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


To: S. Bashakis who wrote (285)2/6/1999 6:20:00 PM
From: jebj  Read Replies (2) | Respond to of 613
 
>Why wouldnt they just sell these assets and buy GTMI's 37 million shares for .30 and have all the board seats, contacts, contracts etc.?

Would assume that GTMI, like most companies, has officers holding controling interest. Therefore, you could not purchase enough shares to control the company.

>What is GTMI using as currency for the acquisition?

Probably just stock.

jb