Replies to post #2629 on Globalnet (fka GLBT)

[calitrader]

To tell you the truth the Company GLBT in this case seems to have the investors AJW by the gonads.

Its seems that AJW had no idea that they would be funding this long. Those 4.99% conversion caps will help us if/when we get a run and will make AJW have to be very patient to receive funds in the future imo. I would think once audit is done that the idea is to pay off AJW with new long term funding options that will become available at that point.

I think with the ruling today and the contract stipulations about the 4.99% conversion caps that AJW might just be scratching thier head.

Now as far as the NSS position in GLBT if the company does not capitalize real soon on it and do something about it that the SEC will pursue the 10-12 complaints recently filed by some of us here on the board with new ammo from the GRANDFATHER CLAUSE being lifted.

BTW I got America at night today I will start reading it this weekend.