Replies to post #1406 on F.GEMS: MICROS to GO!... (F.GEMS)

[Francois+Goelo]

JJJ, ATELE/SHPS... What you can read on RB...

http://ragingbull.lycos.com/mboard/boards.cgi?board=ATEL

is the main source of information... Succintly:

+ Lawsuit has been filed for rescission and it should happen within 3 weeks, if going to court or sooner by common Stipulation...

+ A Receiver is replacing ATELE defective management and a Restraining order concerning shares trading of the Insiders was granted...

+ The 10K had been filed on Friday and the stock won't go to the Pink Sheets... The "E" should be lifted Monday or Tuesday but could return if the 10Q is not filed by the 23rd May, or so...

+ Approximate share calculation show about 10 million oustanding and 5.7 million in the Float, which is not too bad for a shell seeking a new merger, which could happen within 2 to 3 months...

+ Lawsuit in Damages for Fraud against Bockler, Liang and Lee is anticipated after the rescission...

JMHO, F. Goelo + + +