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Microcap & Penny Stocks : GTII Golden T Inds
GTII 0.0300+50.0%Nov 5 10:18 AM EST

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To: DMurph who wrote (29)10/12/1997 10:15:00 PM
From: Fred Rodgers   of 43
 
Your interpretation of the company has some serious flaws.

The company's main core business is disposal of the salt water that is produced while pumping oil out of the ground. Oil producers come on to one of GTII's disposal facilties with a loaded truck and unload the contents into a holding tank until it is pumped back into the ground.

As for their real estate holdings, the property in NM is undeveloped.
the property butts up against the reservation.

The company's CEO is in Texas right now overseeing the development of
their newly acquired property. As for your call the company, at the office is Alb NM, there are only two employees at that office. Both of them we out of town at investor show. Your call was routed to Karen Lee at GTII's Springtown, Texas office. I'm not suprised she did not know exactly where the property in NM is because other than collecting small hunting leases it is a dormant asset presently.

Several years ago, control of the company changed hands. The new CEO is concentrating on earnings. It was his decision to reverse split the stock so that was no longer a low priced issue so that is got more exposure. This decision has seemed to work. I have made a fortune in this stock. With earnings projected to reach as high as two dollars this year, you might want to consider taking more thorough examination of the company rather than the photographic examination that you have displayed for us here.

Fred Rodgers
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