SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 2.440-7.6%Jan 30 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Doug Best who wrote (1872)1/10/1997 11:08:00 AM
From: topwright   of 41046
 
James, Thanks for the kind words and support, it is appreciated. As you stated, I used to speak to Frank or someone at Franklin on almost a daily basis for over a year, but recently the access is impossible. Why? Because they are busy beyond comprehension.

Last night was the first time in literally weeks that I spoke to Frank, and even then it was brief. They are buning the midnight oil out there, and I mean the entire staff.

I stated the other day that the MM's are going to get their legs chopped off just below the knees and others will be left in the dust when FTEL releases the news that will be forever written in the history of the company as the turning point from Penny status to "high growth company".

Now, I know everyone continues to focus on the audit as the stumbling block that is keeping us from going forward, and rightfully so, it is the key to opening up the path to a chain of events that are in the making. But understanding those events, will also give you
more solace in the fact that the FTEL may not have pushed the CPA firm for the audit, because a few things needed to strategically take place to create a reason to demand action from the CPA firm. Well those things are now in place.

Let me give you example, remember during the DCTC fiasco, a rumor of misinformation was circulated questioning the status of the voice server. Well it was just a smoke and mirrors tactic by some ill intentioned people/misinformed ignorant people that was absolutely irrelevant. If they knew anything about the industry, then they would have known that until a standardization of the Telephony platform is established, there isn't going to be a widespread usage of "internet telephony" thus making the issue of the voice server's readiness a moot point, at best.

As for the audit's importance, it is very important, but what I'm getting at is that there are othe factors that are underlying the need up till now as to it's timeliness. Now that those other factors are in place, you may see the pressure be applied to the CPA firm to finalize the audit, ASAP.

That is why I am adament about NOW is the time not to get caught up over petty pennies, when dollars are at stake. The MM's can play all they want, but when the rubber meets the road, there are going to be some skid marks, but I think it is going to be on in the pants, not on the pavement.

RB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext