Elephant Talk Communications, Inc. (ETAK)

[Investorman]

Deb - I don't often agree with Ernie's slant on things since it is usally one-sided but the two paragraphs you refer to in post #195 are just wishful thinking at this point. I too, hope that they come to pass but they are just based on a PR with no substance in actual revenues yet. A NEWS RELEASE isn't revenue, just potential. A 10k is real and that is what will drive the stock price. Getting things DONE means putting money in the bank to me.

I have been told.... (while waiting for the 10k to provide actual information) that the majority of ETLK's revenues were generated in the last 2 quarters of 2001 which would indicate good progress at turning the company around. The 4th quarter revenues would indicate that ETLK is now generating revenue at a rate that would be $12 million to $15 million on an annualized basis. We'll see when the 10k and the next 10Q come out.