Hey Jack, thought I'd come over here to see what's happening on your other board. But I'd like to answer your mystery comment. My comments are below.
"Why people are buying other stocks and not this one is a mystery best understood by God or the wind devils."
From the recent 10Q:
Item 1 Page 7
As shown in the accompanying condensed financial statements, the Company incurred a net loss of $1,622,378 during the six months ended June 30, 2011, and as of that date, the Company’s total liabilities exceeded its total assets by $23,719,945. Those factors, as well as the Company’s reliance on financing from its majority stockholder, H.F. (Gerry) Lenfest
Recent 10Q Item 5 Page 9:
5. NOTES PAYABLE AND LINES OF CREDIT – MAJORITY STOCKHOLDER
"Since November 2, 1989, TelVue has funded its expansion and operating deficit from the proceeds of the sale of shares of TelVue’s common stock and Class A Redeemable Convertible Preferred Stock to Mr. Lenfest, TelVue’s majority stockholder, and from loans from Mr. Lenfest."
1989??????? And still showing a loss every month???? Ok so not that anyone cares, For me its simple, and in my opinion this is a Tax write off for your majority stockholder, plain and simple. Not to mention he will get the interest ($4,148,489)off all the loans he's made.
This company was formed in 1986 and still showing a deficit, doesn't this seem a little bit like an investment to avoid?? and with so many clients????????
Ok now back to the other board. Good Luck here, I see only a few people here as well. Have a great weekend.
