I would be nervous about shareholder lawsuits, Huff should have issued a release saying that the unveiling would not be as previous announced, a teathered ship, hell it's just a frame as far as I can see... Since these guys have nothing, shareholder lawsuits would send this Co into the ground. JMO...
What did Huff have to gain? A lot if he was selling stock before the announcement... Ah, the life and times of BB stocks.
How many BB stocks have made it to the big boards? How many BB stocks are there? Find these two answers, divide the number of BB stocks by the number that have made it to the big board and there are your odds...
BTW for the record, I do not have or have ever had a position in GTEL long or short.