Telvue Corp. (fka TEVE)

[agribusiness72]

Well that's a change, but still doesn't effect TEVE's need for financing to go forward, As a company you need a line of credit as has already been mentioned, and yes the past means something as far as their financial ability to repay, therefore, the past shows they do not have the ability to pay. Having a financial entity give up to 250,000 on a company that is looking for additional bank capital while NOT paying interest on preferred shares, the past shares for debt transaction is a stretch. TEVE should have already had in place a financing activity instead of relying soley on a human being.