GlobeStar Therapeutics Corp (GSTC)

[Voices of Reason]

"I'm also thinking if the well continues to produce, they may have a leg to stand on" - that is the mystery isn't it - we have no idea what the working interest (costs) or the net revenue interest (profit) are in this well, so it is impossible to say one way or the other.

"I haven't heard anything since that PR last week." - yesterday, FTTN announced that they have hired a new COO in Harvey Bryant. Bryant was formerly with Bedford Operating (BFDE).

If you may recall FTTN announced a deal to acquire Bedford Operating Company last April ( http://www.businesswire.com/news/home/20120403005657/en/FTTN-Signs-Option-Acquire-Experienced-Oil-Gas ) but has since been silent on the deal to acquire. We know very little about BFDE and its ownership seems a bit murky as CTXE appears to own part or all of it. Both CTXE and BFDE's financials are very delinquent, so the structure of their financial health and ownership structure is impossible to determine.

Personally, I am not surprised in the murkiness since we know that Harvey Bryant has a history with SEC recividist Darrel Uselton ( http://edgar.sec.gov/Archives/edgar/vprr/04/9999999997-04-002083 ) you can see the whole history here with LIVA: http://www.investorvillage.com/groups.asp?mb=11218&mn=35&pt=msg&mid=3917707 - funny how the Uselton story continues to cross paths with Kathleen Delaney and her ventures....