Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Jim...I think that should read...
TAO couldn't give Airchain aka SkyDragon away..
All I want to know about the Magic Money "deal"...just who the hell is Gotham Financial, LLC...another Huff "one-off"???
"I was trying to find where SkyDragon was handed over to someone else"
Risk, I'm curious how they would handle the accounting of this. Did GTEM.PK "give" this potential military asset away? Was the Sky Dragon fully depreciated? Was it ever shown as an asset on the books? If they sold it...and it was fully depriciated what was the recapture?
TIA
"And because of whose fault?"
I guess at GTEM.PK the fish never rots from the head down...shareholders certainly have never held management accountable for anything as evidenced by the 90% re-election of officers / directors.
You get what you inspect, manage, question, follow-up & focus upon....and not necessarily what you release in PRs to shareholders.
It's your company Mide, fight for your shareholder rights!
Soon enough...we'll all find out. Of course this assumes the doors of Globetel corp. are still open and that they are capable of filing the appropriate financial documentation.
Nerd...I'm trying to get my arms around this thing on all fronts.
The more I try...the more obstacles I see to GTEM.PK's very rosy projections on their special investor website.
Apparently the paradigm shifting technology wasn't well received in Germany so I'm not so easily persuaded that this thing is a slam dunk.
ps...I've been to Pachuca....the economy ain't so hot and although I agree the typical resident of Hidalgo has limited broad band access...they don't have the coin for what in the final analysis is nothing more than an expendable luxury item.
So the installation of the Hotzone Units requires no special permission and occurs free of charge @ all necessary Zone locations?
TIA
Thanks...my search turned up nada. Of course my Polish ain't so good. lol
Just curious if anyone knows of any Caterham Financial deals....Poland, Malaysia...St. Louis????
TIA
Risk...take another gander @ Westor Capital's website....haven't placed a Tombstone since they fleeced GTEM.PK's shareholders last September.
Nerd...last post of the night....if the SEC were to bring charges...they have no immunity....other than taking the Fifth.
I'm amazed that no longs are concerned about this...but that's what is so amazing about GTEM.PK.
Good night. I truly wish you the best in your financial endeavors....just happen to disagree about GTEM.PK ( we'd probably agree on lots of other financial opportunities).
Nerd...think it's just a coincidence that Khoury started his global consulting firm in St. Louis? The same town Timmy Huff cracked the books (St. Louis Community College)????
Good God Nerd...sounds like you believe they knew management was cooking the books!
I appreciate your analysis...doesn't management credibility come into question? After all...it's under the K-Minnows watch that the audit firm disengaged and the independent directors resigned. Not exactly a Warren Buffet kind of play. I'd figure an old wily veteran like yourself would care more about who's driving the boat.
"it is another scam"
Are you suggesting that prior GTEM.PK paradigm shifting, wave of the future ventures were a scam?
No not necessarily a scam....I just think the PR & website are overly promotional.
We shall see...The K-Minnows have claimed net profits in 12 months. Let's see if they can keep the wreck afloat that long.
Looks as though Khoury's old gig International Consulting Group closed up in early 2004??? I could be wrong...of course the website has been updated in 3 years. Clearly their consulting work for GTEM.PK didn't bear fruit for the shareholders.
http://www.ics-uk.com/ICS/English/News%20Latest/englishNewsApr03.htm
Globe Tel - US/Miami
April 2003: ICS has been appointed by the executive board of GlobeTel to provide board support and strategy for the organisation. The initiatives will assess the current capability of GlobeTel and look to position the organisation within global communications market with recommendations of market entry and products and services.
Nerd...why do you think the independent directors jumped ship?
TIA
And this assumes that there is cash to suck. It's all one big leap of faith...not a very compelling reason to invest one's hard earned money.
Sounds like the same old GTEM.Pk to me...claiming profitability within 12 months when all they have established is the original trial network.
Here's my take and it will surely be deleted.
These guys don't care about the shareholders...never have...never will. Like I'm suppose to believe that the resignation of the independent board members isn't a paradigm shifting event? Gimme a break. There are absolutely zero checks & balances in place. They've been living off the continual dilution of treasury stock. Overpaid and underworked. No results...only superficial
PRs to prevent a total collapse of the PPS. When the sycophantic shareholders wise up...maybe then you'll see the true value of Globetel Corporation's shareholder equity. Till then, enjoy the website while the K-Minnows plot their next move. Just how much is Khoury getting paid for this???? Will Timmy Huff receive a severance package? Lots to think about if you're long this turkey.
I'll take a crack at your question.
The website costs virtually nothing to produce and maintain in the big scheme of things.
It's a pump for you guys. Anyone can build a website promising great things...gotta deliver the goods. Globetel has NEVER delivered the goods. And until this changes with verifiable financial info, no serious investor would waste their hard earned money on hype.
You seem to forget....there are soooooooooooooooooo many better things to invest in.
BOL
Huff will be missed.
I loved reading his PRs.
"Unfortunately, as an engineer, he had no clue that getting from point A to B,".....
Mide...do your homework. Timothy Huff is not an engineer.
He holds a A.D. from St. Louis Community College and took a few courses @ Rutgers. Please feel free to confirm with Bleckman.
He then went to work for MCI "hacking" long distance. He knows some buzz words but like the company....an empty vessel.
This is why your stock sells for .013 pre-reverse split.
GTEM.PK Management - I can't seem to find any verifiable work Caterham has performed other than "deals" with Globetel. Anyone have any insight on this? Risk perhaps?
TIA
The other thing that I find interesting was the fact that post-Internafta, shareholders overwhelming voted to re-elect the very people who were charged with the responsibility of protecting them.
Ya know what they say, Ya reap what ya sow!
Nerd..."picking on" GTEM.PK's lack of financial filing....heck...we pick on more than that!!!
The examples you gave are noteworthy: I happen to own them both...fortunately I bought my Dell stock in 1987 and 1988 and yes I still own it...so I think you know what that means...Sycamore has close to a billion in cash so I'll weather the storm. In both cases..I agree they are negatives...but we'll get by....
but alas....Did the BOD of Sycamore / Dell resign? Did either COB say he was too busy for the job and cut and run a month later? Did the next COB of either company make claims about their pal / business partner...Dr. Henry Kissinger??? Have either been thrown off a second rate stock exchange? Did either company enact a 1:15 reverse split and now have a value less than prior to the reverse split?
I could go on Nerd....but what's the point. The Filing delay is but a mere folly in this Train wreck of a stock.
The greater draw back to "pre-pays" in all businesses...you're only as good as yur last sale. You can't assume going forward a predictable amount of renewals. Having said that...I'm sure this is where VPN steps in and says it's the only way to conduct business in this particular socio-economic segment.
I believe it's going to be a much tougher sale then the J.V. is promoting. Of course we don't know what VPN thinks...only GTEM.PK. I also wonder how many homes in Hidalgo have PCs @ the ready?
You just have to ask yourself...self....will Globetel's projections come true? Of course the projections are extremely conservative....and technology absorption forecasting is a no-brainer. Will the 12 month cash flow positive statements of yesterday be the Magic Money EBITDA positive 3rd Qtr 06' statements of yesterday???
Should the Disclosure statement give Globetel a "free-pass" for failure to live up to these projections?
Or, should none of this be questioned?
Thoughts? Or will this post be deleted like questions regarding the last two ventures VozBrazil & Anywhere Caller?????
Yep...that's why the BOD has resigned and the Audit team disengaged prior to commencement. That's why insiders are buying stock like crazy.
Keep going Sharky...I'm feelin' ya.
Axel - How is the paradigm shifting speed of Hotzone affected as more & more people share bandwidth? Same drawbacks as VOIP?
Perhaps I haven't stumbled across "pricing" on the new web site?
Any idea how much this service will cost per individual?
TIA
Risk, Nerd, Mide...do we know why the company has made no attempt to recover employee loans?
TIA
Hey Vern....where is Leigh Coleman now? What would be the reason for his departure? Did he not want to be a part of this paradigm shifting, wave of the future?
TIA
"I've never in my life seen a company hand out bonuses that exceed their revenues"
Not too mention....non-recourse loans to employees...on behalf of the shareholders.
This post will be deleted due to the fact it does not pump GTEM.PK
"From the Judge's decision I think they'll be unable to prove the deal to be a scam"
Your probably right...even if it is.
Anywone know how GTEM.PK's VOIP holds up under heavy traffic. That's the beef with Vonage.
TIA
Risk...gosh time flys...what's the name of Huff's other trading vehicle for Globetel (the Atlanta firm)?
I agree to disagree...(if systematic fraud were to be discovered). In reality..I suspect they would pay the claim and then pursue Huff personally.
I disagree with the assumption that this thing will go away....quite the opposite - this thing has legs. And Huff's track record ain't gonna back him up.
Moreover...if Huff & GTEM.PK are found guilty of the accusations...."reckless" dare I say fraudulent...don't assume that their O&E insurer will foot the bill.
Sharky...again...perhaps you should consider the merits of the plaintiffs' case. Afterall...this stock (if only for a brief time) actually was worth more than .015 pre-reverse split.
With that in mind....perhaps the company could update us all on the status of the paradigm shifting VozBrazil & even more exciting - ANYWHERE CALLER Plan J.V.