4Cable TV International Inc (CATV)

[Jimmy Quick]

Corporate Restructuring!! Looks like they are on schedule to complete the corporate restructuring.

A group is trying to work with 4Cable to buy out the debt and finance the company, they have a structure to work with to bring in new assets also to enhance the value of the company. They will be doing an offer of a dividend to the shareholders who want the dividend, the idea is to give each shareholder a preferred share for every 100,000 shares you own convertible back into common shares at a future date, this way your position is covered over a longer period of time, giving the company the way to restructure now.

Therefore, the debt you speak of in terms of killing share price after reverse split, may already be taken care of after this restructuring.