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siriuslyricher

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siriuslyricher

Re: Destan post# 99489

Wednesday, 02/20/2008 9:08:49 AM

Wednesday, February 20, 2008 9:08:49 AM

Post# of 157300
I believe that Mide misquoted Jon's words (not on purpose, of course). The exact words in the news release re the second phase of the TAO/Sanswire agreement were as follows:

FT. LAUDERDALE, Fla. and STUTTGART, Germany, Nov. 27 /PRNewswire/ -- GlobeTel Communications Corp. (Pink Sheets: GTEM) and TAO Technologies GmbH today announced that, pursuant to their previously announced agreement in principle, TAO has agreed to convey to GlobeTel, within 10 days, certain licenses and sales rights to its lighter-than-air, remotely operated airships for a combination of cash and GlobeTel shares. The second phase of the transaction, which will include the formation of Sanswire-TAO GmbH as previously contemplated, is expected to occur within ninety days.

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