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Non-Tech : Secret Squirrels hit!

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To: Wayne Rumball who wrote (3485)12/21/1998 4:45:00 PM
From: Trumptown  Read Replies (1) of 12872
 
FTEL - oh Wayne, legal consultant extrordinaire...can you translate this for us commoners...? Accumulating below a buck...will not be following day-to-day for a while

Thanks,
SR

From the website (updated today):

"Frank is very committed to Franklin Telecom and believes in its potential for success. In order to relieve shareholder concerns, Frank has agreed to consolidate all debts, defer repayment, remove the discounted stock conversion feature, eliminate any future interest charges and remove the security in Franklin's assets by filing a UCC2. "
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