Tim will never again be CEO of Globetel. That job was wrested away from him. Huff owns more than 6M shares of GTEM worth somewhere near $1.5M. To say that a CEO has not only been removed as such but no longer has a seat on the BoD....BUT has accepted a much lesser position as some kind of technical manager or whatever is nothing more than a ploy to cushion the fact that he was totally demoted.
I have a $100 bill that says Huff doesn't even have an office at 9050 Pembroke Pines. He has probably remained at home these past several days lamenting over his personal bad luck.
GTEM had the greatest opportunity to pull out of this nosedive with a Strat updadate....yet nothing happened. They are now more than 2-1/2 months past due. At the same time, the GTEM hard loyal following are making suppositions that the Strat is undergoing "secret" tests. They are deluding themselves into some kind of state of well being. Nothing could be farther from the truth. GTEM is now in a state of flux.
No Strat updates, Bleckman not answering his phone, Huff demoted, two other board members resign, pending class action lawsuits....you tell me that everything is unkeedoree and I'll tell you that you are full of canal water.
No man should be considered totally useless....because he can always serve as a bad example.
