This is off the RAGING BULL GTMI board
Well guys & gals. At last GTMI is on weeklystockpicks site. you know what it means.. EUTO went up from .015 to .08 when it was featured on weeklystockpicks..
So get ready for the jump.. here is news
weeklystockpicks - weeklystockpicks.com
OUR SECURITY SELECTION THIS WEEK IS GLOBAL TELEMEDIA INTERNATIONAL INC.
(OTC BB:GTMI) SHARES OUTSTANDING=45M SHARES IN THE FLOAT=15M
GLOBAL TELEMEDIA INTERNATIONAL INC. IS A FULL-SERVICE COMMUNICATIONS COMPANY FOCUSING ON INTERNATIONAL COMMUNICATIONS NETWORKING IN EMERGING COUNTRIES. THE COMPANY IS DRAFTING A TELECOMMUNICATIONS AGREEMENT WITH AN AUSTRALIAN COMPANY TO JOINT VENTURE AND EXPAND THEIR OPERATIONS IN THE BIMP-EAGA COUNTRIES (BRUNEI, INDONESIA, MALAYSIA & PHILIPPINES) THAT HAVE COMBINED POPULATIONS OF OVER 400 MILLION PEOPLE. GTMI ALSO HAS CONTRACTS
WITH MEXICO, INDIA AND PAKISTAN. CFO, HERB PERMAN, SPOKE TO WWW.WEEKLYSTOCKPICKS.COM AND INDICATED THAT HE EXPECTS THE COMPANY TO GENERATE $500,000 PER MONTH IN GROSS PROFITS FROM LONG-DISTANCE SERVICE OVERSEAS, REFLECTING A TWO CENT PER MINUTE MARKUP FOR EACH MINUTE THEIR LINES ARE USED.
GTMI ANNOUNCED ON MARCH 30 OF THIS YEAR THAT IT CLOSED ITS ACQUISITION OF BENTLEY HOUSE FURNITURE CO. BENTLEY HOUSE FURNITURE IS A PHILIPPINE HOLDING COMPANY WITH INTERESTS IN TELECOMMUNICATIONS, AGRICULTURE, MINING, TIMBER EXPORT AND FURNITURE MANUFACTURING.
IN A PRESS RELEASE DATED APRIL 8, 1999, GTMI, THROUGH ITS WHOLLY OWNED SUBSIDIARY, BENTLEY HOUSE FURNITURE CO., ANNOUNCED THAT IT ENTERED INTO A
JOINT VENTURE CONTRACT WITH SAN ANTONIO HOUSING SYSTEMS & TECHNOLOGY, INC. TO BUILD GOVERNMENT EMPLOYEE HOMES IN THE PHILIPPINES. THIS VENTURE IS
EXPECTED TO GENERATE MORE THAN $36 MILLION IN MONTHLY REVENUES AND $16 MILLION IN MONTHLY GROSS PROFITS, REFLECTING A GROSS PFORIT MARGIN OF MORE
THAN 45%.
IN ADDITION, BENTLEY HAS AN EXPORT GUARANTEE WITH THE PHILIPPINE GOVERNMENT IN THE AMOUNT OF $50 MILLION PER YEAR TO EXPORT FURNITURE AND
SEMI-FINISHED TIMBER PRODUCTS.
FINALLY, GTMI IS INVOLVED IN INTERNET COMMERCE WHERE LARGE COMPANIES WITH THOUSANDS OF EMPLOYEES CAN ENJOY LIVE VIDEO-CONFERENCING. CFO, HERB
PERMAN, IS VERY EXCITED ABOUT THIS NEW INTERNET VENTURE BECAUSE ITS SOPHISTICATED TECHNOLOGY SHOULD ALLOW FOR A SUBSTANTIAL INCREASE IN SALES
AND PROFITS. WE AT WSP BELIEVE THAT GLOBAL TELEMEDIA INTERNATIONAL INC. WILL BE AN EXCELLENT SHORT AND LONG-TERM PLAY BASED ON THE ABOVE
INFORMATION.
DISCLAIMER: WEEKLYSTOCKPICKS.COM'S INTENT IS TO RESEARCH AND IDENTIFY COMPANIES THAT IT BELIEVES MIGHT PROVE TO BE PROFITABLE INVESTMENTS. WEEKLYSTOCKPICKS.COM IS NOT LIABLE FOR ANY
INVESTMENT DECISIONS BY ITS READERS OR SUBSCRIBERS. ALL STATEMENTS OR EXPRESSIONS BY WEEKLYSTOCKPICKS.COM ARE NOT MEANT TO BE A SOLICITATION TO BUY, SELL OR HOLD SECURITIES NOR ARE WE PAID BY OTHER COMPANIES TO PROMOTE THE
PURCHASE OF THEIR SHARES. IT IS HIGHLY RECOMMENDED YOU CONSULT A LICENSED FINANCIAL ADVISOR OR BROKER BEFORE ANY SECURITY PURHCASES. |
