Globalmedia.com (fka GLMC)

[Bernard Ng]

Yeah, it's viable... but we are not the management...

If they do announce the financing, maybe the price will shoot up instantly... it really depends on how much money will they get. If the next round can only last for another month... then it doesn't look good.

Assume they can last for another 6 months, then I believe the price will shoot up... then follow by reverse split, they can still stay in the NAZ.

I don't see why they will do a share buy back.. because they don't have much money left... by doing a share buy back and not selling the shares back... they can't make money by doing so... the float is ok for a NAZ company.

Now, the financing is really depends on their plan on how to make GLMC become profitable ASAP. I think the amount of financing will reflect the quality of their restructure plan. They really need a good plan, or maybe they can sell part of the business... I don't know... but that's how I view this company. They want to last long, they need a good plan to reconstruct. Getting the financing is the first step, if they can't do an efficient job to cut the loss... then the price will come back down. It's better for them to tell the share holders in a PR about how they will be profitable within a certain time frame... and of course, make it happen!

JMHO of course.

signed,
Bernard