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design333: Can you imagine the mood at the SHM if the sp at that time is still 1.27? Wow, I wouldn't want to be anywhere near that conference room. That's why I hope they web cast the event. Can't stand the sight of blood. Let's all hope the sp will soar prior to the SHM so it will be enjoyable for all. Like the previous posted just stated "I'm not smiling yet!"
nowisthetime: I don't think you missed anything about the need for 2.10 so they can execute their options. And thanks for the clarification on the daily PR information as I had not seen anything official from GTE on that subject. I also didn't see the post that mentioned a conversation with IR about the daily PR's, just hope the info was accurate and daily PR's do come forth shortly.
Nope, you didn't miss anything about the 2.10 area for their options to be exercised. And thanks for the clarification on the daily PR forecast - I just hadn't seen anything from GTE officially about such PR's and I missed that post you mentioned. But, I hope the the person that spoke with IR got it right. We do need a sp rise prior to the SHM.
JUSTFRANK - PLEASE DELETE - DOUBLE POSTED
You posted "We have yet to see the almost daily PR release that was forecasted". Who forecasted daily PR releases? I may have missed it. Would appreciate finding out where that was written etc. TIA
Japbrat: Seems to me that if a Brazilian uses his local phone to call a specific assigned local number (assigned by GTE), the GTE system would routes the call to a specific assigned number in the US. Thus there is no need for special equipment. Apparently the info in Brazil is incorrect and needs to be changed or clarified. Could be that GTE also will compete with Skype as an additional revenue stream outside the direct to direct calls. Just IMO
In a presentation like this a copy is usually SOP. But if not, a copy needs to be made and posted under the IR section of the GTE site. That way, any and everyone can play the presentation as many times as they like. IMO
symphyl: It's in a conference room and I expect the room will have all the trappings of a good appearance. Anyway, I want to see and/or hear the SHM live, not several hours later. I have put a huge amount of my personal savings into this company,as many others have,and I would like to hear the meeting. I am unable to attend the SHM for personal reasons (or maybe all my money tied up in GTE). This issue about expense should be a non issue. If GTE is at the point of financial collapse by putting on a web cast, I hope GTE will inform me so I can get out in time. Also, I really don't want to see a stage show, ie all the GTE staff putting on some show. Would be nice to just see and/or hear them for who they are, no pretenses. That to me is important and valuable as investment information as to how GTE handles themselves at such an important meeting and to see or hear them unabridged. The days of being afraid as to how they will come off in a web cast are, I hope, way behind us - they better be or we are in deep doo doo. IMO
If that's the case, it would appear that Rob B needs shareholder support to move his ideas for making GTE "visable" to investors and the public. I have to remember that engineers and visionary types do not fully understand the need to communicate and advertise. So, this may be a way Rob can move the peanut forward to expose GTE properly to the public. The old saying "penny wise and pound foolish" may be the wall Rob is up against within GTE management circles. So, why not give him some ammo to help him do the job he was hired to do. All on this board probably relate to how companies operate. Hard to change old directions. IMO
ezey: But do we get the impact that a live web cast gives GTE as to exposure during the event where people will tune in during the trading day etc. I'm no marketing person, but I would think a live web cast says a lot more about a company technologically that a recording might. We need a major marketing thrust now and a web cast might provide it. IMO GTE needs to go first class, not tourist. (BTW, this is not a knock on the idea by warp)
grapes: That's my thought in a nutshell - GTE needs to expend some funds to get their name and vision before the public, and a web cast would be funds well spent. A web cast can be played afterwards for those that are at work during the presentation. Also, it's time GTE becomes a telcom type company in appearance, not just in name. IMO
bors
In all respect to Mr Dumas, I have to agree with your comments that time at altitude for this new technology is the only true test as to the success of the overall airship systems. I can only guess that a Strat III being ready in early 2007 means that it may be built but not ready for deployment as it would have to go through a battery of new testing, even though it may be scalable in some respects. And at this date no altitude has been achieved with Strat II that we know of but hopefully altitude will be achieved soon. The Strat III will probably have different size motors, possible redesigned air lifting tech, and an array of changes that will come from the Strat II flight. In reality, this is an extremely complex undertaking that GTE is attempting and a huge amount of flight variables are still unknown, even though simulations etc. have been performed. So, all of us had better get ready for delays for possible new innovations to improve the airship efficiencies and performance that will be gained from Strat II testing.
My concern about the sp is that I would like to see a steady increase between now and the SHM. Releasing gang buster PR's at the meeting will spike the price, again, and we will just be a sitting duck for the shorters to take the profits and not build a strong sp. A fast spike will just be more of the same as we have endured for the last year, volatility through shorting and manipultion. That's just my opinion.
Esyn: I for one hope the landslide of "meaty" news comes to pass as you point out. It's logical that such news would be coming, but, I'm not as convienced at this point. I would think that with our sp today at 1.30, as we speak, GTE would want to start trying to nudge the sp up to decent levels prior to the SHM by issuing some small but targeted PR's now, if they have any. I would like to see a steady, solid climb in the sp going into the SHM instead of a PR blitz at the SHM. So the lack of any "good" PR's this week or next will concern me as to what we can expect at the SHM relating to "meaty" news. IMO
cabvineyard: I don't expect any big PR's, more just "we are meeting the plan as outlined in the Dumas letter" at the SHM. More than likely, GTE may not have any "big" news to put out at this time. Hope I'm wrong, but we don't have long to wait for the SHM to find out.
ShakeyGuy: I agree, I don't know where to get a card either. I wrote R. Bleckman several weeks ago and asked how to sign up for VozBrazil and he said it was in the release from GTE ie had a telephone # and an internet site where to call etc. So, I guess that there will be more information in the market where the service is available. I certainly hope so. ken w
montanar: What a excellent post in all respects. That is exactly what Huff is all about, as well as his total plan, as you stated so well "to empower the dis-empowered (while making GTE money at the same time).
mide: symphyl posted a much clearer explanation from GTE than I did, but the idea was the same. I'm sure that all state and federal money tracking viligence is integrated into GTE software and reports, as well as audits made regularly by the Feds as relates to moving money in and out of the US - really nothing different than Western Union. But, the funds are limited to a max of $5000, so the US just monitors these levels of money the same as in a bank today. If you deposit $10,000 or more (in cash)into your bank account in the US, the banks are required, by law, to report such a transaction to the Feds. (I think that level is still the amount). As relates to embracing electronic cards by the population, once they see it work and realize the cheaper costs, better security for their relatives, and the ease of use benefits, there will be a rush to aquire digital transfers over Western Union type transfers that cost more, are not as convenient and certainly not as safe. IMO
siriuslyricher: My understanding is that the person in the US would purchase a card from GTE JV for say $500. The card would be populated for up for $500 less a fee. The card would then be used (card #) to send available funds up to the amount the card is populated with to the desired receipent, say in Brazil. The funds are transfered to the receiving card member account within the GTE system and the receiving card can then be used at any ATM in Brazil that participates with GTE JV partners for up to the amount populated with from the US sender. Therefore, no need for anyone on either end to have a bank account. That's my 2 cents.
Grapes and mide: Thanks to both of you for your efforts to put a list of questions together for the SHM. Appreciate having a group of investors on this board that care enough to get some answers from the company that we have invested our hard earned money.
good2be: This is just a thought, but maybe GTE has made it clear that they are only interested in developing countries markets, and not interested in competing at this time, in the US market. That may be a reason no money has surfaced as a JV. But, never know what's behind the "wall" as low puts it. Also, I think Mexico and Germany may be a foreign JV presently.
ADDED: Also, when people like AMurdoch enter into a JV, there is no "joint" about it - they own you. So it may be that GTE feels the way to success is to do small JV's with many, instead of the likes of a Murdoch et al.
lowtrade and mide: I don't disagree outright with the need for more investor information(GTE info board on their site), but if you "remove the wall" we could be faced with another Russian deal that certainly hurt the SP and more importantly GTE credibility. Had they kept the Russian deal "behind the wall", I think we would all be better off as the sp may not have gotten smashed as it did. Also, GTE left itself wide open to all the BS we got during those 5 months of hell. So, IMO it's a fine line that has to be walked as to how and what to release from "behind the wall". Seems GTE is damned if they do, damned if they don't. So, in both your opinons, what is the solution as to what they should and shouldn't release? I can agree with updates on division progress(again posted monthly on a GTE board site), but the Russian type releases are very questionable as later failure, after release of a deal, can do a lot of damage, as we all have experienced.
Esyn: People that want to see GTE down, probably a legal shorter at this point. I notice that almost every day the last trade is down trying to ensure that GTE closes lower. Hummmm
I really hope you are right and respect your comments. But we are now playing with the 500 pound gorillas and they don't need any ammunition - they fire at will with whatever they think will bring down a competitor that threatens their empire, true or false. If no consequences, no reason to worry about the truth. We will see in the next several years. I am very strong on GTE and believe in what they are trying to achieve. But, we have to be realistic about the forces arrayed against our success - that's the issue. GTE cannot allow itself to be perceived as weak against these predators. Hope I am totally wrong about this, but I think the battle has just begun.
gilbert1, remember when we were trading at 3+ and all the libel articles/bogus lawsuits started to surface? Sp dropped to .75. Same thing will happen at 10 - the libel articles and bogus lawsuit will begin again and the sp will plummet to who knows where. That's the issue to me. Such abuse will always be there, but some will possibly withhold their libelous garbage if they know GTE takes "real" action against such issues. I realize not all will go away, just some possibly. It's like you and I - if we know that there is a consequence for what we may say against another person (libel comments) and we both know that this person will file suit for libel against us, we would probably think twice about what we say. I know I would. And BTW, I sent my suggestions to "grapes" ref this very issue and I hope it makes the cut list for question to be sent to GTE for response at the SHM.
ADDED: You mentioned that this a good time for institutions to get involved. If I was the manager of an institutional fund, I would not get involved with GTE without some resolution from GTE as these libel issues. A counter lawsuit might be a confidence builder to help make that decision to invest. IMO
gilbert1: I agree that the suits will go no where, but they are certainly not a "non issue". Their mere presence helped to trash our sp to unbelievable lows and has most likely put doubt in a lot of "would be" and possibly institutional investors. So, this is a very valid issue to address at the SHM as to why GTE has not nullified all issues as to their validity. I still think a counter lawsuit would show potential investors that GTE will not tolerate false accusations against the company in any way, even if such a counter suit never goes anywhere. To me it would be a signal to Investors that GTE is clean and takes action against libel. If no action is ever taken, more abuse will flow and continue to damage our sp, no matter how high it goes up. It's like the bully in the playground - he will continue to knock your block off until you fight back. The abuse will continue until GTE takes real action, not just a tough sounding PR response. IMO
Appreciate the link nilremerlin. Good find. Looks like it is an analysis effort on the part of Delta AeroScience. Would be interesting to get IR to clarify or give some more info on this project. It was certainly a new bit of info as it was unknown to me prior to the conference. Thanks again.
siriuslyricher: Good points for sure. You mention "No thinking person can listen to today's technology conference presentation and conclude that GTE is anything but an incredible conglomerate of interconnecting businesses (the SuperHub) with unlimited potential". The issue is, how many investors do their own DD (thinking person) and not just listen to the lies put out in the press? So, their garbage has definitely damaged the sp. I just hope GTE goes after them. If not GTE then the SEC. We can only hope.
I agree that these suits will never go forward and we do need tort reform where tort cases have the filing plaintiffs pay the defendants court costs if later found to be frivilous. But the lawyer lobbyist control Congress and tort reforms such as above have been attempted and failed. Maybe if the lawyers lose power with the Senators and Congressmen et al, laws may be changed. But, we better not hold our breath as too much legal lobbyist money sways our leaders that we rely upon to watch out for "the people's rights".
db_ill_invest: Thanks for the link. Problem is, this ruling on March 22 has not stopped the 3+ law firms from filing their class action suits against GTE, trolling for lead plantiffs. By their very action they damage a companies stock, merely from the appearance of potential damage from such a suit. So, there can be laws on the books and rulings from the courts, but they don't seem to stop the practice. No overview and enforcement of the laws doesn't help honest companies. Perhaps the laws need to prohibit such filings is the first place and impose penalties on law firms that continue to ignore the laws. At least it is a step forward, but to me it's like the SHO reg for the SEC. To date it has been meaningless and not enforced. So, no real benefit from the law as sad as that seems. Just IMO.
Yes, but too late - can we imagine how much damage these crooks have caused honest companies with their phony suits? Too little too late - those companies that are no longer in business have no recourse now, and their investors have lost all. What a tradegy. Problem is, there are many more like these crooks still allowed to practice phony law, ie trolling for lead plantiffs in trumped up law suits against American Industry. At least they may stop one of them, it only took 6+ years. IMO
mide: The 500 lb Gorillas have not been staying awake at night trying to figure out how to sabatoge this company. They have been active for months trying to kill this company. I noticed when the NY bank "error" was completed on 5-17, the volume has shriveled to the levels we are now experiencing. To me it shows that the illegal naked shorts have temporarily left the building - for now - as damage has been done to the sp. We have been engaged with the gorillas for some time now, IMO.
itsjustme: Also, in the comments by Huff on this subject, if I heard it right, he refered to the Government as testing this technology in the forest etc. And yes it is mind boggling as to the possibilities of a tower in the sky. Move over Rupert!
siriuslyricher: I picked up on that also. Sounds to me like the Hotzone technology has additional capabilities for being able to pick up sensors or signals used in border patrol areas. When in VN we flew missions in I Corp area to pick up enemy troop movements on the ground from radio sensors planted in specific areas. While that technology is old now, it may be an additional Hotzone use today as relates to specific RF sensing abilities. Huff did mention is specifically. Very interesting new information.
Another interesting point Huff made about the Hotzone assemblies. All component boards are fed out to subs in Greece, Mexico, US, India, etc. Sounds like GTE does this to keep the technology safe so no one sub could put all the pieces together. Just a thought.
Leaving the AMEX and this current specialist and moving to the NAS (wishful thinking). That is one issue I think will give GTE some hope of price stability and possible growth. Ever since appearing on the AMEX over a year ago (May 23, 2005), this stock has been under continued attacks on many fronts which have successfully driven the price so low that few new investors may want to take a chance to invest as GTE may be viewed as too risky and volatile. I feel that even with great announcements in the immediate future there may be little impact on bringing up the sp. We have a problem with more than just revenues, such as illegal naked shorting, an SEC that fails to protect small companies from illegal naked shorting and bear attacks, outside influences such as Jayson, Byron, and possibly people like Murdoch et al, as well as a firm we deal with on the AMEX that is questionable according to past legal problems. It's getting depressing but I still am long and hopeful in spite of it all. This is IMO only.
lowtrade: If you have any doubt that Murdock doesn't know about GTE think about this. On 5/17 BONY made their "error". Then the Byron article, then the PR that Murdock had solidified the Latin America Dierect TV deal along with Mexico, locking up 72% of the TV availibility. Then the Hughes PR about Wimax in Russia and Colubmbia. And BTW, a day before the Murdock PR, GTE stock began trading in a normal range, sans the massive shorting effort. Too coincidental for me. JMO
straightup: Unfortunately we are all on the "Outside Looking In" without any idea of what is and is not necessary to continue evolving the company properly. On the other hand, our representative management within GTE in on the "Inside Looking Out" and I think they have a much more objective and firm hold on what is required for the future to increase shareholder value. So, all the speculation about the use of the new shares is just that - speculation. For GTE to announce what the shares "will" or "will not" be used for would be suicide in a competitive market like the one we are fighting to survive in.
The idea that GTE is going to buy a "new" venture is really not grounded in fact, just concern. But, if GTE buys another kind of "Hotzone" or "Strat" with the shares all I would say is "Way to Go". IMO
jfburk: I'm sure you have noticed that the posters which constantly ask all the "doubting" questions are new to the board, ie like joined around 5/8 - most have no idea of what GTE is all about and are here to cause doubt. Do like many others on the board do - don't engage in dialogue to prolong their doubting opinions. Most know the agenda and who these posters are. BTW, I also support the increase in shares to 250MM as it is the only way GTE can position itself for future growth and necessary new aquisitions. You are right on target. IMO
He probably feels that he was the "inventor" so to speak and thinks that it is fair to put the information, as such, on his site - and as you say for fluff to attract other projects to his company. I wonder how much, if any, the Sans II design has changed to date from the picture on his site since initial construction began? Will be interesting to finally see the Sans II design.
Jim - I think you are correct. The Sanswire concept was purchased for stock from Konig's company and he remained with GTE until NASA people took over in early 2005. He left GTE at that point, if memory serves me correctly. He may be still involved with the program. If this is in error, others please jump in.
mide: This company could have been an initial outside contractor paid by GTE for prototyping, initial construction of Sans I etc. Now it appears that GTE , along with NASA engineers (Jones et al ) are doing the total Sans II airship, possibly with their help. Appears that GTE is owner as "The project was later taken over by NASA engineers and moved to better facilities in Palmdale, CA. The vehicle is scheduled to begin flight testing at Edwards AFB in June of 2006." JMO from the read. But it is quite interesting.