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Microcap & Penny Stocks : GLTI (Global TeleMedia International Inc.)-fomerly GTMI
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To: jebj who wrote (509)12/5/1999 8:11:00 AM
From: thomas a. burke  Read Replies (1) of 613
 
jebj,

Fair enough. I do admire your faith in the "new GTMI".

Your hope for a 9/1 reverse split would still leave 100,000,000 shares outstanding and would leave you way under Nasdaq listing level. I think a 50/1 reverse split would be better for shareholders. You may be correct with regards to setting the stock back. GTMI had 2 blows dealt last week:
1) Recent article.
2) Big spike and crash due to P & D job. Scares away potential investors when they see a chart like that

On a final note I would like to say that I admired how you and others refrained from perpetuating that slash and burn job that was done to GTMI last week. That was absolutely the ugliest P & D job I have ever seen. They did not even have one person to provide any DD, just a bunch of hypesters trying to stir up hopes of less informed investors. You and some others saw it for what it was and refused to participate, congratulations.

Regards, Tom B.
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