UPDATE: http://www.narconews.com/Issue61/article3917.html
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The National Resistance Front against the Coup d’Etat announces to the Honduran population and the international community:

Whereas:

1.That during 131 consecutive days of the struggle, we have pressured for a peaceful resolution to the political crisis that our country has lived resulting from the coup d’état perpetrated by the Honduran Oligarchy. In this period we have supported the initiatives that have been driven by various national and international sectors, maintaining three fundamental demands: a) the return of institutional order with the restitution of the legitimate president Manuel Zelaya Rosales, b) respect for our sovereign right to install a National Constituent Assembly that brings together the country and c) punishment for the violators of human rights.

2.That the call of the agreement Tegucigalpa-San Jose contains the priority element the return of constitutional order and literally states its purpose as “to bring back the title of the Executive Power to the state previous to the that of June 28 until the conclusion of the actual governing period, January 27, 2010”

3.That the National Congress, coauthor of the breaking of constitutional order on the June 28, is using delaying tactics, in not wanting to convene the complete assembly in order to repeal the decree that installed the de facto regime.

4.That the OEA and the government of the United States, who we consider accomplice of the military coup d’état, do not represent our interests in the definitive exit of the people involved in the coup d’état out of power.

So we resolve:

1.If today, Thursday, November 5, no later than midnight President Jose Manuel Zelaya Rosales is not reinstated to his position, the National Resistance Front against the Coup d’Etat will not recognize the electoral process and its results.

2.We alert all the organizations in the resistance on a national level so that in case President Zelaya is not reinstated in the established period to be ready to execute the actions of negating the farse elections.

3.We call on the international community to maintain the position that the de facto regime and the elections of November 29 are illegitimate.

We resist and we will be victorious!
Tegucigalpa, M.D.C. 5 of November 2009
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The article goes on to answer the question, which many have asked, "why boycott the elections."

The Union of South American nations (UNASUR) sides with the man with in his underwear (and cowboy hat).