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siriuslyricher

04/27/07 1:34 PM

#73498 RE: JimProfit #73496

Jim, there are many reasons Germany was not a good fit: licensing issues, lack of an established German partner, etc. It's over. If you are still invested in GTEM, please discuss the present and future because the German wireless project is history. If you are not still invested in GTEM, you have pretty much exhausted the German topic here.
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eqbeck

04/27/07 1:37 PM

#73500 RE: JimProfit #73496

That's news to me...when? how much? and has Deutshland property not appreciated the way U.S assets have in recent years?

I don't speculate in florida or california so my real estate is still appreciating.
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tradeforyourlife

04/27/07 1:39 PM

#73502 RE: JimProfit #73496

>>now it will probably be sold for a lot less, and shareholders paid again the bill...

That's the name of the GTEM game Jim. Keep in mind that Uli got all the cash from that inflated sale price to begin with, and I wouldn't be surprised if he stepped in a bought the property back from GTEM. Of course as a 'favor' to the company.

Interesting how this also happened with MagicMoney...shareholder equity sales paid for the hard asset of the switch and then it was sold for nothing to another entity with all the same ol' players.

"Fool me once, shame on you; fool me twice...and i'll put in orders to buy more shares."