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AlanC

09/23/13 7:31 AM

#13020 RE: qtipjoe #13019

The company is executing its plan to obtain a fair market cap for the company and justice for its investors. With a mere 55,000 shares in the float the company now has lots of options. If the company earns a profit this quarter, which I expect it will, we could see a dividend declared that would benefit those who own the 55,000 shares and yes Mr. Lenfest could exclude his shares if he chose to. Seems to me I read the fees alone being saved by going dark were around $80,000. per year. Paying our $55,000. of that in dividends wouldn't seem unreasonable to me to start the ball rolling. Of course a stock dividend in combination with that wouldn't hurt either. Go TEVE!!!
Revenues/earnings/dividends!

gabeh

09/23/13 7:44 AM

#13021 RE: qtipjoe #13019

I never called the company a POS. Please show me one post where I did. I said in that past that they lost money for years, and that's fact. And now they've made 35,000. Better than a loss certainly but without potential investores knowing how that was achieved it's a questionable number until the company publishes audited financials. Asking investors to invest before they can see the financials is like asking people to buy a care before they can test drive it or get performance figures, or even have a look at it. What's the point?

What I said was that constantly pushing the notion of a large short position was mistaken as there is no evidence for that and there is evidence that there is no short position. Secondly that having only 55,000 shares in the float in no boon.

It's a disincentive for new investors as well as for investors who want to sell as there is no market. And that's clear when the bid/ask spread is 20 to 60 or something similar. What matters is the total number of shares the company has issued as that determines market cap and the size of any dividend, should there be one.

I've also said that claiming that the compay is going to grow significantly and pay dividends in the near future is pure quesswork, if not pumping the stock. So it's not the company but claims about the company posted here that's the problem.

TEVE may do very well in the future and I've always said that. We just don't know. It's in there fighting very big fish with deep pockets.