The person to defend GTE is Tim Huff. Not you, I or anyone else. The best way to defend GTE is bank the 150 MM announce it and start delivering on promises.
Period.
When he does, the Seth's will go away, as they are dealing in hindsite to forward project, for a reason.
This article, just like the last one, ignores all the quality personnel, new directors, new partnerships, etc. and investors that have joined the company fully aware of all the past ins and outs of deals done to raise capital for this fledging start-up company.
Even this deal netted GTE an important timely infusion of net plus capital.
What this article tells me is that there is, likely, a major short in this stock that is very worried they are trapped. And/or, there is a major company that is feeling very threatened by the reality that GTE has the goods to pull off a major coup in the VOIP space.
One of the reasons Vonage has made a dent, no a major broadside, into the top telcoms in the USA is they are a private company, whose affairs and stock cannot be diddled with daily.
GTE does not have that luxury of privacy, and therefore has a tougher road to hoe as a result, because of the public media scrutiny and all the crapolla that goes along with that.
Including Seth, reporting dead issue facts, and no positives...because his handlers have told him he has time to do so..not much time..just about a few weeks.
Huff has to silence this with production, not words.
I believe he will.
M
Before dawn there is darkness.
