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Re: justfrank post# 105806

Tuesday, 07/08/2008 8:32:49 PM

Tuesday, July 08, 2008 8:32:49 PM

Post# of 157299
It is one thing when a company says they are taking a product to market, people invest, and the product fails in the marketplace. That is my idea of downside risk.

You seem to imply that it was simply a matter of market timing. If that were all this is about you would be right. However, we are talking about fraud here. Lies and deceit do not add up to the kind of downside risk that this company advertised to the speculatively investing public, nor is what they signed up for.

I mean did they say, invest in Centerline, we forge receipts to show false revenues? No. So if the same kind of thing is continuing at this time are they going to advertise it? No, not imo.

I do not trust people who speak of Globetel as though it were simply a speculative investment and prefer not make reference to its history of fraud and deception, as documented by the SEC in detail. That kind of an attitude is suspect in and of itself, imo.
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