Joe, Please explain how debt becomes a tax write off for TEVE, it is a tax write off for Mr Lenfest along with the billions he is giving away as part of the Gates/Buffet Billionaires Pledge. trying to take past comments and spinning them does not make them accurate. Companies' can write off a myriad of things but debt is debt, they need income/profit to pay that back unless they declare bankruptcy to reschedule/consolidate/renegotiate that debt. Problem is, is that debt continues to grow, thus the expense to pay that debt continues to grow.
What is this bushel basket you talk about? I take it in your opinion this basket has kept telvue from flourishing???? So let me understand, it is marketing that has kept TEVE from moving out of the pink sheets? So you are placing the entire future on this new persons shoulders? Not very reasurring is it. As per Business Week: "Telvue Corporation markets its products and services through direct mail; e-mail; Internet banner ads; search engine optimization; the company's Website; online videos and webinars; and telemarketing."
Wonder what her compensation is going to be, More overhead? According to Business Week for fiscal year 2010 top 5 TEVE executives made a total of $674,000. Pretty good for a company losing millions each year. Anyway, Good Luck. But investors should be asking this: With a Billionaire in charge and supplying all this money, why is this company on the pink sheets? why did this company drop from TEVE.OB stock to TEVE.PK?