after spike:
On Aug 12 they announced the GSA Contract PPS closed at .28 Here are the prices leading up to that:
http://www.telvue.com/media/press-releases/#archive_2010
Aug 3rd Close at .14
Aug 4th Close at .149
Aug 5th Close at .90
Aug 6th Close at .40
Aug 9th Close at .20
Aug 10th Close at .38
Aug 11th Close at .15
Aug 12th Close at .28 (Announcement made)
Aug 13th Closed at .25, then beststockpromoters.com mentioned this as their Guru stock to watch,
http://beststockpromoters.com/2010/08/13/telvue-corp-is-in-the-stockguru-spotlight-for-august-13-2010/
and subsequently plumetted to a low on Jan 28th 2011 of .069 before continuing its minor ups and downs till present time.
Do with this as you will, MM's and stock promoters had a field day with this. Here's the link for the chart, you can also see how many shares were traded each day:
http://www.bloomberg.com/apps/quote?ticker=TEVE:US
Yet on the 23rd you stated that you would be "buying tomorrow no matter what". Yet volume on the 24th was zero.
But what you do doesn't matter and is off topic, question is this. What is TEVE doing? What will their 10Q state. These current arguments are pointless, as one stated he is nothing but a pumper, another accused of being short. None of this matters and most of the past hundred posts are either off topic or cut and paste website info. Let's all wait two weeks until the next financials come out and when the final proxy is published, then we'll see.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71169893
WHAT?????
This story was in april of 2010, did you look at the stocks listed current price?, .75, .79,.66, and .32 one lost 77 percent one lost 69 percent both year to date. My point? Article looks like typical penny stock advertisements. TEVE does not need this type of "uplisting". What they need is increased sales, increased marketing and profit associated with those increases. Unfortunately they have increased revenue but to get that has cost them more money relative to sales. Also in the article you noticed it mentioned, revenue and price to earnings ratio etc. These are the items which matter. Thus the reason this next quarters financials will be so important with this company moving forward with their plans.
In order for TEVE to become listed on NASDAQ much more than just share price is involved they must: www.investopedia.com/ask/answers/121.asp#axzz1khzmyOGk
Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.
Read more: http://www.investopedia.com/ask/answers/121.asp#ixzz1ki0mqzj6
Take the time to read previous post on what it takes to be listed on the NASDAQ, cannot have one year of net loss in the last three, so upgrading to nasdaq as has been claimed will not happen for a long time. Another piece of DD instead of relying on this board.
So in your opinion DD is to cut and paste the website and TEVE IHUB info? I'm surprised you didn't cut and past the last 10Q or the proposed proxy. Proper DD is to not rely on company propaganda but finding 3rd party non biased information. Going through SEC filings, Financial reports, contacting customers to find out how they like the product, how much they pay for any services, how much they pay over a year. Delve into why this company hasn't been profitable, look at the future, which is the proposed proxy. DD is so much more than company propaganda, true or otherwise.
And still no profit!
Yet still no discussion that this company has a net loss. Can't get on the NASDAQ, has no cash, restructuring debt to shares. You can post old news but let's wait until the next 10Q is posted. Then the reverse split, then the great dilution from debt to shares. Propaganda is great if it is working for the investor, if profit is proven. You've posted products from 2009 and 2010, yet you said new products and services were rolling out. You fail to discuss the points brought up in the Proxy. Have a great weekend, I wish you well.
So 2009 is NEW?? what about the NEW services you claim??
And still no profit. All these bright individuals in a company that has made no profit since inception. And still NO NEW products or SERVICES that you claimed. And yet you still can't support your claims of new products and services, long term R&D, and can't discuss where they will get the money to do any further R&D.
So no NEW products since when???
So no NEW products since 2008????
Time for DD Here's NASDAQ's 2010 requirements, see how TEVE fits in.
www.nasdaq.com/about/nasdaq_listing_req_fees.pdf
AND:
www.investopedia.com/ask/answers/121.asp#axzz1khzmyOGk
Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.
Read more: http://www.investopedia.com/ask/answers/121.asp#ixzz1ki0mqzj6
You may have buckets but why no answers supporting your claims.
And with all this they still make NO profit. Troubling isn't it.
Facts? What facts have you stated to support your statement that they have a long term R & D? And you didn't answer the question in reference to where they are getting the future cash to continue any R & D. The facts are in the financials. Now your latest statement says they have NEW products and services rolling out. What are they? Have seen nothing on their website of NEW anything, and what are the new services? Again no supporting documents for these statements.
I use the proxy statement and financials for my analysis. It would be wrong to just make up things with no basis.
Again, TEVE has been subsidized by Mr Lenfest for years. His money is the only thing that has kept this company afloat. So where are they going to get the cash now??? I'll answer that again, expect another stock offering. And we all know what that means.
What long term R & D? What documents are you referencing? Where is the financing going to come from for future R & D?
"We have debt now and that is no good."
Excessive Debt without a way to repay is not good.
"After we get a vote we will have no debt and that is no good."
That is fine, but causes dilution due to increase shares but with not enough revenue to pay for ongoing operations either shares must be offered or more debt will be taken on. That is not good.
"Last quarter we had no profit and that is bad."
You mean since inception, what 15 years? That is bad.
"Next quarter IF WE HAVE A PROFIT that will be bad."
IF??? You don't know??? Profit would be good, but don't count on it.
"You think because Gerry has placed this company in a position to move to a higher exchange that is bad."
Where does it say he will do that? If he does what income is the company using to justify the share price? That's where P/E Ratio and market valuation come in to play.
"If we stay here then that is bad"
A step up would be moving back to a higher tier of the BB like TEVE was before. But without any money to do so, what would be the point?
"Because you feel that Gerry has , for now, retired all debt then that is bad."
Technically debt will be removed, but he gets the 25 plus million dollars in shares he can sell as he chooses, the increase shares will (as per proxy) dilute your current shares. Reason for this move is TEVE cannot repay interest on loans, much less principle as per statement in Proxy. That is bad.
"If Gerry loans them more money and they again have debt then that is bad.'
As per proxy, they are eliminating this debt to make company more attractive to potential investors, and because they cannot pay interest or renegotiate at an agreeable rate. They are also doing the increase in authorized shares to utilize them to raise money in lieu of Mr Lenfests money. More dilution for you. Getting more money from Mr Lenfest defeats the whole point of the share conversion in the first place.
I appreciate you giving me another chance to explain my points, utilizing the financials and proposed proxy in doing so. Good Luck to you.
Qtip, debt erases after the deal is approved. Secondly how do you foresee this company meeting operational expense requirements without Mr Lenfest's money? They don't have enough revenue to cover the costs of operations. I see that by selling more shares, more float, more dilution. See Proxy again that supports my statements.
If you say mr lenfest will continue to financially support TEVE that means more debt for TEVE.
Mr Lenfest will own 5 million dollars worth of preferred stock and instead of debt owed to him he will get over 75 million additional common shares. But you still havent answered the question of the valuation and P/E ratio, or the profitability question of PEG. Revenue is not profit! A loss is a loss and does not do well for the shareholder. Not to mention the Proxy specifically mentions managements concern of not being able to pay the debt in the first place thus the transfer to shares?
I wasn't assuming anything, it was your figures of .19. But you didn't answer the point about the validation of market capitalization and PE ratio on a stock price that high with a consistent net loss.
Yes I do, after the 1 for 200 reverse split you claim the price will be 38 dollars per share if it splits at .19. Therefore no longer OTC material, now you have a "legitimate" stock price, and you better discuss P/E Ratio's, market capitalizationon and market valuation. Just because you do a reverse split does not mean revenue increases so your actual P/E ratio will plummet. Now why at 38 dollars a share should we avoid market capitalization and P/E ratio vs Revenue and profitability?
"How is PEG not a profitable arena?"
I've given you my basis, the financial reports. Now since the above words are yours, show me the profitability of PEG. That is what you were inferring, correct?
You didn't mention revenue, you said profit. There is NO profit. I can have a million dollar revenue, but if it costs me 2 million to create, market, and sell the product what good is it? Look at the financials as to net per share, it is and has always been a negative number.
Are you serious? Look at the financials what do they tell you. Secondly, PEG supports public access tv. MMMM wonder what the viewership is on those channels. But again, read the financials, no area is profitable.The next 10Q will show this once again.
First, debt increased ie loss of cash and capital with each quarter. That's not much of an improvement. Best in their field? What field would that be in? PEG??? Not a profitable arena. And still no discussion on the points brought up by management in the proposed proxy document. Let's wait for the next 10Q.
Also on another point brought up in reference to an Ipod, yes if you want an ipod you have to go to Apple, but there are plenty of MP3 players and now smart phones that do much more than an IPOD. So just because you have ONE item that has been recognized, there are many other options available to the consumer. If, TEVE had a monopoly on this area, with only their equipment, don't you think they'd be making money instead of losing it? And looking at the IPOD it has progressed consistently. It's not what it was a year ago. Because of Profitability companies can spend to greatly improve their products and technology. How much money does Telvue have for R&D?
Ok, how about this, utilizing company financial statistics and in depth analysis of the proposed proxy stating that the board of directors may not be able to pay interest payments or renegotiate the debt unless this is voted for, and other than saying hold what you have and buy more. Why should they?
Based on the last years financials and the new proposed proxy statement why should these people buy at all?
Ok let's debate, seeing that noone here wants to discuss the merits of the Proposed Proxy:
Billionaire Chairman of the Board.
No longer providing financing, debt to shares because only way he'll get anything back, not paid in cash because TEVE has no cash. Wait for 10Q, relook past 10Q.
CEO that is a proven Tech genius
Does not mean he's another Bill Gates or Steve Jobs. Company not profitable after how many years?.
Newest addition to management - Donna Liu of UChannel fame.
Good edition if this brings the company to profitability. Time will tell.
Customers like Homeland Security, State Dept, Dept of Transportation, etc.
Still does not mean anything as it costs TEVE more in support and overhead than it takes in. Even with all these "clients" company continues to lose money.
8 of the 10 MSOs use TelVue equipment.
Not enough cash flow from any of these.
Low float.
Not for long.
Let's look at PBS a broadcast company that has been subsidized by the taxpayer for years and never has been profitable. TEVE has been subisidized by Mr Lenfest in the amount over 25 million dollars and never has been profitable. This subsidy is ending. Regardless of having supporting a thousand or a million "tv stations" Not making money is a problem. For those reading these last RA RA posts, wait for the 10Q, Read the PRoxy and make your own decision.
For those who keep thinking share price (as of now) going into the dollar range?? No way, Market valuation does matter. Even for the sake of argument share price is $38.00 after the reverse split while disregarding the increase in shares,what do you think the PE ratio will be. Again wait for the 10Q then you'll know.
Competitors, TEVE calls it webus, Cisco calls it what? How long have they had webus, peg? Read Jacks previous post about how fast technology is progressing, todays tech is already old. Who has the money to advance? Who has million dollar R&D? And PEG is public, educational and government. Not much income from these. Again wait on 10Q. We can revisit this debate then.
No not specifically, but when companies combine it is usually through cash and stock deals, therefore my terminology is "stock" as currency" This in no way means buying out another company or being taken over. It affords the directors to use these authorized shares to keep the company afloat.
Putting the other statement about not being able to pay interest on notes, tells me Mr Lenfest is no longer going to continue to fund or push back the timeline for repayment. As my previous post highlights from 4Xe financial statement in the Proxy. Being run on a deficit for years with no profitability is problematic. If this is voted for by the shareholders,those shares will be available for the directors to do with as they please according to SEC rules without further shareholder approval....as per proxy.
One more Proxy statement:
"It is understood that an important factor in the TelVue Board’s consideration of the Conversion has been the likelihood that TelVue will not have sufficient internally generated resources to repay the Notes as they become due, and may not be able to refinance the Notes on acceptable terms in the current environment."
In otherwords, this upcoming vote will determine if TELVUE can remain viable or have to declare bankruptcy to reschedule debt. If you can't repay the notes, how can you have the funds to operate?
Good Luck to them and you. And thanks for the engaging discussions. Makes this board a much better one.