I mentioned to my niece that In all the years of the penny market TelVue was the only stock that was a unique and perfect storm.
Her answer was "I find that hard to believe". I have spent time thinking about that one and she is correct. It would be natural for someone to say because given the shear number of companies it's all most impossible. I'll make this as brief as possible to prove a point but we are talking 15 years here.
It the beginning TelVue had the worst business plan in history. Doing something for cable companies that the cable companies could do for themselves and do it cheaper.
If there ever was a company that was ripe to be shorted this was it. They had to get into something else and fast. They went into a bottomless pit of burning money faster than is humanly possible. They decided to built a nation wide network of PEG channels. Fortunately there was Gerry Lenfest and his billions to throw his money on the fire that could not burn long.
In the past PEG channels have made little for TelVue because they are funded by the government and scratch daily for survival. At lease that was the case for years. Right now because of the political turmoil in our country each day PEG channels are becoming more and more popular in our country and controlled by TelVue award winning software are making money for TelVue.
If anyone wanted the company that was the poster child of short sales this puppy was nothing but a target. Many could not believe their good fortune.
Gerry spent more money than he should for a company called Princeton Server Group. What followed as Jesse Lerman became CEO is a customer list of the top cable companies in the country and many specialty companies in streaming video and cloud computing. Many more than can be listed here . Interested you can follow this link.
http://www.telvue.com/clients/customer-list/
A company that was deeply in debt has a debt of zero.
They have a 39 million dollar tax write off and will pay no taxes on their profit for some time.
They have mad more profit in each of the last quarters and are projected to continue.
Experts in this field say the streaming video business will make billions in the near future and TelVue leads the way.
The nice part is because of a 200 to 1 reverse which we came out of nicely we have only 55,000 shares available and Gerry Lenfest the owner of the other 93% will be holding his.
TelVue people buy and hold the shares they can get their hands on.
You tell me how high this can go.
Her answer was "I find that hard to believe". I have spent time thinking about that one and she is correct. It would be natural for someone to say because given the shear number of companies it's all most impossible. I'll make this as brief as possible to prove a point but we are talking 15 years here.
It the beginning TelVue had the worst business plan in history. Doing something for cable companies that the cable companies could do for themselves and do it cheaper.
If there ever was a company that was ripe to be shorted this was it. They had to get into something else and fast. They went into a bottomless pit of burning money faster than is humanly possible. They decided to built a nation wide network of PEG channels. Fortunately there was Gerry Lenfest and his billions to throw his money on the fire that could not burn long.
In the past PEG channels have made little for TelVue because they are funded by the government and scratch daily for survival. At lease that was the case for years. Right now because of the political turmoil in our country each day PEG channels are becoming more and more popular in our country and controlled by TelVue award winning software are making money for TelVue.
If anyone wanted the company that was the poster child of short sales this puppy was nothing but a target. Many could not believe their good fortune.
Gerry spent more money than he should for a company called Princeton Server Group. What followed as Jesse Lerman became CEO is a customer list of the top cable companies in the country and many specialty companies in streaming video and cloud computing. Many more than can be listed here . Interested you can follow this link.
http://www.telvue.com/clients/customer-list/
A company that was deeply in debt has a debt of zero.
They have a 39 million dollar tax write off and will pay no taxes on their profit for some time.
They have mad more profit in each of the last quarters and are projected to continue.
Experts in this field say the streaming video business will make billions in the near future and TelVue leads the way.
The nice part is because of a 200 to 1 reverse which we came out of nicely we have only 55,000 shares available and Gerry Lenfest the owner of the other 93% will be holding his.
TelVue people buy and hold the shares they can get their hands on.
You tell me how high this can go.
Telvue Corp (TEVE) Stock Research Links
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.
There is no limit to the loss of someone has been caught in a short squeeze.
