FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 2.220

+3.3%

3:51 PM EST

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To: George Kirlin who wrote (25756)	1/23/1998 3:32:00 PM
From: vic klimpl	Read Replies (4) of 41046

What I do is call the company before I panic and sell. Hope folks didnt sell on the news because it isnt anything. I just got off the phone with the CHIEF FINANCIAL OFFICER(Mr. Tom Russel)and as I had suspected this is not in total addtion to the previously announced share issuances but includes the previously announced 5 m shares in the s1 (that got us fully reporting)that includes the warrants,ya de ya de ya and all that old stuff that brought us to 16m and now adds the 1.2m or so shares that raised us the 7 mill. and about it looks like .5 that is contingincy stuff if fnet doesnt ipo and is in lieu of that stock.By the way,my first reaction is that frank peters is effectively giving control up of his company p[otentially 6.7 extra shares to folks in atlanta?dah, are you people living on the same planet as me?FORGETABOUTIT.GGG Have a nice weekend everybody-hope ,if you sold it was for other reasons like buying dad a cadillac.

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