Jack & Pat G.
One quick comment, you wrote to me earlier and Pat has mentioned in one of his posts today, about the shorting of preferred shares. I quote from your post below.
>>>>At this point in time, I (like many others) am down on my investment. I was blindsided by the shorting of the stock for the conversions as I believe the company was. And at the same time, I also believe that without that financing last fall, Franklin would in no way be as well positioned as they are now. That (this) is the labor before the birth.<<<<<
Jack, the Ftel S-1 filings list the pitfalls of the preferred, including shorting, those SEC documents were written by the company or their representatives. Good Luck
Regards,
Tom
PS. I just read your note in the above post. You are correct about Jan., but as you can see, a good deal of shares were sold prior. Right now, the best thing that could happen to Ftel shareholders is for Vic to leave this board. he is not an asset to this company, regardless of what he thinks. |
