DetTiger...<The best thing GTEM has going for it is the law firm they use? >
No. Actually there are several things ignored here by others.
1. Besides having a NY law firm with extensive credentials with the SEC helping them through this morass and apparently being paid, as they are still advising as far as I know as I type this.
2. They closed a deal with Tao to license to sell their technology across a spectrum of countries exclusively, that involved a transfer of cash and stock to complete.
3. They still occupy and have paid up rent on their leased office complex.
4. They still have 7 employees...and it's been 4-5 months now.
5. They still, as a PINK, are doing the rare thing of actually employing a PR person...very rare.
6. The phones still answer and the emails get responses.
7. They keep us modestly updated through PRs as to progress.
8. They have filed 2004 and 2005 financial updates, so I have to believe Dohan and Weinberg got paid for this task.
Yes...I understand there are a ton of unanswered issues not as yet addressed..clearly.
But the one that keeps getting addressed by inference is they do not seem to have a problem paying current receivables as yet.
m
Before dawn there is darkness.
