Telvue Corp. (fka TEVE)

[agribusiness72]

Of course they said that, what else would they say? They are still trying to get funds and laying off people so they can last another year. No guarantees in the business world. Time for management to take a paycut, and still waiting on the CEO to purchase some stock, such a low pps and yet no interest from management either. Just how do you propose they pay back a loan when 1) they can't pay the interest on the preferred shares, 2) they continue to lose money so there is no profit available to pay back the loan? 3) Last repayment was done in shares, which in turned decimated the PPS, and banks don't take shares as payment. Where do you see the positive??