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kevinaok

10/06/06 7:04 PM

#44417 RE: skram #44412

To give an accurate description I would have to call and listen a couple more times, but what I took out of it is GTE is disappointed with AMEX decision. They are also going over books and said they were told by the SEC that an investigation does not mean any Federal laws have been broken, but if there are any descrepiancy in books they may have to restate valuations over last 2 years.

Also, said we have been able to maintain our business partnerships through all this and that the company was still moving forward with business plans.

Like I said, not exact, but as close as I can remember. If someone can record and post a link that would be great.

Thanks
Kevin