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Re: None

Monday, 07/09/2007 10:36:39 AM

Monday, July 09, 2007 10:36:39 AM

Post# of 6143
I told you somebody know some thing OT>
Bring Stephen G. To the table, the EU. will fly.
I bet CCOP would want a piece of this, what do you think?

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the Registrant entered into a Purchase Agreement (the "Agreement") with United Systems Access, Inc. ("USA"), pursuant to which USA acquired the Registrant's CLEC and ISP businesses. The Agreement was dated June 29, 2007, and effective as of June 30, 2007. On July 6, 2007, the parties amended the Agreement to extend the closing date for the sale of the ISP business until July 13, 2007. The closing for the CLEC business will take place following receipt of the necessary regulatory approvals.

The purchase price for the businesses is $30.0 million, consisting of $21.9 million in cash and $8.1 million in convertible preferred stock of USA. The closing of the sales is subject to the consent of Cornell Capital Partners, LP ("Cornell").
The preceding description of the Agreement is only a summary and is qualified in its entirety by reference to the Agreement,


The POWER of the Internet. Like the Six Gun in the Old West called an Equalizer.
Do your own DD, This post is my OPINION. ** TRUST, BUT VERIFY.**VERIFY

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