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really how u figure that?.....given that they are reporting and will soon be caught up.....give me ONE reason that the SEC will revoke the shares.....clearly they feel joe and luis are the bad guys here......who else is the SEC suing?......why u guys make these post knowing full well that there is NO reason for the SEC to revoke the shares once they current is beyond me?
i always like your post....very funny....tho i don't think most get it.....anyway u asked....who, new, is coming IN to the stadium ???.......well i think u should know......lets see its the end of game right.....well the trashboys are coming IN.....to clean the mess up.LOL
the real question might be......will anyone come to next weeks game after their team just got pummeled 50 to zip......it gets kinda tough to sell tickets when the team keeps stink'n the joint up.......its amazing how wins will put butts in the seats......so can GTEM put some wins on the board?.....if so all will be forgiven....in time.
any funding of note needs to be 8k'd....just cuz the deal is closed does not mean they other side has been paid......GTEM does after all still have that 500k coming to it.....clearly the good doc can read that......i have no idea how far that 500k will go and how much more they will need......that really is the big question......but as far as i can see it should be quite reasonable......iow i don't see any massive dilution coming.....i suppose the real news of note here is what appears to be a sense of urgency....does GTEM already have a buyer?......don't really know.....but atleast its getting things done....so i will hang around and see what happens......no risk.....no reward.LOL
u can read it as they have 8k costumers......or more to the point 8k homes......clearly more than one person usually lives in a home......the past PRs had way more coverage than 8k.....so unless they have scaled the network down.....it covers way more the 8k homes and that should be read as costumers.....but than that is an assumption.......just pointing out its NOT a fact...someone can call rob and ask......personally i don't think its a big deal......more concerned about it still having troubles.....iow is it NOT being marketed right....or does it cost too much......or is there a problem with the gear and GTEM not telling us.....given the fact the P's are now running it.....would seem to mean the problem is at their end.....NOT GTEM.
u do understand that u buy options at the strike price......so management will often wait to after an event to happen before they buy them.....if they do it before and something goes wrong they can be out real money......iow since they all thought russian deal was going to happen.....they waited.....since it never happened they didn't lose any real money.....and once the deal died the options were underwater....thus its pointless to buy them now.....its one of the reasons i was holding thro that time....if management and cashed out their options(or sold their shares) in between the time the deal was announced and the time the deal died.....i would have left to.....that is NEVER a good sign when management does that......but they never sold.......they had orders in to sell......must have been above $4.....iow if the deal did happen i think u would have seen a bunch of sells....but it didn't......so they lost their options....and the value of the shares they owned got whacked just like everybody elses......but they would have lost even more had they actually bought the options......they risked nothing by waiting....they would have risked the purchase price if they bought them......now u understand why they didn't buy....and then they never had the opp after that.
well a smart man goes back and actually reads the stuff.....since there is NO mention of the new space in the past K's......it thus must be new.....so mide is right its a typo.....its funny cuz u can read it both ways......however note its says base rent in that line......in the prop line it says 6,500k for rent and services.....so that is what GTEM is paying......i would assume there is more space on the floor and if GTEM needs it.....they can use it.....but the rent goes up.....so 6,500 is NOT all rent....some of that is services......iow common reception area.....i would assume the landlord provides the receptionist.....this would explain the 7 employees.....they are all upper management......no low level employees at GTEM any more.
well thats great.....then whats the rent.....13k plus services....or 6.5k including services.....while your at it why don't u ask about the costumers for the JV then too......my guess is rob didn't not read that right either.....unless u think they lying about what the current rent is....cuz if its 13k plus....then page 13 is a huge error...and its in both reports....and they WILL need to amend them both to fix that.
oh i think i should clear this up......it appears there are 2 problems.....one some revs were faked and others were miss applied.....iow they should NOT have been reported......as u can see GTEM restated 71 mil......in the case against joe the SEC says 64 mil was faked for 05(page 17)......so for 05 GTEM overstated 7 mil of the 81 mil....or about 10%.....iow NOT a huge egregious mistake.....joe faked 64 mil of the 81 mil.......oh can u say pokey.LOL.....does everyone now understand what went on......GTEM orginally was looking at restating about 10% of the revs and all the intangibles(9mil).....NOT a huge deal.....not good but clearly NOT a huge crime........only later did they find out(my guess is feb when the BOD quit) joe was faking revs.....only a little bit before joe was fired did they KNOW how much the total was.
actually mide it is correct.....that was at the time of 05....it was leasing that space then....it was NOT the corp office it was the pines addy.....on page 13 it clearly notes the NEW rent(including services) is $6,500 for the corp office.....so in reallity GTEM did NOT really move into the new place....they have always been there.......they just moved the corp office to there when they quit paying at the pines......iow its pretty much like i said......they quit paying at the pines cuz they no longer needed it and they wouldn't let them out of their lease....can't really blame the landlord in this case as GTEM did rent new space and the landlord did sink money into it for GTEM.....so they quit paying and let the court decide what a fair exit price is.....sort of the same thing the did with LAWA....not like they didn't know they were moving to germany.....they just jerked LAWA around.....hey when times are tight u gotta do what u gotta do.
the question is quite moot.....they never exercised their options....nor did they sell their shares.....look up the 4's.....say what u will about management......they did go down with the ship....i highly doubt those options will ever be in the money.....and they do have a time limit....its just not gonna happen.
no the key word would be "solar-powered, autonomously-controlled airship"....and why would i want to limit my search to utube.....google it.......post the links.TIA
well thats the warmest u got so far.....so lets se V8 engine.....170 ft prototype...just tested.....vs solar powered......51 ft......SAS-51 is the first Sanswire.branded product ready for commercialization......NON-prototype.....The compact SAS-51 solar powered ship can be rapidly deployed on missions within hours, utilizing a mobilized hangar attached to a delivery vehicle......my guess it cost less than the 4 mil blackwater one......however i suspect they will both have their uses.......btw max height is a function of size....speed is a function of prop speed....or motor power......iow i see no reason why sanswire couldn't make a SAS-170......one more thing the SAS-51 weiths 220 lbs.....clearly a V8 alone weighs way more than that.....really cole i think your post shows that there is a MARKET.....not that there is ONLY one airship for that market.
i asked before and am stil waiting....cole what happened u give up......find me one airship that is solar-powered, autonomously-controlled....at any price.....i mean after all this is 1000's of yrs old right......there are 100's already being made right.....well......how come u having such trouble finding just one?......might it be cuz there is only one...and it belongs to GTEM.....well u guys let me know when u come up with the competition.TIA.
technically speaking only the jury of 12 are to assume u are innocent until proven guilty.....i can make up my own mind by looking at the facts.....if something new comes out at trial i might change my mind......but i'm willing to bet most think joe is very guilty.....iow its just a matter of time....not a question of if.....there has to be some evidence in the SEC favor to even bring it to trial....and besides if u read joes site u already know he is guilty......he said those were real revs...and that it was the accountants that screwed it up....well joe the accountants did screw it up.....but only cuz u gave them false docs.....joes site will convict him......really whats joe excuse now....the copier run amuck.....he provided the docs.....clearly he is the one who falsified them....end of story....period.
i have explained this repeatedly.....last time its not very complex to understand.....off-net revs was to never generate any profit......they whole point was to use it as a way to group buy minutes.....once a certain level is attained a price break kicks in and thats were the profits kick in.....iow centerline was buying minutes for other telecos.....they never received the money.....they invoices were billed by GTEM but the money went direct to the vendor....kinda like how no mas paid joe directly even tho they were billed by GTEM....so only when that level of revs was attained did GTEM expect to see any money....if u remember that was Q2 2006.....i think joe used the excuse that they had to buy new billing software so that ate up the profits that Q......by the next Q the gig was up.....this all started cuz GTEM was NOT supposed to book the off-net revs......joe was promoted to COO....and was going to be CEO.....this was at the begining just considered an accounting error...u can clear someone of that....it can be an honest mistake....forging docs is NOT clearable and is FRAUD.....iow GTEM would just restate the revs....and there was the problem with the intangibles that would also need to be restated......its very important to note when centerline was closed.....the SEC is not the one that found the fake revs....its was DECARLO....follow the timeline.....and u can see when decarlo figured it out.....mid feb.....thats when everyone bailed......one cuz the company was toast....and 2 they all felt joe should have been fired immediately......GTEM(meaning K's and jon) felt if they fired joe the JV would die with him.....the JV at the time was its only hope for revs...once they figured they were in....after the first board meeting......couple days later decarlo issues his final report to GTEM......thats when GTEM new the extent of the problem.....joe was then fired......the SEC has been waiting for the 04 to be audited so it was offical....now they have a case.....now i have no idea if huff and the CFOs were involved or not.....if they were they were atleast smart enough to keep their finger prints off it.....otherwise their names would be in there with joe and luis.....from reading the sec charges against joe and luis it seems pretty clear it was just them 2 running this scam.....and to a point i agree GTEM shouldn't have been so gullible.....but this was a pretty elaborate scheme.....iow if the SEC holds GTEM to the fire for this......thats kinda like blaming the victim for the crime.....joe raped GTEM.....just cuz its butt was hanging out doesn't mean GTEM deserved it.LOL
my point wasn't that it did NOT have any military apps.....it was that it had more apps then only military....iow there are plenty of apps where no one will be SHOOTING at it.....so to say it does NOT have any apps cuz people will shoot at it.....is totally freaking stupid....and i think everyone knows whom i'm talking about.....SAS-51 has plenty of things it can be used for.....now is it cost effective......no idea......but thats where u put your faith in management......i would assume management has identified markets.....and invented something to fill that market......hopefully they are NOT inventing things and then trying to find a market....but this is GTEM so u never really know......but then thats why its priced the way it is.......GTEM will mostly likely turn around before its price does.....there really is NO hurry to buy.....its just screwed up way too much....that it will NOT pop and stay up on good news.
its not really that ease to hit things up in the air.....really if it was that simple planes would be shot at all the time during take offs and landings.......it really does take a sharp shooter to hit targets over a mile away......most people don't even own the type of gun needed......really u think border patrol is looking for an armored airship......and besides there is plenty of other task it can be used for if they really do need an armored airship.......really how tough can it be to fix the holes in it anyway.......its NOT a ballon its not gonna pop if u hit it.....it will just leak faster.......really where i see something like this coming in real handy is natural disasters....u can view the area much better and it has the coms......think how many problems would have been solved it they had one for the katrina.
maybe they just need to be audited....iow they done.....the sec has seen them but D still doing the audit.....would seem reasonable to me......maybe they will release it all together this time......won't really know until we get there.....but it does seem that for the SEC to file those charges atleast part of the reports had to be done......and we kinda know that u can't do the next one until the preceding one is done.....so i think serious is right on this one....think it took about 2 months for D to audit the 2004's.....so use that as a guide.....iow 2005's end of yr.
and around and around we dance.....point of fact NO where in the PR did it say anything about military apps......try more like border control, pipeline monitoring, crop analysis, emergency communications and geological surveying.....i do NOT think speed is that important there.....cost is......other than border control i highly doubt anybody will be shooting at it.
"How many other companies have tested an autonomous solar powered airship in free flight, at any altitude?"
don't know but i have cole our top investigator working on it.LOL......he seems to be having trouble with the autonomous solar powered part.......u do know what they mean cole?.....ok just checking.....cuz the stuff u posted so far doesn't fit the bill......but hey atleast they're airships......he is in the right ball park.....now all he gotta do is find the right seat.LOL
who's assuming its dead?.....the ones that don't own any shares?......what do i/u care what they think?......they have nothing to gain do u really think they do any REAL DD......of course NOT.....what would possibly motivate them to spend any real time looking into the company.....i'm personally quite happy were the company is right now.....i mean it really really could have been alot worse.....and heck i'm very surprised by sanswire....didn't think it was anywhere near having a commercial product.....guess i should have done better DD.LOL.....speaking of......u guys find that 500k yet....its there for all to read......just over .40/share.....and heck its not so much the money as who it is and what it might imply......anyway like i said if u know.....cool.....please don't post it.....not that it matters but its kinda funny watching the clowns fumble in the dark.....anyway if u still lost.....then i PREFER if u would take a break...or do u PREFER another hint....like this.LOL
thats a good question...i really don't know how that works.....in fairness the SEC should give it back to GTEM minus their cut.....does anybody know how that works?
uh cole.....i guess i shouldn't ask u to do things and then put u on iggy.......but i kinda knew u couldn't answer the question anyway.......i haven't read your post just some of the replies to them.....uh Aeros sells MANED blimps that are NOT solar powered.....u keep looking tho......heres a helpfull hint google "solar-powered, autonomously-controlled airship"....and start with those companies.....that is what GTEM is making and selling.....well ok trying to sell......man might cole actually do some DD......really thanx....saves me the time.
the HORNET HRPV is not solar powered and cost 3 mil.....getting warmer.
uh this is the SAS-51....what makes u think they still using gas bags....it clearly says The SAS-51's pressurized hull is composed of a combination of Tedlar and Mylar that effectively has reduced the helium diffusion rate to one liter per day......thus there is NO gas bags.......the gas bag is the hull......hull sized is fixed.....hull has a max pressure.....meaning it only holds so much H before u blow a hole in it.......the H then leaks out at one liter per day.....so either u add that liter back....or at some point its no longer lighter than air....and will slowly float back down.......really its a mute point anyway......heres the real question.....does it work at nite.....iow does it carry enough battery charge to last thro the nite......if not then it only staying up a day anyway.
oh btw given the max height and weight......u should be able to figure how much helium is needed.....thats how that works right.....or is the max height set by hull pressure....as it raises the outward pressure on the hull will increase cuz the pressure outside the hull decreases....less air.....i know its more important in really high attuides.....but this ship is NOT even going a mile up.TIA
PS running out of post so i'll do this......well no crap sherlock......but when the engines quit running how u steer it at nite......u just hope it don't get windy at nite.LOL.....heck once it runs out of power.....it won't even recieve your commands.
gees....folks......can we stop this silly dancing please.....cole please list the other commercialized solar-powered, autonomously-controlled airships please.....since u think there is millions to chose from......please list the top 3.....now that should put an end to that.......does anybody know of anybody else that has this kind of ship for sale?TIA......i don't know of any and is why i'm asking.....to be honest i didn't really think this sanswire thing was going anywhere soon.....little behind in the DD on this one.
well to be honest.....i don't know all the tech details of the ship.....but sense they gave a specific length.....i would assume it does NOT get bigger.....or length would be variable....iow its NOT a ballon.....more like a blimp....fix sized.....max amount of pressure....and they gave the weight....220 lbs....thus u need to know whats the H pressure of the ship.....notice the term pressurized hull.....i do not believe Tedlar and Mylar expand like rubber.
speaking of crook.....wheres joe?.....i thought for sure he would explain how that civil case was all just a big misunderstanding.LOL.......man i can't believe joe would just leave his minions out in the cold like that.
anybody seen vern.....i think he owes this board a pretty big apology.....i would think ihub would let him post an apology.
its in the 10k......truly unbelievable.....and u were even given the page #......all i can tell u is read it again.....i really have no idea why its not brought up on this board more.....i guess those of us that do real DD are just sick and tired of spoon feeding some people.....the 10k is in english and its black and white.....if i was the only one that had the info i would be more helpfull.......but it appears there is a reason for NOT posting it....i don't know what it is.....but others aren't posting it.....so neither am i.
on the H loss.......little hint....it does NOT need to lose ALL the H.......just enough to no longer be lighter than air...there is NOT enough info to figure it out.....u need to know how much H is in the ship.....size won't help.....its pressurized.
i like the way jon is doing things.....i did want a SH letter laying out the plan......but given how that has gone in the past......screw it......just tell us what u have done jon.....this way there can be NO arguement about it.....whats done is done and is fact.....no guess work needed.
btw on the JV......i would not use the date it started in expecting the #'s........use the date the P's took over......iow the JV is 6 months behind.....and really the P's are the only reason i'm putting more money on GTEM.....tho jon seems to be doing a good job i still really have no faith in this company......but i do have faith in the P's......they really really want a network to take on slim jim......and hotzone seems to be the goods.....we shaw see.....this is still a pretty big gamble stock.....but the odds do seem to be getting better.
PS hint on the 500k.....if i PREFER to give u a hint.....it will be real easy.
PSS note this has nothing to do with the longs.....its that other group of people......i would like to keep them in the dark as much as possible.....so when u figure it out.....please don't post it......let the clueless continue to stumble in the dark.TIA
does anybody remember my detailed story of what happened at GTEM.......must say it looking like i nailed it.....tho joes crime is alot more fraudulent than i thought it would be.....that clearly isn't padding the revs.....that was just flat out making them up.LOL
agreed......GTEMs problem is the booking of the revs....tho if i understand how the CDRs work......GTEM did book it correctly.....it just turns out it was all made up by joe and luis......so GTEM on the hook for not having the right safe guards in place to stop this from happening.....however even the SEC seemed a little shocked at just how well joe ran this scam.....so even tho the SEC may hold GTEM accountable....me personally i give GTEM a pass on that one......the other thing was the intangible accounting......this passed audit muster so once again not really sure how much u can hold GTEM responsible for that......not like this stuff does not happen alot.....let me put it to u this way......i consider all that back dating of options to be far more egregious then what GTEM did.....but joe.....well joe takes the cake......really that was just amazing.
i would also like to point out the the SEC did NOT close down world com nor enron......they went out of biz.....the sec closed down anderson.......tyco is still here cuz the crimes their CEO did did NOT leave the company with mass debt that it couldn't pay off....thats what killed world com and enron....NOT THE SEC......despite joes rather egregious crimes it did NOT leave GTEM with massive debt.......it has less than a mill in the non-payment of bills......this is NOT real debt....it is however a liability that GTEM will need to settle at some point.....iow even at 1 mil and share price at .10.....thats 10 mil shares.....or less than 10% of the company......thats really not good.....but its also clearly NOT a back breaker either......not to mention the company has cash from the centerline switch sale......it has 500k coming in.....i would say its pretty much even at this point......just needs the money for the TAO deal......and then op ex money.....but with only 7 employess and a small office......op ex isn't really that big right now.....so despite all the doom and gloomers.....the company is in pretty good shape from a financial stand point.....i know it may not seemt that way right now.....but once it files those reports....and i'm guessing they pretty close cuz the SEC seems to know what the over states are for all the yrs......they can raise money again by selling shares......my projection is between 150 mil to 170 mil once this is all said and done.
actually there was 2 problems.....the first was accounting.....even if he didn't make the stuff up and it really happened......which btw cole is perfectly legit biz.....it shouldn't have been put on the top rev line.....tho i get the feeling that was joes idea and the company listened to joe.....kinda get the feeling this is what all the tension with D is.....GTEM dropped them cuz they didn't think it should be done that way......so they got new accountants that would do it joes way.....this is the part that GTEM is in trouble for....or more to the point.....huff and the CFO........GTEMs main problem in all this is the lack of over sight.
there seems to be a misunderstanding what the off-net is all about......here is an example......lets say centerline is selling $50 mil in minutes......the next price break is at $100 mil minutes......well u partner up......xyz telecom needs $20 mil mintues......so instead of each buying they partner up.....now centerline buys $70 mil minutes.....no price break so GTEM doesn't expect to make a dime on this.....GTEM orders the minutes....and bills xyz for the $20 mil....however it tells xyz to send the money directly to the vendor......this is done to protect xyz.....if they send the money to centerline.....and centerline doesn't pay the vendor and goes belly up......xyz just got screwed out of 20 mil.....now do u understand why money never hit GTEMs account....its NOT supposed to.....at some point GTEM signs up enough partners to get that price break at $100 mil minutes....this is were the profits finally kick in.....and if u remember they were supposed to happen in Q2 of 06.....instead joe gave some excuse as to why it didn't happen.....something about new billing software......he didn't need to come up with an excuse(well atleast not publicly) for the next Q cuz GTEM never reported after that.....if all joe did was provide fake invoices he would have got busted right from the get go......its the faking of the CDR's that allowed joe to get away with what he did.....now it would appear from the complaint that if GTEM has the CDR than it gets booked.....i assume the CDR shows the minutes going thro the centerline switch.....and this is why GTEM booked it......so it looks like GTEM didn't even really screw up the accounting.....well thats how i understand it....everyone understand now.....the off-net program is NOT the problem.......the problem is the off-net is NOT booked as revs.......unless it goes thro the switch....so joe just made up CDR's showing that.....so GTEM booked it.
the problem was NOT the rev side......GTEM plan was to get revs up......thus the more in bulk minutes they could buy......thats were the profits were to kick.....am i the only that remembers the plan......hence once they achieved a certain rev they started projecting profits......but since joe just made everything up......there was no revs.....iow there was no one to sell the bulk minutes too......really what centerline was trying to do was bulk up so it could get a deal on the minutes and thus sell them back to their partners.....but joe could never get anyone to play along.....so he just made it up so he could get his bonus from GTEM.....GTEM trying to get the revs up is NOT a freaking crime......if the SEC thought it was it would have include everyone involved in getting the revs up.....they didn't cuz that ain't the problem......the problem is joe just made stuff up.....IOW JOE IS A FRAUDSTER PERIOD.....NOT GTEM for trying to get is revs up.
yea crash....there is no other docket for other employees either......seems they went to some trouble to leave huff out of it......he was the only CEO during that time.......at best peter might have been at the tail end......the sec doesn't set up a case so it can ADD people to it later....this is what they going with......this is what the DOJ will go with......if huff and others were involved.......then they got away with it......really u think the SEC has not heard joes side of the story.....u think they have never talked to luis.......u think once the trial starts the SEC is gonna go......oops story joe and luis we didn't know that......i guess it wasn't u guys after all......it was huff and peter and the others.....yea i'm sure thats how its gonna work......funny how when joe goes down some of u just can't accept the fact that u were wrong.
i meant about joe being the guilty one.....believe me i had no idea the depth of that con job.......i did know he was a con man tho.....all u had to do was read his site to figure that out...but really i had no idea that this is what the sec was gonna come up with.....i mean this is true fraud......i mean i thought joe was a weasel liar......man was i way off......his is just a flat out criminal.....and i really do think he has already left....really think about it......his site was NOT about getting GTEM to pay up.......he had to know that they knew.....really look at the time line.....decarlo is the one that found this out.....why do u think he was having such a fit about that.....joes little scam wasn't going to hold up under a magnifying glass......joes site was just to F the shareholders one last time before he leaves the country.....must admit now i totally understand why GTEM didn't want anything to do with joes buddies......gees can u blame them......really i'm so glad G is gone now......doesn't mean G is a criminal......but at this point its better safe than sorry.
how do u know the money wasn't going into the accounts.....joe didn't seem to have a problem with coming up with 125k.....what makes u think he didn't just put the money in.....and then took it right back out to pay the out going invoice.....really u think joe gonna run this scam without moving any money around.....gees even the freaking auditors would have caught that......u cleary do NOT understand the depth of joes con.....really u think the SEC went to all that pain staking trouble with that complaint......and left people off that were involved.....i agree with mide.....i suspect huff and others did get wells......and this is what the sec is saying happened......joe had his chance to point the finger......he passed....to late now.....can't come back and go it was all tim huff.....they just gonna go to late.......u just saying that NOW....we gave u the opp to come clean.....your story didn't hold any water.....u can't change it now......besides your buddy luis is singing a song.....goes something like this.......joe-j......its all joe-j.....ands heres the proof......joe-j.....its all joe-j.....now make him go poof.
lets just say joe is going to have a very merry xmass with the DOJ.LOL.....yea mide i agree.....its all making a ton of sense now.....guess i was wrong about huff......sorry but unless huff is some super evil genius....there is no way he knew about this.....this is NOT simple padding of the revs......this is flat out fraud by joe and luis......i get the feeling GTEM is off the hook here......its a very small company....and now i understand why they so mad at the auditors.....really this scam is way above any small company to catch....heck look at tyco.....that was a simple scam and look how long that went on...and tyco is a huge company with a ton of resources......sorry but this is the auditors job to catch....and to be honest i'll even give them a pass....we all experienced joes conning first hand.....it was first rate.
they only have 7 employees......it won't take up much space.LOL.....now the question is do they get to go home at the end of the day......or do they have to stay in jail with the company.LOL
what part of GTEM does NOT have bank debt do u people not get.....there is NO BK any where now near ......most likely GTEM will NOT even have to pay a fine.....this was a very elaborate scam run by joe and luis......i don't see how GTEM or even the auditors would catch that.....they were faking invoices....and they looked very real.....really what u want companies to do.....call and ckeck every freaking invoice they send out....like i said......joes site was a look into a very good con man......thats all joe is.....a con man......a darn good one.....but not quite good enough to get away with it......just think if the russian deal went thro......nobody would have ever caught on......would have been way to small with a 600 mil deal running thro the company........well this does explain why that certain someone is willing to pay .40 a share.......once this all clears thro......GTEM files.....relist on the OTC.....raise money.....settle the bad debts.......move forward.......now if GTEM becomes a success or not....well thats mostly gonna depend on what happens with the JV.....atleast in the near term.
oh yes when the CEO is the criminal they close down the company......yep no more tyco...closed it right up.....gees get a clue......SEC has named the criminals.....joe and luis....thats it......maybe more will be added.....but i don't see how.....how the heck is huff susposed to know they faking invoices.....even the auditors missed it.
just cuz he has been charge.....doesn't mean he is guilty......its all just a misunderstanding......cuz if u guys want to say joe is guilty.....then GTEM is guilty with their wells.....i know cole like the back of my hand.....ok he wouldn't use all the periods.....but the idea is the same.