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

To: jebj who wrote (286)	2/6/1999 7:14:00 PM
From: Bullhorn	Respond to of 613

@ .19 who cares...play lotto, Tahoe or Vegas..the odds are the same...I'm in for a long shot..Bullhorn

To: jebj who wrote (286)	2/6/1999 10:54:00 PM
From: JP390	Read Replies (1) \| Respond to of 613

OK...when I said something earlier about the 75 million shares, it was a pretty good guess. The shares issued and outstanding is 37,720,723. The total authorized is 75,000,000. Seems simple enough. Give the company most or all of those shares and they essentially become half owner. GTMI can now use thier assets as collateral and they can move forward w/all the other projects.Thus, you have a company w/a book value of around $11.00. They both get what they want and we get what we want (a much higher share price) I'm getting excited here. We may be on to something. A little research goes a long way. Actually, if this is the way it goes down, there is no share dilution, because we are gaining $850,000,000 in assets.