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Okay... LOONG TWENTY YEARS!
Something is brewing down in the Cayman's I believe????
I have been trapped for years, there is a solution or news, because they are crushing me in the bank for custody commissions of l value.
Thank you
I wonder when that CHECK is going be to cut to shareholders.... hopefully by the end of the year!!!!!!
Hello 2018... getting closer...
We are coming up on 10 years since 12/5/07 press release. 7 years since any active trades. I own 137 times more that what homey is speaking about below but I have time to wait yet.
I feel your pain! I wish I only bought one million but unfortunately I purchased many-many more. Good luck always my friend.
I will be dead before I see my money returned.. over a million shares I purchased, like throwing money away
Okie dokie. well i remember when this symbol was revoked it was also told it could come back trading on piggy back status.
Good to see you bro. also all financing has expired and conversions. Still long n strong and TD ameritrade showing massive gains in my portfolio. I told you guys I will buy a boat and have a party if this one hits. We shall see. Charts already showing up on my streamer and on mobile. Bid ask showing .021x.024
WOW! It's been quite awhile...8 years to be exact and some of us are still around. It would be fantastic to see something happen here.
Hope all is going well with you Cali!
What are NOLs? Same a failure to delivery stock? Naked short?
Okay Folks Something just may be up this is showing .021x.024 in my account Reverse merger here finally?
Is there anyone in charge of this dump? http://aminewswire.com/stories/510724790-naked-short-sellers-squeezed-by-supreme-court
Yes... but something is up... the reporting has been delayed... not sure what is going on... The shell is going to see some action soon... billions of NOL's are at stake.
the literature in your link states the next report is this month FEBR. 2016..
GLBT, If they comeback, will they recognize our stock! or will they turn our 100,000 shares into 10 shares?
I actually sold my 27 million shares about 5 years ago just prior to it not trading any longer. I guess i got lucky. I got .0001
Next report August:
http://ajw-group-liquidation.com/investorupdate.html
Yeah...You'd think SOMETHING would transpire. .I foresee great
potential for this Symbol / Shell.
All the Best to you...to us...and to the USA!$
Well this year is moving on by and still no real action.
I just check in every once in a while to see what is going on which is still a sleeping symbol. You would think after all this time it would be dissolved and sold as a shell or at least give us some closure on what in the world is going on.
I hope we at least get closure this year whether they re open the symbol for trading or not.
Thanks, calitrader! .My_Brkr_Acct.shows GLBT CUSIP..ZERO_Value..BUT Share-Quantity.
Nabbbss just ignore the guy he holds no shares so he doesn't know what we are talking about. If this was to never trade again they will have to address shareholders first. Something may be going on behind the scenes because like all us shareholders know the value came back to the symbol in our accounts. Next we just just it to begin trading again.
I am with you on seeing something this year. Its been long enough to iron out the details
GLBT not ever gonna happen wood is prolly in a wooden box by now or doing something else. and the name is meaningless ,next!!!
Yes, GLBT was SEC-Revoked, YET its CUSIP No. (as given in
another Post close to this one) and the Share-Quantity (that I
Hold...STILL!) still appears in MY Brokerage Account Portfolio, too!
Of course, there's ZERO $$$$-Value. Indeed, it ALL is very curious, frankly.
IMO, the Symbol GLBT...AND the Name "GlobalNet" is a GOLD MINE
awaiting discovery / recovery!!$$$
For NOW, bagholders we remain, yes.
For the Record (ya might say) I clearly remember Mark Wood as CEO here.
I also clearly recall that Wood held several very informative and helpful
Conference-Calls in which he even took spoken QUESTIONS from
Shareholders (and other parties) who had dialed-in to the CCs!
YES, Wood TOOK SPOKEN, LIVE QUESTIONS during his CCs!
Now...There's much that remains obscure, veiled, unknown about GLBT,
PLUS there is much that has become legendary AND desirable about GLBT.
I am fairly certain (90%) that, in the coming 12-24 months, SOMEthing
will happen here. Buffalo Springfield: Something happenin' here...
What it is ain't exactly clear.
I obviously am not certain as-to exactly HOW matters here will proceed
(assuming an interested Party or Parties, or Organizations, should
choose to pick-up this Shell with its very desirable Symbol and Name).
Lastly, I also clearly recollect that CEO Wood et.al., during the final
Death-Spiral agonies and throes of GLBT, Diluted the Hell outta it, sigh.
I'm talkin' the "usual" Billions-and-Billions of A/S and O/S.
--------------------------------------------------------------------------------
...btw, Person-Mark 49 to Cali-Trader...and Person-Mark 82 to OK Husband.
Stay tuned. Friends, just please stay tuned!!$$$
Yes, GLBT was SEC-Revoked, YET its CUSIP No. (as given in
another Post close to this one) and the Share-Quantity (that I
Hold...STILL!) still appears in MY Brokerage Account Portfolio, too!
Of course, there's ZERO $$$$-Value. Indeed, it ALL is very curious, frankly.
IMO, the Symbol GLBT...AND the Name "GlobalNet" is a GOLD MINE
awaiting discovery / recovery!!$$$
For NOW, bagholders we remain, yes.
For the Record (ya might say) I clearly remember Mark Wood as CEO here.
I also clearly recall that Wood held several very informative and helpful
Conference-Calls in which he even took spoken QUESTIONS from
Shareholders (and other parties) who had dialed-in to the CCs!
YES, Wood TOOK SPOKEN, LIVE QUESTIONS during his CCs!
Now...There's much that remains obscure, veiled, unknown about GLBT,
PLUS there is much that has become legendary AND desirable about GLBT.
I am fairly certain (90%) that, in the coming 12-24 months, SOMEthing
will happen here. Buffalo Springfield: Something happenin' here...
What it is ain't exactly clear.
I obviously am not certain as-to exactly HOW matters here will proceed
(assuming an interested Party or Parties, or Organizations, should
choose to pick-up this Shell with its very desirable Symbol and Name).
Lastly, I also clearly recollect that CEO Wood et.al., during the final
Death-Spiral agonies and throes of GLBT, Diluted the Hell outta it, sigh.
I'm talkin' the "usual" Billions-and-Billions of A/S and O/S.
--------------------------------------------------------------------------------
...btw, Person-Mark 49 to Cali-Trader...and Person-Mark 82 to OK Husband.
Stay tuned. Friends, just please stay tuned!!$$$
GLBT REVOKED LOOK!!
http://www.sec.gov/litigation/admin/2010/34-62008.pdf
i have 20m and i bought at amtd not there and i have another 20m fidelity not there and i have 5m etrade not there you are simply seeing things.. this isn't ever coming back sorry but we are all permanent bagholders..
the only thing that shows is a cusip number 379399108 and qty which is all you get no value period with stocks that have been revoked by the sec. write it off !!!
Yes they did put it back into Ameritrade accounts. You obviously don't own any shares or you would know exactly what he is talking about.
Yes they did put it back into Ameritrade accounts. You obviously don't own any shares or you would know exactly what he is talking about.
they did not what a fraud
idiots also can't even spell shell properly. the name is meaningless too.
LOOK AT the cayman islands connection ,ubs runs the cayman islands stock exchange whereby you can naked short against the cd any typed up paper trumped up paper restriced or not any stock. and you get full protection by te swiss banking consortium ubs. Gushlak manipulated the stock price of Lombard, Illinois-based GlobalNet Inc. from May 2000 to April 2001, said prosecutors in the office of U.S. Attorney Loretta Lynch. Gushlak was a board member at Global Net during that period.
“Gushlak paid secret kickbacks to brokers in the form of cash and free stock in exchange for the brokers causing their clients to purchase blocks of GlobalNet common stock from Gushlak and others at artificially inflated prices,” prosecutors said in court papers.
Gushlak, who has been living in the Cayman Islands, was taken into custody after his sentencing. He pleaded guilty to conspiracy to commit securities fraud and conspiracy to commit money laundering in 2003. Titan Corp., based in San Diego, bought GlobalNet in 2002. New York-based military contractor L-3 Communications Holdings Inc. bought Titan in 2005.
Gushlak manipulated the stock price of Lombard, Illinois-based GlobalNet Inc. from May 2000 to April 2001, said prosecutors in the office of U.S. Attorney Loretta Lynch. Gushlak was a board member at Global Net during that period.
“Gushlak paid secret kickbacks to brokers in the form of cash and free stock in exchange for the brokers causing their clients to purchase blocks of GlobalNet common stock from Gushlak and others at artificially inflated prices,” prosecutors said in court papers.
Gushlak, who has been living in the Cayman Islands, was taken into custody after his sentencing. He pleaded guilty to conspiracy to commit securities fraud and conspiracy to commit money laundering in 2003. Titan Corp., based in San Diego, bought GlobalNet in 2002. New York-based military contractor L-3 Communications Holdings Inc. bought Titan in 2005.
whats that got to do with GLBT?
ACTUALLY THEY DONT NEED TO PAY ONE DIME OF THAT NV SOS ..THEY CAN GO TO WYOMING AND FOR LESS THAN $1K get it up and running..let nv sos suck wind
I own over 27k in stock in GLBT or what used to be Globalnet. $80k is a steal to get this name and shareholder base. There are 1000s that have positions still. The odd thing is even after so many years this is still showing value in my acct.
I hope after what ever case and liquidations are concluded that shareholders are addressed or they put the symbol and name up for sell. It would be fantastic to see something done on this in the coming months. There were many heavy hitters involved with this stock I hope one of them can get it back on track after the dust settles.
Having a new hope for 2015. I hope we see something happen here by the time Star Wars 7 comes out.
SEC Charges Stock-Based Lender With Selling Billions of Penny Stock Shares as Unregistered Broker-Dealer
FOR IMMEDIATE RELEASE
2015-18
Washington D.C., Jan. 29, 2015 —
The Securities and Exchange Commission today charged a Chicago-area company that provides stock loans using equities as collateral, its two co-founders, and its former chief operating officer with selling more than nine billion shares of penny stocks through purported stock-based loans, block trades, and other transactions without registering with the SEC as a broker-dealer as required under the federal securities laws.
International Capital Group (ICG) and the executives agreed to collectively pay more than $4.3 million to settle the SEC’s charges.
“By selling billions of shares of penny stock without registering with the SEC, ICG and its principals subverted core protections provided to investors by the broker-dealer registration provisions,” said David Glockner, Director of the SEC’s Chicago Regional Office.
According to the SEC’s order instituting a settled administrative proceeding against ICG, its co-founders Brian R. Nord and Larry Russell Jr., and its former COO Todd J. Bergeron, ICG presented itself as a stock-based lender. ICG systematically sold stock obtained as collateral for at least 149 stock-based loans, but failed to register with the SEC as a broker-dealer. On average, ICG began selling the collateral shares it received through each loan three days before closing and funding the loan, and completed the sale of all remaining shares within two weeks of receiving the stock. In many instances, ICG did not provide money to the customer until the stock had been sold in an amount sufficient to fund the loan. On several occasions, ICG also violated the securities registration provisions by distributing unregistered stock that it acquired from issuers or their affiliates. Nord, Russell, and Bergeron directed, authorized, or participated in these transactions.
The SEC’s order finds that ICG violated Section 5 of the Securities Act of 1933 and Section 15(a) of the Securities Exchange Act of 1934. The order finds that Nord, Russell, and Bergeron violated Section 5 of the Securities Act and aided and abetted and caused ICG’s violations of Section 5 of the Securities Act and Section 15(a) of the Exchange Act. Without admitting or denying the findings, they agreed to cease and desist from committing or causing violations of these provisions. ICG, Nord, and Russell must pay $1,670,054 in disgorgement and prejudgment interest as well as penalties of $1.5 million, $300,000, and $250,000 respectively. They are barred from the securities industry and penny stock offerings for five years. Bergeron must pay $417,514 in disgorgement and prejudgment interest and a penalty of $150,000, and he is barred from the securities industry and penny stock offerings for three years.
The SEC’s investigation was conducted by Paul M. G. Helms and Jonathan I. Katz and supervised by Kathryn A. Pyszka in the Chicago Regional Office.
http://www.sec.gov/news/pressrelease/2015-18.html#.VNIvtHYZdm4
Another case:
http://ajw-group-liquidation.com/index.html
Maybe after everything is liquidated things can start moving again on this stock. They, some of Corey's buddies, still hold shares that never made its way back into the LLC. Hopefully these guys can track them down... .
And the case is still sealed
Under Seal
The case has been under seal while Gushlak cooperated with the government in pursuing other people involved in the scheme.
http://www.fivefamiliesnyc.com/2010/11/stock-promoter-myron-gushlak-gets-6.html
AMERICA AT NIGHT
http://www.larryjkolb.com/lawyers.html
Does your brother Mr. Ulisse Sensi now hold, or has he at any time held, any capital shares of GlobalNet Corp. for you or any of your nominees or affiliates? If not, how and for what consideration did Mr. Ulisse Sensi obtain the many shares of GlobalNet Corp. stock registered to him?
This read is interesting too:
http://www.amazon.com/America-Night-Operatives-PresidentialElection-theFormer/dp/1594489009
I read Jim's book about Globalnet “Final Audit"
... what can come to light when the switch is turned on?
NOL's will expire in a few years - hopefully we won't have to wait to much longer.
This shell can't be purchased... looked into it. Someone will exercise there rights on this by 2020... wooow couldn't, just can't believe I wrote 2020.
There's much that remains obscure, veiled, unknown about GLBT,
PLUS there also a lot that is legendary AND desirable about
GLBT...
...starting with its Symbol -- GLBT. GlobalNet.
It is a VERY GOOD-SOUNDING CORPORATE NAME and "handle."
I am fairly certain (90%) that, in the coming 12-24 months, SOMEthing
will happen here.
For now, Company and/or Stock appear to have been de-Registered.
So, I am not certain as-to exactly HOW matters here will proceed
(assuming an interested Party or Parties or Organizations choose
to pick-up this Shall with its very desirable Symbol and Name).
Stay tuned.
oh yes, yep, and still waiting,,,,
5 posts in 2014? This is way under the radar.
$80k for what? Back licenes Or fees? $80k for a dead shell is getting close to buy a used shell.
now over $80k to bring nv sos entity current!!!!
It would be real nice to see it used as a shell or revived as a company one way or another. This symbol is way overdue for some action. Let's hope we get some in the coming months. Sending prayers and positive thoughts for all here.
I have never seen a symbol sit around this long. Its been what about 7 years since we have heard anything.
Nice! I'm positive there are many around here from years ago that have been waiting.
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About GlobalNet Corporation
GlobalNet Corp is ranked among the top ten US service providers of International Wholesale Voice and Fax Termination to Latin America, and counts more than 30 Tier 1 and Tier 2 carriers as customers, apart from a host of other reputed global service providers and major international telecommunications organizations including AT&T, MCI/WorldCom, Qwest, Global Crossing, IDT, Broadwing and ITXC.
GlobalNet Corporation as the surviving entity from a merger of GlobalNet, Inc. and iDial Networks, Inc. GlobalNet, Inc. merged with and into iDial and iDial changed its name to GlobalNet Corporation. GlobalNet provides international voice, data, fax and Internet services on a wholesale basis over a private Internet Protocol (IP) network to international carriers and other communication service providers in the United States and internationally. GlobalNet's IP network, utilizing the convergence of voice and data networking, offers customers economical pricing, global reach and an intelligent platform that guarantees fast delivery of value-added services and applications. GlobalNet `s principal focus is providing service from the United States to Latin America, with 75% of its traffic terminating in Mexico.
Business Overview
GlobalNet has earned international recognition as a aggressive, flexible, quality-driven company in the wholesale carrier services arena. The wholesale carrier services form the backbone of GlobalNet’s business, routing millions of minutes of international telecommunications traffic from other carriers through its own switching and network infrastructure.
These other carriers are able to take advantage of GlobalNet’s discounted rates, bargaining power, and commitment levels, thanks to our existing and expanding telecom traffic in key global markets, and to our competitively priced services.
Highlights
What differentiates GlobalNet from other carriers, and makes it one of the best, most powerful choices in the industry, is that it manufactures its own minutes. Unlike some competing companies, GlobalNet does not simply re-sell another company’s minutes to yet another party, but also sells its own minutes. And it is thus able to offer aggressive pricing, owing to its extensive VoIP expertise, worldwide carrier relationships, and financial relationships.
Key Objective
GlobalNet’s goal as a carrier is to offer aggressive pricing while maintaining high quality to other carriers and service providers, allowing them to focus their efforts and resources on maintaining and growing their core businesses.
Network Coverage
GlobalNet is increasing the percentage of traffic it carries on its network or "on-net", enabling it to increase margins and profitability while ensuring quality. In addition, GlobalNet's use of multiple carriers increases cost efficiencies by establishing additional routing capability and enables GlobalNet to obtain sufficient capacity to support rapid growth.
Expansion Program
The company is now expanding its network by seeking parnters in targeted U.S. and foreign markets to provide more cost efficiencies and savings by routing an increasing portion of traffic "on-net." GlobalNet also expands its international connection termination capabilities through the establishment of contracts with major international carriers.
Worldwide Network
The GlobalNet network includes backbone connections, routing and gateway equipment in San Antonio, Texas and Houston, Texas. The network is capable of originating and terminating via SIP, H.323 or TDM technologies.
The business model of GlobelNet is focused on capitalizing on the opportunities resulting from the characteristics of the Latin American, Asian, and other emerging profitable markets.
Two strategic principles guide the business model:
i) GlobelNet is developing technological and strategic capacities, providing high margin origination minutes for in country.
ii) GlobelNet is developing the ability to enter multiple markets - Pre-paid Calling Cards, Consumer VoIP, Broadband SIP Services and Wholesale - through the use of a common infrastructure based on VoIP technology providing a set of high-end enhanced services.
GLOBALNET NEW HEADQUARTERS IN PIC BELOW along with OAA
2361 Campus Drive, Suite 101, Irvine, CA 92612
Since our CEO Mark Shaftlein works for GLBT and Ocean Ave I am putting up OAA's info.
Addressing share structure or dilution in GLBT
I pulled this from most recent 8k on 2/16/07
The Company's Articles of Incorporation currently allow for issuance of a maximum of 20,000,000,000 shares of common stock. Currently, the Company has approximately 12,200,000,000 shares outstanding (including conversions during calendar years 2007 and 2006)
(remember we had 9.3 billion in feb 06)
So it seems that over a 13 month period 2.9 bill were released or coverted. That isn't an alarming rate by no means. Roughly 223 mil per month and our trading volume during that 13 month period was (15.3 bil shares) So we are averaging over 1 bil in volume a month even with the quiet time factored in. So that would prove that even with dilution of 223 mil per month the accumualation has still been climbing all along please refer to the chart above in ibox and see accum/dist indicator. And the fact that 1.1 billion shares during that time were naked shorted.
I can't wait until they deliver those 1.1 billion in naked short shares. Those were buys that were put aside or not delivered during the last 13 months.
From 8k on 6/1/06 The Investors have contractually agreed to restrict their ability to convert the Notes and exercise the Warrants and receive shares of our common stock such that the number of shares of the Company common stock held by them and their affiliates after such conversion or exercise does not exceed 4.99% of the Company's then issued and outstanding shares of common stock
________________________________________________________________
HEADLINES AND LINKS
HOUSTON, Oct 10, 2006 (BUSINESS WIRE) -- GlobalNet Corporation (Pink Sheets: GLBT) announced today it has named Gail Villeneuve, a telecommunication industry professional with 16-years of worldwide sales experience, as Vice President of Wholesale Long Distance.
Villeneuve previously held general management, technical and sales operation positions with Global Access International, Inc., Global Crossing Ltd. and Sprint Nextel Corp. Her focus at GlobalNet will be to oversee its wholesale carrier business servicing telecom carriers and ISPs.
My Commentary---
"This is one of the things i am keeping my eye on."
November 06, 2006--GlobalNet is presently reviewing discontinuation of some of its retail products to dedicate resources to the company's new area of focus, business VoIP or more specifically business data and voice convergence. The company is currently pursuing beta customers in the IP trunking and IP/PBX product categories. It expects to sign agreements with Beta customers in their respective product categories during the first quarter of 2007.
My Commentary"forward looking events"---full article link below. "I am looking for the possibility and new revenue streams and if they are headed into the triple play catagory which is hot right now. VOIP-- TV/VIDEO --DATA/internet= triple play"
http://www.tmcnet.com/usubmit/2006/11/06/2050235.htm
TOOLS AND DD LINKS
These two links are good for news and events historical or current.
1)http://www.equitygroups.com/otcbb/glbt.html
2)http://www.tmcnet.com/query/tmcnetq.asp?SearchString=globalnet+corporation&Action=Go%21
Globalnet Risk Rating on Nasdaq.com was in excess of 800 just weeks ago. It dropped below 100 now too low to calculate http://www.nasdaq.com/services/riskMetrics.stm?&tickers=glbt&lnk=Q&selected=glbt&sym....
GLBT rating on stockscores. 55x52 as of 4-16-07http://www.stockscores.com/quickreport.asp?ticker=glbt
Alexa Traffic Ranking and Detail for GLBT http://www.alexa.com/data/details/traffic_details?url=www.gbne.net
Stay up to date on all filings herehttp://www.sec.gov/cgi-bin/browse-edgar?company=globalnet%20corp&CIK=&filenum=&State=&am....
Sub penny tracking device when aroon gets over 0 line watch out thinks can get really funhttp://stockcharts.com/charts/candleglance.php?GLBT,SRSR,VYON,INXR,$INDU,QQQQ,CNES|C|C20
________________________________________________________________
DISCLAIMER:
Opinions expressed on this board are just that. Opinions. We are not licensed brokers. Trading strategies discussed on this board are often high risk and not suitable everyone. If you are losing money in the market, you may wish to seek the advice of a licensed securities professional.
No one is responsible for your gains or losses in the market except YOU. If you follow stocks, strategies discussed on this board, you may LOSE ALL YOUR MONEY. Please weigh the strategies discussed here carefully against what you are willing to risk.
Please do your own due diligence before buying or selling ANY SECURITY in the open market, there are no guarantees.
________________________________________________________________
pulled this off a newer 8 k embedded in section 4k
k. Naming of New Chief Executive Officer. The Company shall publicly announce, within 3 business days of the Company becoming current with its 34 Act Reports, the name of the new Chief Executive Officer of the Company.
BOARD RULES
No name calling or personal attacks will be tolerated on this board. Whether its pumper or basher or whatever. We all have our own opinions and we are here to express them so feel free to do so.
WHEN POSTING PLEASE PROVIDE LINKS AND/OR ANYTHING OF SUBSTANCE TO PROVE YOUR POINT. IF YOU USE FACTS YOU ARE MUCH MORE LIKELY TO BE VIEWED AS A CREDIBLE POSTER.
I have made the board the best i could and have no control over when the company releases info or news.
We will try to be fair to all here as long as you stay within the TOS guidlines. We do take this seriously and I am letting you know this now. We will do my part to keep this board clean and civilized. Here is the link for tos http://www.investorshub.com/boards/complex_terms.asp
Welcome to the board.
Commentary
10/2/2007 WoW lots of new things happening lately. I BELIEVE THE SHORTS WILL START COVERING IF/WHEN GLBT ANNOUNCES ITS MOVING EXCHANGES AND CHANGING OF THE CURRENT TRADING PLATFORM FROM PINSHEETS TO?? OCTBB ETC.
10/9/2007 Update looks like the first day of the NSS squeeze beginning on the heels of the Oct 15 date. With this volume a massive move is likely into Turkey day. Naked shorted numbers outlined below
10/4/07 ALL shares seem to be owned according to the filings that just came out.
There seem to be no free trading shares available at this point. So hold yours tight. There will probably be many more surprises coming up soon. They have alot to say after 2 years of quiet.
From 1st 10k page 2 after cover sheet released yesterday
As of July 26, 2007, the number of shares outstanding of the Issuer's Common Stock was 12,306,776,155.
As of July 26, 2007 the aggregate number of shares held by non-affiliates was approximately 10,700,000,000.
From 10k released today on page 118 other ownership reported by OAA or ownership by affiliate
Name and Address of Number of
Shares Percentage
Beneficial Owner Beneficially
Owned Outstanding
Ocean Avenue Advisors, LLC 1,614,625,000 13.12 %
2361 Campus Drive, Suite 101
Irvine, California,92612
from first 10k
Total shares available 12,306,776,155
minus shares owned by non affiliates 10,700,000,000
equals 1,606,776,155
minus shares owned by OAA affiliate 1,614,625,000
equals a defecit of -7,848,845
It looks like the total shares are owned and someone accidently bought more than whats available by 7.8 million. We can thank the naked shorts for giving out 7.8 million shares that don't exist.
Either way it seems this company is owned 100% and there are currently no free trading shares available there is actually negative shares available that the NSS'ers will have to return via buying along with the other 2 billion they need to cover via buyins.net report. OCT 15 - December 5th NSS D day
OCTOBER 15 IS NOW HERE. ENFORCEMENT OF GC HAS BEGUN.
No More MR Nice guy Moving all sell orders to much higher prices
Keep this list on your radar we might be showing up soon imo.
OTCBB Eligibility/Delinquency list http://www.otcbb.com/DailyListContent/delistings/OTCBB_Eligibility_Status_Report.pdf
10-27-07--Globalnet shareholder total update and calculation and projection done by this board
So we have only 28 posters reporting a share count at an average of 30,191,985 per holder. We have a total of 851 shareholders per 10k. So if we took the avg 30,166,132 per shareholder times 851 to make a projection or estimate of the total shares held just by us retailers we would come up with 25,693,379,235 this number is an example based on the data we compiled here.
And then you take into consideration that the O/S is only 12.3 billion. We may have a much bigger NSS position than I ever thought possible.
I still remember USXP saying they were shorted 10x their float before the huge run from .0004-.045. We might just be at the tip of the iceburg with our projections imo.
_________________________________________________________________________
________________________________________________________________________
VERY RECENT UPDATES BELOW[
10/1/2007 Monday 10k for 2003 http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5457178
10/2/2007 Tuesday 10k for 2004
http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5457178
10/3/2007 Wednesday PR with company overview
http://biz.yahoo.com/bw/071003/20071003005942.html?.v=1
10/4/2007 Thursday 500k financing enough for something big or to get us through year end and current with filings imo.
http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5462018
12/3/2007 8k where Globalnet disposes of another $6+ million in long term debt. http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5576167
12/5/2007 PR where Globalnet recaps all debt payments and restructuring activities. We are near debt free at this point and disposed of $9 mil+ in debt this year alone. http://biz.yahoo.com/bw/071205/20071205005084.html?.v=1
2/7/08 8k http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5704068
4/8/08 8k The Company will use the proceeds for two business purposes. The first is to work toward completing our 2005 audit and the filing of
our 2005 10KSB. Following that, management will work toward completing our 2006 audit. Secondly, the Company will seek business
opportunities in areas outside the telecommunications sector. These may include asset acquisitions and or private companies for consideration
as a reverse merger opportunity.
http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5855084
8/12/2008 below is a link to the first buy of a fund in a long time
Globalnet no longer owns GBNE.net the new owner is Next Dimension Partners nextdimensioninc.com/content/partners.html
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