statements

(with thanks to mr. edwards)



the company is obligated to manditorily redeem

all convertible preferred securities:

see section nine of the summary of

significant accounting policies and

everything will be made clear.



of course, there is minority interest 

to be considered- in subsidiary, nonetheless.

employee stock plans should be made at once, so

long-lived assets to be disposed of will demand impairment.

liquidity and capital resources require a market

for the registrant’s common equity; and that can

only mean that the net income per common share

needs supplemental cash flow information.



the capital expenditure data confirms it all:

commitments and contingencies aside,

the change in accrued construction assets does not 

correlate with consolidated principles of depreciation.

read: basic net amortization value is at stake.



it’s the “citizens communications annual report,”

because “cash flow” surely needs a dozen working synonyms.

it is a slice of capitalism pie delivered warm from the oven

for power hungry robots to gorge themselves upon.

is it wrong to hope one chokes?