Replies to post #6846 on Telvue Corp. (fka TEVE)

[agribusiness72]

negative jack, I thought you read the proxy, so to help you out here's more from the proxy:

pg 5,:
As of December 30, 2011, the number of shares into which the $20,941,000 Notes and accrued and unpaid interest would be converted is 73,172,949 shares of Common Stock. This number of shares would slightly increase over time as a result of the accrual of interest on the outstanding debt.

continued on pg 6: Impact on Stockholders of Approval or Disapproval of this Proposal

The substantial increase in the number of outstanding shares of Common Stock will have a dilutive effect on the Common Stock of the Company.

So Jack, add 73+ million shares to the current 49 million, and this is not the only place the word dilution is mentioned. I'll leave it up to you to read it again. Therefore, if they conduct this restructuring and delay the reverse split, you are most definitely going to see your shares plummet due to this dilution.