Tuesday, March 06, 2001 2:03:15 PM
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
imho, Jerome
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