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Re: justfrank post# 4686

Wednesday, 08/10/2005 10:36:36 PM

Wednesday, August 10, 2005 10:36:36 PM

Post# of 44374
justfrank the wife….A ? I'm sure they share their incomes so her gain is his gain. LOL. Nice turnover. Buy restricted at .05 convert to common after a year or two and sell at stock's high. Then buy preferred again and circle goes on and on. I wonder at whose expense he is doing it. Shareholders ? ..you bet your a$$.

Those 50 mils of authorized shares increase will be towards employee (Sigel) compensations per proxy. He already bought it back and bet ya he will sell again and buy it back again after WE THE SHAREHOLDERS APPROVE AUTHORIZED SHARES INCREASE.
NICE DEAL. I WOULD LIKE TO DO THAT AS WELL...LOL.
That is why I am against AS increase. Shareholders get screwed at the end. I have no problem with this when management would bring return on investment for shareholders. So far I am in red so I vote NO. GTE now has institutional investors and bankers like Taboda to fund them. Also their recent 41% partners they joined with.

I am and will be dedicated shareholder for a while but that does not mean I will not express my opinions on actions.

Justfrank and guys appreciate comments.


And as Jack always says: "You can't handle the truth! Son"

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