Chief Financial Officer proposes the sale of all 179,000 of his current shares !
valuespec.com
RB, aren't you aware of that? Maybe that would give your readers some real indication of the future of this company.
RB writes:
<<Many months ago I had written that we really wouldn't know the true potential of what we really owned until approximately late April, possibly May-June time frame.>>
Also, RB you said the potential of this company was Great. In fact, you expected $ 12+ million dollars in sales in 1997, didn't you? Last quarter, of course, they only had about $ 280,000 in revenues!
Now you are saying by the May-June time frame you'll know the true potential of this company? You sure sounded sure when you were estimating those many millions of sales in 1997.
I said that by June 30, 1998, that the "storm of sales" that many expect probably won't come.
Finally, one might want to consider all the shares Frank recently sold ,too:
valuespec.com
FTEL: $ 4.38b $ 4.53a
VALUESPEC
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