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Re: craigba post# 24558

Monday, 05/01/2006 9:52:53 AM

Monday, May 01, 2006 9:52:53 AM

Post# of 157299
Wonder what the other entity is?

At this stage, therefore, GlobeTel feels it has pursued every possible avenue to assist Internafta in curing its default. Thus, it elected last week to formally conclude further efforts to salvage the Internafta transaction and to open itself up to new negotiations with other significant parties in Russia, including an important entity that has approached GlobeTel, regarding a wireless network installation in Russia.

Wind

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