Telvue Corp. (fka TEVE)

[agribusiness72]

Yet you fail to see where the proxy states because Lenfest is accepting the shares in the amount over 75,000,000 shares dilution takes place as soon as this deal is approved. Thus the proxy states it WILL dilute other investors shares. Thus the reason for the needed increase, 49 million to over 110 million shares. These shares though owned by Lenfest are in fact part of the float once executed.