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

To: William Harvey who wrote (21157)11/13/1997 10:51:00 AM
From: topwright  Read Replies (2) | Respond to of 41046
 
William, here is another interpretation that may apply.

This could mean that certain events within the S-1 become effective, while ohters are subject to change or ammending.

In other words the SEC has approved certain provisions within the S-1 and others are still under scrutiny.

Just guesses on my part as this legaleze is not my cup of tea. What do you think?

Rb



To: William Harvey who wrote (21157)11/13/1997 10:56:00 AM
From: James E. Glover  Respond to of 41046
 
William:

You are correct! I think we are going to get a well coordinated, orchestrated, series of announcements. The chart will show this before it happens. Lots of accumulation tho.

Jim G



To: William Harvey who wrote (21157)11/13/1997 11:03:00 AM
From: Martin P. Smith  Respond to of 41046
 
My take ( may as well have a Brit take a stab). In the future FTEL will file another ammendment that names this ammendment and makes it effective.

"THE REGISTRANT HEREBY AMENDS THIS
REGISTRATION STATEMENT ON SUCH DATE OR DATES AS
MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE
UNTIL THE REGISTRANT SHALL FILE A FURTHER
AMENDMENT WHICH SPECIFICALLY STATES THAT THIS
REGISTRATION STATEMENT SHALL THEREAFTER
BECOME EFFECTIVE..."


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