Telvue Corp. (fka TEVE)

[gabeh]

Joe, there were some 45 million shares out prior to the debt swap. Then the debt was exchanged for 75 million shares resulting in a total of 120 million shares being issued. These were then rolled back by a factor 200 to 1, yielding a current issued number of shares of around 600,000. ( 120 million/200 )

Before the debt swap, the market cap at .50 cents a share was 45 x .5 or $22.5 million with $25 million or so debt.

Now, at say the $100 sp, market cap is $60 milion with no debt.

It'll be interesting to see where the sp settles once trading starts. Volume is likely to be very, very low. In the first three months a couple of hungred thousand shares traded for a total value of less than a hundred thousand dollars. At $100 per share, the volume is likely to be a few hundred shares a month.