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Re: Scion_of_Greed post# 101323

Monday, 04/07/2008 9:09:24 PM

Monday, April 07, 2008 9:09:24 PM

Post# of 157299
I have been looking for that report. Thanks.
My thinking is Kosko/Caterham isn't worried about that money invested in Globetel. They most likely have the controlling interest in the Stored Value Card aka Gotham Financial, Huff's Network 1 Communications and possibly Uli's Hotzone.
Kosko/Caterham has been providing money to Globetel to keep the doors open and his payback will be 50+% ownership of Globetel after filings are done or another creative arrangement. This would make Kosko/Caterham first on the list of creditors to be paid and a good way to get the 4 million from the Stored Value Card sale. Every other creditor in line get nothing. Why else aren't the bills being paid?

Caterham made all the money by shorting the stock and if Globetel goes under it never has to be reported because thier position was never closed out.
I think the Polish Sausage is the swindler who has prepared for this in the last year and half. One of these days these companies will all come together again under other names and possibly in other countries.

IMO of course time will tell...

"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."

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