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Peeb

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Peeb

Re: None

Friday, 04/27/2007 1:00:16 PM

Friday, April 27, 2007 1:00:16 PM

Post# of 157299
From the globetelWireless website:

"In situations where our partners are providing the capital to build out these networks, we will plan to collect 50% of the revenues and profits.
In situations where Globetel provides the capital, we will structure such deals such that we will collect 75% of revenues until our capital investment is paid, with the relationship then becoming a 50-50 partnership moving forward."

"where Globetel provides the capital'????

Hence the sale of Centerline...to provide working capital. IMO

"No problem can be solved from the same level of consciousness that created it".---Albert Einstein

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