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Globalnet (GLBT)

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Last Post: 11/13/2017 7:19:26 AM - Followers: 92 - Board type: Free - Posts Today: 0


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.

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.


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


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"


These two links are good for news and events historical or current.



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

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.


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.


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.



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

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.




10/1/2007 Monday 10k for 2003 http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5457178

10/2/2007 Tuesday 10k for 2004

10/3/2007 Wednesday PR with company overview

10/4/2007 Thursday 500k financing enough for something big or to get us through year end and current with filings imo.


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.

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

Please do your own DD and don't ask silly questions!

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#12442   I wonder when that CHECK is going be MikeDavis265 11/13/17 07:19:26 AM
#12441   We are coming up on 10 years since calitrader 09/21/17 01:28:42 PM
#12440   I feel your pain! I wish I only arsnlgnrs 09/05/17 01:15:32 AM
#12439   I will be dead before I see my kirtlando 09/02/17 08:10:12 PM
#12438   Okie dokie. well i remember when this calitrader 05/03/17 12:06:47 PM
#12437   Good to see you bro. also all financing calitrader 05/03/17 10:46:49 AM
#12436   NOL - Net Operating Loss infinity888 05/03/17 07:54:52 AM
#12435   WOW! It's been quite awhile...8 years to infinity888 05/03/17 07:52:33 AM
#12434   What are NOLs? Same a failure to calitrader 05/02/17 05:41:41 PM
#12433   Okay Folks Something just may be up this calitrader 05/01/17 02:59:23 PM
#12432   test madras50 03/09/17 09:50:41 PM
#12431   Is there anyone in charge of this dump? http://aminewswire.com/stories/510724790 arsnlgnrs 05/22/16 12:34:42 AM
#12430   Yes... but something is up... the reporting has MikeDavis265 03/07/16 11:39:56 AM
#12429   the literature in your link states the next kirtlando 02/03/16 04:00:55 PM
#12426   GLBT, If they comeback, will they recognize our mochab 12/14/15 01:28:27 PM
#12425   I actually sold my 27 million shares about Ontartrader 09/23/15 10:32:53 AM
#12424   Next report August: MikeDavis265 08/27/15 09:15:45 AM
#12423   Yeah...You'd think SOMETHING would transpire. .I foresee great Nabbbss 07/20/15 08:41:37 AM
#12422   Well this year is moving on by and calitrader 07/19/15 07:19:35 PM
#12421   Thanks, calitrader! .My_Brkr_Acct.shows GLBT CUSIP..ZERO_Value..BUT Share-Quanti Nabbbss 03/11/15 03:52:45 PM
#12420   Nabbbss just ignore the guy he holds no calitrader 03/11/15 03:47:55 PM
#12419   GLBT not ever gonna happen wood is prolly ok husband 03/08/15 01:58:55 PM
#12418   Yes, GLBT was SEC-Revoked, YET its CUSIP No. Nabbbss 03/08/15 11:57:15 AM
#12417   Yes, GLBT was SEC-Revoked, YET its CUSIP No. Nabbbss 03/08/15 11:42:00 AM
#12416   http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=JJgsakra7HgKxMxdFLN89Q% ok husband 03/07/15 04:06:23 PM
#12415   GLBT REVOKED LOOK!! ok husband 03/07/15 04:00:41 PM
#12414   i have 20m and i bought at amtd ok husband 03/07/15 03:44:31 PM
#12413   Yes they did put it back into Ameritrade calitrader 03/07/15 03:01:07 PM
#12412   Yes they did put it back into Ameritrade calitrader 03/07/15 03:00:40 PM
#12411   they did not what a fraud ok husband 03/07/15 02:17:50 PM
#12410   idiots also can't even spell shell properly. the ok husband 03/07/15 02:16:35 PM
#12409   LOOK AT the cayman islands connection ,ubs runs ok husband 03/07/15 02:02:50 PM
#12408   Gushlak manipulated the stock price of Lombard, Illinois-based ok husband 03/07/15 01:59:05 PM
#12407   whats that got to do with GLBT? ok husband 03/07/15 01:53:46 PM
#12406   ACTUALLY THEY DONT NEED TO PAY ONE DIME ok husband 03/07/15 01:48:09 PM
#12405   I own over 27k in stock in GLBT calitrader 03/07/15 01:22:05 PM
#12404   SEC Charges Stock-Based Lender With Selling Billions of arsnlgnrs 02/04/15 12:28:30 PM
#12403   Another case: MikeDavis265 01/22/15 04:29:21 PM
#12402   And the case is still sealed MikeDavis265 01/17/15 12:36:15 PM
#12401   AMERICA AT NIGHT MikeDavis265 01/17/15 12:32:18 PM
#12400   I read Jim's book about Globalnet “Final Audit" MikeDavis265 01/17/15 12:24:18 PM
#12399   NOL's will expire in a few years - MikeDavis265 01/16/15 11:09:16 PM
#12398   There's much that remains obscure, veiled, unknown about Nabbbss 01/09/15 01:32:22 PM
#12397   oh yes, yep, and still waiting,,,, doinit 01/07/15 01:44:10 AM
#12396   5 posts in 2014? This is way under fink 12/19/14 07:40:04 AM
#12395   now over $80k to bring nv sos entity current!!!! ok husband 12/18/14 05:57:33 PM
#12394   It would be real nice to see it calitrader 08/04/14 04:13:32 PM
#12393   Nice! I'm positive there are many around here arsnlgnrs 06/19/14 10:41:55 AM
#12392   looks like GLBT is coming back...... TDMAERITRADE just richboy1 06/18/14 11:30:25 PM
#12391   If Globalnet resumes trading... will they honor their mochab 08/12/13 02:00:16 PM