To: myelin2 who wrote (76 ) 10/13/1998 12:46:00 PM From: Joe Copia Read Replies (1) | Respond to of 195
Telvue Corporation TEVE Phone (609) 273-8888 call for your answers to your question that are not answered here. shares o/s - 23 mil (chairman of board owns 85% of shares) float - 4.5 mil public float - 2.5mil (less insiders) Fully Reporting with SEC homepage: telvue.com Have been profitable for a year and a half TelVue Corporation currently processes more than 4 million Pay Per View transactions per month via telephone, for over 700 cable affiliates. In the fall, they will roll out a service which will allow Pay Per View ordering over the internet. Their internet PPV ordering system has been tested for several months and is expected to conclude this month. Cable subscribers can order PPV movies and events using the Internet instead of their telephone. A list of some of TEVE's products and services: (not including the soon to be rolled out Internet PPV ordering) telvue.com TEVE has developed the pay-per-view (PPV) phone ordering system where you can call up and order PPV programming by hitting a few keys on the phone without an attendant and their system automatically bills the customer, sends the signal to the satellite, and descrambles the appropriate PPV channel....also they have just finished demo-ing their new internet PPV ordering system to cable companies(same type of deal but you order over the internet) and they have received the necessary patents for it.... They are nearly done the test run of the website and the testing will be done by end of month at which time they will announce the success of it and the new contracts with the cable companies....i was told they had worked out agreements so that all cable companies would implement their PPV ordering system but this release was not sent to the major wires, only the local wires...he is looking into possibly re-issuing that PR since most investors never read it..... TEVE also provides cable advertisement and programming and they also have individual deals with companies like WWF, WCW, and Playboy to link from their page directly to the TEVE ordering system to order the PPV events....TEVE also receives revenue based on each hit to their system from WWF, WCW, Playboy, etc.'s homepage TEVE already has agreements signed for ALL the cable companies to be connected to their systems (both phone and internet) . Stock is trading pretty close to it's all time low and looking at charts, it ran from .08 to .28 on just a few hundred k when they released their 10k..... Frank's (CEO) projections for this year are (not including the internet ordering system): 1,244,000 NEW addressable subscribers $6,989,441 in Gross Revenue (does not include Internet orders) $4,245,916 Gross Profit $970,498 Net Income Additionally, they have just recently paid off their $3million debt Joe PTG&LI !!!allstocks.com