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Telvue Corp TEVE
Posted On: 01/20/2013 8:30:11 AM
Post# of 5282
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Posted By: qtipjoe

Small outfit in N. J. with the worst business plan in America. Selling special event numbers to TV subscribers that the cable company could handle themselves.  What a loser. So why did I bet on them. Had to go up from that start.
Got into PEG channels. Hyper local TV stations from coast to coast using Telvue technology. The band leader at that time was my friend (give it away) Joe Murphy who never saw a cut price he did not like. It's easier to give it away than it is to sell it. Ask any salesman. In the big picture it worked quite well. Small towns who had limited funds could have their own TV channel for the community and it grew all across the nation. One problem. Not much money in it. Again in the big picture it worked out well.
Next Gerry Lenfest spent way too much money for a losing outfit called Princeton Server Group. Motto "Many and Many new and exciting things". All of which cost money. I kept buying and it still fit in the big picture.
Bad economy. Can't sell servers. Great Idea. Sell the servers to ourselves put them in a building in Philadelphia and call it the cloud. I wanted to shoot myself but never got around to it. Again it worked out so what do I know. I kept buying.
Jesse Lerman next and Princeton Servers. Jess knows squat about the penny market he believes everything he reads about short stock sales written by bashers but he is the best there is at electronic  engineering. When it comes to not knowing about the penny market Emmitt Hume is a match for Jesse. At least he got them to do what I asked them to do three years ago and focus on the bottom line. They are doing that now and in the big picture will work out well.


This situation will never be duplicated. Without Gerry Lenfest there would have been nothing. No Telvue , no Princeton Server Group , just a company trying to survive with the sale of stock which would have been cellar boxed by now. Without the greed of Shorty the short man  would not be trapped as they are with no hope of getting enough shares to cover. They are in a panic.

At the same time many of the investors here are missing the boat. No funding in their account. No trying for shares. I know. You make a bundle here and say what's next. Hear in now and try to get it straight. THERE IS NO NEXT. THIS WILL NEVER HAPPEN AGAIN.

Hold what you own and add as cheaply as you can.













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Holding TelVue shares has made it the billion dollar bomb shell it is.

There is no limit to the loss of someone has been caught in a short squeeze.






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