The reason for the PR was IMO to tell us that the financial updates are planned to be be done by end of March, and to confirm without saying directly what many of us concluded from the SEC vs Joe lawsuit yesterday - that there are no more SEC issues for Globetel.
I see yesterday's SEC statement combined with today's PR as the most important 2 days for the company since we left the AMEX.
I feel there has been good cooperation from Globetel with the SEC throughout the process, evidenced by removing anyone that contributed to questionable business practice, from Tim and Joe, and possibly the reason for Khoury's departure.
I know that a few posters feel that Jon L. is questionable in this regard, but I see these last 2 days as a statment from the SEC and Globetel that any major issues are resolved, and it is now a matter of a couple months before the company is financially current, in good standing, and ready for outside funding to expedite its product development.
If I didn't already use up all available funds at previously higher prices, I would buy more - maybe I will buy some anyway.
This is the time to buy - the message is there.
All IMO.
Bill
