0001161697-12-000971.txt : 20121226 0001161697-12-000971.hdr.sgml : 20121224 20121226112218 ACCESSION NUMBER: 0001161697-12-000971 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20121221 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121226 DATE AS OF CHANGE: 20121226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TELVUE CORP CENTRAL INDEX KEY: 0000839443 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 510299879 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17170 FILM NUMBER: 121284427 BUSINESS ADDRESS: STREET 1: 16000 HORIZON WAY STE 500 CITY: MT LAUREL STATE: NJ ZIP: 08054 BUSINESS PHONE: 8562738888 MAIL ADDRESS: STREET 1: 16000 HORIZON WAY STREET 2: SUITE 500 CITY: MT LAUREL STATE: NJ ZIP: 08054 8-K 1 form_8-k.htm FORM 8-K FOR 12-21-2012

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549



FORM 8-K



CURRENT REPORT


Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934



Date of Report (date of earliest event reported): December 21, 2012



TelVue Corporation

(Exact name of registrant as specified in its charter)



Delaware

 

0-17170

 

51-0299879

(State or other jurisdiction

of incorporation)

 

(Commission

File No.)

 

(IRS Employer

Identification No.)



16000 Horizon Way Suite 500

Mt. Laurel, NJ 08054

(Address of principal executive offices)



(800) 885 8886

(Registrant’s telephone number, including area code)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Item 8.01  Other Events.


On December 21, 2012, the Board of Directors of TelVue Corporation (the “Company”), approved the suspension of the Company’s reporting obligations under Section 13(a) and 15(d) of the Exchange Act (the “Deregistration”). The Company intends to file a Form 15 with the Securities and Exchange Commission (the “SEC”) on or about December 26, 2012 to effect the Deregistration. Upon the filing of the Form 15, the Company’s obligation to file periodic and current reports with the SEC, including Forms 10-K, 10-Q and 8-K, will be immediately suspended.


On December 26, 2012, the Company issued a press release announcing its intention to file a Form 15.  A copy of this press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.


Item 9.01  Financial Statements and Exhibits.


(d) Exhibits


Exhibit 99.1     Press Release

 


SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

TelVue Corporation.

 

 

 

 

 

Date: December 26, 2012

By:

/s/ Emmett B. Hume

 

 

 

Emmett B. Hume

 

 

 

Chief Financial Officer

 


- 2 -

 EX-99 2 ex_99-1.htm PRESS RELEASE

Exhibit 99.1


TelVue Corporation to Suspend SEC Reporting Obligations


December 26, 2012 (Mount Laurel, NJ)  TelVue™  Corporation (OTCQB:TEVE), the innovation leader in television and Internet broadcasting for communities, cable operators and media companies today announced that it will voluntarily file a Form 15 with the Securities and Exchange Commission (SEC). Upon such filing, the Company’s obligation to file certain reports with the SEC, including annual, quarterly, and current reports on Forms 10-K, 10-Q and Form 8-K, respectively, will be immediately suspended.


After thoughtful and deliberate consideration, the Company’s board of directors made this unanimous decision based upon a thorough review of the associated costs and benefits of being an SEC reporting company and the underlying regulatory reporting obligations. The Company believes that the incremental cost of compliance with SEC public reporting requirements does not provide a discernible benefit to the Company and its stockholders at this time, given the extremely low trading volumes in the Company’s stock, and believes that at this stage in its development the attention and resources that are currently dedicated to SEC reporting compliance would be better devoted to growing the business.


Jesse Lerman, CEO of TelVue, said, “After a thorough review of the costs and benefits of compliance with a heavy SEC compliance load relative to our size and stage of development, we have decided that it is in the interests of the Company and our stockholders to suspend our filing obligations. This will allow TelVue to focus more of its energy and resources on attaining our growth and profitability goals.”  TelVue expects to take steps to maintain its ability to reactivate its SEC reporting at relatively low cost, if such conditions render this advantageous. TelVue plans to continue to provide summary financial statements to those shareholders of record who request to continue to receive them.


Questions and Answers concerning the Form 15 filing can be found on the Company’s website at http://www.TelVue.com.


About TelVue Corporation


TelVue® Corporation is a broadcast technology innovator and leader that helps video broadcasters automate their channels, expand their audiences across multiple screens, and broaden their ability to monetize their content. TelVue’s professional quality broadcast equipment and cloud video services include all-in-one digital broadcast servers, live Internet streaming, IP video on demand (VOD), multi-user contribution and transcoding, and web-based digital signage. TelVue® serves the local origination and leased access needs for 8 of the top 10 Cable and Telco MSOs, powers over 1,500 hyper-local and PEG channels, and delivers local programming to over 30 million households. For more information about TelVue®, please visit http://www.TelVue.com


Contact:        Emmett Hume    (800) 885 8886 x 245    /    ehume@telvue.com


16000 Horizon Way,  Suite 500,  Mt. Laurel,  NJ  08054