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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.707+7.2%10:31 AM EST
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To: Mitch Aunger who wrote (38232)10/2/1998 12:29:00 PM
From: vic klimpl  Read Replies (2) of 41046
 
Mitch,
thats the correct interpretation.However,fnet in my judgement owes ftel money beyond what they have been given in equipment and what they will purchase in future.There have been ongoing expenses incurred by ftel holders 100% over the last nine months or so (i.e.salaries,office space ,supplies,t&l,etc).A lot of our loss incurred in the last 10k can be attributed to the start up of fnet.I would expect total compensation as an ftel stockholder and that could be a very big turn around in ftel bottom line albiet a one time event.
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