Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
CWONQ is losing the "Q"!!!!!!!!!!!!!!!!!!!
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by Dardadog: [QB] 18-Nov-2004 Quarterly Report ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS Certain statements contained in the "Management's Discussion and Analysis of Financial Condition and Results of Operations", and elsewhere in this Form 10-Q and in other filings with the Securities and Exchange Commission ("SEC") constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and we intend that such forward-looking statements be subject to the "safe harbor" provisions created thereby. The words "believes", "expects", "estimates", "anticipates", "will", "will be", "could", "may" and "plans" and the negative or other similar words or expressions identify forward-looking statements made by or on behalf of the Company. These forward-looking statements are subject to many uncertainties and factors that may cause our actual results to be materially different from any future results expressed or implied by such forward-looking statements. Examples of such uncertainties and factors include, but are not limited to: o The ability to effect a Financial Restructuring described under the caption "Chapter 11 Proceeding /Going Concern Matter" below that will significantly reduce the amount of our indebtedness, o Compliance with covenants for borrowings under our debtors-in- possession ("DIP") Credit Agreement, the credit facility to be entered into as part of the Financial Restructuring and any subsequently negotiated financing and the willingness of the lenders thereunder to cooperate with us in connection with any non-compliance, o The impact that the Financial Restructuring may have on our business, o Availability of additional capital or financing, o Availability of significant operating cash flows, o Continued availability of regulatory approvals, o The number of potential customers and average revenue for such customers in a market, o The existence or continuation of strategic alliances or relationships, o Technological, regulatory or other developments in our business, o Changes in the competitive climate in which we operate, and o The emergence of future opportunities. All of these could cause our actual results and experiences to vary significantly from our current business plan and to differ materially from anticipated results and expectations expressed in the forward-looking statements contained herein. These and other applicable risks are summarized under the caption "Risk Factors" and elsewhere in our Annual Report on Form 10-K, filed on March 30, 2004. You should consider all of our written and oral forward-looking statements only in light of such cautionary statements. You should not place undue reliance on these forward-looking statements and you should understand that they represent management's view only as of the dates we make them. OVERVIEW We are an integrated communications provider offering facilities-based voice and data telecommunications services. We market and provide these services to small and medium-sized businesses in 29 second and third tier markets in 12 states in the northeastern and midwestern United States. Our services include: o local exchange and long distance service; and -20- o high-speed data and Internet services. Our principal competitors are incumbent local exchange carriers, such as the regional Bell operating companies, other integrated communications providers, and voice over internet protocol providers. We seek to become the leading integrated communications provider in each of our markets by offering a single source for competitively priced, high quality, customized telecommunications services. A key element of our strategy has been to be one of the first integrated communications providers to provide comprehensive network coverage in each of the markets we serve. We achieve comprehensive coverage in the markets we serve by installing both voice and data equipment in multiple established telephone company central offices, a process known as collocation. All of our collocations also include equipment to provide digital subscriber loop ("DSL") services. We have connected approximately 95% of our clients directly to our own switches, which allows us to more efficiently route traffic, ensure quality of service and control costs. Our networks reach approximately 5.7 million business lines, which constitute approximately 72% of the estimated business lines in the markets we serve. While our network allows us to reach this number of business lines, the number of business lines that we actually service will depend on our ability to sell telecommunications services to customers and our success in winning market share from our competitors. We have no current plans to expand into additional markets. We evaluate the growth of our business by focusing on various operational data in addition to financial data. Lines in service represent the lines sold that are now being used by our clients subscribing to our services. On average, our business clients have 5 lines. We plan to continue to focus primarily on small- to medium-sized business clients. The table below provides selected key operational data as of: September 30, 2004 September 30, 2003 [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2