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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT -- Ignore unavailable to you. Want to Upgrade?


To: Laura E. who wrote (795)9/17/1998 11:16:00 AM
From: PaulB  Respond to of 1096
 
It has moved up 16 % in a market where the DOW is down 230 points.
It will get there shortly a little patience while we eat up this
resistance at 1 /18.

Paul



To: Laura E. who wrote (795)9/17/1998 11:24:00 AM
From: Bram12345  Read Replies (1) | Respond to of 1096
 
It is contemplated that the Units will be publicly traded as a separate security ...

This part of the PR has to be addressed first. Has anyone called the company to get additional information as to when the units will be traded; also, how will they be traded. It seems the company made it very difficult to understand the buyout terms and how the terms will exactly work. The buyout is a great opportunity for share holders of GBIT, if the units can be traded in the same manner as stock. The company has not clarified this issue. If the units can indeed be traded like shares of stock, then GBIT should be trading 2 to 2.25 dollars per share(based on IGHS current price of 2.5 dollars per share; and excluding the warrants).