At the shareholders meeting of TelVue the first t
Post# of 5282
Posted On: 06/28/2013 5:28:17 AM
At the shareholders meeting of TelVue the first thing the CEO Jesse Lerman said was "We have on hand enough cash to continue for a year with no additional funding". This was not part of the closed door meeting but was in open session. The reason they have funding is they do not spend the money for fluffy PR's designed to pump the stock price. Their focus is on making money and are in now way concerned about the share price.
You can not stop someone who was not there from saying the company will go out of business in 5 months if they want to say it. You can't stop them from yelling "FIRE" in a crowed theater. If they make a mistake and yell "FIRE" at a police and fireman's convention the only one who loses and goes to jail is the perpetrator.
There was no rush to sell shares to start a fire sale yesterday nor will there be one today but there could be a rush to buy.
The facts are simple. Telvue has a total of 55,000 shares in the float. Not the 300 million many penny players are used to but 55,000.
TelVue has no debt.
TelVue has about 39 million in accumulated tax credits.
TelVue is the leader in what they do and their customer base proves that.
TelVue does not require any additional funding to continue operations and very shortly when they can prove they do not need money then getting a line of credit is easy but not necessary.
Eating an elephant requires a single bite at a time. 30 shares or 40 do not show because it is less than 100 but it shows in your account and makes you smarter.
The stock will run and it will run really big and that is when the people will pay the most to accumulate shares.
"What's in your safe".
5am. Time for a three mile run.
You can not stop someone who was not there from saying the company will go out of business in 5 months if they want to say it. You can't stop them from yelling "FIRE" in a crowed theater. If they make a mistake and yell "FIRE" at a police and fireman's convention the only one who loses and goes to jail is the perpetrator.
There was no rush to sell shares to start a fire sale yesterday nor will there be one today but there could be a rush to buy.
The facts are simple. Telvue has a total of 55,000 shares in the float. Not the 300 million many penny players are used to but 55,000.
TelVue has no debt.
TelVue has about 39 million in accumulated tax credits.
TelVue is the leader in what they do and their customer base proves that.
TelVue does not require any additional funding to continue operations and very shortly when they can prove they do not need money then getting a line of credit is easy but not necessary.
Eating an elephant requires a single bite at a time. 30 shares or 40 do not show because it is less than 100 but it shows in your account and makes you smarter.
The stock will run and it will run really big and that is when the people will pay the most to accumulate shares.
"What's in your safe".
5am. Time for a three mile run.
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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.
There is no limit to the loss of someone has been caught in a short squeeze.