well, maybe Roc's post here answers my ? Perhaps GTE BOD business acumen TOO GOOD on orig deal. Whatever. Who knows what is up anymore: Subject: Cab Posted By: Rocky1 Date/Time: 03/14/2006 10:31 AM CST Message #: 505 of 505
IMO, long delays as we have had are usually not a good sign. I believe the road has been paved for either a default or renegotiating the contract. It was stated here on several occasions the details posted in the 8K were very much in GTE's favor which seemed odd given the amount of dollars involved. Now that the banks are involved "regarding a funding commitment secured by Internafta's assets" those terms won't fly. I hope they prove me wrong on that.
Whether the deal falls apart entirely or is negotiated with different terms, it is time to regroup and gear into other wireless areas and complete a job...thanks
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