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Is Rob Bleckman honest with shareholders?
What a joke, Relayed for posting to Mide just this week.
Posted by: mide
In reply to: griff100 who wrote msg# 50390 Date:11/8/2006 6:15:38 PM
Post #of 51214
"RobbyGTE: today's action should NOT affect the timing of the Q3 release."
Posted by: mide
In reply to: pokestake who wrote msg# 49991 Date:11/5/2006 5:54:48 PM
Post #of 51214
In a conversation I had with Rob Friday, the company has selected to go another route other than FSS for India, that is far superior.
Who I don't know.
Holein1, I am not supprissed. Most executives I know don't drink beer, but this is GTEM and its their hand selected executives.
nerd86Why don't you start a company, take it public, spend everything you have getting it going then allow me to come in at your IPO and sell a bunch of counterfeit shares."
Now that is what GTEM did as their first mistake. Issuing stock to try to become successful.
If you are going to start a business, say a tire business, you don't start with car tires, the big boys will blow you away, you start with a wheelbarrow tire, once successful you move on from there. Gtem took on too much without even having one successful product.
You start a successful company by first being profitable, then you issue an IPO for growth and expansion, you draw a nice salary, and own over 50% of the shares. If shorter's come around your success, will force them to buy back at a higher price. If the expansion isn't profitable enough and the stock tumbles, you take it private. You have to be shrewed and always have an ace up your sleeve.
Are you and Mide the official spokesperson for Rob?
You can go back and look at the past posts of both of you and see nothing but things that never happened and at the same time check out how the stock has tanked. Both of you liked this company because of the distinguished management, where are they now? You don't do DD by listening to management.
"Naked Shorts don't kill good companies, good companies kill naked shorts"
-- Mark Cuban, Owner Dallas Mavericks
I have to remotely assume Mr Leder is a qualifed professional replacement who would know what was going on. Then again maybe he isn't. I guess in your opinion when someone is a replacement they don't have to know anything.
Klaus Bonn, who left the Company on October 31. Mr. Leder joined GTWE in October 2006,
Two people there at the same time and one doesn't know what the other is doing. Strange Mr Leder didn't know his company filed for bankruptcy.
I would assume when Mr Leder is done evaluating the projects he will decide if the bankruptcy should remain intact seeing how this major question was not addressed in this press release..
"Currently, Mr. Leder is evaluating the projects under GTWE's management, including the current state of the Heilbronn network, and will make recommendations to GlobeTel management regarding future strategies and actions."
Divide and conquer. A commotion started with German bankruptcy while we are giving away Magic Money.
Everyone will be happy when they find out no bankruptcy, meanwhile Gotham Financial & friends just robbed the bank.
Smart operation.
Here are 24 pumps for Magic Money:
http://www.findarticles.com/p/search?qt=globetel+magic+money&qf=free&qta=1&tb=art&x=...
So Caterham invests 10 million in Magic Money to give it away and has this board saying it's great? I am sure Caterham will get thier payday. I wonder what a high school business class would think? Anyone have a business they want to give me under those conditions?
GlobeTel Communications Corp. (OTCBB:GTEL), today announced the signing of the definitive agreement with Caterham Financial Management, Ltd., ("CFM"), a Malaysian company. This agreement replaces the Binding Letter of Intent that was signed in March between the two companies. The agreement calls for a $15 million funding package to provide $5 million in cash for working capital and $10 million in funding towards capital and equipment requirements to continue the worldwide deployment of the Money Magic program.
http://www.findarticles.com/p/articles/mi_m0EIN/is_2004_April_28/ai_n6002316
Don't trust Rob. Was the sale of Magic Money Stored Value Card business what Rob meant. He's very truthful---you think?
Message In Reply To:
In a conversation I had with Rob Friday, the company has selected to go another route other than FSS for India, that is far superior.
Who I don't know.
But we will know soon.
m
Skydragon
eqbeck,yesterday you posted on the other board (COULD YOU PLEASE TELL US WHY YOU THINK MASTERCARD WILL SHOW PROMISE IN THE NEXT QUARTERLY RESULTS? DID GTEM GET IT GOING? ) :
Posted by: eqbeck
In reply to: nerd86 who wrote msg# 29706 Date:11/1/2006 12:00:36 PM
Post #of 29774
hey nerd, everyone keeps ignoring Mastercard in this equation.
Notice the rev increase reported by MA this AM....also notice the percentage international. The quarterly should promise interesting results.
Nerd, That is what I said.
(also note at the shareholder meeting Huff mentioned the fact that it was a deal started with Russia before they purchased Hotzone.)
Rocketman, no matter how you look at it something stinks with all the hedge funds being represented on the board of directors of GTEm, some with very strong ties with the Russians. (also note at the shareholder meeting Huff mentioned the fact that it was a deal started with Russia before they purchased Hotzone. That is suspect right there, who would sell a company so cheap with a possible 600 million deal in the works?) Out of the clear blue sky comes a group of Russians who were supposedly into oil and later found out they were not, the office location was not theirs and had very little known money. After the initial 150 million was not paid and the share price started to drop Iternafta claims they will give 300 million, and the share price jumps up again. I have a deep conviction the Russians had some inside help from within Globetel.
In your scenario who would have made the money by selling and shorting?
The question is who set up the Russians to go after Huff and Globetel? Who really organized them?
I think the class action lawsuit will be settled out of court. Too many big names involved.
My thought, I don't think it matters if the agreement was binding or not.
I think the scam was within GTE. I also believe Huff was just a front and took orders from others, (without him knowing he was set up long time ago for the sting).
Lets see you have:
Rubikon Partners with GTE directors: Dorian Klein,
J. Randolph Dumas, , Thomas McLarty Leo A. Daly and Ferdinando Salleo, who from 1989 to 1993 he served as Italy's Ambassador in Moscow. You know when the going got tough, they are gone.
Caterham Financial Management with Przemyslaw L. Kostro, who was involved in one of the biggest securities scam in Australia .
Possibly a partnership in the 2 above.
I don't think it was HBK involved in this.
Spyster, here is the link it was in the san2 test PR.
Additionally, Sanswire is preparing to file provisional patents covering the intellectual property associated with the airship, and upon accomplishment of that objective, a priority for the Company, it will organize an invitational media day, presently anticipated for late October.
http://biz.yahoo.com/bw/061019/20061019005575.html?.v=1
What has changed since I asked questions about GTE on 12-14-2005.
Remember, 2006 was the year they were to prove themselves. They proved themselves going backwards. Nothing worthwhile accomplished. IMO
http://www.investorshub.com/boards/read_msg.asp?message_id=8880644
Any comments on where the money will come from to carry out the tasks Gte proposes? They stated they would be close to cash flow positive, any ideas when? They stated over a year ago about the Sanswire launch,any ideas when? They were to have a showing of the completed Stratellite and showed a shell, did they actually know what they were doing from the get go? Have they actually proved the Post article 100% wrong? The letters of intent, are these letters generating any money? How long can this company actually last with the high payroll expenses and escalating costs of the Sanswire project without a launch soon. The other divisions are not yet living up to their expectations to fund this project. Without the successful launch of a stratellite will the letters of intent mean anything?. What actually came out of the 2 shows that did any good? has there been any contracts yet? While I am happy to see this stock go up I have to ask why? With the potential dilution of a possible 10 million more shares hitting the market what will be the effect? When do you think they will be able to have everything put together and will they have enough cash to complete the projects? ,
A few posters here look at this company with kaleidoscope eyes and see tangerine trees and marmalade skies, cellophane flowers of yellow and green towering over with your head in the clouds.[/u ]LOL
I couldn't find a PR from the company anywhere ...so far.
Here is a question:
Suppose there is 78.68 million shares outstanding by the company but China, Russia, or anyone forged 30 million shares and delivered them to brokers making a total of say 108 million shares.
If the company wanted to go priviate and purchase all outstanding shares how would I know if my shares are real or not? Would the company have to purchase all 108 million shares? Has anything like this ever happened before? Anyone know or am I just being paranoid?
Are you talking about the poster on the Yahoo board poolguppy who went to the concert and after show who spoke good things about the product? If that is the case what worries me is why didn't the press come out with something as he stated many were there. I would like to ask him some questions but I do not want to get involved with the Yahoo boards..they bash the people and not the post.
Well anyway I am in with a decent amount and figure, what I got in for is a lot for a little and well worth the shot.
My style of picking stocks is to look for the negitives and see if the positives outweigh it. In this case they do.
GLTA
The balance sheet looks "real".
I agree on this as far as I can tell.
The product is apparently "real".
Many delays, if they have it, lets get it out. It needs to be out before Apple and other companies have it to get a good competitive edge.
Why is there no report from anywhere on the Clapton concert introduction of its product.
The president bought shares from the company with "real" money.
1-You still have to wonder why he had his boat reposessed if he has so much money.
2-$6.96 million in the escrow account is being returned to Mr. Knabb. It would show a lot of investor confidence if he would purchase stock on the open market at a low price with this money. Which I hope will happen.
Believe me I hope I am wrong and this company shoots up to $20.00. But Show me more and not just promises.
orlander, right, that is the problem and why the stock is at .30 no one has a clue what is going to happen, even the company has no positive product or clue. Proof was by Dumas letter to shareholders.
Nice to see the stock go up but be careful, no one knows for sure if this is a real company yet. But the fun should begin soon. Make money and don't be greedy. They could end up like Globetel (gtem).
If you trade this company as if is a scam you should do well and have no unpleasant surprises. Good stock to swing. Pegasus still has to show what they can do. Good Luck!
Asensio is shorting and they are very powerful.
http://www.asensio.com/Reports/CompleteRecordCompany.aspx?CompanyId=153&CompanyName=Pegasus+Wire...
Nice close, now we know some news will be out even if it is only where we will be trading. Anything else will be good for a nice pop tomorrow. I'm looking for $2.00 by Veteran's Day.
GLTA
Vern "Anyone here on this board with an IQ over 83 knows that miracles don't always happen overnight."
Miracles rarely happen as anyone with an IQ of 83 will know.
This company never got off the canvas to begin with.
From GTE's letter to shareholders:
CEO Tim Huff stated, "I have entered into this agreement with the Board because I believe the time has now arrived for the company to do what it has been preparing to do for the past three years: Produce new, technology-based revenues and profitability. The way to achieve these goals is by aggressively executing the business plans for each Division."
All the bashers from GTE that came here are eating crow right now. If it is any consolution Tern is now worth 4 times more and GTE is delisted to the pinks. Even Rocky gave up on his website.
Sorry Marshy this should have been in reply to Seabass.
This has got to be the most boring company I have ever owned. I called IR. a few times the most information I ever got was telling me where they were exhibiting at shows and the company will release earnings when they are completed. I am just glad I sold when I did and bought more under $1.00 but not to sure if I should get out now but I will wait until Nov. 7th which will make it 1 year that they were overdue on their earnings reporting. On the pinks they have to report earnings once a year. What happens if they don't. Do they get delisted? If so then where do they trade? I don't know because pinks are something I never invest in and am not familuar with.
GLTA
Jburk look at both sides of the coin.
For the continued pumping of this company by many I see no purpose and have yet to get an answer from those that continue to post the positives as to their reasons for doing so.
Take your pick
For the continued bashing of this company by many I see no purpose and have yet to get an answer from those that continue to post the negatives as to their reasons for doing so.
taylorbabe, thanks for posting the information. You said:
"He said that the picture of the STRAT looked different because he used the "AP" selection for the conversion, also said he had to lighten it up because it was a dark picture."
What do you suppose Bleckman meant by "AP"?
Artist Proof?
I would also like to commend you on one of your earlier posts about your personal dealings with the Russians. If you look at the reply back then we were both right on.
Best of luck to you!
eqbeck Could it be you are wrong? Or is that impossible. You can see I didn't make any slanderous remarks to the poster, only the post.
Posted by: eqbeck In reply to: followingte who wrote msg# 47360 Date:10/19/2006 1:38:26 AM
Post #of 48037
followingte....are you daft or just working for someone that wants to buy centerline, like B of A.
Centerline was responsible for 99% of the 87.3 million (10Q's) in sales during the last 4 quarters and the only division now profitable , albeit 1.9% at the moment.
In fact with the recent software upgrades we are no longer losing value due to the previous inabilty of our capture software to keep up with Mastercards dramatic international growth....or has the activity over at MA escaped your exceptional observation skills.
Sheesh! Maybe too much TA for this side but that's just a ludicrous suggestion.
eqbeck some information about the company you invested in.
Centerline has nothing to do with Mastercards, it is prepaid phone cards, as you say "dramatic international growth" Here is a couple of links to help you learn something.
http://www.globetel.net/products-services/carrier-services.html
http://www.globetel.net/products-services/stored-value-cards.html
This is in response to your comment:
Centerline was responsible for 99% of the 87.3 million (10Q's) in sales during the last 4 quarters and the only division now profitable , albeit 1.9% at the moment.
In fact with the recent software upgrades we are no longer losing value due to the previous inability of our capture software to keep up with Mastercards dramatic international growth
Nerd86, I know you are very smart and have a good handle on this company as I see from your previous posts. They have always survived and most likely will survive for the companies benefit not the shareholders.
http://www.investorshub.com/boards/read_msg.asp?message_id=14126920
Nerd86 In the broad outlook of things delisting and investigated by the SEC certainty has to do with creating the Strat. its called financing. What will it take to get say 10 million now and what would it have taken to get 10 million a few months ago.
OUCH!
Beyond a doubt GTE has accomplished more then Lockeed.Here is a bakers dozen of reasons.
Just in the last year in a half they:
1-Had a 15-1 reverse split.
2-Never as much floated a balloon unteathered.
3-Changed directors and CEO among other resignations.
4-Entered the Amex only to get thrown out.
5-Got the SEC to investagate them.
6-Managed to get themselfs to have to restructure.
7-More financing needed to continue operations.
8-Failed to get a single Hotzone paying customer.
9-Failed to get any income from Magic money.
10-Overall company not profitable dispite PR they would be
11-Managed not to get any government contracts dispite setting up a company with a DAV.
12-Had many more positive press releases.
13-Managed to lose 90% of it's shareholder value in a short period of time.
When you pat each other on the back for posts you want to hear you lose all sense of reality. Ask this question to 100 people and ask who is ahead and who they would bet their money on.
Lockheed-Martin a multibillion dollar high tech conglomerate with millions of dollars in government contracts towards placing a craft in the stratosphere. This R&D done in Feb.2006.
http://www.aviationnow.com/avnow/news/channel_awst_story.jsp?id=news/020606p2.xml
Globetel/Sanswire a company under reorganization, delisted from AMEX, under SEC investigation, whose main source of revenue comes from the wholesale of phone minute calling cards and issuing more shares of stock. A self proclaimed "years ahead of everyone" in their Strat. getting to the Stratosphere who has yet to float ANYTHING untethered or even show anything near completion. Not even a government sub contract in spite of all their efforts.
http://biz.yahoo.com/bw/061019/20061019005575.html?.v=1
Who knows, Sanswire 2A Technology Demonstrator could be a 10 foot scale model of the Sanswire2 Technology Demonstrator .
Crash here is proof Lockheed is ahead of Sanswire.
I guess you didn't put much of an effort in to find out yourself.
http://www.aviationnow.com/avnow/news/channel_awst_story.jsp?id=news/020606p2.xml
Lockheed Martin's Secretly Built Airship Makes First Flight
By Michael A. Dornheim
02/05/2006 09:06:00 PM
SKUNKS WORKING
Lockheed Martin Advanced Development Projects is making perhaps the first realistic tests of a hybrid airship--a concept that dates back many decades but that is just now being tried at a significant scale.
The Skunk Works had secretly built the craft and hoped for a quiet first flight at its Palmdale, Calif., facility, but a few passers-by noticed the strange object in the sky.
The Defense Dept. is showing interest in two categories of airships--those that can carry large cargo at low altitude, exemplified by the Defense Advanced Research Projects Agency (Darpa) Walrus program, and those that can operate in high-altitude low-wind conditions and remain on station for long periods of time. The configuration of the Skunks Works ship indicates it is the former--a hybrid heavy-load carrier.
The interest is across the services and the notional applications are diverse, ranging from logistics--delivery of an integrated fighting unit within theater, for example--to sensor, communications and even laser-weapon relay platforms.
But airships aren't there yet. Major unresolved issues could derail the airship dream, such as their traditional delicate ground handling, and possibly prohibitive economics and vulnerability. These issues have been debated endlessly on paper, and now Lockheed Martin, a prime airship proponent, is investing to seek real answers.
A hybrid airship derives most of its lift by being filled with a lighter-than-air gas such as helium. Overall, it is heavier than air and gains the final 20% or so of lift by flying like an aircraft, but with slow takeoff and landing speeds that allow operations from short unprepared strips.
The Skunk Works made the first flight of its "P-791" testbed on Jan. 31 at its facility on the Palmdale Air Force Plant 42 airport. The manned flight was about a 5-min. circuit around the airport in the morning and appeared to be successful. The company did not announce or want to discuss the flight.
The P-791 is not part of a government contract, but rather an independent research and development project by the Skunk Works to better understand airship capabilities and technologies, such as materials, a company official says. However, it may also be a quarter-scale prototype of a heavy-lifter.
TO GAIN MORE SPAN TO ACT LIKE a wing, the P-791 is three pressurized lobes joined together. An observer of the first flight says it was about the size of three Fuji blimps blended together. The Fuji blimp, a Skyship 600 model, is 206 ft. long. That suggests the P-791 would have a gross lift of roughly 3-5 tons.
The observer saw the craft performing very tight 360-deg. turns while taxiing. It made a brief takeoff roll, climbed to a low altitude, made a few banks--including a long sweeping turn--then came back and landed. The landing approach had a nose-down body attitude that levelled for the flare. The flight was very smooth, the observer says. The craft was flown by P-791 Chief Test Pilot Eric P. Hansen.
The speed of the testbed was estimated at about 20 kt. A full-scale version would be able to go much faster, over 100 kt. Lockheed Martin has long proposed a large transport airship, at one time called the Aerocraft, which was halted around 2000 (AW&ST Feb. 22, 1999, p. 26). That design was about 800 ft. long and was to carry 1-1.2 million lb. at 125 kt. The Skunk Works was one of two contractors to receive one-year, $3-million Darpa contracts in August 2005 to study Walrus. The second Walrus phase would be a three-year demonstration effort.
Hybrid airships have a long history. The Aereon Corp. in New Jersey started experiments in the late 1950s, but they were small scale (see www.aereoncorp.com). The company tested the "deltoid aerobody" shape, also called a deltoid pumpkinseed, with a 1,200-lb. manned demonstrator in 1970-71. That was followed by several studies funded by the military at less than $1 million. In the U.K., the Advanced Technologies Group built a 40-ft.-long unmanned SkyKitten hybrid airship and flew it in 2000 (AW&ST Sept. 23, 2002, p. 30). Nothing in the field has progressed to the size or apparent sophistication of the Skunk Works testbed.
The P-791 uses four air cushions as landing gear, located on the outer lobes. Taxiing the vehicle could be like flying a hovercraft, except one with greater exposure to winds. An advantage of the air cushions is they could be reversed to suck the aircraft onto the ground to resist winds for cargo operations. Air pressure may also be the best way to spread landing loads into the inflatable structure. It's not clear if there are any devices, such as wheels, to keep the airship from sliding sideways when taxiing in crosswinds. The craft has a special towing system.
GROUND HANDLING IS A MAJOR ISSUE facing hybrid airships. Conventional lighter-than-air craft require large ground crews and, because they are especially sensitive to winds on the ground, the airstrip is an area ripe for accidents. Hybrids are only slightly heavier than air, and a hybrid must show large improvements in ground handling over a standard blimp to be successful. The P-791's current limits are to remain in the hangar if winds are above 5 kt., and there is a 10-kt. limit for taxiing and flight. That could restrict its flight test in windy Palmdale. It's not clear how the pilot was performing the balletic spins on his taxi-out--whether purely with vectored thrust, or by spinning around one sucked-down air cushion, or other means.
The P-791 appears to have four propellers--two at the tail and two on the sides. The tail units appear to be able to pivot for yaw vectoring, and it's unclear if the ones on the sides can move. One knowledgeable individual says there are four vectored propulsors used for ground handling, but it's not clear if these are the main propellers, or separate units perhaps connected with the air cushion system. The rings around the motors may be shrouds for the propellers and/or gimbal rings for vectoring. Vectored thrust can be useful for lighter-than-air blimps, which lose conventional control authority as they approach zero airspeed while landing, but a hybrid airship lands with some airspeed that may keep the tail control surfaces effective. But for control during low-speed air cushion taxiing, vectoring would seem essential.
The P-791 appears similar to the proposed full-scale version of the British SkyKitten, called the SkyCat. They have similar overall shapes--though the Skunk Works design is wider--and similar propulsion layouts, and both use air cushion landing gear. Perhaps the two programs have people in common.
One of the partner names on the side is TCOM, which makes aerostats and envelopes for airships.
"Hybrid airships have been the subject of studies and questions for half a century," one expert says. "Now it stops being hype and they will meet reality."
Ken, I think you hit the nail on the head!
If strong followers of GTE cannot determine if it is real photo, how can you expect anyone else.
Crashtestsuperstar, here is a link to see if you have a case:
http://www.lawcash.com/claim/report-a-fraud.asp
Justfrank, Rob answered your question: "why nothing from Bob Jones in the News Release".
I don't see an answer to:" Bob is still with Sanswire is he not?"
I guess we will have to "assume" he is still there.
Cole, I would like to contact the company GTE uses to shred documents and find out if business was more then usual the past couple of months.