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ADVC in OTC Microstock Watch:
http://www.mydd.com/stocks/otc/recent.html
Here, I put it in writing, lol.
imho, Jerome
Yep, I hate RS's. I made a post on the GTCI thread about the result, overall, it's a wash. It should move up to over abuck pretty quick I think. It does seem like a really great company, so I may just forget about these shares, and go long.
imho, Jerome
Sinobull--$4,000,000 in revenues per year), assisting GTCI to generate revenues from its operations in Shenzhen.
A good fit.
There are 30,961,378 issued and outstanding shares of common stock.
After a 10/1 RS, there will be 3,096,138 (23.68% of O/S after RM)
To acquire a total of four (4) subsidiary corporations of Hartcourt Companies, Inc. referred to as the "Sinobull Group" via a share exchange which will result in Hartcourt and the minority shareholders of the Sinobull Group owning 76.32% of the issued and outstanding shares of the Company.
So, after the RS and RM, there will be 13,075,000 O/S
Right now, we'd be at a .50/.59 shareprice. With a mk't cap of about 8M, and a p/s of about 2. It's probably about groundfloor for getting in.
imho, Jerome
lol, no problem. I didn't see that the chart arived until afterwards. It'd be easy to scale them down before posting... anyway, a nice tool for posting dd. Yea, it should run soon, ParabolicSAR reversal today on the price trend, usually means at least weeks move upward. Nice PR's today out on the stock too. Big news they are waiting on is a NASDAQ merger(of course, still waiting) and a big contract that was mentioned in the CC. Bottom is .25, which was retested. If it can lift off here, then it will have double bottomed, and could start a trend upward, ending the LT trend down.
imho, Jerome
LOL, no that was Dr. Lee from SHPS/ATEL fame.
imho, Jerome
Yea, there was a lot of speculation on the HRCT thread that GTCI would have a big RS prior to the merger.
imho, Jerome
Thanks, I am already in GTCI, and I don't think they are doing a RS either.
imho, Jerome
Hey arch, sorry for the clutter, if you look at the message thread in as a whole, the image shows up in #11115, but not when you look at the post! Looks like they have it set up here to just take pictures, not graphs. Anyway, I like ADVC right here, am looking at it on the bottom of tech indicators:
http://www.askresearch.com/cgi-bin/chart?symbol=ADVC&country=USA&size=640x480&months=18+...
They had a CC last week that should be in transcript form around thursday. I listened in, it was really good. DDinvestor.com will have the transcript. It should make a nice pop here shortly. Lotsa bashers too, lol.
imho, Jerome
just testing.
Sorry, I was seeing if I could post images on the thread, I guess you can check out the link, bottom feeding.
imho, Jerome
Hey, technically, I don't see a breakout yet, though it should happen. Money is flowing into the stock right now, and positions are being placed, anything near .05 looks like money in the bank.
imho, Jerome
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
http://www.pinksheets.com/quote/filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000912057%252D01%252D5...
--------------------------------------------------------------------------------
FORM S-8
REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OF 1933
SIGNATURES
The Registrant. Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf of the undersigned, thereunto duly authorized, in the City of Vancouver, British Columbia, on October 9, 2001.
GLOBAL TELEPHONE
COMMUNICATION, INC.
BY:
/s/ TERRY WONG
--------------------------------------------------------------------------------
TERRY WONG
President
TERRY WONG President and Director October 9, 2001
/s/ THOMAS J. KENNEDY
--------------------------------------------------------------------------------
THOMAS J. KENNEDY
Director and Treasurer (Principal Financial and Accounting Officer) and Secretary
October 9, 2001
October 1, 2001 3329S8
Mr. Terry Wong
President
Global Telephone Communication, Inc.
1700 - 355 Burrard Street
Vancouver, B.C. V6E 2G8
CANADA
Re: Legal Opinion for Global Telephone Communication, Inc. S-8 Registration Statement and my Consent for Filing this Opinion as an Exhibit to the S-8 Registration Statement
Dear Mr. Wong:
At your request, I have examined the form of Registration Statement No. 333- which Global Telephone Communication, Inc. (the "Company") is filing with the Securities and Exchange Commission, on Form S-8 (the "Registration Statement"), in connection with the registration under the Securities Act of 1933, as amended, of 4,470,000 shares of your Common Stock (the "Shares") issuable pursuant to those certain Consulting Agreements (the "Agreements").
In rendering the following opinion, I have examined and relied only upon the documents, and certificates of officers and directors of the Company as are specifically described below. In my examination, I have assumed the genuineness of all signatures, the authenticity, accuracy and completeness of the documents submitted to me as originals, and the conformity with the original documents of all documents submitted to me as copies. My examination was limited to the following documents and no others:
5.
The Agreements.
I have not undertaken, nor do I intend to undertake, any independent investigation beyond such documents and records, or to verify the adequacy or accuracy of such documents and records.
Based on the foregoing, it is my opinion that the Shares to be issued under the Agreements, subject to effectiveness of the Registration Statement and compliance with applicable blue sky laws, and execution of the Agreements in the form referred to herein, when issued pursuant to the Agreements, will be duly and validly authorized, fully paid and non-assessable.
I express no opinion as to compliance with the securities or "blue sky" laws of any state in which the Shares are proposed to be offered and sold or as to the effect, if any, which non-compliance with such laws might have on the validity of issuance of the Shares.
I consent to the filing of this opinion as an exhibit to any filing made with the Securities and Exchange Commission or under any state or other jurisdiction's securities act for the purpose of registering, qualifying or establishing eligibility for an exemption from registration or qualification of the Shares described in the Registration Statement in connection with the offering described therein. Other than as provided in the preceding sentence, this opinion (i) is addressed solely to you, (ii) may not be relied upon by any other party, (iii) covers only matters of Nevada and federal law and nothing in this opinion shall be deemed to imply any opinion related to the laws of any other jurisdiction, (iv) may not be quoted or reproduced or delivered by you to any other person, and (v) may not be relied upon for any other purpose whatsoever. Nothing herein shall be deemed to relate to or constitute an opinion concerning any matters not specifically set forth above.
--------------------------------------------------------------------------------
By giving you this opinion and consent, I do not admit that I am an expert with respect to any part of the Registration Statement or Prospectus within the meaning of the term "expert" as used in Section 11 of the Securities Act of 1933, as amended, or the Rules and Regulations of the Securities and Exchange Commission promulgated thereunder.
Very truly yours,
CARMINE J. BUA, III
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in this Registration Statement of Global Telephone Communication, Inc. on Form S-8 of our report dated March 16, 2001, appearing in the Annual Report on Form 10-KSB of Global Telephone Communication, Inc. for the year ended December 31, 2000, and to the reference to us under the heading "Experts" in the Prospectus, which is part of this Registration Statement.
MERDINGER, FRUCHTER, ROSEN & CORSO, P.C.
Certified Public Accountants
Los Angeles, California
October 5, 2001
imho, Jerome
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
http://www.pinksheets.com/quote/filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000912057%252D01%252D5...
--------------------------------------------------------------------------------
FORM S-8
REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OF 1933
Item 1. Plan Information
Information required by Part I to be contained in the Section 10(a) Prospectus is omitted from the registration statement in accordance with Rule 428 under the Securities Act of 1933 and the Note to Part I of Form S-8.
Item 2. Registration Information and Employee Plan Annual Information .
Information required by Part I to be contained in the Section 10(a) Prospectus is omitted from the registration statement in accordance with Rule 428 under the Securities Act of 1933 and the Note to Part I of Form S-8.
Item 3. Incorporation of Documents by Reference
The Company's Annual Report on Form 10-KSB for the year ended December 31, 2000 and the Form 10-QSB's for fiscal quarters ended March 31, 2001 and June 30, 2001.
All documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, as amended, subsequent to the date hereof and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which de-registers all securities covered hereby then remaining unsold shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents, except as to any portion of any future Annual or Quarterly Report to Stockholders which is deemed to be modified or superseded for purposes of this Registration Statement to the extent that such statement is replaced or modified by a statement contained in a subsequently dated document incorporated by reference or contained in this Registration Statement.
Item 4. Description of Securities
Securities are registered under Section 12(g) of the Exchange Act.
Item 5. Interests of Named Experts and Counsel
Not Applicable
Item 6. Indemnification of Directors and Officers:
Nevada Revised Statutes 78.751 and 78.752 (the "Statutes") provide that a corporation may indemnify its present or former directors, officers, employees, agents and other persons in accordance with the procedure contained in the Statutes.
Article VI of the Company's Articles of Incorporation provide: "The Corporation shall indemnify, to the fullest extent permitted by applicable law in effect from time to time, any person against all liability and expense (including attorneys' fees) incurred by reason of the fact that he is or was a director or officer of the Corporation, he is or was serving at the request of the Corporation as a director, officer, employee, or agent of, or in any similar managerial or fiduciary position of, another corporation, partnership, joint venture, trust or other enterprise. The Corporation shall also indemnify any person who is serving or has served the Corporation as a director, officer, employee, or agent of the Corporation to the extent and in the manner provided in any bylaw, resolution of the shareholders or directors, contract, or otherwise, so long as such provision is legally permissible."
Article VI, Section 6.1 of the Company's By-Laws provides "To the fullest extent permitted by the laws of the State of Nevada (currently set forth in NRS 78.751), as the same now exists or may hereafter be amended or supplemented, the Corporation shall indemnify its directors and officers, including payment of expenses as they are incurred and in advance of the final disposition of any
--------------------------------------------------------------------------------
action, suit, or proceeding. Employees, agents, and other persons may be similarly indemnified by the Corporation, including advancement of expenses, in such case or cases and to the extent set forth in a resolution or resolutions adopted by the Board of Directors. No amendment of this Section shall have any effect on indemnification or advancement of expenses relating to any event arising prior to the date of such amendment."
Article VI, Section 6.2 of the Company's By-Laws further provides: "To the fullest extent permitted by the laws of the State of Nevada (currently set forth in NRS 78.752), as the same now exists or may hereafter be amended or supplemented, the Corporation may purchase and maintain insurance and make other financial arrangements on behalf of any person who is or was a director, officer, employee, or agent of the Corporation, or is a or was serving at the request of the Corporation as a director, officer, employee, or agent of another corporation, partnership, joint venture, trust, or other enterprise, of any liability asserted against such person and liability and expense incurred by such person in its capacity as a director, officer, employee, or agent, or arising out of such person's status as such, whether or not the Corporation has the authority to indemnify such person against such liability and expenses."
Item 7. Exemption From Registration Claimed
Not Applicable.
Item 8. Exhibits
The following is a list of exhibits filed as part of the Registration Statement:
5.1 Opinion of Carmine J. Bua, III, Esq. regarding the legality of the securities registered hereunder.
23.1
Consent of Merdinger, Fruchter, Rosen & Corso, P.C., Certified Public Accountants.
23.2
Consent of Counsel (included as part of Exhibit 5.1).
Item 9. Undertakings
(a)
The undersigned registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement.
(iii)
To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;
2
--------------------------------------------------------------------------------
provided, however, that paragraphs (1)(a)(i) and (1)(a)(ii) do not apply if the registration statement is on Form S-3, Form S-8 or Form F-3, and the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the registration statement.
(2)
That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(b) The undersigned registrant hereby undertakes that, for purposes of determining a liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers, and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
3
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SIGNATURES
The Registrant. Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf of the undersigned, thereunto duly authorized, in the City of Vancouver, British Columbia, on October 9, 2001.
GLOBAL TELEPHONE
COMMUNICATION, INC.
BY:
/s/ TERRY WONG
--------------------------------------------------------------------------------
TERRY WONG
President
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated.
Signature
--------------------------------------------------------------------------------
Title
--------------------------------------------------------------------------------
Date
--------------------------------------------------------------------------------
/s/ TERRY WONG
--------------------------------------------------------------------------------
TERRY WONG President and Director October 9, 2001
/s/ THOMAS J. KENNEDY
--------------------------------------------------------------------------------
THOMAS J. KENNEDY
Director and Treasurer (Principal Financial and Accounting Officer) and Secretary
October 9, 2001
4
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INDEX TO EXHIBITS
Sequentially
Exhibit Number
--------------------------------------------------------------------------------
Description
--------------------------------------------------------------------------------
5.1 Opinion of Carmine J. Bua, III, Esq. regarding legality of the securities registered hereunder.
23.1
Consent of Merdinger, Fruchter, Rosen & Corso, P.C., Certified Public Accounts.
23.2
Consent of Counsel (included as part of Exhibit 5.1.
5
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QuickLinks
PART I INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS
Item 1. Plan Information
Item 2. Registration Information and Employee Plan Annual Information .
Item 3. Incorporation of Documents by Reference
Item 4. Description of Securities
Item 5. Interests of Named Experts and Counsel
Item 6. Indemnification of Directors and Officers
Item 7. Exemption From Registration Claimed
Item 8. Exhibits
Item 9. Undertakings
SIGNATURES
INDEX TO EXHIBITS
--------------------------------------------------------------------------------
October 1, 2001 3329S8
Mr. Terry Wong
President
Global Telephone Communication, Inc.
1700 - 355 Burrard Street
Vancouver, B.C. V6E 2G8
CANADA
Re: Legal Opinion for Global Telephone Communication, Inc. S-8 Registration Statement and my Consent for Filing this Opinion as an Exhibit to the S-8 Registration Statement
Dear Mr. Wong:
At your request, I have examined the form of Registration Statement No. 333- which Global Telephone Communication, Inc. (the "Company") is filing with the Securities and Exchange Commission, on Form S-8 (the "Registration Statement"), in connection with the registration under the Securities Act of 1933, as amended, of 4,470,000 shares of your Common Stock (the "Shares") issuable pursuant to those certain Consulting Agreements (the "Agreements").
In rendering the following opinion, I have examined and relied only upon the documents, and certificates of officers and directors of the Company as are specifically described below. In my examination, I have assumed the genuineness of all signatures, the authenticity, accuracy and completeness of the documents submitted to me as originals, and the conformity with the original documents of all documents submitted to me as copies. My examination was limited to the following documents and no others:
1.
Articles of Incorporation of the Company, as amended to date;
2.
Bylaws of the Company, as amended to date;
3.
Resolution adopted by the Board of Directors of the Company authorizing the issuance of the Shares pursuant to the Agreements.
4.
The Registration Statement.
5.
The Agreements.
I have not undertaken, nor do I intend to undertake, any independent investigation beyond such documents and records, or to verify the adequacy or accuracy of such documents and records.
Based on the foregoing, it is my opinion that the Shares to be issued under the Agreements, subject to effectiveness of the Registration Statement and compliance with applicable blue sky laws, and execution of the Agreements in the form referred to herein, when issued pursuant to the Agreements, will be duly and validly authorized, fully paid and non-assessable.
I express no opinion as to compliance with the securities or "blue sky" laws of any state in which the Shares are proposed to be offered and sold or as to the effect, if any, which non-compliance with such laws might have on the validity of issuance of the Shares.
I consent to the filing of this opinion as an exhibit to any filing made with the Securities and Exchange Commission or under any state or other jurisdiction's securities act for the purpose of registering, qualifying or establishing eligibility for an exemption from registration or qualification of the Shares described in the Registration Statement in connection with the offering described therein. Other than as provided in the preceding sentence, this opinion (i) is addressed solely to you, (ii) may not be relied upon by any other party, (iii) covers only matters of Nevada and federal law and nothing in this opinion shall be deemed to imply any opinion related to the laws of any other jurisdiction, (iv) may not be quoted or reproduced or delivered by you to any other person, and (v) may not be relied upon for any other purpose whatsoever. Nothing herein shall be deemed to relate to or constitute an opinion concerning any matters not specifically set forth above.
--------------------------------------------------------------------------------
By giving you this opinion and consent, I do not admit that I am an expert with respect to any part of the Registration Statement or Prospectus within the meaning of the term "expert" as used in Section 11 of the Securities Act of 1933, as amended, or the Rules and Regulations of the Securities and Exchange Commission promulgated thereunder.
Very truly yours,
CARMINE J. BUA, III
CJB:dmj
--------------------------------------------------------------------------------
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Exhibit 23.1
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in this Registration Statement of Global Telephone Communication, Inc. on Form S-8 of our report dated March 16, 2001, appearing in the Annual Report on Form 10-KSB of Global Telephone Communication, Inc. for the year ended December 31, 2000, and to the reference to us under the heading "Experts" in the Prospectus, which is part of this Registration Statement.
MERDINGER, FRUCHTER, ROSEN & CORSO, P.C.
Certified Public Accountants
Los Angeles, California
October 5, 2001
imho, Jerome
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
http://www.pinksheets.com/quote/filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000912057%252D01%252D5...
--------------------------------------------------------------------------------
FORM S-8
REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OF 1933
--------------------------------------------------------------------------------
GLOBAL TELEPHONE COMMUNICATION, INC.
(Exact Name of Registrant as Specified in Its Charter)
Nevada
(State or Other Jurisdiction of Incorporation or Organization) 87-0285729
(I.R.S. Employer Identification No.)
1700-355 Burrard Street, Vancouver, B.C., Canada
(Address of Principal Executive Offices)
V6E 2G8
(Zip Code)
Consulting Agreements
(Full Title of the Plan)
Laughlin Associates, Inc., 2533 N. Carson Street, Carson City, NV 89706
(Name and Address of Agent For Service)
(800) 648-0966
(Telephone Number, Including Area Code, of Agent For Service)
--------------------------------------------------------------------------------
CALCULATION OF REGISTRATION FEE
--------------------------------------------------------------------------------
Title of
Securities
to be
Registered
Amount
to be
Registered
Proposed
Maximum
Offering
Price
Per Share
Proposed
Maximum
Aggregate
Offering
Price
Amount
of
Registration
Fee
--------------------------------------------------------------------------------
Common Stock
4,470,000
$.05
$223,500
$55.88
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
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PART I
INFORMATION REQUIRED IN THE
SECTION 10(A) PROSPECTUS
Item 1. Plan Information
Information required by Part I to be contained in the Section 10(a) Prospectus is omitted from the registration statement in accordance with Rule 428 under the Securities Act of 1933 and the Note to Part I of Form S-8.
Item 2. Registration Information and Employee Plan Annual Information .
Information required by Part I to be contained in the Section 10(a) Prospectus is omitted from the registration statement in accordance with Rule 428 under the Securities Act of 1933 and the Note to Part I of Form S-8.
Item 3. Incorporation of Documents by Reference
The Company's Annual Report on Form 10-KSB for the year ended December 31, 2000 and the Form 10-QSB's for fiscal quarters ended March 31, 2001 and June 30, 2001.
All documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, as amended, subsequent to the date hereof and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which de-registers all securities covered hereby then remaining unsold shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents, except as to any portion of any future Annual or Quarterly Report to Stockholders which is deemed to be modified or superseded for purposes of this Registration Statement to the extent that such statement is replaced or modified by a statement contained in a subsequently dated document incorporated by reference or contained in this Registration Statement.
Item 4. Description of Securities
Securities are registered under Section 12(g) of the Exchange Act.
Item 5. Interests of Named Experts and Counsel
Not Applicable
Item 6. Indemnification of Directors and Officers:
Nevada Revised Statutes 78.751 and 78.752 (the "Statutes") provide that a corporation may indemnify its present or former directors, officers, employees, agents and other persons in accordance with the procedure contained in the Statutes.
Article VI of the Company's Articles of Incorporation provide: "The Corporation shall indemnify, to the fullest extent permitted by applicable law in effect from time to time, any person against all liability and expense (including attorneys' fees) incurred by reason of the fact that he is or was a director or officer of the Corporation, he is or was serving at the request of the Corporation as a director, officer, employee, or agent of, or in any similar managerial or fiduciary position of, another corporation, partnership, joint venture, trust or other enterprise. The Corporation shall also indemnify any person who is serving or has served the Corporation as a director, officer, employee, or agent of the Corporation to the extent and in the manner provided in any bylaw, resolution of the shareholders or directors, contract, or otherwise, so long as such provision is legally permissible."
Article VI, Section 6.1 of the Company's By-Laws provides "To the fullest extent permitted by the laws of the State of Nevada (currently set forth in NRS 78.751), as the same now exists or may hereafter be amended or supplemented, the Corporation shall indemnify its directors and officers, including payment of expenses as they are incurred and in advance of the final disposition of any
--------------------------------------------------------------------------------
action, suit, or proceeding. Employees, agents, and other persons may be similarly indemnified by the Corporation, including advancement of expenses, in such case or cases and to the extent set forth in a resolution or resolutions adopted by the Board of Directors. No amendment of this Section shall have any effect on indemnification or advancement of expenses relating to any event arising prior to the date of such amendment."
Article VI, Section 6.2 of the Company's By-Laws further provides: "To the fullest extent permitted by the laws of the State of Nevada (currently set forth in NRS 78.752), as the same now exists or may hereafter be amended or supplemented, the Corporation may purchase and maintain insurance and make other financial arrangements on behalf of any person who is or was a director, officer, employee, or agent of the Corporation, or is a or was serving at the request of the Corporation as a director, officer, employee, or agent of another corporation, partnership, joint venture, trust, or other enterprise, of any liability asserted against such person and liability and expense incurred by such person in its capacity as a director, officer, employee, or agent, or arising out of such person's status as such, whether or not the Corporation has the authority to indemnify such person against such liability and expenses."
Item 7. Exemption From Registration Claimed
Not Applicable.
Item 8. Exhibits
The following is a list of exhibits filed as part of the Registration Statement:
5.1 Opinion of Carmine J. Bua, III, Esq. regarding the legality of the securities registered hereunder.
23.1
Consent of Merdinger, Fruchter, Rosen & Corso, P.C., Certified Public Accountants.
23.2
Consent of Counsel (included as part of Exhibit 5.1).
Item 9. Undertakings
(a)
The undersigned registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement.
(iii)
To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;
2
--------------------------------------------------------------------------------
provided, however, that paragraphs (1)(a)(i) and (1)(a)(ii) do not apply if the registration statement is on Form S-3, Form S-8 or Form F-3, and the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the registration statement.
(2)
That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(b) The undersigned registrant hereby undertakes that, for purposes of determining a liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers, and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
3
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SIGNATURES
The Registrant. Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf of the undersigned, thereunto duly authorized, in the City of Vancouver, British Columbia, on October 9, 2001.
GLOBAL TELEPHONE
COMMUNICATION, INC.
BY:
/s/ TERRY WONG
--------------------------------------------------------------------------------
TERRY WONG
President
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated.
Signature
--------------------------------------------------------------------------------
Title
--------------------------------------------------------------------------------
Date
--------------------------------------------------------------------------------
/s/ TERRY WONG
--------------------------------------------------------------------------------
TERRY WONG President and Director October 9, 2001
/s/ THOMAS J. KENNEDY
--------------------------------------------------------------------------------
THOMAS J. KENNEDY
Director and Treasurer (Principal Financial and Accounting Officer) and Secretary
October 9, 2001
4
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INDEX TO EXHIBITS
Sequentially
Exhibit Number
--------------------------------------------------------------------------------
Description
--------------------------------------------------------------------------------
5.1 Opinion of Carmine J. Bua, III, Esq. regarding legality of the securities registered hereunder.
23.1
Consent of Merdinger, Fruchter, Rosen & Corso, P.C., Certified Public Accounts.
23.2
Consent of Counsel (included as part of Exhibit 5.1.
5
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PART I INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS
Item 1. Plan Information
Item 2. Registration Information and Employee Plan Annual Information .
Item 3. Incorporation of Documents by Reference
Item 4. Description of Securities
Item 5. Interests of Named Experts and Counsel
Item 6. Indemnification of Directors and Officers
Item 7. Exemption From Registration Claimed
Item 8. Exhibits
Item 9. Undertakings
SIGNATURES
INDEX TO EXHIBITS
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October 1, 2001 3329S8
Mr. Terry Wong
President
Global Telephone Communication, Inc.
1700 - 355 Burrard Street
Vancouver, B.C. V6E 2G8
CANADA
Re: Legal Opinion for Global Telephone Communication, Inc. S-8 Registration Statement and my Consent for Filing this Opinion as an Exhibit to the S-8 Registration Statement
Dear Mr. Wong:
At your request, I have examined the form of Registration Statement No. 333- which Global Telephone Communication, Inc. (the "Company") is filing with the Securities and Exchange Commission, on Form S-8 (the "Registration Statement"), in connection with the registration under the Securities Act of 1933, as amended, of 4,470,000 shares of your Common Stock (the "Shares") issuable pursuant to those certain Consulting Agreements (the "Agreements").
In rendering the following opinion, I have examined and relied only upon the documents, and certificates of officers and directors of the Company as are specifically described below. In my examination, I have assumed the genuineness of all signatures, the authenticity, accuracy and completeness of the documents submitted to me as originals, and the conformity with the original documents of all documents submitted to me as copies. My examination was limited to the following documents and no others:
1.
Articles of Incorporation of the Company, as amended to date;
2.
Bylaws of the Company, as amended to date;
3.
Resolution adopted by the Board of Directors of the Company authorizing the issuance of the Shares pursuant to the Agreements.
4.
The Registration Statement.
5.
The Agreements.
I have not undertaken, nor do I intend to undertake, any independent investigation beyond such documents and records, or to verify the adequacy or accuracy of such documents and records.
Based on the foregoing, it is my opinion that the Shares to be issued under the Agreements, subject to effectiveness of the Registration Statement and compliance with applicable blue sky laws, and execution of the Agreements in the form referred to herein, when issued pursuant to the Agreements, will be duly and validly authorized, fully paid and non-assessable.
I express no opinion as to compliance with the securities or "blue sky" laws of any state in which the Shares are proposed to be offered and sold or as to the effect, if any, which non-compliance with such laws might have on the validity of issuance of the Shares.
I consent to the filing of this opinion as an exhibit to any filing made with the Securities and Exchange Commission or under any state or other jurisdiction's securities act for the purpose of registering, qualifying or establishing eligibility for an exemption from registration or qualification of the Shares described in the Registration Statement in connection with the offering described therein. Other than as provided in the preceding sentence, this opinion (i) is addressed solely to you, (ii) may not be relied upon by any other party, (iii) covers only matters of Nevada and federal law and nothing in this opinion shall be deemed to imply any opinion related to the laws of any other jurisdiction, (iv) may not be quoted or reproduced or delivered by you to any other person, and (v) may not be relied upon for any other purpose whatsoever. Nothing herein shall be deemed to relate to or constitute an opinion concerning any matters not specifically set forth above.
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By giving you this opinion and consent, I do not admit that I am an expert with respect to any part of the Registration Statement or Prospectus within the meaning of the term "expert" as used in Section 11 of the Securities Act of 1933, as amended, or the Rules and Regulations of the Securities and Exchange Commission promulgated thereunder.
Very truly yours,
CARMINE J. BUA, III
CJB:dmj
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Exhibit 23.1
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in this Registration Statement of Global Telephone Communication, Inc. on Form S-8 of our report dated March 16, 2001, appearing in the Annual Report on Form 10-KSB of Global Telephone Communication, Inc. for the year ended December 31, 2000, and to the reference to us under the heading "Experts" in the Prospectus, which is part of this Registration Statement.
MERDINGER, FRUCHTER, ROSEN & CORSO, P.C.
Certified Public Accountants
Los Angeles, California
October 5, 2001
imho, Jerome
Global Telephone Trading Off Lows
B: Global Telephone Trading Off Lows
Ridgeland, MS, OCT 30, 2001 (EventX/Knobias.com via COMTEX) -- Global Telephone
Communication Inc. (OTCBB GTCI) is trading fractionally higher in the session at
this time, on volume 459% greater than its 20-day average daily share volume.
The company issued news yesterday, regarding a new relationship with Equitilink,
LLC.to provide public relations and communications services, to manage
shareholder communications and provide traditional investment banking services.
The company last filed with the SEC on October 9th, when the company submitted
an S-8, registering 4,470,000 shares of its common stock.
Shares of the company are trading at a level higher than two of four moving
averages, and higher than the first of four technical upside price resistance
levels, as calculated by Knobias technical analysis. The stock has a 30-day
closing price range of $0.040 to $0.080.
Global Telephone Communication, Inc. seeks and develops opportunities in the
Information Technology, Telecommunications, and Internet Industries. To
capitalize on its industry experience and relationships, the Company has been
pursuing opportunities in Southeast Asia, with an emphasis on the People's
Republic of China. GTCI owns Regent Luck Holdings Ltd. which has a 90% interest
in a joint venture company, Shenzhen Global Net Computer Information Co. Ltd.,
which has an Exclusive Agency Agreement with Shenzhen Newsnet Co., Ltd., a
wholly owned subsidiary of China Telecom. Newsnet is a subsidiary of China
Telecom and is the biggest ISP in the city of Shenzhen with a subscriber base of
over 60,000. The Company also owns 51% of Pacific Asset International Ltd. and
70% of Cyber 2000 Ltd.
Date/Time of Daily Brief: 10-30-2001 14:22 ET
Company: GTCI - Global Telephone Communication Inc
Stock Price @ Publication: $ 0.060
Volume @ Publication: 323,300
KNOBIAS DISCLAIMER: Knobias has received no compensation from the Company or
Companies mentioned in this story. Knobias is not a registered broker-dealer,
nor investment advisor, and does not endorse or recommend any securities
mentioned. This story is provided for informational purposes only and is not
intended for trading purposes. Knobias shall not be liable for any actions taken
in reliance of any information provided herein. Republication or redistribution
of Knobias content is expressly prohibited without prior written consent of
Knobias.com, LLC.
ABOUT KNOBIAS: Knobias is the first and largest information repository of
Outside Market intelligence and covers thousands of publicly traded small &
microcap companies. Knobias consolidates, analyzes and markets fundamental
research data while providing real-time market monitoring and surveillance.
Using proprietary surveillance, Knobias sifts through thousands of stocks daily
reporting on breaking news and unusual trading. Daily Briefs are published in
real-time to inform investors on the story "behind the story".
For more information, or to receive these stories in real-time, visit:
http://www.knobias.com
CONTACT: Knobias.com, LLC
601-978-3399
601-978-3675
info@knobias.com
www.knobias.com
Copyright 2001 Knobias.com, LLC, All rights reserved.
-0-
imho, Jerome
I'm not sure about the O/S, with this filing:
http://www.pinksheets.com/quote/filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000912057%252D01%252D5...
It looks like alot of share transactions are ongoing, have to wait until it settles down to take a look, and see if there will be a RS.
imho, Jerome
Oct. 29, 2001--Global Telephone
Communication, Inc. (OTCBB:GTCI) is pleased to announce that it has
engaged Equitilink, LLC. (Equitilink) to provide public relations and
communications services, to manage shareholder communications and
provide traditional investment banking services.
"We are excited to engage Equitilink to bring shareholder
awareness to our new merger with Hartcout's subsidiary, Sinobull
Financial Group," stated Terry Wong, President & CEO. "As we get
closer to closing our merger, we want to communicate directly with
existing shareholders and aggressively disseminate our business plan
to new investors. We believe that this merger will add value to our
company and Equitilink will assist us in getting our compelling
business plan to the investment community and to generate interest in
GTCI."
About The Sinobull Financial Group
Sinobull Financial Group is a financial data provider and
technology developer and the owner of the popular financial portal,
Sinobull.com. Together with all subsidiaries and affiliates of
Sinobull Financial Group, Hartcourt and its strategic partners are
providing news, data and analysis to the business community and media
outlets; real-time pricing, historical pricing, indicative data,
analytics and electronic communications. Existing and potential
clients include; China's investment institutions, commercial banks,
government offices and agencies, corporations, and news/media
organizations.
imho, Jerome
FG, you may inspire me to take that scanner I bought this spring out of the box, lol. I will add those to my watch list. GTCI had news out today. It is at a very attractive price for the sinobull RM, provided that they don't rs the stock. I made a few calls today, and there is some moving around of shares, so it could move soon. Tough to bet on anything in the OTC right now though, easier to just jump aboard a naz or blue and set a sell limit, moving it up with the move, and clipping a 5-20% profit.
imho, Jerome
Nice move by SURE, from 5 to 16, might have a gap to fill at 9, where I will look for an entry.
FG, amidst your thoughts on sailing, continue to post what you see moving, and your stock picks, for sure!
imho, Jerome
I like the company doing the RM, but not the stock action, looks like insiders dumping out to me. The Money Flow keeps rising... todays volume count has 36k on the bid and 79k on the ask, so accumulation. Corona has obviously got a ton of shares they are dumping (~700K), and when it's done, we should rise higher. Only fear is that they know more than we do-- like an outrageous rs.
It's not out of the question though, as obviously, most of the shares are out there:
Share-Related Items
Market Capitalization $1.20M
Shares Outstanding 24.0M
Float 17.1M
imho, Jerome
Well, the A's are about to break apart, probably Giambi is going to the Yankee's, and losing more to free agency. the Mariners will have to pay big bucks to Bret Boone to stay, but other than that they are intact, and the Yankees are one year older. Maybe next year they can beat the Yankees. I sure thought they would this year, what a dissapointment.
imho, Jerome
Hey man, I voted for you! And you won too!
imho, Jerome
Go Diamondbacks! Ugh, I couldn't watch last night. I turned on the radio a few times, 5-0, 9-0, 9-3, and then forgot about it, read the obits this AM, brutal. Anyway, a great season with a sore ending, always next year.
Hey, I got tickets this AM to the WSU/UCLA game in for Nov, 3rd, could be a 2nd ranked vs 7th ranked national showdown, time for football!
imho, Jerome
Oh man, that was wrenching last night, we need a 3 sweep now, with our backs to the wall of a great season. If the Mariners lose, I will be rooting for the Bug Unit, and the Yankee demise in the WS. But instead, I'd like to see Johnson pitching in the WS at Safeco, a repeat of the AllStar game, gotta hope!
imho, Jerome
My experience on a boat(besides the occasional) was the two-weeks I was on a Salmon fishing boat up in Alaska, near Sitka. A couple of hours of sleep nightly, diesal fumes, a grumpy boss, and mega seasickness... together it resulted in my losing about 25 pounds, and being glad to be back on the ground. When we hit the fish processing plant, I got a job there instead, for the summer.
I have always longed more for the islands than the sea. You stop on some beautiful ones?
imho, Jerome
Bernard, here is the site, it's framed, so look for the menubar up top, and go to DirecPC, scroll half the way down, "DirecPC and DirecDuo, no phone line, 2 way anywhere... 400 Kbps, DirecPC Turbo Internet service."
http://www.orbitsat.com/Support/Index.htm
They told me avilable in August, which has come and went. I am in line, waiting... cost is $70 per month for the two way service, unlimited use. The set-up is about $750.
imho, Jerome
No, still holding. The action says pos, and I know that everyone, including RR, is selling shares, but he's not a liar, and has alot of things happening. Probably won't move until next year.
imho, Jerome
Ah, life on the sea.
Nowadays, you'd have a sat internet connection, and be trading from there :)
imho, Jerome
Thanks, I've updated the ihub dd to include the new links.
imho, Jerome
WOW, HRCT is moving nicely this week. Things coming together, let's hope for some action here too soon.
imho, Jerome
I cannot figure out the trading here. TA indicators say that the money is flowing in, but we consistently see shares enter in at the bid. What I guess it means is that the MM's are accumulating at ~.05 or so. And there is enough buying pressure at .06-.07 so that they do not drop their bid in the face of selling. But there is more selling than buying, so accumulation is ongoing.
Nice call there with GX Plato, hope you grabbed some!
imho, Jerome
Yea, AROD certainly had that one coming. 116 wins, I've a soft spot for the Cubs (followed them for two years on WGN while isolated in Alaska), so I was kinda glad they let it stand. That record will not be broken in my lifetime.
Nice bounce-back for the M's, hope its chilly in the Tribe stadium for Sele, who excels in those conditions.
imho, Jerome
Atlanta, when they took those two games from the NY Mets in the 9th, gained a great deal of confidence. But hey, this thread is about the Seattle Mariners! ;)
imho, Jerome
I like CHWT, have begun accumulation. Could move soon. Company didn't get off the ground with their great plans(CEO had trouble following thru-- a bit of a Chinese playboy already loaded with cash and not too focused); but I've heard that the directors have bigger plans for the company now.
I've been doing extremely well following nasdaq bounce plays. XOXO, GX, CMGI-- these stocks have recently run as fast and furious as the OTCBB heydays from their penny prices, an unusual market these days.
I also like GTCI's RM of HRCT's Sinobull, though I've not yet been able to nail down the share details of the transaction, so I don't know about the possibility of a RS.
Anyway, lots of fun trading, but not much confidence in spreading the word of what's moving, because theres a scarcity of chairs once the music stops. But I do like CHWT, and the MM movements there this week confirm my DD. Timing should be within this month or two at the most.
Other stocks I own:
TGHI, CMIH, ATEl-- all on my shit list, holding them long but not accumulating until I see some follow through.
Other China stocks I've noticed(and trade):
GOSN(a nice RM of a China retail telecom company); SRUN(getting the ET part of HRCT); SCRO popped nicely over the week, great play, so did AFBR. XNET, I like their latest acquisition.
imho, Jerome
Thanks-- excellent DD. 126 employees and growing, what a great company we have here.
I've noticed that the MM who consistently has approached to low offer over the past few months in SCHB(now at .06), it may be that this MM is who the 144 filings shareholders are using to get out of their position. 90 days from foiling to sell, means mid-november that they'll be out of shares.
65 days is the time frame, from the date of announcment.
imho, Jerome
DUDLEY HOLDINGS LIMITED, CORONA INVESTMENTS INC, WESTEC VENTURE GROUP INC, , EFO HOLDINGS
http://www.efoholdings.com/
This made up the original western investors of GTCI. You can see why the attracted a lot of interest, and had deals with AT&T, and LCI's founder Brandenburg as their CEO fro a time... but the union of East and West here just didn't pan out. Sinobull is a much better strategic fit for GTCI's principals.
Global Telephone Communications Inc. -- GTCI -- Reached Settlement With Major Creditors
VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 1, 2001--Global Telephone Communications Inc. (OTCBB:GTCI - news), today announced that it has reached a settlement with 2 major creditors, JE Matthew and EFO Holdings, ( http://www.efoholdings.com/ ) to convert their loans into common shares of GTCI and into long-term notes.
The creditors have also agreed to forgive 50 percent of the outstanding balance.
Mr. Terry Wong, President and CEO, of GTCI said,`` I am happy with the settlement. This agreement will allow GTCI to have a clean balance sheet so we can concentrate on future development of the company. The increase in shareholders' value is our main focus.''
imho, Jerome
This Corona Group for GTCI had a load of shares up for sale recently:
29-Aug-01 CORONA INVESTMENTS INC
Shareholder 514,866
GTCI Proposed Sale (Form 144).
Estimated proceeds of $28,300.
19-Jun-01 CORONA INVESTMENTS INC
Shareholder 188,600
GTCI Proposed Sale (Form 144).
Estimated proceeds of $28,290.
GTCI open high low close change volume
10/10/01 0.06 0.07 0.06 0.07 +0.01 29,000
10/09/01 0.06 0.06 0.06 0.06 +0.06 100
10/08/01 0.00 0.08 0.06 0.00 -0.06 0
10/05/01 0.07 0.07 0.06 0.06 +0.00 24,400
10/04/01 0.07 0.07 0.06 0.06 +0.06 31,500
10/03/01 0.00 0.09 0.07 0.00 -0.09 0
10/02/01 0.07 0.09 0.07 0.09 +0.04 16,300
10/01/01 0.05 0.05 0.05 0.05 -0.02 4,000
09/28/01 0.05 0.09 0.05 0.07 -0.00 10,100
09/27/01 0.08 0.08 0.07 0.08 +0.00 66,000
09/26/01 0.09 0.09 0.07 0.07 -0.01 46,300
09/25/01 0.06 0.09 0.06 0.09 +0.03 129,000
09/24/01 0.04 0.06 0.04 0.06 +0.01 45,000
09/21/01 0.06 0.06 0.04 0.05 +0.01 20,000
09/20/01 0.04 0.04 0.04 0.04 -0.01 1,500
09/19/01 0.04 0.05 0.04 0.05 +0.01 38,500
09/18/01 0.04 0.04 0.04 0.04 -0.03 12,300
09/17/01 0.06 0.09 0.04 0.07 -0.01 28,500
09/10/01 0.09 0.09 0.09 0.09 +0.01 2,000
09/07/01 0.04 0.07 0.04 0.07 +0.02 82,400
09/06/01 0.06 0.07 0.05 0.05 -0.01 45,500
09/05/01 0.06 0.06 0.06 0.06 +0.00 500
09/04/01 0.06 0.06 0.06 0.06 -0.01 3,400
GTCI open high low close change volume
08/31/01 0.06 0.07 0.06 0.07 +0.02 7,000
08/30/01 0.06 0.06 0.06 0.06 -0.00 7,500
08/29/01 0.06 0.07 0.06 0.06 -0.01 51,500
08/28/01 0.06 0.07 0.06 0.07 +0.07 1,100
08/27/01 0.00 0.09 0.07 0.00 -0.08 0
08/24/01 0.06 0.09 0.06 0.08 -0.01 24,100
08/23/01 0.08 0.09 0.08 0.09 +0.01 22,700
08/22/01 0.07 0.08 0.06 0.07 +0.00 30,000
08/21/01 0.07 0.07 0.07 0.07 -0.01 5,000
08/20/01 0.07 0.08 0.07 0.08 -0.01 15,500
08/17/01 0.08 0.09 0.08 0.09 +0.09 27,000
08/16/01 0.00 0.10 0.08 0.00 -0.10 0
08/15/01 0.07 0.10 0.07 0.10 +0.01 52,600
08/14/01 0.07 0.09 0.07 0.09 +0.02 82,000
08/13/01 0.07 0.07 0.07 0.07 -0.01 42,000
08/10/01 0.07 0.08 0.07 0.07 -0.00 201,900
08/09/01 0.07 0.07 0.07 0.07 +0.07 1,500
08/08/01 0.00 0.09 0.07 0.00 -0.08 0
08/07/01 0.09 0.09 0.08 0.08 -0.01 35,000
08/06/01 0.09 0.09 0.09 0.09 -0.01 21,200
08/03/01 0.10 0.11 0.10 0.10 -0.02 30,000
08/02/01 0.11 0.12 0.09 0.12 +0.02 17,600
08/01/01 0.09 0.10 0.08 0.10 +0.03 65,500
GTCI open high low close change volume
07/31/01 0.08 0.08 0.07 0.07 -0.02 26,000
07/30/01 0.09 0.10 0.08 0.10 +0.01 66,000
07/27/01 0.09 0.09 0.09 0.09 -0.01 85,000
07/26/01 0.08 0.10 0.08 0.10 -0.01 192,500
07/25/01 0.08 0.10 0.08 0.10 +0.00 8,000
07/24/01 0.10 0.10 0.10 0.10 +0.01 5,000
07/23/01 0.10 0.10 0.09 0.09 -0.02 5,300
07/20/01 0.08 0.11 0.07 0.11 +0.01 288,500
07/19/01 0.07 0.10 0.05 0.10 +0.00 190,500
07/18/01 0.09 0.11 0.08 0.10 +0.01 41,500
07/17/01 0.10 0.10 0.10 0.10 -0.01 45,000
07/16/01 0.12 0.12 0.09 0.10 -0.03 144,000
07/13/01 0.11 0.14 0.11 0.13 +0.02 38,000
07/12/01 0.11 0.11 0.10 0.11 +0.01 117,100
07/11/01 0.09 0.11 0.09 0.11 -0.01 12,700
07/10/01 0.11 0.12 0.09 0.11 +0.01 254,000
07/09/01 0.10 0.12 0.10 0.10 -0.02 41,000
07/06/01 0.12 0.12 0.12 0.12 +0.01 11,000
07/05/01 0.10 0.12 0.10 0.11 -0.01 43,000
07/03/01 0.12 0.12 0.12 0.12 +0.12 3,000
07/02/01 0.00 0.12 0.10 0.00 -0.12 0
06/29/01 0.12 0.12 0.12 0.12 +0.01 5,000
06/28/01 0.11 0.13 0.11 0.11 -0.01 25,200
GTCI open high low close change volume
06/27/01 0.11 0.14 0.11 0.11 -0.04 45,000
06/26/01 0.15 0.15 0.12 0.15 +0.04 7,500
06/25/01 0.13 0.13 0.11 0.11 -0.02 14,400
06/22/01 0.11 0.13 0.11 0.13 +0.01 13,200
06/21/01 0.12 0.12 0.12 0.12 +0.01 21,000
06/20/01 0.11 0.12 0.10 0.11 -0.02 156,000
06/19/01 0.13 0.14 0.13 0.13 +0.00 20,200
06/18/01 0.13 0.15 0.13 0.13 +0.00 134,400
06/15/01 0.14 0.15 0.13 0.13 -0.02 20,500
06/14/01 0.17 0.17 0.13 0.15 +0.02 17,000
06/13/01 0.17 0.17 0.13 0.13 -0.04 74,000
06/12/01 0.17 0.17 0.15 0.17 +0.00 9,600
06/11/01 0.15 0.17 0.15 0.17 +0.02 38,000
06/08/01 0.12 0.15 0.10 0.15 +0.00 37,900
06/07/01 0.10 0.15 0.10 0.15 +0.05 6,100
06/06/01 0.15 0.15 0.10 0.10 -0.01 2,000
06/05/01 0.11 0.11 0.11 0.11 +0.11 7,100
06/04/01 0.00 0.16 0.11 0.00 +0.00 0
06/01/01 0.00 0.16 0.11 0.00 -0.10 0
05/31/01 0.16 0.16 0.10 0.10 -0.04 10,500
05/30/01 0.14 0.14 0.14 0.14 +0.04 25,000
05/29/01 0.14 0.14 0.10 0.10 -0.04 17,700
05/25/01 0.14 0.14 0.10 0.14 +0.14 27,000
imho, Jerome