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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?


To: BonniesGuy who wrote (12384)10/31/1997 12:00:00 PM
From: John Kratus  Read Replies (1) | Respond to of 18263
 
<<Isn't it ironic that if King was the thief you folks say he is, he WOULD have disclosed more regarding
signed deals from which revenue had not been derived at 9/30/97 to effect the hype necessary to prevent
this momentary downturn and thus have prevented the Caymen Investors from converting lower and
diluting his shares! Speaks volumes reagarding his character and the character of the Zitel team.>>

Please, no, my sides are splitting!

There were NO signed deals. No revenue shows up, because there was none there. King spoke of the two deals that went sour. Believe me, he would have mentioned ANYTHING in the way of a contract, even the smallest one. The company from the East that he referred to probably took the Zitel team out to lunch as a reward for supplying them with documentation. That could have been the revenue that was too small to show up.