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Microcap & Penny Stocks : GLTI (Global TeleMedia International Inc.)-fomerly GTMI
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To: bigbuk who wrote (268)2/4/1999 12:00:00 PM
From: Qone0  Read Replies (2) of 613
 
The company also holds all the timber rights on the 60,000 acre combined plantations of Kapai and Kaics, located
in Mindanao, with combined reserves of more than 1,020,000 cubic meters of Mahogany and furniture grade
hardwoods. These properties have been independently appraised at a value of US850,430,577 by a Philippine

The last 10q states 37,720,723 shares outstanding. That gives GTMI a book value of 2.25 a share.
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