Allstocks.com's Bulletin Board
Hot Stocks Free for All ! GTI.V - BREAKOUT - INVESTOR RELATIONS
|
UBBFriend: Email This Page to Someone! | next newest topic | next oldest topic |
Author | Topic: GTI.V - BREAKOUT - INVESTOR RELATIONS |
Dr. Goldstein unregistered |
posted February 05, 2004 00:13
GTI Venture Exchange (CDNX)
Current Shares Outstanding according to the TSE site is 25,789,928 shares. Insiders hold 12,477,870 shares as of yesterday, giving them a stated 48% stake in the company. They weren't kidding about being tightly held. This also means that the public float is much smaller than the current shares O/S. Once again, this company has significant room to appreciate given the current information.
Glenbriar arranges financing with Ohio firm 2004-02-03 17:01 ET - News Release Mr. Robert Matheson reports GLENBRIAR LINKS UP WITH BALMORAL COMPANIES FOR US$ FINANCING Glenbriar Technologies has signed a letter of intent with Balmoral Companies, an Ohio corporation, to assist in the financing of acquisitions, business development and software advancement for Glenbriar. Completion of the financing is subject to a number of terms and conditions, including completion of due diligence and finalization of documentation between the parties. The proposed financing is expected to initially provide funds of $1-million (U.S.), with access to additional financing in subsequent periods. "Glenbriar has been seeking innovative approaches to accessing capital markets upon terms acceptable to management and Glenbriar's shareholders," noted Glenbriar chief executive officer Robert Matheson. "This new relationship with Balmoral Companies and its CEO, Rodney Kincaid, not only meets that threshold, but will help fuel our 2004 funding objectives and set us well on the way to realizing on new growth opportunities." Some of the financing will be done via settlement contracts with 1st Management Finance Inc. ViewPoint Technology Inc. will invest. Balmoral, which has been involved in international emerging markets for over a decade, plans to co-ordinate overseas contracts for Glenbriar. The total package will accelerate Glenbriar's business plan, finance expansion and open up new overseas distribution opportunities through a Munich, Germany, connection maintained by Balmoral. Other company acquisitions for Glenbriar are also planned. IP: Logged |
hotstockpick unregistered |
posted February 05, 2004 00:15
I'm in on this one. Iknow your track record buddy IP: Logged |
All times are ET (US) | next newest topic | next oldest topic |
© 1997 - 2004 Allstocks.com. All rights reserved.
Powered by Infopop www.infopop.com © 2000
Ultimate Bulletin Board 5.47a