I am naive and trusted FTEL for several years. Called the company, talked to employees, been by the WLV, but I am getting skeptical (or have been for awhile). Consistency of sematics in CEO, COO messages, are confusing. Either they pay in advance in cash as some say (which is not what CEO says)or they do not ("often, in advance"). Now, any intelligence would send a signal that either a new message be put out confirming cash in bank or not. I do not like the hidden so-called customers either, there is no legitamite reason for non-disclosure. Especially, when they do, the customer gets halted! Maybe the new NASDAQ rules will bring out some of the truth of financials, IF they intend to stay listed. One does not need to own a stock in order to post. Atleast the 10Q's and messages say "product being tested, evaluated, and they do not confess to insure success". Those statements are virtually gone unread by many.
still buying, and selling, when I hit MY investment goals.
Mike |
