If we're going to talk about facts, let's start with a definition.
fact
Definition
Event, item of information, or state of affairs existing, observed, or known to have happened, and which is confirmed or validated to such an extent that it is considered 'reality.
So a fact has to:
exist
be observed or known to have happened
confirmed or validated
Under this defintiion the following are some of the facts as we know them today:
TEVE is in business and has been in business for a number of years making various communications equipment and providing related services to a large number of clients
TEVE has lost money for at least seven years
TEVE has gone dark and has not issued financials for a number of quarters
TEVE was looking for funding late last year
TEVE did a 1 to 200 share consolidation
Mr. Lenfest has converted money owed hiim by TEVE to shares and holds over 90% of the company's shares
TEVE has let go many of its senior executives presumably to reduce costs
TEVE has announced the date of an annual meeting shortly
TEVE has announced its intentions to issue financials to shareholders
The following which have repeatedly been stated here by longs are NOT facts
TEVE has a large number of shorted shares - no evidence
TEVE will be profitable - conjecture
TEVE will issue a dividend - conjecture based on the premise that it'll have sufficient funds and and the Board approves it
The following which have been repeatedly stated by those who question the future of TEVE and are NOT facts
TEVE will go bankrupt - conjecture
TEVE will go private or be sold - conjecture
TEVE will not issue financials - conjecture
TEVE willl not hold a meeting of shareholders - conjecture
In other words, nothing about the future is or can be fact, not even that the sun will come up tomorrow. Still conjecture with a very high probability fo becoming fact tomorrow morning, but still conjecture until then.
So let's not confuse fact with what are our convictions about the future of TEVE or anything else.
