Replies to post #9813 on Telvue Corp. (fka TEVE)

[10 bagger]

THIS FURTHER PROVES THAT THE OLNY CHARITIES THAT LINQUIST WILL SUPPORT ARE FOR HUMANANS AND HIS FAILED VENTURES INTO PUBLIC STOCKS HAS FAILED AND THE POT AT THE END OF THE RAINBOW WAS BUT AN ILLISIUN WITH HIM AND A DREAM WITH THE OUTSIDE GREEDY SHAREHOLDERS LOOKING FOR A FREE RIDE.. THAT RIDE WAS DISCONTINUED WHEN HE PULLED THE PLUG ON BOTH COMPANIES ON FURTHER FINANCING.. HIS OTHER COMPANY ALSO HAS NO GROWTH OR PROSPECTS OF GROWTH IN THE FUTURE.. iT'S THE END GUY'S..

SORRY.. BTW ,, NO ONE REALLY BELIEVED HE WOULD BUYUP ALL THE SHARES FROM EXISTING SHAREHOLDERS FOR $1000.00 PER SHARE ,, REALLY.. HANK

(ii)
PNC Bank provided to the Company a new five-year term loan of $15,000 (the “Term Loan”). The Company used $10,000 of the proceeds from the Term Loan to repurchase and retire 10,000 shares of its Series D and Series E Preferred Stock owned by Lenfest at the stated price of $1,000 per share. The remaining $5,000 was used to repay indebtedness currently outstanding to PNC Bank and to pay Lenfest $417 of interest due under the Lenfest Pledge, in cash, in lieu of Series D Preferred Stock. The $10,000 in marketable securities associated with the Lenfest Pledge has been returned to Lenfest and the Lenfest Pledge has been terminated; therefore, as of November 23, 2012, no interest has been accrued for under the Lenfest Pledge.

(iii)
the Line of Credit is no longer guaranteed by Lenfest. Instead, the Line of Credit and Term Loan are secured by substantially all of the Company’s assets. In addition, the Term Loan is guaranteed by Lenfest for a period of thirty months, (i.e., until March 31, 2015), after which the guarantee will be removed.

[qtipjoe]

This board is about Telvue. Using another company to go on and on about what ever fits you fancy is the same old blue smoke and mirrors. People who own Telvue stock know what they own. They are a part of a very special cadre of blue collar, hard working people who have some of the approximate 30,000 shares available at Telvue. Not one person sold one share for purpose of tax lose in 2012. You may wish to twist that to mean something else if you like but people here are not stupid.

[AlanC]

You are interpreting those statements incorrectly imho. I was a banker for 15 years before opening my own company and my interpretation of the comments you posted was entirely different than yours.
From a bankers point of view the company is now strong enough to stand on its own without Mr. Lenfest having to guarantee the companies debt.
Mr Lenfests loan is now repaid and there will be no more interest expense in this regard.
I interpret those comments to mean the company has turned the corner.
Looking forward to news and seeing the shortman pay for his sins!
Go TEVE!!!