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Microcap & Penny Stocks : GLTI (Global TeleMedia International Inc.)-fomerly GTMI -- Ignore unavailable to you. Want to Upgrade?

To: thomas a. burke who wrote (508)	12/4/1999 5:47:00 PM
From: jebj	Read Replies (1) \| Respond to of 613

>I would tend to believe the article. After watching GTMI for the last year I have come to the conclusion that they are less than forthright when dealing with their shareholders. - Tom I have been in GTMI since it was at .60 so am aware of what has been going on. I would certainy agree with you ref. the old management - nothing but a bunch of crooks, IMHO. But Stevens and Bentley appear to have their act together and if what has been posted ref his part in the actions mentioned in the article are true then he, GTMI/Bentley and all it's sharesholders have been dealt a damaging blow - which legal action may be taken to resolve. I, like most I believe, did not purchase my shares based upon timber or any other items Bentley may, or may not, bring to the table. It was and is the UltraPulse the got me in and will keep me in. What is sad is that if it were not for past managements lack of abilities - or flat out crookedness, whichever - the contract which is now under BentleyTel would have been wholly under GTMI. For what amounted to "pocket change" in the overall, GTMI was not able to complete the terms of the letter of intent they had and lost the technology. My had is off to Bentley for being able to save it but I'll bet it has cost them a ton of money to do so. Ref the P&d boys and the shares outstanding - I guess those scum will always be around and a reverse split of the reported 1:9 will drop the large number of shares to something managable. As mentioned, these other up and running companies did not roll into Bentley Tel for shares just for the heck of it - it would appear they expect good things from the association, as do I. What this has done, I am afraid, is set the timeline back a bit for some meaningful rise in the stock price. jb