AccessTel (ATEL): Minimum 22MM shares OS now. What is the...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	4
Posts	257
Boards Moderated	0
Alias Born	09/02/2000

Tingleff

Re: None

Monday, 05/12/2003 6:00:42 PM

Monday, May 12, 2003 6:00:42 PM

Minimum 22MM shares OS now.
What is the status of returned stock - free trading?

History lesson...:
--------------
By: myDDdotcom
Date: 12/18/2000 2:47:14 PM (ET)
OK, the tally is in. We are at ~35 shareholders holding 3.3M shares for approx. 80% of the 4.26M in the float.

From what I understand, the float is going to be this amount for quite while. The debt consolidation through PP's and restricted shares was, from my understanding, less than 1M in shares, but these are still restricted as well. All of AccessTel's shares will be restricted for a year from their final share structure agreements.

A PR is expected out shortly, confirming a JV that has been rumoured about quite a bit. Hopefully that will relieve any concerns folks have about the recent price drop, which is partly attributable to the whole mkt decline (which we had avoided), but also due to the lack of information from AccessTel

Actually, I don't think it is so much the lack of info, as the lack of follow through from the timetable set forth in the recent Conference Call:
http://www.investorshub.com/beta/read_msg.asp?message_id=24186

But i did DD call quite a bit this weekend, and am satisfied to continue holding, patient for their plan to become widely known. Today I just bought a whopping 250 shares in my son's (Jackson) educational IRA that I just set up for the toddler, hope it grows as much as he is.

Happy holidays all, best way to reach me is on the PM of ihub, Jerome

To unsubscribe from this email list, return to 'AccessTel (SHPS)' and select 'Remove ChairMail Subscription'.
--------