AccessTel (ATEL)

[myDDdotcom]

William C.Y. Lee Looks Ahead to 4G Wireless
By Bruce Christian

Posted: 03/2001

Intellectual Capital


Calling it a patched-up system that could be inefficient, William C.Y. Lee, one of the world's leading authorities on mobile communications, says it may be best if the industry were to leapfrog over third-generation wireless and prepare for the fourth-generation.

"I don't like 3G," says Lee, chairman and chairman of the board for LinkAir Communications Inc. (www.linkair.com). "It is not a very good system. I feel it is wasting our time, and the performance won't be as we expected."

On the other hand, "4G technology can evolve quickly, so we can skip 3G and go directly to 4G," Lee says.

For 35 years, Lee has worked on the technology side of wireless communications. But he also recognizes the business side and the need for resellers and agents to offer wireless communications. Vital Stats:

Name: William C. Y. Lee
Title: Chairman
Hobbies: Writing
Professional Philosophy: Use mathematics to solve problems. Use physics to interpret results. Use experiments and counterexamples to check outcomes. Use pictures to emphasize important points.
Memberships: IEEE Fellow, RCA (Radion Communications Association), ITU (International Telecommunicatiohnology, U.S. Council on Compitiveness, Chairman of Transnational Committee of the IEEE Vehicular Technology Society, FCC Technical Advisory Council.
Honors: IEEE VTn Union , International Electrotechnical Commission, California Council on Science and TecS Avant Garde Award, CTIA Award, CDMA Industry Achievement Award, SATEC Award, Bell Lab Service Award, IEEE Third Millennium Medal Award.

Company Snapshot:

Name: LinkAir Communications, Inc.
Headquarters: Santa Clara, Calif.
Founded: 1999 by Ting Zheng, Daoben Li and Zuye Zou.
Mission: To develop and deliver leading edge 3G and 4G wireless telecommunications technologies that will enable wireless networks to deliver high-capacity and high-speed voice and data services.
Employees:150 people in the United States and China.


"They have to get into wireless to survive," Lee says. "In the future, portability and mobility will be vital to business and to personal communications. If the distribution channels don't get into wireless, I think they are missing the boat."

Lee began exploring wireless communications after receiving his doctorate at Ohio State University--writing his dissertation on satellite communications. He was hired in 1964 at Bell Labs to further his satellite research with AT&T Corp. (www.att.com). But before he arrived, Congress cut funding to the AT&T project, because lawmakers feared the major telecommunications company only would enhance its then monopolistic position. If Lee wanted to work on satellite communications, he would have to go somewhere else.

"I chose not to go," he recalls. He was then told of Bell Labs' new research department called AMPS, which would develop mobile communications. He accepted the challenge, because he had never heard of mobile communications.

"Sometimes you don't choose your future," Lee says. "But this turned out to be a very rich field for me."

Indeed it has. Lee has written three books on wireless and more than 200 papers. He has taught at the university level and lectured throughout the world. Lee's latest book, Lee's Essentials of Wireless Communications, was released in mid-January. It is part of the McGraw-Hill (www.mcgraw-hill.com) Telecommunications Series.

"Dr. Lee is among the elite telecom luminaries and has been a key player in the evolution of wireless technologies from its first generation through its current third generation," says Steve Chapman, executive editor at McGraw-Hill.

After 15 years at Bell Labs, Lee went to work for the ITT Defense Communications Division. Following his work there, Vodafone Airtouch plc (www.vodafone.com)--the world's largest mobile telecommunications company--hired him. His attention turned to personal communications network (PCN) technology and, in 1989, the United Kingdom granted Vodafone its PCN license.

Lee's 1990 work developing a new microcell system increased radio capacity by 2.5 times over the conventional microcell system.

In all, Lee's work has led to 25 U.S. patents, with 11 more pending. He also was instrumental in conducting key research for Pacific Telesis Group's (PacTel, now part of SBC Communications Inc., www.sbc.com) PCS experimental CDMA, which was perfected and launched in 1995 as a viable commercial mobile technology.

When Lee speaks of 4G, his emotions are betrayed. He becomes excited. He says the technology is a step beyond the immediate tomorrow.

He explains that the first three generations of wireless communications have required using a pair of frequencies. One frequency is used to send out a signal, a second one is used to receive.

"That is called the FDD [frequency division duplex]," Lee explains, as if he has returned to City University of New York, where he taught the first wireless classes offered there. "The first three generations use FDD because they have no way to isolate the interference in the sending out and receiving back in the cellular system.

"New scholars have come up with special smart codes that can isolate the interference in the host cellular system, so you don't need the FDD. Instead, we can use TDD (time division duplex)."

According to Lee, this innovation allows a signal to be sent on one time slot and return in another time slot on the same frequency.

"It's really about spectrum efficiency," he says. "With this system, you don't need complicated technology."

Lee says much of the research done to make wireless better has been focused on isolating interference.

"Interference is the killer. But now we have these special codes. We don't need any of the expensive technologies, like smart antennas," Lee says. "This is simple, high-tech efficiency in using the spectrum, which is very expensive."

Lee knows something about the cost of wireless. He remembers when the first mobile system was available commercially in the United States. It was rolled out just about the same time as the 1984 Los Angeles Olympics. The cost per unit was $3,800.

"All the Wall Street analysts were saying it was too expensive. They didn't think there would be many people who would want it."

The Wall Street analysts were wrong.

"People like mobility," Lee said. "People like to travel. California [residents] came to mobile quickly, because California likes to try new stuff."

Of course, Lee agrees with the industry analysts who say that the future for mobile communications is in data. It is another reason he is such a big proponent of 4G.

"Since the Internet has come up and data transmission has started, we need more bandwidth, and more capacity and now more frequency," Lee explains.

That is why using the available frequency more efficiently makes more sense, he adds.

"Sometimes you may be downloading very heavy traffic, but you may only be sending back an acknowledgement or a request, so we don't need the FDD. You should be able to use the single frequency."

Bruce Christian is editor of PHONE+ magazine
http://www.phoneplusmag.com/articles/131feat3.html


imo

[shpsup]

JJ: Thanks for the small update. eom

[Acollpai]

Thursday March 15, 2:01 pm Eastern Time

Press Release

AccessTel Inc. Has Selected an Institutional Financial
Funding Commitment

LOS ANGELES--(BUSINESS WIRE)--March 15, 2001--AccessTel Inc. (OTCBB:ATEL - news), today announced that it has
signed a $10,000,000.00 financing from an Institutional Financial Group ready to fund its future expansion of Broadband Wireless
Infrastructure in China. Details will be announced upon clearance of legal counsel of both companies.

Testing has been successful in China and uninterrupted, with AccessTel Inc.'s and its strategic partner's customers. AccessTel
China Inc.'s marketing program is underway and further buildings are anticipated to be connection in the near future.

``We are extremely pleased by the offers of funding received from Major Institutional Financial Groups and have made our final
selection,'' stated Lawrence Liang, CEO and President of AccessTel Inc.

Forward-looking statements in this release are made pursuant to the safe-harbor provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including,
without limitation, continued acceptance of the company's products and technological changes, the company's dependence upon
third-party suppliers, intellectual property rights and other risks detailed from time to time in the company's periodic reports filed
with the Securities and Exchange Commission.

Contact:

AccessTel Inc.
Lawrence Liang, 408/216-4754

[Acollpai]

I've Had about enough of the RB Board! Geesh!! EOM!

[dd4u]

Jerome:

You want to make a guess about the delay in annoncing the financing?

Bockler has to go, period, any word on that?

Thx,

rog

[stocktalk]

Is there anyone that can get yahoo to update the profile?..eom

[Tingleff]

OT - Shpsup, Interesting option of use you found there. eom

Kr
Jens

[shpsup]

<img src=http://www.linkair.com/company/images/pic_wm_lee.jpg>

[Tingleff]

Good line of guessing there -
Bottoline IMO: First anything but toxic funding - Second the other issues discussed.

I do like todays action - proves that a part of the market can find ATEL.

Kr - and a nice week-end to all
Jens



Kr
Jens

[myDDdotcom]

More comments:

...multiple offers, each over $10,000,000.00 from Institutional Financial Groups ready to fund its future expansion of Broadband Wireless Infrastructure in China. The Board of Directors of AccessTel Inc. will vote on the approved terms and conditions of each offer. The Board expects to announce their final decision early next week.

Here's my uninformed guesses. One of these is from Qualcomtel, and one is from some Chinese source, possibly related to LinkAir.
My guess is that they are now in a stronger negotiating position having two (or more) possible suitors of funding.

I would guess that Boeckler initially had the QCOM connection, and cultivated it via Lee's presence, into a possible credit line and equipment grant, for a large stake in ATEL-- this is what we see rumoured around anyway. Consider though that maybe ATEL began to reconsider whether they were giving up too much of the company (let's guess, 25% equity and 40% of the BOD) to QCOM for what they were getting.

Alongside this, Lee becomes the chairman of the BOD for LinkAir, who has multiple funding sources, and ATEL begins deciding that LinkAir, not Qcommtel, has the tech that they will possibly rollout once it is posible-- it's easy to think that Lee pushes for LinkAir more so than QCOM, given the current circumstances.

I know the arguements that QCOM adds immediate credibility to ATEL, and that might be so, but there's no reason for Liang/Lee to give up their +50% ownership of the company if they don't have too. The real credibility will come from installment of the services in China and having clients, anyway.

I look for them to get enough finding to get the MMDS up and running in Shanghai, make it a showcase, and gain more financing leverage.

The other scenario is for Boeckler to be satisfied with the shares he has in his family names (opps, he already dumped them!), and forgo his 20% equity stake toward Qualcommtel for their equipment/credit--which they still very much want--(everybody but he is happy:), and then he can stick to website developing (jk)... wanna put it to a vote?



imo

[Acollpai]

Good Morning..YOWZA!!!!!!!! EOM

[shpsup]

Wait til the sleepyheads wake up and see this news. LOL eom

[myDDdotcom]

Good. Heard that this:
Testing is continuing in China with AccessTel Inc.'s customers.
is going extremely well, pleased clients, mkt will be quite profitable for ATEL.

imo

[myDDdotcom]

Boeckler and Liang go back a number of years, I'd guess ~7, as Liang would let Boeckler know what were the up and coming Silicon companies in the mid 80's... then Boeckler got free share fever in the OTC pigflyingfest of the previous 2 years. I think Liang and Lee wanted to start the company, and Boeckler had the means, alongside Markow. But you are right about Boeckler taking advantage of the situation, look at his relatives getting free shares in the filings. He needs to be dealt with, as does the Liang's position of leadership.

I too think they will work the positions out positively. I heard that the three had a meeting today and talked things out, looking for an agreed solution, which I hope emerges shortly. In the meantime, the business in Shanghai is progressing, and that is what really matters.

imo

[FH]

LOS ANGELES--(BUSINESS WIRE)--March 8, 2001--AccessTel Inc. (OTCBB:ATEL), today announced that it has received multiple offers, each over $10,000,000.00 from Institutional Financial Groups ready to fund its future expansion of Broadband Wireless Infrastructure in China. The Board of Directors of AccessTel Inc. will vote on the approved terms and conditions of each offer. The Board expects to announce their final decision early next week.
Testing is continuing in China with AccessTel Inc.'s customers. AccessTel China Inc.'s marketing program is underway and further buildings are anticipated to be connection in the near future.
"We are extremely pleased by the offers of funding received from Major Institutional Financial Groups", stated Lawrence Liang, CEO and President of AccessTel Inc. "This first intuitional funding commitment will allow AccessTel Inc. to accelerate the installation of our Broadband Infrastructure."

Forward-looking statements in this release are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.


--30--jb/sf*

CONTACT: AccessTel Inc.
Lawrence Liang, 408/216-4754

[shpsup]

Larry Liang has taken charge of the company. The PR from today is really good news. He has taken a step to clarify something that everyone seemed to know, and has now made it public.
GREAT move, Larry. And as Mr. Clark recently posted, Mr. Liang has stated that he will not pre-announce anything. We are very close to financing and he will not announce it ( or tell anyone-Mr. Bockler) until it is absolutely final. This is the first step in the right direction for AccessTel.

[sprintcar]

Well Jerome it seems that ATEL has depreciated considerably. I'm not here to bust you, just to give my opinion. I believe that Lee and Liang who are leaders in their field, and technical people, were naive about becoming a public entity and taken advantage of. I have asked a few times why these individuals got involved in the first place with Bockler and have come to the conclusion that he saw them coming and used them.

Hopefully, they now see what has happened and will take steps to turn this around. I believe they can. The potential is still here.

Problem is what to do with Bockler, he has a ton of shares.
Hopefully they can work something out.

Best of luck to you

Regards
sprintcar

[myDDdotcom]

Yes, I'll get to it soon. eom

imo

[Acollpai]

JJ: Is there a way to get the company to have this profile updated?
Shops references and for officers should be eliminated..?
Bob
http://biz.yahoo.com/p/a/atel.ob.html

[myDDdotcom]

Link to the transcript is in the headlines of the profile here. I probably copied that projection from the business plan that was along with the other materials that you have.


At any rate, the profile needs to be updated to be relevant to what ATEL is actually doing right now. I've been gone for a month, during which time a lot has occurred. My guess from second hand sources is that the BOD felt that capitalizing on their Shanghai and China connections to grow the company was a better first move than acquisitions(Wells and STS) and giving over more control than they wanted to (the Qualcommtel deal), so they scaled back on those plans, doing a JV and credit line (gain just a second hand guess), for the time being.

Liang taking full control of the situation is going to be the best scenario for ATEL in the mid to long run, but I think it will be rocky for a bit.

I'd lay the excesses at Boecklers feet, as whatever Markow said was coming from Boeckler. What should my attitude toward, and expectations to, the information about the future of AccessTel be? I think we have to say "show me" and see what they can do in Shaghai first, and if that is a success, then they build on it.

Obviously, they got the financing to take their first step, and I think Liangs position was that he wasn't going to just give away half of the control of ATEL just because it was in the infancy stage, so we let them have the time to see if Shanghai suceeeds, and if it does, they are in a stronger position for Acq's and JV's.

imo

[VanIsland]

AccessTel, Inc. Cancels Conference Call

LOS ANGELES, Mar 8, 2001 (BUSINESS WIRE) -- AccessTel, Inc. (OTCBB:ATEL), has
decided to cancel the ATT Conference Call, citing that it may not comply with
SEC Full Disclosure Rule. In a review of the Conference Call Agenda, AccessTel
Inc. management has decided that it cannot be assured that all shareholders and
interested parties would be available to participate in the conference call and
that the conference call would not comply with SEC Full Disclosure rules of
simultaneous public access to the covered information.

The Company instead intends to release news via Business Wire on a regular basis
to keep shareholders informed of the Companies growth and developments.

"Testing continues at our Shanghai Phase I installation uninterrupted." Stated
Lawrence Liang, CEO and President of AccessTel Inc. "Our Company will focus over
the next quarter on marketing, developing & expanding our markets and our
coverage area in Shanghai, China."

[Tingleff]

Jerome, do you have a link to the transcript. ?
Anyway, I know that I'm definitely not alone with my impression, and in addition I did buy before that CC.

Here is what is said on the matter in this present thread header:

In the year 2000, AccessTel's VoIP Gateways Division expects to achieve revenues of $5.5 million with earnings of $1.2 million. Projected revenues for 2001 for VoIP and wireless divisions are $38 million and an earnings of $11 million. In addition AccessTel's Utility Monitoring Division could potentially contribute additional overall revenue of over $30 million with estimated earnings of over $8 million for year 2001.

Do not tell me that you aren't seriously disappointed with the recent 8K financial information. We have all been seriously misinformed there is absolutely no doubt about that.
If you cannot agree to that, then (I'm sorry Jerome) I have to count you among the much better informed insiders, that could have clarified such points way back!!!

What should my attitude toward, and expectations to, the information about the future of AccessTel be ? - That isn't an easy question.
Is this misinformation alone coming from Bockler and Markow (I did take special notice to his words in the CC transcript you provided, quite a powerfull statement he makes there) - Or did they all agree to let us have it this way ?

One thing is for sure - I'm not just bending over !!!

Kr
Jens



Kr
Jens

[VanIsland]

Welcome back Jerome, hope you had a relaxing holiday.
Finally some sanity.

Has anyone asked or mentioned in joining another exchange in the near future. This BS with the bashers and MM's has taken a great toll on this company and how many others in the history of the OTC BB.

The many investors who have sold or the ones who would not entertain the thought of buying after reading RB for the past two weeks.

I personally have nine friends in this stock in Canada and so far everyone has stayed cool. I haven't felt any daggers yet..

It will be interesting what size of a short position is against Atel.
I'm not against shorting providing it is done without prejudice.
Time will tell.

[investodon]

Anyone,Is Tom Patton our coo in China overseeing installations,and managing operations there? Don

[rclark1223]

Joe,
I agree.
I think this is the deal with the cc. Liang has been embarrassed in the past because the pr's have been too far ahead of the actual news. He wants to control what is being released in the future. I get the feeling he has not approved of how that has been handled in the past. He told me he is very close to securing additional financing but we will not see a pr until the money is in the bank. That is how he wants to operate in the future. He is a straightforward person and he would rather just release some pr's after the fact and go about his business. The cc cost $4000 and while that is a factor it is more related to stopping long enough to get everyone together to make the call. I think he thought the last call wasn't that great. After talking with him I do not think it is that big of a deal if the call is delayed. I just think he sees the call as a non-event. I ask him if the news that was to precede the cc was also being delayed and he said no. That is the important fact. I think in reality that the Bockler thing has caused a slight delay. I told him I would give him 2 weeks to produce some of the things we discussed before I called back to complain and he said I wouldn’t be calling back. We shall see.
Rodney

[Harbie]

"stretching the truth" - hmmmm I don't like the sound of that...I recall your mentioning that he also sold his soul for $100k...I really don't like the sound of that either - then again, I don't like the idea of a guy not honoring his bets and then calling out others for being dishonest - hypocrisy, yuck...

or did u finally pay?

[errol822000]

seems like bockler and marcow were "stretching the truth"...but they both have a lot of practice at that, don't they?..

[shpsup]

Seems like we need some clarification from management. There are many rumors flying around out there. Hope to see some sort of update soon.
JOE

[myDDdotcom]

Welcome to Investorhub A@J nice to see your first post honors
atel. Yea, me too, I'm real worried about ElGiny shorting a .50 stock, makes me just shiver thinking about it!

Actually, I talked with Liang today, he seems to have the required resources that you mention.

imo

[myDDdotcom]

That whole presentation that you are referring to was done for PP investors while AccessTel was a private company, and was never publically disclosed while AccessTel was a public company. So, you need to understand it as a roadmap, not a filing, as it was a presentation made for speculative investors who did participate in a PP with AccessTel as a private company last year.

I seem to recall from conversations late last year that they are operating it on a JV basis rather than an acquisition basis. It was made clear in the Nov 23rd CC, (same for the Qualcomtel announcents made in that presentation):

...............................................................


Q: What if any patented technology does AccessTel own, is their a website we can to to in order to look at some of these technologies. If you don't have patented technologies, what exactly do you bring to the party?

Boeckler: In the first stages of AccessTel, it's not looking to deploy patented technology and developed technology to deploy in China. We are not looking to take in investment funds to begin Star Wars. Through Liang's significant experience in high tech in San Jose for the past 25 years, and relationships with many of the tech firms and developers of the tech, we have relations with providers of existing tried and true tech available today. We have through assistance of the advisor to the board, Dr. Lee, further, advice and structure of connectivity in 2.5 and 3G tech.

In initial stages, providing interconnectivity services, not starting off as a manufacturer, or commercializer of our own products in the intial stage. Deploying existing stage tech, from, whether it be Qualcomm or Ericsson or Lucent, to provide us technology in CDMA, HDR, and in MMDS.

We will connect those Gateways to a combination of internet access and internet telephony. Through the strategic releationship with both Well's Comm and STS, begin to ramp up IP Int. telephony through 10-10-653 number in No. Cal, and the CLEC relationship with Wells Comm and begin to provide termination of telephony services in China at very lucrative rates already negotiated through the major telephony companies.

The formation of AccessTel China allows connection into the local PTI's (local telephony services & internet services). As a foreign owned company, AccessTel can participate in revenue on internet service provision and communication on international traffic--terminating calls in Europe, the US, Asia, and So. A. Also on calls eminating through their int gateway in San Jose.

Later deployment, with revenue base from service connectivity. Through Lee's and Liang's assustance, and other strategic alliances, 3G will open up to broadband and internet communication, both fixed and mobile, bringing appliances for connectivity. Through AccessTel China/Haplink, develpment, commericalize, and manufacture at lower prices in China for first stge deployment in China and further export.

AccessTel China has special rights to return revenue and profit on a strong percentage basis back to the parent company, Accesstel US-- breakdown of the profits will be released in an upcoming PR.
....

Q: How big do you think AccessTel will grow in 6 months to a year, two years out, employees, revenue, etc...?

Boeckler: AccessTel will grow very quickly over the next few quarters and years, we are interested in increasing shareholder value. It will be a company that we can all be proud of. Over the next few weeks and months, I think you'll get a more and more clear picture of how quickly we can grow.

AccessTel looks to grow quite quickly. We are targeting growth and deplyment. Our focus is to grow our employee base rapidly to execute this deployment. We are negotiating certain strategic alliances which will train our Chinese counterparts in China. In China, the cost of high level technicians is approx. 1/4th to 1/3rd of US standards. On the technology development side, and on the broadband deploment side, we will concedntrate on adding employees very rapidly. Domestically, we are looking at a number of proposed acquisitions that will add not only infrastructure and assetts to AccessTel, but also employees and staff directly related to our business development and deployment.

By the first quarter of 2001, we expect to be operational on testing our Broadband technology in Shanghai. We will then add subscribers to the wireless service, via the developmental park, and Haplink Information Corp., throughout Shanghai. Besides the wireless service, we will also be deploying internet international telephony, which is domestically is an electronic outlay of equipment, not so much employee and staffing, instead joining larger POTS. In our IP telephony, AccessTel will not be looking to start a new infrastructure globally througout the world. We will JV and strategically align with world class telephone carriers, to avail them termination points in China, for compensated termination points worldwide. AccessTel is looking to build up revenues quickly, revenues targeted toward creating profit, and build through strategic alliance and the commercialization of the new technology, 3G CDMA will not be available for the next 12 months. As it comes online, through our strategic relationships, AccessTel has direct technology availability to utilyze that cutting edge technology to create different appliances to create services. AccessTel will concentrate on service fees. For the deployment in China, the Haplink agreement will take most of the legwork and installation, and we will provide the equipment, the training, the tech, and the backbone service to connect internationally.

The company will grow significantly, it is hard to put a target. The basis of what AccessTel is looking to do in China will command hundreds of millions of dollars over the next couple of years, and AccessTel's management is determined to grow the company on a predictable basis, not spending tens of millions on unproven products, instead spending a few million on commercializing existing techology to seamlessly connect between MNDS, between CDMA, between HDR, to provide voice, data, fax, video, and internet connectivity services. Each subscriber that we add on, each new city deployment, will be a mirror of the growth that we are starting in the Shanghai Business Development Park.

Q: OK, because I noticed on the website, that their was an investment by Qualcommtel, going through that...

Markow: AccessTel was a private company when that was posted. There are new rules to follow as a public company, and I believe tonight we should make some changes there.

...............................................................

The main issue is deciding whether ATEL is delivering upon their business plan, and seeing their progress in Shanghai, I think the answer is yes, and in a timely manner too. If they do create a showcase with their MMDS deployment that creates an opportunity for dozens of likewise business park deployments in China, we will all be happy shareholders:)

imo

[HoldmLong]

No worries here - bockler an irritation - not a life-threatening condition - bashers want U to be VERY scared,lol.

There are 3 folks on the BOD now - no TIE vote,lol.

If there is something that seriously makes bockler a bLockler going forward - I expect he'll 'step aside' for the good of the company.

[Tingleff]

Jerome, What is your take - We spend some 25MM shares acquiring AccessTel - promo material mentioned that the combined assets would be 4MM$ - Promo material show the VOIP POP's as Accesstel property.
Chang and Zheng both among those who sold Accesstel to the SHPS/AMCI shell.

Are the VOIP over ATM POPs Accesstel property or not ?

If not - perhaps not lies, but indeed very misleading information in the material IMO.

Thoughts ?

Kr
Jens


Kr
Jens

[AuntieJ]

Bockler and therefore ATEL are on the A@P radar screen. Not good. I wonder if Lee and Liang have the resources to discover enough about Bockler to make an informed decision. Guess we'll find out soon enough. Pretty worried.

[myDDdotcom]

Yesterdays closing log showed ~50k on the ask and ~20k on the bid and the MM's open it today lower, with NITE boxing it in and making for lower.
I wasn't around for the shake last week, so I didn't get to see how it traded going down, but this looks suspiciously shortplay by the MM's, like they are trying to shake those who bought it on the way down by taking it lower.
If it doesn't work, they are in a real bind. I look at the larger picture and see that ATEL is moving niclly forward in China, and therefore have no qualms about my purchasing more at this price, .50, but think they may try and shake lower, things are in a storm right now because of Boeckler.

imo

[myDDdotcom]

I see more bashers on ATEL now over at RB than ever before, interesting drama, but not worth engaging, hopefully some longs will join me here in a more fruitful dialogue, without the juvie's.

[Tingleff]

To prevent any misunderstanding - The new website ATEL is talking of launching - Is not a product of mine.
My previous post stating I'd do one - was meant as a fun remark.
But I do appreciate that our concerns are being seriously handled.

Kr
Jens

Kr
Jens

[Acollpai]

Hello JJ ! I'm still here..LTNC EOM

[myDDdotcom]

Yea, you are right, just a coincidence... good to see that they are addressing the issue, nice to see the price right back where I got PP shares last summer, not. I agree with you on the logo, they need to do more than find some cartoon-like figuring off the net, but the rest of it is pretty good info, just needs better presentation, especially if they want to portray a world-class company.

Let's see what the BOD says, I doubt he will be axed:

AccessTel, Inc. Addresses Shareholder Issue


LOS ANGELES--(BUSINESS WIRE)--March 6, 2001--AccessTel, Inc.

(OTCBB:ATEL), has been advised that Stuart Bockler, Chief Financial Officer, Secretary and a Director of the Company has executed a consent decree with the Securities and Exchange Commission.
Mr. Bockler has indicated that the violations at issue in the
consent decree were inadvertent on his part and of minor consequence.
Mr. Bockler has further indicated to the Company that he entered into the consent decree for the purpose of avoiding further litigation with the Securities and Exchange Commission in this matter.
At this juncture, the Company has taken the position that the violations set forth in the consent decree do not directly effect Mr. Bockler's duties as Chief Financial Officer, Secretary and a Director of AccessTel, Inc. Further evaluation of this matter will be undertaken by the Company's Board of Directors on an expedited basis.

--30--sdf/sf*

CONTACT: AccessTel Inc.
Lawrence Liang, 408/216-4754
http://www.accesstelinc.net


imo

[Tingleff]

Easy to get a certain degree of paranoia - Yet, the SEC do the announcements on a regular basis, and this one was no different than earlier. It is a coincident - The case was shut in the period since last announcement from the SEC.
----
The new web-site IMO isn't much better than the old. YUK
I think I'll copy the pics and texts and build a proper one and send it to Sharon with a bill of 100$ for the one-hours work.
----

Kr
Jens



Kr
Jens

[myDDdotcom]

ha, at least this got coals under Boecklers feet to work on the weekend on the website, dirty deeds always catch up.

Errorl on BLPT and SHPS says that he was contacted by the SEC in regards to Boeckler and Markow, but I wonder who initiated the contact? Would it be illegal for an MM like FRAN to be using the SEC by in essence doing their research job and providing the SEC with such information as to damage a company they held a position in? i.e., WAMX et al., the collusion, probably not.

Interesting that Errorl claims he's working with the SEC, and that he posts and works for FRAN, but who's to slap that wrist!

I haven't read through the whole thing to figure it out, but at first look, sure seems like errol/FRAN initiated their insider contacts with the SEC to find some dirt on Boeckler just as they were changing to ATEL, kinda scary the power the MM's have with the SEC. This touting that gets a minor slap on the wrist of "cease-and-desist from committing or causing any violation and any future violation of Section 17(b) of the Securities Act is over a year and a half old, why the strange coincidence with SHPS becoming ATEL? Is the SEC merely the dog that errol the MM's tail wags? The SEC has like 12 guys working on the whole tout machine, and they take time for this slap on the wrist now, a year and a half later, the day ATEL becomes? Just seems fishy in my book.

There's no denying that Boeckler did his covering of the stocks he touted for shares, and it's old news, but the timing of the SEC making it public of their slap on the wrist is suspicious indeed!




By: errol832000
Reply To: None Thursday, 1 Mar 2001 at 6:31 PM EST
Post # of 1646


so you thought that i was joking when i saidthatthe sec had contacted me regarding stuart bockler and michael marcow?...i guesstoday's headlines from the sec bears me out...and i getthe feeling that it ain't over yet...

[jjj253]

NEW ACCESS TEL WEB UP
http://www.accesstelinc.net/
JJJ

[Tingleff]

A slap and an order to cease-and-desist. Actually not much compared to many others that violated the same section.
But certainly show that he was not updated on the rules, as an recommending analyst should be.
I don't see that as a problem for his CFO job in ATEL.
Reknown Analyst (SEC known hyper) isn't one of the points one would use when advertizing for a CFO.
What I would like to know is what his credentials to have a CFO job are at all.
Education, Experience ..... (Credibility),,, etc.

Kr
Jens


Kr
Jens

[errol822000]

UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
SECURITIES ACT OF 1933
Release No. 7956 / February 28, 2001
ADMINISTRATIVE PROCEEDING
File No. 3-10433

--------------------------------------------------------------------------------

In the Matter of

Stuart Bockler and
Imcadvisors, Inc.

Respondents.


--------------------------------------------------------------------------------
:
:
:
:
:
:
:

ORDER INSTITUTING PUBLIC
PROCEEDINGS PURSUANT TO
SECTION 8A OF THE SECURITIES
ACT OF 1933, MAKING FINDINGS,
AND IMPOSING A CEASE-AND-
DESIST ORDER



I.

The Securities and Exchange Commission ("Commission") deems it appropriate that public cease-and-desist proceedings against Stuart Bockler ("Bockler") and Imcadvisors, Inc.(collectively "Respondents"), be initiated, pursuant to Section 8A of the Securities Act of 1933 ("Securities Act").

In anticipation of the institution of these proceedings, Respondents have submitted an Offer of Settlement ("Offer"), which the Commission has determined to accept. Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the Commission or in which the Commission is a party, and without admitting or denying the findings set forth herein, except that Respondents admit the Commission's jurisdiction over them and over the subject matter of these proceedings, Respondents have consented to the entry of this Order Instituting Public Proceedings Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing a Cease-and-Desist Order ("Order") and to the entry of the cease-and-desist order set forth below.

II.

On the basis of this Order and the Offer submitted by Respondents, the Commission finds that:

A. Bockler, age 48 and a resident of Morganville, New Jersey, is the president of Imcadvisors, Inc. and at all times relevant herein operated and controlled Imcadvisors, Inc.

B. Imcadvisors, Inc. (f/k/a/ International Market Call, Inc.) is in the business of producing and distributing investment analysis reports to institutional investors and the investing public. Starting in approximately 1999, Imcadvisors, Inc., started to distribute its investment analysis reports on the Internet and to operate an Internet website located at www.imcadvisors.com.

C. From September 30, 1999, through October 8, 1999, Respondents violated Section 17(b) of the Securities Act in that, by use of the means or instruments of transportation or communication in interstate commerce or by use of the mails, Respondents published, gave publicity to, or circulated notices, circulars, advertisements, newspapers, articles, letters, investment services, or communications which, though not purporting to offer a security for sale, described such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.

D. As part of and in furtherance of the conduct described above, Respondents:

1. Caused to be published and distributed on the Internet an investment analysis report entitled "British E-Commerce, B2B or Not B2B, That's the Question?," which described and recommended the purchase of the common stock of an issuer, Internet Solutions for Business ("ISFB"), whose common stock was quoted at the time on the Over-The-Counter Bulletin Board;

2. Caused to be published and distributed on the Internet an investment analysis report entitled "Europe focus on boom in Business to Business, B2B or Not B2B, That is the Question?," which described and recommended the purchase of the common stock of ISFB;

3. Received, directly or indirectly, from ISFB, a payment of 12,500 shares of common stock of ISFB as reimbursement for the publication and distribution of the investment analysis reports described above; and

4. Failed to fully disclose the nature and amount of compensation received from ISFB for publication and distribution of the ISFB investment analysis reports.

III.

In view of the foregoing, the Commission finds that it is appropriate to impose the sanctions specified in the Offer.

Accordingly, IT IS HEREBY ORDERED, pursuant to Section 8A of the Securities Act, that Respondents, Stuart Bockler and Imcadvisors, Inc., cease-and-desist from committing or causing any violation and any future violation of Section 17(b) of the Securities Act.

By the Commission.

Jonathan G. Katz
Secretary

http://www.sec.gov/litigation/admin/33-7956.htm

[Frohlich]

SHPS new symbol is ATEL. Here is link found by FHILLS from Raging Bull board.

http://www.otcbb.com/asp/dailylist_search.asp?SearchSymbolForm=TRUE&OTCBB=False&searchby=sym...

[HSE]

SHPSUP....

I think you are on the money, Things look like they are finally coming together this time, I think it makes sense for them to wait until after the Name Change to release any major developments, as it may cause some confusion. Also the announcement that is to be released at the commencement of the CC imo, must be big if they are having the BOD on hand to discuss it. I think Dr Lee will probably be in on this CC, which will make it all the more interesting and I guess it will give us a clearer cut picture to how Dr Lee is associated with AccessTel.

I have been accumulating recently at a dollar, because at these prices and the people involved, the risk is worth it.

imoHSE

[shpsup]

RB is down for the weekend. EOM

[shpsup]

Things look like they are about to start happening soon.
For one, we are simply awaiting formal approval to our name change to AccessTel. Just a formality. Secondly, we are awaiting our first deployment in Shanghai. A matter of a week or two. We have a tentatively scheduled CC to discuss some suspected revlelations and probably a few surprise revelations.
JOE

[errol822000]

how long is the sentence...lol...

[The Original dpb5!]

[The Original dpb5!]

And so we sit? No new info?