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I don't remember seeing this posted before, but Lithium Technology, Sanswire's storage cell vendor, has developed a new product that may have huge implications for strat development. At the last SHM, Huff said that the biggest question regarding strat performance was whether or not enough energy could be stored during the day to power it through the night.
http://biz.yahoo.com/bw/070517/20070517005674.html?.v=1
CWID Schedule
Anyone have a WAG as to what "Hot Wash" refers to?
CWID 2007 Execution: May 29 - June 22, 2007
Preliminary set-up: May 29 - June 1, 2007
Training and Rehearsal: June 4 - 8, 2007
Interoperability Trials assessment and visitors: June 11 -21, 2007
Hot Wash: June 22, 2007
http://www.bearingpoint.com/portal/site/bearingpoint/menuitem.c61caed41198bcb753d0a11047108a0c/?vgne...
Thanks! That is really interesting. I'd heard about the ban, but not the video. Is it still on Utube? I just looked and couldn't find it, but I'm not very familar w/Utube.
Remember the caterpillar-looking thing in the video?
Mide, these are my wags:
1. Revenues from Gotham Financial (They must have had something solid in mind when they took over Magic Money.)
2. When Huff said the strat was "fully funded", maybe he really meant "overfunded."
3. The military strat, which must have involved a (black project?) contract, but was never filed. We don't know anything about this except that they built it and it flew.
GTEM (.27)
GTEM (.26) HOD
Trimax? More likely a firm with necessary security clearances, IMO.
We're up almost 19%. When was the last time we saw that? What's going on?
LTHU (.155) Hod
Would appear that the Russians found out days before we did. I also thought it odd that they announced the time of the PR before making it.
No wonder
"The Company made significant progress in the last quarter of 2007"
How far?
Seems you're confusing altitude and velocity.
http://electronics.howstuffworks.com/satellite3.htm
Anybody have a WAG as to how much GTEM makes on each 4010 they deliver?
There should have been a dash or a slash between Mexico City and Pachuca instead of a period (the period makes no sense). Then it would have been clearer that the "areas" referred to were in the corridor only.
may 26 1144 am est
TD Ameritrade also shows 207,838. EOM
"The Company anticipates that certain of the revenue attributed to Centerline Communications LLC, a former subsidiary, will be restated"
"Former"?
I don't expect a SHM to even be announced before the SEC is done.
I wonder if MetroPcs might be interested in centerline.
This is an excerp from a post by mide earlier this year:
My only initial curiosity was why Texas and Michigan? Well it turns out two years ago Metro-tel was set up by 3 current employees of GTEM and 5 outside investors, Jon Leinwand is obviously one of those investors. (None of this is material disclosure...btw.) The 3 GTEM employees are passive investors, the 5 outsiders are the active managers. There are 12 stores owned by this group and they are in Texas and Michigan. (I kind of view this as taking in interest in a new tavern opening if you were a key employee of Stoli Vodka Corp.)
Recently, Metro_Pcs was approached by another Telecom with a service add on VOIP service very similar to what we were PR'd about. It was run down the flag pole from corp to the independents for an opine. The active investors contacted GTEM passive guys and said...Can you match or better it?
And the passives went to the BOD and said, we can do this and better it, can we go for it? BOD...said yes! And they did it.
Actives went back to MetroPcs and said...hang on. We have a better widget...let us test it and prove it. Apparently, Corp. Metro is in waiting mode on the test outcome.
In the meantime, the net profit distribution is equal to GTEM and Metro-tel, if any. Out of each $19.99 for the service I have no profit projections..and as it is a test..I doubt many. Loses are absorbed by Metro-tel...btw.
However, and this is a huge one...all the traffic routing for all calls made through CallAnyWhere get sent through our Centerline Switch and get billed as a charge against the gross $19.99.
So regardless,and if this is successful, and the same proforma contract gets adopted by MetroPcs nationwide, GTEM shareholders get 50% of all net profits on CallAnyWhere, PLUS all revenues streaming through Centerline for all the routed calls.
That is a very good deal potentially.
None of what's in that resolution makes sense to me.
"Relatively low-cost balloons" ???
How could they have a "free-floating balloon" and expect it to be in position when they need it, unless they plan to flood the skies of the Earth so that, at any given time, one of them would bound to be floating by. And there's no mention of solar-power (or any other power), geo-positioning or flight (float?) duration.
IMO, it doesn't describe a strat or anything imaginable. I can only think that it was written by someone who was horribly uninformed. And that, too, is unimaginable.
I must be missing something (bigtime).
At the SHM last year, Huff made mention of the fact that there were many low altitude applications for the strat. So, why not focus on what's more quickly achievable and profitable in the near term? It's also been a given that military applications could much more quickly bridge the FAA hangup.
Oh, and let's not forget "fully funded".
From the globetelWireless website:
"In situations where our partners are providing the capital to build out these networks, we will plan to collect 50% of the revenues and profits.
In situations where Globetel provides the capital, we will structure such deals such that we will collect 75% of revenues until our capital investment is paid, with the relationship then becoming a 50-50 partnership moving forward."
"where Globetel provides the capital'????
Hence the sale of Centerline...to provide working capital. IMO
Zardiw, Good read! Thanks!
I'm not so sure. Did you see this (when you click on "Company")?
"Due to the quality of our advanced wireless technologies, GlobeTel Wireless has established relationships and recently signed agreements with leading companies in our target markets. GlobeTel Wireless currently has numerous projects planned in 2006-2007."
"companies"
But I don't understand the mention of 2006. Was this written months ago?
OK, I just edited my previous post and the link it has now works for me.
Here's the link:
http://www.globetelwireless.com/
I used the link in Friday's PR and it worked fine.
Thanks so much for the wake-up. I had no idea there was such a wealth of information on that website. You can't read it and not get the impression that a lot is going on that we're not even aware of.
The big question I have is "What are the auditors going to audit", i.e., w/o an audit commitee and w/o a CFO, who's going to prepare the reports in the first place? Are they just going to use the SEC's numbers or what?
Agree! Often another company simply makes an offer for the assets of the BK company and the proceeds are divided among the creditors. The shares then just fade away.
"pay the new auditors and get the SEC off of our back! "
or raise working capital for the JV.
ETIM moving fast
ETIM at LOD---What gives?
GTEM---could be the stock of the year.
SEC investigation in 7th month
No significant dilution or financials (awaiting SEC conclusion) since Q2
Raytheon gave presentation at recent Stratellite demo.
http://www.Globetel.net
http://www.globetel.net/mexico/index.html
Do the DD and see if you think this is a 30M cap. co.
All IMO!
Isn't everything?
That's pure tunnel vision.
It comes about 7 months too late. He was kept on for the JV; he's no longer needed.
"as our other projects begin" EOM
"our lives"...oh yeah...I forgot.
PCSV at HOD