SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : GLTI (Global TeleMedia International Inc.)-fomerly GTMI
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jebj who wrote (283)2/6/1999 12:06:00 PM
From: JP390   of 613
 
Seems to me like a good marriage. It's sounds like the Phillipine company will get to put some of it's people on the board of GTMI. GTMI will get thier funding to continue with thier technology. Lets assume the worst case scenario: There are about 37 million shares outstanding. Let's say that they double that to about 75 million so the Phillipine company can have 37 mil shares. Now, you have a company with assets in the neighhborhood of $850 million+ divided by the 75 million shares. Book value +$10.00. This would be in the case of an even deal. Then you have a company establishing itself in the US as well as the Phillipines. They are looking to be listed, so it would seem to me that this is about the way it will work out.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News