AccessTel (ATEL)

[Tingleff]

Rescind dispute settled out of court.
Result on shares:
11,356,782 of the Surrendered Shares have been delivered to counsel for prior management of the Registrant and will be duly canceled and returned to the authorized but unissued common stock of the Registrant. An additional 5,361,981 of the Surrendered Shares are to be transferred to a private third party unrelated to the AccessTel Parties pursuant to a confidential settlement of a separate legal action involving a legal debt owed by one of the AccessTel Parties to the private third party.

Or is the number of total surrendered shares in total undisclosed? - The text is a little unclear IMO

Result on Management:
David C. Merrel again in charge.