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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?


To: golfinggramps who wrote (20860)11/8/1997 6:19:00 AM
From: William Harvey  Read Replies (2) | Respond to of 41046
 
Jim,

The 3.1 million shares is to cover the warrants issued which will add some $2.5 million to FTEL's coffers. From the President's Message "2.File an S-1 Registration Statement with the SEC to register warrants for FTEL Stock granted in 1995. This should raise $2.5 Million - non dilutive. Underway, nearing completion." Warrants DO raise interest in a company and heightened awareness will bring investors in.

Anybody see FTEL's stochastic lately? It's in the 'tasty' zone.

Hi Harvey :-)

WH