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Microcap & Penny Stocks : GLTI (Global TeleMedia International Inc.)-fomerly GTMI

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To: Stu who wrote (263)2/2/1999 4:08:00 PM
From: jebj  Read Replies (2) of 613
 
Hello Stu -

Unfortunately. NO news ref GTMI!

They seemed to be doing everything right with WHAT they were doing - it appears to be the HOW that has things stalled.

Nothing will be done without the funding to carry thing forward and for some reason they don't seem to be able to put some in place.

The problems this leads is twofold -

1) Technologh is not standing still - when they first started down the road with Ultra Pulse, there was nothing that could come close to it. The longer they wait, the more compitition that have and at some point get passed.

2) These contracts they have must have performance clases in them - if they don't cover certain items in certain timeframes they could lose the contracts to someone else.

I have been following GTMI for almost a year now and they just don't seem to be able to get their act together. Wish I had taked the tax loss now!

jb
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