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Non-Tech : Any Stock Warrants

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From: skywalker446/23/2009 1:51:05 PM
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Re: Global Telecom & Technology warrant "Z" (GTLTZ.OB)

The chairman of GTLT.OB, Brian Thompson, currently controls ~65.5% of the total shares outstanding, as per this 6/1/2009 SEC filing:

finance.aol.com

If a bidder came along at the right price, Mr. Thompson could unilaterally make such a takeover happen quickly.

This filing also mentions holdings of the GTLTW.OB and GTLTZ.OB warrants by the 2 dominant insider entities.

After trading around 65-75 cents for many months, the GTLT shares have risen above $1.00 over the past 2 weeks and have traded as high as $1.40.
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