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Re: nikos60 post# 44919

Monday, 10/09/2006 9:48:04 AM

Monday, October 09, 2006 9:48:04 AM

Post# of 157299
They don't necessarily have to be believed. Both actions would save the company millions of precious cash as GTE has always been cash poor. GTE has traditionally used shares to pay vendors. At these prices I think a PIPE or paying vendors with shares would be disastrous and if it came down to it, I would only do enough to get the strat airborn and then seel ti off to someone. Let's face it, the manipulators have exploited the mistakes of Huff and the BOD to an almost checkmate situation by naked shorting the stock and all the basher press. The decreasing share price imo has put GTE in a desperate cash situation so short of a large cash in hand wireless deal, I think the actions I previously mentioned by Huff and Dumas should be the only acceptable ways to raise cash to pay for the legal and accounting problems that they created IMO. Accepting responsability and stepping up to the plate would go along way IMO for investor confidence and bolstering the stock price.
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