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Technology Stocks : Covad Communications - COVD

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To: Harold S. who wrote (9997)	2/15/2006 10:12:28 PM
From: rrufff	Read Replies (1) of 10485

Covad is a real company and operates under differnt rules from penny stocks. Nothing wrong with pennies. I own many. But EFCR falls into the category of promise and nothing else. You have nothing there, other than toxic funding and dilution. Shall we explore it. You call this a real company? "prepare to negotiate". shall we prepare to negotiate? all sing, "Prepare to negotiate." What kind of fool are you? First a pumper of PLNI and then a a basher? ITEM 8.01 OTHER EVENTS As of September 23, 2005 the Registrant reports that negotiations in the former Russian Republic of Kazakhstan to purchase a controlling interest in the Oil and Gas Joint Stock Company TransNafta Center are on hold pending status and clarification of the Kamenkovsky block exploration license. Registrant’s overseas legal counsel discovered the license to be in suspension. Additional documentation and assurances are required to complete the due diligence processes mandated by the Registrant and its projected financial partners to continue its negotiations to finalize the transaction. The Registrant will amend this Form 8-K/A in the event that a definitive agreement is reached, however, no assurances can be given that this will occur.

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