Replies to post #52 on Sinobull Financial Group (fka GTCI)

[myDDdotcom]

GTCI Receives Shareholder Approval to Complete Merger With Sinobull

VANCOUVER, British Columbia, Dec 17, 2001 (BUSINESS WIRE) -- Global Telephone
Communication, Inc. (OTCBB:GTCI) is pleased to announce that the shareholders
have passed all resolutions at the special meeting of the shareholders held on
December 14, 2001.

The Company received over 17,919,341 votes from shareholders, representing 57.9%
of the total shares outstanding, in favor of the merger with Sinobull Financial
Group. The merger is anticipated to close on January 15, 2002.

"GTCI has been given a tremendous opportunity to merge with an established
company with a proven track record and an exciting growth potential which will
result in a new era of generating increasing valuation for GTCI`s shareholders."


About Sinobull Financial Group

The Sinobull Group has been in business for sixteen years and is a leading
financial content provider, develops technologically advanced financial services
platforms and operates a financial internet portal. The Sinobull Financial Group
provides; news, data, financial analysis, real-time pricing, historical pricing,
indicative data, and wireless communications technology to the Greater China
business community and media outlets. Providing financial services for; China's
investment institutions, commercial banks, government offices and agencies,
corporations, and news/media organizations.

This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and section 21E of the Securities and
Exchange Act of 1934 and is subject to safe harbor created by these sections.
Actual results, performance or achievements could differ materially from those
anticipated in such forward-looking statements, which involve numerous risks and
uncertainties, including the Company's ability to market its goods and services
and future customer acceptance for these goods and services.


CONTACT: For Global Telephone Communication, Inc.
Shadi Khazei, 877/901-4824


imho, Jerome