Cybertel is hit with an $8 million MCI bill they can’t pay. Fred is in the middle of it.
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So I found out today that Cybertel has a $1m/month commitment to MCI Worldcom for traffic; and so we owe them some $8m. Surprised it’s not more. We’ve apparently got to make a decision by Tuesday on how to pay them back or maybe they’re going to shut us down. Should be interesting; but my guess is that the doors won’t get shut on Tuesday.
And that my stock problems are nothing compared to the other shit Cybertel and Mangiarelli has been pulling. At least stockholders aren’t personally liable.