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To: LANCE B who wrote (13346)	7/14/1999 1:16:00 PM
From: richard lionhearted	Respond to of 13776

lance--CHES news just out

To: LANCE B who wrote (13346)	7/14/1999 1:18:00 PM
From: Ken Snyder	Respond to of 13776

GTMI -- there was some intrest in this awhile back. The following is todays letter to shareholders. Dosen't seem to answer any of my big (or should I say BHIG) questions such as R/S or not? KS The Following Is ALetter to The Shareholders of Global Telemedia International Inc. July 14, 1999 10:45 AM ATLANTA--(BUSINESS WIRE)--July 14, 1999-- Dear shareholders; I have the pleasure to announce the conclusion of the first international board meeting of Global Telemedia International Inc. GTMI /Bentley House Furniture Co. (BHFC). The Board of Directors, most of whom flew halfway around the world to attend the meeting, included Prince Wadood Bolkiah who was accompanied by his legal advisor. The Board meeting extended over 3 days in order to address all of the measures that were needed to re-structure and strengthen the company. Corrective measures for all major points were addressed, such as legal settlements, structured debt management, short-term cash flow and commencement of international operations. Each of the directors has elected to be responsible for a particular division, to ensure it is performance. The board approved the appointment of Century City Law Firm, Tisdale & Nicholson to represent the company. Its senior partner, Jeff Tisdale, represented the law firm during the board meeting. The company has established cash management accounts in Merrill Lynch Newport Beach and operating accounts in Bank of America. Future Telecom business was addressed with the presence of both the Chairman & President of CyberAir and Mr. Tony Peralta, who flew in from Australia to brief the board on his successful efforts to bring an offer from an Australian Company to joint venture GTMI into that country. The principals of BHFC have been in international business for over 20 years and the profit centers acquired by BHFC have been producing for 25, 27 and 35 years respectively. This is a foundation which will prevail, whatever the market does. These divisions are the result of consolidations or acquisitions by Bentley House. Quality acquisitions translate to solid long term results. The directors agree, hard work, strong earnings, and positive growth both in the USA and internationally are the answer for stability and growth in the share prices. The company operating in several time zones equates to a 24 hour a day cash flow operation. Management is prepared for a 14-hour office day bearing in mind the international time differences in Australia, Brunei, Philippines and the USA. GTMI/BHFC who only broke escrow approximately 2 months ago, has seen major restructuring and a new playing field. In July GTMI will move into its new offices in Newport Beach with the "A" team in control. GTMI/BHFC has an international Board of Directors that should be the envy of any company. The company will launch its new website this week. The web site is designed to attract new international business particularly in the Hotel, Resort and Telecommunications arena. Our long-term view will be to benefit all shareholders internationally. We will in the very near future announce important events bearing on the company's activities. On behalf of our Board of Directors I would like to thank all shareholders for their support. Jonathon Bentley-Stevens President GTMI Next Previous