Replies to post #200 on Elephant Talk Communications, Inc. (ETAK)

[OCErnie]

But, Deb, the huge number of unpaid-for shares is a current problem. If the payment isn't received, ETLK will have to write off the receivable. That may seem irrelevant to you, but the "institutional investors" you and other keep hoping will rescue your investment will run for the hills if management is giving out shares that aren't being paid for.

[Investorman]

Deb - I don't often agree with Ernie's slant on things since it is usally one-sided but the two paragraphs you refer to in post #195 are just wishful thinking at this point. I too, hope that they come to pass but they are just based on a PR with no substance in actual revenues yet. A NEWS RELEASE isn't revenue, just potential. A 10k is real and that is what will drive the stock price. Getting things DONE means putting money in the bank to me.

I have been told.... (while waiting for the 10k to provide actual information) that the majority of ETLK's revenues were generated in the last 2 quarters of 2001 which would indicate good progress at turning the company around. The 4th quarter revenues would indicate that ETLK is now generating revenue at a rate that would be $12 million to $15 million on an annualized basis. We'll see when the 10k and the next 10Q come out.

[Investorman]

To quote that great thinker, Tom Cruise, "SHOW ME THE MONEY!" LOL