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

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To: Paul K who wrote (581)	10/7/2000 9:51:11 AM
From: SCOOBEY-DO	of 613

Very good question, Paul. I e-mailed GTMI on Friday (October 6)and received their response today. It doesn't sound like a company that is trying to hide important business facts. "Subject: Re: MessagePilot (TM) From: Gtmimail@cs.com Add to Contacts Date: Sat, Oct 7 2000 1:56:54 AM EDT Dear Scoobey, We are not able to comment as the matter is in the hands of our legal counsel, what we can say is that after almost 9 months and an investment of approximately $700,000 including months of assistance from GTMI/BentleyTel software engineers DEI was not able to deliver the product prior to its "termination" . Since then GTMI / BentleyTel have signed a 3-year contract with Ericsson which includes co-development of new products and a very advanced Unified Messaging product that is available today. Very few companies get the chance to partner with a world leader such as Ericsson and GTMI / BentleyTel are very proud to be in that rare arena. Best regards, GTMI management" Their answer makes sense to me. Scoob

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