InvestorsHub Logo
icon url

mide

01/08/08 3:02 PM

#97695 RE: ColeThornton #97693

Cole...What an amazing public disclosure. This is a keeper...

<Many of us including myself thought Centerline was "all smoke and no gun" to use your words. We pointed to the deplorable margins and said we thought they were merely hyping meaningless revenues in an interprise (sic) that never had a real chance of being profitable. That made those revenues suspect then and even worse now. We had no idea the company was actually (allegedly) faking invoices for revenues that didn't even exist... they were merely "suspect" at that point.>

They were merely suspect?

It is refreshing of you to admit you were/are not alone in your mission.

lol

IMHO..


m





icon url

nerd86

01/08/08 4:10 PM

#97697 RE: ColeThornton #97693

The Centerline story could have been as stated. It wasn't but anyone being in the business could see that what they were stating was possible. The view that the business could have been much more profitable serving the other transactions created by other entities of GlobeTel was feasible. There are still open questions about Centerline, like the Mexican business that became a operating entity of Centerline, was that made up or real. I guess we will wait until the SEC reports out on GlobeTel to know the whole truth, but I'm certain we will get it all. Making it up at this point serves no worthy purpose.