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Re: edward757 post# 9740

Wednesday, 01/09/2013 12:50:11 AM

Wednesday, January 09, 2013 12:50:11 AM

Post# of 20680
and that's provided they create the reports, like you noted, "I will be sent financials as they are completed"I bet they didn't tell you when to expect the annual report??..... provided they are audited, and provided they can afford to pay an accounting firm. Of course they are saying they will be available, you think they'll tell the real situation of the company?? I'm surprised they aren't already being dismantled or sold, I give it three months if no financial capital is obtained. 5 million dollars given to telvue at the beginning of the year, and they only had a little over 1 million remaining, that means they burned through not only 4 million dollars from the preferred shares but also all the revenue that came in. And still owe over 100K to Mr Lenfest. So financial reports won't matter if there are no finances to move forward.
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