"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."
Huff had better be VERY careful about this statement. Unless he has irrefutable proof of the comprehensive transactions with Internafta, a statement like this, without appropriate back up, will sink this company and land Huff in jail.
I hope they have their ducks in a row.
