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

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To: james hoag who wrote (513)12/5/1999 8:10:00 PM
From: thomas a. burke  Read Replies (2) of 613
 
James,

I beg to differ. GTMI has said many things in the past and very little has come to pass. Based on their history, I believe it is you who are assuming too much. The stock price will rise only when those "verifiable contracts" actually generate revenues. Until that happens those contracts are only projections IMO. GTMI has such a bad reputation that it will be very unlikely that any serious money would park here until they actually generate revenues.

The management missteps of the past coupled with the dilutive(99%(BHIG) / 1%(GTMI float)) merger and topped off with the upcoming reverse split make it a necessity for GTMI to generate revenues ASAP, otherwise this company will die.

Time will tell if those contracts will ever generate any real revenues.

Tom B.
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