SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks Message Board

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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

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To: Robert Knight who wrote (12400)	11/18/1997 10:21:00 PM
From: michael d kugler	Read Replies (2) of 13351

Robert, Not sure where Tele is...but I can tell you that the bankruptcy is proceeding, albeit slowly. They have just received the SEC docs and re in the long process of going through them so they might verify claims on assets. I have heard the bankruptcy court has petitioned the SEC for the frozen money to be used to pay creditors. I have been told earlier by the SEC this money would go to shareholders, and I have not received return calls on this inquiry to date. But these guys are busy too. Stay tuned, here, for further developments, but don't hold your breath. I believe Shannon Terry is still in circulation. It's not over yet, for a lot of these guys.

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