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Post# of 157299
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jpharrah

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jpharrah

Re: risk_it_us post# 107323

Monday, 08/18/2008 10:17:27 PM

Monday, August 18, 2008 10:17:27 PM

Post# of 157299
I should have just spelled it out...

instead of posting the dots. I'll try again...

The company wanted us to know about the possibility of "good" news as a result of a settlement meeting with the SEC. The meeting came and went and there was "NO" good news reported. This can only mean the SEC wasn't buying what GlobeTel was trying to sell...

In fact the meeting may gone so poorly...

The company sees no need to file any more financials.

I realize the SEC would not tell them not to file, but their actions may have been such that the company no longer sees any reason to.
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