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Re: justfrank post# 98514

Wednesday, 01/30/2008 9:45:59 AM

Wednesday, January 30, 2008 9:45:59 AM

Post# of 157300
Frank, how do you look at that news release? I was under the impression (with many others I think) that GTEM had already been working on the 2006 and 2007 financials for months....ever since the 2005 financials were published.

This line:

"GlobeTel Communications Corp. (Pink Sheets:GTEM) today announced that it is preparing its financial statements for the years ended December 31, 2006 and 2007. The Company's auditors have begun the audit process and will be conducting fieldwork in the Company's offices in February."

certainly doesn't support that belief.

Were you aware that they hadn't started the audit process of those years until recently (as apparent from the wording of this news release)?

I keep telling myself....deep breath....count to ten....try to answer without personal attack...present fact to back up your opinion.

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