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SPD

04/08/08 9:59 AM

#101350 RE: miguellara #101349

There is plenty of blame and incompetence to go around in all of this - IMO nobody at GTEM walks away from this completely clean.

Does anyone remember at what point our CFO (Jimenez?) left?

This isn't necessarily new for GTEM - remember IPW? Remember the "lost" switching equipment that was supposed to be in Mexico? How about the fact that way back in the day they actually issued shares they had no right to (then we suddelnly become incorporated in a different state)? All pieces to the puzzle that paint the real picture of GTEM...and it is not pretty...
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runandadd

04/08/08 10:06 AM

#101353 RE: miguellara #101349

ok I'll try.

1.You go to your accountant, that you have gone to in the past. This year you give him no W-2s, but he knows you work. He prepares your return with no income and signs off on it. Two months later you get a notice from the IRS with tax, interest & penalty. What do you do? I guess you would say to him: "Hey Bob I screwed up, sorry. I should have given you that W-2"

Only because the SEC stated that if it was not for Joe it would not have happened, that does not mean they have exused Gtel.
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runandadd

04/08/08 10:15 AM

#101354 RE: miguellara #101349

You mean they did not know that nearly all of Centerline's invoices were fake?