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

To: Boot who wrote (417)	4/9/1999 8:48:00 PM
From: Boot	Respond to of 613

Okay, so here I am answering my own question. I found this on Raging Bull and am posting it here in case anyone else is interested: By: casper1 Reply To: None Friday, 9 Apr 1999 at 12:37 PM EDT Post # of 314 Attention all, good news, I just got off the phone with Herbert S Perman. We had a very good talk. First of all. The deal for BHFC is for real. They are delivering the minority shareholders documents as we speak. They have to complete audits of both co's, which is being done now, and will be complete in a few weeks. They have 2 litigation claims taken care of entirely, and only 2 more minor ones that are being finalyzed in the next two weeks. None of it should stop them from Forming BHIG. Herb is 61 years old and he wants to get this rolling for everyones benefit. They will only do a reverse split, if the audits come back, and they decide from a growth standpoint, that they have big enough guns to go huge immediately, otherwise they will in no way do one. I personally have Jonathon Bentley Stevens phone # in Los Angeles. Herb said he would contact him and give him my name and phone #, and that he would try and call me. Herb said I can ask him anything I want, but he can't give me insider info. I will let everyone know what Jonathon Bentley Stevens has to say as soon as I hear from him. That is if I can reach him. Herb was going to get his cell number for me, if necessary. Now I would definitely hold all positions, until the audits come back, and they have a better idea of the best strategy for the implementation of the new co. BHIG. By: casper1 Reply To: None Friday, 9 Apr 1999 at 1:41 PM EDT Post # of 314 Even better news! Herb called me back, and told me to give Jonathon a call. Here's what Jonathon had to say; They will be breaking escrow on April 1. This deal is going to take place. He is from Australia. He has been in the Philippines since 1992. They have 3 factories that we're consolidated in July of 1998. They have a new one built by the Sumitomo Corp, of Japan. They have a 50 year contract with the Philippine government on their organic plantation. They control the 2 largest plantations in the Philippines. They replant at 4-1 ratio, all organic and they plant Palm trees, and then sell the palm oil from them. They redo hotels and design new ones. Their materials and labor are so cheap they tell the hotels that they will give them a 40% discount up front in return for equity in the hotel, like suites. They have a tax free status for 4 years. They have the KPMG group handling there books. They will be installing electricity and poles to over 7,000 islands. They will form BHIG with GTMI and conglomerate all profits into one. They have a contract with a Canadian governmental co. to do the housing project. They are looking for a ISP co. and will be using GTMI for telecommunications and later internet connections for all 7,000 islands. This new co. is ground floor right now for us. He wants a Nasdaq small cap listing this year. He seems like a great guy with big ambitions. He told me to call and check in with him anytime. Spread the word people. I am definitely qualifying this as a strong buy from here out. I have to go out and make a living now for my own co. Please feel free to e-mail me at casper2@ragingbull.com I will be back at 6pm pacific to help answer more questions. I apologize for having to go but I have other priorities to take care of. See ya.

To: Boot who wrote (417)	4/9/1999 9:19:00 PM
From: jebj	Respond to of 613

>The recent news and the reaction to it is inexplicable unless it comes down to a matter of trust. -Boot I do not speak from personal experience but from people I know that have been somewhat involved with GTMI for a while now it seems that virtually everyone advised Rod to bankrupt GTMI and start with a clean sheet when they got the rug pulled out from under them a while back. He refused to do so, saying the people - stockholders and inverstors - that had stuck with him deserved better. It appears their loyalty is about to pay off although some will need a very large increase just to get back to even! jb