I guess IR must be getting swamped with phone calls. So they release a PR, saying all is A OK.
biz.yahoo.com
"Wednesday September 27, 2:19 pm Eastern Time
Press Release
Global Light Confirms No Material Changes
VANCOUVER, B.C.--(BUSINESS WIRE)--Sept. 27, 2000--Global Light Telecommunications Inc. (AMEX:GBT - news; CDNX:GGB.U - news) confirms that there are no material changes in its affairs.
Global Light Telecommunications Inc. participates in telecommunications projects in Latin America, North America, Europe and Asia. These activities are conducted principally through Global Light's interests in: Bestel, S.A de C.V., a Mexican facilities based provider of telecommunications and data services; Highpoint Telecommunications Inc. (HGP:CDNX) which is developing three European projects focused on transport (Vine Telecom Ltd.), IP services (AduroNet Limited), and local exchange carrier services (Kast Telecom); NeTrue Communications Inc. (NTU.U:CDNX) which develops, manufactures and sells Internet Protocol telephony technology solutions to worldwide communications providers; and New World Network Holdings, Ltd. which holds an approximate 85% interest in ARCOS-1 (Americas Region Caribbean Ring System) which is developing a state-of-the-art submarine broadband fiber optic network through the Caribbean.
No stock exchange has reviewed or approved the contents of this news release. The Canadian Venture Exchange does not accept responsibility for the accuracy or adequacy of this release."
Morgan |
