Telvue Corp. (fka TEVE)

[agribusiness72]

I agree, yet I think they said everything they could in their proxy. To me it was a last ditch effort prior to bankruptcy. The proxy statements of problems with paying even the interest on the loans was troublesome, yet all of a sudden they have enough cash to continue for 12 months?? You and I both know we'll find out each quarter as they continue to report negative earnings. I expect either a secondary offering of shares to raise cash or utilizing shares to pay for overhead costs.

Also the fact that they appear to have not made any corporate statement should speak volumes. Could you imagine Steve Jobs not taking the opportunity to address the shareholders in any of Apples meetings, annual or otherwise. Either a very bad misstep or done on purpose as you never report bad news. At a minimum you'd think there would have been a question and answer session with the CEO.