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Microcap & Penny Stocks : Tels Corp. Extremely Undervalued with Strong Fundamentals!

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To: gunslinger who wrote (63)1/1/1999 10:14:00 PM
From: Steven G. Trapp & Company   of 79
 
TELS Line of Credit CALLED!

According to page 11 of TELS 10Q for the period ended 9-30-98

TELS line of credit was out of compliance with certain debt convenants under the terms of the line of credit!

TELS has been notified that their line of credit will need to be replaced with a different lender!

Way to go again Board and Mgtment! How old is this line of credit?

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