Do you not realize how misleading this is?
<<<Believe they will as a debt free company, with two profitable divisions, or won't.>>>
Lockheed has 4.8 BILLION in debt, Raytheon 4 BILLION, General Electric 394 BILLION, IBM 21 BILLION etc... Banks/lenders are happy to loan them money because they are impressed with their business model and confident in their future. These companies borrow money because it enables them to be even more profitable with additional capital, above the cost of the money. They are not "forced" to keep going back to shareholders and dilute their shares because they have the credibility to borrow money and actually make more with it. I only know of one time banks/advisors etc... looked at GlobeTel in relation to financing and the deal was cancelled. Face it, the reason GlobeTel is "debt free" is because they don't have the options that other(profitable) companies do. Banks and other lenders are not anxious to loan money to a company that has lost 50 million dollars, 80% of its value, has been accused of fraud and is heading for delisting.
When you said "with two profitable divisions" did you mean "gross" profit because GTE or any of its divisions is not "profitable" by the common usage of the term. Word games can be very misleading. I have recently seen GTE use the term "operational" profit. The investment community knows what "REAL PROFIT" is and so do banks.
AI
