Now we’re back to the same recycled fear campaign: credit lines, thin margins, ballooning share count, and the idea that the Q1 press release was some kind of deception.
Let’s slow this down and walk through it piece by piece.
Q1 net loss? Sure, on paper it was nearly $2 million. But most of that was from non-cash financing losses tied to derivatives. Anyone who’s actually read these reports knows the difference between accounting losses and operational cash flow. And anyone who’s paid attention knows June flipped into profit, $623K net income (or $1.15M depending on interpretation). That isn’t disputed. So what’s the game now? Pretend that Telvantis is lying again, despite the fact that Q2 numbers haven’t even dropped. “He said verified revenue!”, yes, and it was. Revenue was correct. It was the paper losses from derivatives that made it look worse than the headline, and that distinction matters. Anyone not mentioning it is either lazy or dishonest. Credit lines? Of course they have one. This is a high-volume, low-margin reseller model, they’re buying wholesale and reselling. That's how it works. Do you know who else uses credit lines? Every real company on the planet. The question isn’t “do they use credit,” it’s “are they scaling, are they profitable, and are they tightening margins?” As for that quote from the 2024 annual, “we will be required to obtain significant additional capital”, that’s a year-old boilerplate statement before Telvantis took full control. Since then, they haven’t diluted. They haven't raised through equity. They haven't done a single reverse split. They’ve trimmed ops, integrated Americrew, and showed growth month over month. And yes, they might use Reg A eventually. That’s not a scam, that’s a tool. And let’s not ignore the obvious: the float hasn’t moved. If they were unloading on retail, we’d see it. But we’re not. Instead, we just watched over 289M shares trade at a $0.0018 VWAP without the price budging. That’s not dumping, that’s someone soaking up supply.
So what’s the real story here? It’s emotional. He’s not trading. He’s not neutral. He’s someone who needs the scam narrative to be true, even when the numbers suggest otherwise. He wants to be able to say “I told you so” more than he wants to be right.
You don't have to believe in Telvantis. But you do need to look at what they’ve actually done, not what someone angry on a message board says they might do.
My work is never done.
Bullish
AI
