Have heard there is a conf call at 9:30 am, open to ALL by: InvesmentLady 19312 of 19312 The number is 800-533-0326, at 9:30 eastern--the opening bell. It will be an open forum and all can listen in and participate, it will be taped.
Apparently, ATT logistics won't let them do the call any earlier, though I urged them to do so.
They will discuss the suspended strategic partnership, financial health, operations, and take questions.
Francis told me they have paid off all SHORT-TERM debt and they will go over that more in detail, including the terms of the convertible debt conversion and their ability to buy it back.
Look folks, like most of you I am pissed, disgusted and feel betrayed. I was counting on the deal too. Now I am worried about damage control and just how is the company situated for the convertible, dilution, ability to pay debt service, integration of consolidation, accounting system integration, sales growth, margin growth, etc.
So I will listen in on the call with an angry ear, hoping to hear they are not desperate with facts and what they have to say about the health or risks for the company now. And what the heck happened to *the deal*.
Lady |