Questions asked by a poster on 2 January 2012. And what we know a year later
A few questions that deserve answers:
1. What is the estimated time period for the total Lenfest debt to be repaid, how many years?
Diluted everyones shares by adding hundreds of thousands of presplit shares in lieu of debt, but there is still debt unpaid and accumulating.
2. Estimated time period until the company is able to show a profit?
Still to be determined if ever, but not looking good.
5. What is the likelihood of the company remaining a viable going concern if Lenfest stops providing funds?
Great question, we'll know soon enough.
6. What financial entity is likely to provide financing in Lenfest's stead?
No one as they can't find financing, they looked but no joy.
7. What enticement(s), if any, exist on TEVE's balance sheet for the past 5 years that could be seen as encouragement to a new potential lender wanting to loan funds to the company?
Obviously none, no financing, they looked but.....
12. What happens to the company if for some reason Lenfest decides to call in his notes?
Company goes bankrupt as they currently are not paying the interest on the preferred shares for the last 5 million dollars he gave.
13. What is the probability the company can survive in the event Lenfest shuts off his lifeline to the company?
Another great question, we are seeing those results live, soon we'll know.
19. What does the company feel is its weakest link?
No money
22. What is the attrition rate for TEVE clients for the last 3 -5 years?
What's more important is how many leave now that the company is delisted? and future is in even more question than last year.
