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Risk...what's the GTEM.PK headcount down to these days? I'm betting less than 10. JMHO
Risk...I'm quite sure Lexington is holding their hand out too.
"This transaction will provide us with the ability to realize future revenue of up to $4,000,000 from Gotham's operation of the platform." Quote from Mssr. Khoury regarding Magic Money.
Well...it's the future and we could sure use da money!!!
Cole...Upper Management as opposed to mid-management has (according to Mide) "secured all of its proprietary assets of note." Therefore, outside vendors / stakeholders can go pound salt while the common shareholders move to easy street.
Yes it does appear somebody is dumping!!
Risk...under normal circumstances I would agree with your analysis...but you're forgetting the T E A M I N G Agreement!!!
Better yet JustFrank...why doesn't GTEM.PK post a bit more about the Big Man in the corner office...other than cum laude from U. of Miami...and private practice.....what experience does he have running a paradigm shifting, wave of the future SuperHub??? But as we can see...lots!!!
"This is a big deal"
I guess "big" is a relative term Sir Mide.
Explain to me just who in their right mind is going to lend GTEM.PK money??? Run a D&B on them....they don't pay their bills Mide and that has nothing to due with releasing financial re-statements and past due financials...it has everything to do with massive negative cash flow.
The Dynamic Duo will finish the bleed and disappear. In fact, Kostro already has....just when was the last time this international IBer extradonaire paid a visit to the USA???
TIA
"They should have hired people/companies that design airships for a living"
Yes you're right....but one small problem...that would have come at considerable expense and you have to remember this was and is a penny stock that merely promoted an airship.
There is no spoon.
"The company has secured all of its proprietary assets of note."
Mide, still seeking a response to your above comment.
In what way and by what means have they securitized the assets of the common shareholders?
TIA
Mide, Second Request Por Favor:
Recently in one of your posts - based upon lengthy discussions with IR you wrote,
"The company has secured all of its proprietary assets of note."
Please enlighten all of us.
Gracias in Advance
I have a Centerline question.
Tim Huff was the L.D. guru....the pride of St. Louis Community College did in fact work @ MCI and presumably had a basic understanding of international L.D. resale. It would seem Mickey Mouse enough to me that he would grasp the elementary accounting distinctions of agent resale revenue . Did he not read the financial statements before signing off???
Throw Joe under the bus all you want...but the buck stopped with Timothy. And that's the bottom line.
p.s. I know Nerd will give him a free pass based on the 3rd rate auditors they engaged....but this was his area of expertise...or so he claims...but again.....
What does anyone really know about Timmy Huff?
Crash allow me to make a positive suggestion
I agree with your website analysis of Joe's site...simple and of poor design. It does however provide Joe a forum to make his case (right or wrong).
Perhaps you could do the same? I'm sure you have all the emails and various sundrie documentation to refute EVIL JOE.
You know all the wonderful GTEM.PK success stories and have all the financial info to back it up...so quit whining and start web site creating!!
Go Get'em boy!!!
Rhaps...in all due respect...your 200K investment ain't looking so good. Perhaps your ire is misplaced seeing that the very people who got you here have been deposed / resigned / and best of all promoted.
Aren't they suppose to be looking out for you???
BOL
Cole...even though the wheels have completely come off...they could come back on at any minute. It's an obvious case of corporate sabotage. K&L are here for the common shareholder...conserving cash (note the severance to Khoury was only in the hundreds of thousands) and increase shareholder value...teaming agreement...teaming agreement. Get it? Got it? Good.
Anyone have a date for the next Strat flight???
TIA
Agreed Mide...I wouldn't underestimate the legal aspects @ stake.
Mide...ever stopped to consider what a nasty "Black Eye" this GTEM.PK fiasco is to Dohan???
I'm quite sure the SEC has stopped by for a cup of tea or two...but ah yes...the restatements...while your logic prevails...it's about the M O N E Y...always the dirty little secret in this thing called business.
JustFrank...speaking of Magic Money ...the former left hand spoke of the Superhub...have the new owners dished out any love to the streamlined GTEM.PK common shareholders???? Or is this just another VOZBrazil / Anywhere Caller gone bad????
TIA
Cole...thoughts on how they will compensate Dohan??? Perhaps some stock? Always a grand way to retain good help @ GTEM.PK.
Mide, in your always humble opinion...was the resignation of Khoury related to our distinguished BOD's ongoing efforts to conserve cash and simultaneously raise shareholder value???
TIA
Why this opportunist should be rewarded is beyond me...but hey...that's just me. I'm sure the Dynamic Duo...aka the GTEM.PK BOD knows best!!!
Nerd....how do you feel about Khoury's sweetheart deal?
TIA
What's new in the JDZ? Not the riverboat gambling board moderator's beloved ERHE which continues to wallow in the mud.
Where is the $125,000 outcry??? If Khoury did in fact resign as stated in the 8-K...why should he be able to dip his hand in the cookie jar? Other than contribute to the share price total meltdown...how has he increased shareholder value???
TIA
Posted by: mide
In reply to: hogman_5 who wrote msg# 87134
Date:9/10/2007 10:55:36 AM
Post #of 87382
They also appear to be closer to funding.
It all must happen soon.
m
Cole...I'm still waiting for Mide to respond as to what evidence he can provide that GTEM.PK is moving closer to obtaining financing.
I certainly haven't seen anything in the PRs that would lead one to this conclusion.
"They also appear to be closer to funding"
Mide, what evidence do you have to support this?
TIA
"when Huff took his invention and started moving it at hyper speed"
Excuse me??? Did I miss the successful untethered Strat flight PR???
"Uli sold the technology to us" Do you have a receipt stating "paid in full"???
Just Frank...why do you think GTEM.PK's insurance company caved on the class action?
TIA
Nerd, what if Khoury did resign a week ago and GTEM.PK has failed to report this material event?
I suppose at this point does it really matter? The SEC investigation appears far from over, and my total meltdown prediction very much alive and kicking...only 9.5 cents left to go....
BOL
Cole...there's lots to like about GTEM.PK @ .095....for starters it's worth more than it will be by the close of next week.
Yes...if they jump through the flaming hoops you're holding up...I would backoff from scam to merely "overly promotional".
Copain....don't you get it???? If Kostro dumps his shares...it will free up enormous piles of cash to loan GTEM.PK. The persistant drop in share price is actually quite bullish.
"slashing throats to get to the network and the technology"
Nerd...give it up and get with the program:
http://www.businessweek.com/magazine/content/07_36/b4048401.htm?chan=top+news_top+news+index_technol...
Mide / Nerd...assuming the Khoury Resignation is for real...what a shrewd move by the Dynamic Duo...talk about conserving cash....now are two remaining superheroes can focus on increasing shareholder value!
Mide...I think we can assume that Elisra isn't buying too much GTEM.PK common.
"is my investment in trouble here!"
Nope, not at all, just a normal cycle for an extremely well managed organization.
Not an option Vern....even mothballing requires money
Right, right Mide....you've told us before; the directors didn't quit...it was a strategic effort to conserve cash & increase shareholder value.
ps....before you throw Vern & Joe under the bus remember that Joe could provide valuable 411 in a class action. But you already knew that.