Telvue Corp. (fka TEVE)

[agribusiness72]

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.