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

To: Secret_Agent_Man who wrote (22658)	12/5/1997 10:47:00 PM
From: elk	Respond to of 41046

Thanks BG, That worked. EOM

To: Secret_Agent_Man who wrote (22658)	12/5/1997 10:53:00 PM
From: elk	Read Replies (4) \| Respond to of 41046

Folks, This says it all!!! 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 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. Finished Nov. 13, 1997. 3.Raise $7,000,000 in up to 3 steps to facilite through a private placement of FTEL stock for production of the Data Voice Server. Finished Nov. 1997. 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. Now I'll try my hand at some math, so I know you'll watch me close. 10M raised for production of Tempests. 70-80% profit margin(if I remember some of those past posts correctly, but please correct me if I'm wrong). Using a median 75%, thats 40M in revenue. After tax, etc., somewhere around 20M profit, with a outstanding float under 18M shares. Looks like over a buck a share profit to me, but I'm no math wiz!<GGGGGGGGGGGG> Evan Evan