Elephant Talk Communications, Inc. (ETAK)

[OCErnie]

But, Deb, the huge number of unpaid-for shares is a current problem. If the payment isn't received, ETLK will have to write off the receivable. That may seem irrelevant to you, but the "institutional investors" you and other keep hoping will rescue your investment will run for the hills if management is giving out shares that aren't being paid for.