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


To: mark garner who wrote (39525)12/9/1998 8:04:00 PM
From: William Harvey  Read Replies (1) | Respond to of 41046
 
During the year ended June 30, 1995, the Company issued notes for an aggregate of $217,000 payable to its President, Frank W. Peters, in lieu of compensation, included in the table above. These notes bear interest at the rate of 9% per annum and are due and payable as follows: $12,000 due on August 20, 1995, $65,000 due on August 20, 1997, and $140,000 due on January 5, 1999. The $140,000 note is convertible into shares of the Company's Common Stock at a conversion price of $.10 per share.

So that's a cool 2M shares to be paid on 1/5/99 for deferred salary. Dollars to donuts we have some really neat press over the next couple weeks. Remember the January spike this year? 100% in four days! Wait for it.....

WH



To: mark garner who wrote (39525)12/10/1998 12:25:00 PM
From: Randall Rosen  Read Replies (1) | Respond to of 41046
 
Talk about a funny post. You're so full of sh-t. Stop with the BS excuses as to why we're at $.80. Two years I've listened to people like you come up with continuous hot air as to why this stock is so low. I've been hearing for that long that the promised land is just around the corner from cowards who have chosen (themselves not by SI) to vacate this thread.

Lame brain, why should you have a problem with someone complaining about losing so much money in this dog? The fact of the matter is everybody's down and everyone has a right to complain. So, shut up!