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

To: elk who wrote (21317)	11/14/1997 7:14:00 PM
From: Gary R. Owens	Read Replies (1) \| Respond to of 41046

Evan, Is this what you meant? (at the bottom of Frank Peters' message) CURRENT EVENTS: We are now poised to take FNet to the public so we can make our dreams (and 5 years of planning!) come true. ------------------------------------------------------------------------ The Financial Plan has expanded to 4 steps: 1.Raise $2,000,000 via a Private Placement of FNet shares at $1.00 per share to finish the design and acquire certain software assets to complete the Franklin Data Voice Server (DVS). Finished April, 1997. 2.File ans 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. 3.Raise $10,000,000 in up to 3 steps to facilite through a private placement of FTEL stock for production of the Data Voice Server. Underway. 4.Raise $100,000,000 via a public offering of FNet at a pricing range of $10 to $15 per share to grow the operation and deploy the FDVS in 25+ countries. In Preparation Here's the link, ftel.com regards, gary dah3

To: elk who wrote (21317)	11/14/1997 11:58:00 PM
From: Stephen B. Temple	Respond to of 41046

elk: <I can't imagine the FNET IPO going off before we are listed. Is there a quiet period imposed by the application for listing?> I believe everything has top priority, but the IPO with all the needed capital to complete Franklins World Tour may take 1st prize if push comes to shove. But then maybe I'm wrong, if the partnerships with FNet are significant and early enough, we may have more time to build INTO the IPO. We know its impossible to have FNet running like a fine tuned machine in this short of time, but even an extra quarter or two might make all the difference in the IPO price and how it may stabilize in the first few days. We sure as hell don't want a public company at 10 bucks dropping off to 4 for 6 months to a year. ImagineItTemp' I would rather see revenue's running upward from