First thing to remember. Telvue is not a pink sheets company. Telvue has always been a fully reporting Over The Counter Bulletin Board company with the designation of TEVE.OB for many years. A requirement of being an OTCBB company was to have at least one market maker and when Knight saw the hand writing on the wall awhile back it dropped Telvue and about 7000 other companies. The designation of TEVE.QB was given to Telvue as a fully reporting company. The transfer agent has never been gagged. This means that anyone (including you) can pick up the phone and call the agent and check on the share structure which has been the same forever. Fifty million authorized and Thirty-seven million are Gerry's. You may own some of the float.
Along the way shares of Telvue may have been sold and for some reason or other there may be a few more out there than there should be. If that is the case the company is about to find out who has their hand in the cookie jar. The share structure will be changed and as a result it will be even more inviting than it was. The price of the stock, for now, will remain the same except you will pay 200 times more for a share of stock than before. One thousand dollars worth of stock will still have a value of one thousand dollars. If paying 200 times more bothers you then you still have five days to buy at today's prices.
What can the person who may have sold our stock do to get out of the fix they are in ? There is only one thing. They want your shares. They need your shares. They will tell you any lie you wish to hear. You may not think they are in a short squeeze yet buy they know they are. By this stage of the game with hundreds of companies they would have the price down so low it would have been a walk in the park to buy for less than a penny and cover. Not with Telvue. We hold everyone of our shares and we get more when we can. If shorty takes the price down, and he can then what. People will hold what they have and when they like the price they will buy more. Shorty does not want the price to go up. When the price goes up -- Well I won't bore you with that. You will talk about this situation as long as you may live and you will never see it happen again. I know you want everything yesterday but as each quarter passes and more profit must be put out in dividends to those who own this company will you be one of those who will be second guessing yourself ? Sorry but no one else to blame.
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