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Hey genius?...
correct spelling....genius..geniuses
How ironic, eh?
LOL
Morning Anglr,
gee, I hope they come up with a name more positive than those..lol
(trout fishing was picking up, now 10 degrees moves in..)
no clue, and you?
st,
are you guilty of violating CVIA shareholders with your relentless BS?...
a game that is not working..
"a meaningful post?"
that would be the start of something new, you don't want that...
You, the KING of thousands of meaningless posts and threats dare ask if my post was meaningful?...Let's go to RB so I can tell you what I really think, OK?....:)
"Unfortunately everyone takes me seriously now."
lmao
Hi, my name is James. If a company accepts me as a loan broker and works with those I recommend, things are pretty much ok. If they snub their nose at me I will become a whistleblower...lol
It's a free country and they chose another source?..
bltra,
Welcome, not much goes on here but remains a venue when RB is down. Thanks for stopping by..rock
ST,
Civil? I thought I was being very polite. That post was based on what I consider to be facts. If over the years your "management better do this or else" statements have ever got to first base, please list them and I will gladly retract my statement. Thanks and have a good day...rock
st, so let's take it up at RB?..lmao
How many years have you used these boards to throw out threats to current and past management? To my knowledge not one of your threats has amounted to a hill of beans!!!! I really don't think anyone hanging around these boards is the least bit impressed with your continuous hot air threats. Step up to the plate and go get them, we don't need to hear about it..
all imho, have a good day..rock
He's just testing you jas...:)
Morning Eugene, John and James P,
It appears as though the dead wood is being cleaned up? Looking forward to seeing what is next. Hope all is well with you guys...rock
What's the problem?
Source: GlobeTel Communications Corp.
GlobeTel Announces Personnel Updates
Tuesday December 16, 8:00 am ET
MIAMI, Dec. 16, 2003 (PRIMEZONE) --GlobeTel Communications Corp. (OTC BB:GTEL.OB - News), today announced appointments to its growing staff in Europe.
Chris Tooley has joined GlobeTel as Country Manager for its UK operations. Mr. Tooley entered the Telecommunication and Information Industry in 1988 as an entrepreneur in the deregulating telecom industry and is today noted as a pioneer in prepaid telecom in the United Kingdom. He founded Unitel Communications in 1994, a company that continues to have strong operations. In 1999, he co-founded the European Calling Card Services Association (ECCSA), of which he is now the Chairman. The ECCSA represents companies selling over $750 million per year of prepaid calling cards in the UK and Europe and is leading the ethical and regulatory cleanup of the market. Mr. Tooley was educated at Oxford University where he earned his Bachelor's and Master's Degrees in Economics and Modern History.
Christof Schindler joined GlobeTel Communications Corp as Country Manager for Germany. He has 11 years of professional experience in the telecommunications industry and holds a degree in Electronic Engineering at Ruhr-Universitaet-Bochum, Germany. He was previously Managing Director of Sonera Deutschland GmbH, a 100% subsidiary of Sonera Carrier Networks Oy., Finland, the former Telecom Carrier of Finland. He successfully established Sonera's wholesale business in Germany including staff, interconnection contracts, network, switch, routing and billing. Previously, he was Managing Director of IDT Germany GmbH, a subsidiary of IDT Corp. USA (NYSE:IDT - News). He successfully built the company's business from start-up including its carrier wholesale and debit card operations.
Timothy Huff, CEO of GlobeTel Communications Corp. stated, ``We are pleased to add such experienced and capable professionals to our growing GlobeTel family. Both Mr. Tooley and Mr. Schindler are highly connected in the industry and well respected for their abilities and accomplishments. GlobeTel plans to initiate the distribution of the Money Magic Card and the IP Telephony Services in both of these areas and with people like Chris and Christof, it will certainly add to the successful launch of these products.''
GlobeTel also announced that Mr. Mark Stewart, who had previously resigned as CEO of Advantage Telecommunications Ltd. and its subsidiaries, has also resigned from the GlobeTel Board of Directors.
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Placement Act of 1995. The words ``forecast,'' ``project,'' ``intend,'' ``expect,'' ``should,'' ``would,'' and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. The above are more fully discussed in the Company's SEC filings.
Contact:
GlobeTel Communications Corp.
Ph: (305) 579-9922
Fax: (305) 579-9930
email: shareholder@globetel.net
--------------------------------------------------------------------------------
Source: GlobeTel Communications Corp.
Email this story - Set a
sailorpatp,
Glad you stopped by...Actually a very quiet place, to quiet...lol Need to do some updating here but I have been waiting for GTEL to update their site first!..:) That seems only fair. Hoping the Company can launch itself with the VoIP
craze coming online...Good luck to you and welcome!..rock
Deloitte Names GlobeTel to the 500 Fastest Growing Technology Companies in North America in 2003
Tuesday December 2, 8:00 am ET
MIAMI, Dec. 2, 2003 (PRIMEZONE) -- GlobeTel Communications Corp. (OTC BB:GTEL.OB - News), today announced that it ranked Number 27th on the 2003 Deloitte's Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America.
ADVERTISEMENT
``Achieving sustained revenue growth over the past year is a tremendous accomplishment during a difficult period for the technology sector,'' said Mark A. Evans, national managing partner of Deloitte's Technology, Media & Telecommunications Group. GlobeTel's phenomenal growth puts it in select company.
Timothy Huff, CEO of GlobeTel Communications Corp, went on to say, ``We have worked very hard to put the correct pieces together to give GlobeTel a chance to grow. 2003 is a reconstruction year for GlobeTel and we feel that 2004 will be the year to show what sets us apart from other telecom companies in the Telecom marketplace.''
About Deloitte
Deloitte, one of the nation's leading professional services firms, provides audit, tax, financial advisory services and consulting through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte has been recognized as one of the ``100 Best Companies to Work for in America'' by Fortune magazine for six consecutive years.
To view the entire list of the Fast 500 please click on the link provided http://www.fast500.com. You can read the hyperlink for named Fast 500 Article or for the list of 500 companies that won the award click on Fast 500 List.
To view the shareholders letter detailing the goals for 2004 please click on the link provided http://www.globetel.net/letter.htm
Additional information concerning other areas and topics of GTEL can be found on our web site at http://www.globetel.net.
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Placement Act of 1995. The words ``forecast,'' ``project,'' ``intend,'' ``expect,'' ``should,'' ``would,'' and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. The above are more fully discussed in the Company's SEC filings.
Contact:
GlobeTel Communications Corp.
Ph: (305) 579-9922
Fax: (305) 579-9930
email: shareholder@globetel.net
--------------------------------------------------------------------------------
Source: GlobeTel Communications Corp.
Email this story - Set a News Alert
I think what they meant was a 250MM run rate by year end 2005?
Who knows...
carpie, we have had many shareholder letters with statements from management that never came to be. We can only hope they prove themselves in the market place.
The following two statements from the letter caught my eye. They are saying by Dec.31st of next year revenues of $60MM, 90 days after that $190MM more? Seems extreme to me...
"GlobeTel hopes to ramp to a $60 million revenue run rate by the end of calendar year 2004."
"By first quarter of 2005, our goal is to be in excess of $250 million dollar annual run rate."
December 1, 2003
To Our Valued Shareholders,
I came to the company in May of 2002 with a three year plan. With help from the Senior Management of GlobeTel, we feel that we are ahead of schedule in transforming GlobeTel into a company that has substance and purpose.
Before I go into our plans, I would like to address the IPW transaction. This was a transaction that we started in the spring of 2002. It was meant to be a way of partnering with a company to be the Asian Gateway for GlobeTel. We have been through a lot of surprises in this transaction. To say that both sides haven’t gotten what they started out for is an understatement. But the management of IPW and the management of GlobeTel still believe that this transaction will benefit both parties. A new shareholders meeting will be called for IPW by year’s end and the listing process will move forward based on the outcome of that meeting. GlobeTel has secured new investors that have placed the necessary money within IPW to clean up its creditor situation and give it the resources to complete the listing process. Even though we still believe that IPW can achieve its goals, we felt it necessary to write the asset down until the goal is achieved. Our future is not based on IPW and if IPW is successful, then great, our balance sheet will gain a new asset and our new partner will give us a platform to launch new projects into the region. If IPW doesn’t succeed, then our balance sheet is reflective of the current situation and we will continue to grow other relationships in the region. Our network revenue is still profitable and with the new projects being launched in the fourth quarter, 2004 is shaping up to be a banner year for the future of GlobeTel.
I would like to take a few moments and go over the three year plan, give you a status on were we are in reference to the plan and give you our goals for the future. First, the three year plan was to address the reconstruction of the company’s corporate structure, business concepts and strategies, investor strategies, market maker support, revenue growth, PR relations, stock exchange membership, and shareholder equity. It is important for shareholders to understand that we are currently in the OTCBB. In this marketplace, our shares are handled much different than companies listed on the NASDAQ or the New York Stock Exchange. We need to grow into a company that can move to one of these “Big Boards”. To do so, we need to have substance and meet certain criteria to gain access to these markets for our stock. Besides the criteria, we needed the right investor group who would back and invest into the company’s business plans, and the right market makers that could tell our story to the new investors.
Year One, GlobeTel focused on the corporate structure of the company and business concepts and strategies. May of 2002, GlobeTel was then ADGI (American Diversified Group Inc.). ADGI was incorporated in Nevada and had issues related to its by-laws. The shares issued under ADGI were in conflict with the by-laws and needed to be corrected. In July of 2002, ADGI by a vote of its shareholders reincorporated to the state of Delaware and into a new company named GlobeTel. This was a very expensive and time consuming process, but was necessary to be able to start to attract investors that GlobeTel needed to invest into its business strategies. This brings us to our next accomplished goal; business concepts and strategies. GlobeTel in the summer of 2002 needed to reevaluate its business partners and business strategies. We reconstructed the networks currently in operation and started relationships with global partners who had the wherewithal to help us grow as we produced. At that time the company’s network revenue was a little over $3million a year with $1.2 million in losses. A year later, the company now has revenues of $3million a quarter with profits. I realize that shareholders want more, but in this sector and in this economic climate, we feel that this is a very good turn around in one year.
Year Two, May 2003 to May 2004, the focus of this year was and is to develop investor strategies, market maker support, revenue growth and PR relations. As stated, without sophisticated investors, GlobeTel would never be taken seriously by the larger market makers. Without the support of sophisticated market makers, GlobeTel will never be able to break free of the constant shorting that plagues the OTCBB. To date, GlobeTel has secured multiple million dollars in funding over the past 18 months. We have secured funding that will be used to deploy the company’s 2004 projects. These projects will launch GlobeTel into retail sales and the global telecommunications marketplace. With this funding, GlobeTel hopes to ramp to a $60 million revenue run rate by the end of calendar year 2004. Major projects and acquisitions will launch us into a larger visible arena and be the stepping stone to move to “The Big Boards.” In the next few months, market maker support and a professional PR campaign will be launched. Along with our revenue growth in 2004, we hope to be able to apply to a larger exchange by the fall of 2004.
Year three, by taking the substance that we have built over the past two years in the summer of 2004, we will start the move to a larger market for our stock. Year three is about building shareholder equity. Our business concepts will start to prove themselves and the results of our hard work will be evident. By first quarter of 2005, our goal is to be in excess of $250 million dollar annual run rate. We plan on doing this by coupling traditional telecommunications services with non-telecom related products. With the use of IP as our delivery network, we plan to deploy services from banking, education, telemedicine, rich content (such as video and other streaming content) and market reach information data. We feel that the future of telecom is not just voice and data but the delivery of products and services by the use of high quality, low cost network.
To say that the management of GlobeTel is excited about the upcoming year is an understatement. November and December of this year will see the domestic launch of our Money Magic Card and the start of retail US sales. GlobeTel will start to sell on its website a low cost IP box that will allow customers to access our network from anywhere in the world with only an internet connection. Our major contracts, with the new secured funding, will start to grow the company into the vision that we all share here at GlobeTel. We will start the shareholders meetings again in December/January. The first one will be held in California and then Boston. A complete schedule will be announced in January of 2004. The plan is to hold a meeting every other month to keep shareholders and the markets informed on our progress. I do understand the need to be kept informed. In recent months, I have received several calls and emails wanting more information to be released. I assure you that we will release information as it occurs
Best wishes,
Timothy Huff
CEO GlobeTel Communications Corp
Press Release Source: GlobeTel Communications Corp.
GTEL Announces the Launching of European Operations and 2004 Plans
Monday December 1, 8:00 am ET
MIAMI, Dec. 1, 2003 (PRIMEZONE) -- GlobeTel Communications Corp. (OTC BB:GTEL.OB - News) today announced the launch of its European operations.
ADVERTISEMENT
GlobeTel is establishing European operations with the opening of its UK and German offices. Full operation is expected during the first quarter 2004. These offices will launch the Money Magic products, our new IP Telecommunications Box and carrier network traffic to begin in January 2004.
The launch of the Magic Money Card and the new IP Box will commence with the opening of the UK and German offices. The state of the art IP Box will allow users to make an IP phone call from anywhere in the world to anywhere in the world via the GlobeTel network. No software programming, expensive equipment or expensive phones are required. All that is needed is an Internet connection. A user simply needs to plug the IP Box in, connect a common household phone and then start dialing. This product opens up the GlobeTel network to everyone in the world that has Internet access and a telephone. More information will be provided on our web site in December concerning this product.
Timothy Huff, CEO, has released a new shareholders letter updating the company's three year plan and future revenue projects and goals for the company in the upcoming year. Click on the shareholders letter hyperlink to take you to the GlobeTel website to read the shareholders December Letter: http://www.globetel.net/letter.htm
Contact:
Globetel Communications Corp
Timothy M. Huff, CEO
305-579-9922
444 Brickell Ave., Suite 522
Miami, FL 33131
shareholders@globetel.net
http://www.globetel.net
--------------------------------------------------------------------------------
Source: GlobeTel Communications Corp.
Hello Diana,
I share in your doubts. If your re-read the letters to shareholders and all the SEC filings it would certainly substantiate a doubt or two. How many partners do we now have?
When last did we hear anything about most of them? Financing?
Borrowing 100K at 25% and signing up with the race driver are both signs od desperation, imo. Typical penny stock tactics. One year ago they PR'd that they were moving onto "better financing" terms. Do they really have it together? Time will tell. I am hoping for the best as I am sure you are also.
It would be nice if someone at GTEL could take a few seconds and UPDATE the website with the latest filing and PR, if they have time...:)
I was kiddding jas but thanks anyway...:)
Hello to everyone else posting of late...
jas, does it say 8 cents or 80 cents? I misplaced my bifocals!
thanks...:)
MIAMI--(BUSINESS WIRE)--Nov. 6, 2003--Globetel Communications Corp
(OTCBB:GTEL), today announced the appointment of Leigh Coleman as
President of GTEL and also the addition of Mark Stewart to the Board
of Directors.
Globetel's CEO, Timothy Huff, in concurrence with the Board of
Directors, appointed Mr. Coleman as President, replacing Dr. Jerrold
R. Hinton, who has been President of Globetel and its predecessor for
the past eight years. Dr. Hinton will continue to serve on the Board
of GlobeTel.
Leigh Coleman was previously CEO of an Australian public
telecommunications company, Tennyson Networks, Ltd. Prior to that, he
successfully established partnerships and joint ventures for American,
Japanese, Danish, Dutch and Australian companies. He was also CEO of a
major division for an internationally recognized Dutch public company
with substantial operations in the US.
Mr. Mark Stewart, is currently the Chief Executive and Director
(London) of Advantage Telecommunication Ltd. His background can be
viewed on the GTEL website at www.globetel.net.
Timothy Huff, CEO, of Globetel, states, "As a continuing part of
our growth and implementation of our strategic plans, the
strengthening of our management staff, to facilitate our plans and
goals are on-going and the addition of Leigh and Mark are welcomed and
necessary steps in this process. We welcome them into the Globetel
family of professionals."
Mr. Coleman stated, "I am excited by the three-year vision and
plan set forth by Globetel and believe my experience in US and
international markets will be advantageous and synergistic with the
opportunities afforded in Globetel. I look forward to this challenge
with excitement and anticipation and of course, working with the
Globetel team."
Diana,
no wind to move the GTEL sails. Been in a squall for quite a while now...gary
MIAMI--(BUSINESS WIRE)--Oct. 27, 2003--GlobeTel Communications
Corp. (OTCBB:GTEL) today announced another reinforcement of the global
launch of its Magic Money Stored Value Card in the signing of an
agreement with the On Q Group, http://www.onq.com.au, based in
Melbourne, Australia.
In announcing the agreement, GlobeTel's CEO, Timothy Huff said,
"The On Q Group is a leading transaction management company in the
Australian marketplace with a blue chip client base that will
immediately benefit from the recent introduction of GlobeTel's stored
value card program."
On Q Business Systems commenced trading in 1990, supplying
business software systems, integration, installation and support
services to the Australian petroleum industry. The On Q Group of
companies specializes in e-Commerce and business solutions through
products that provide clients with a "one stop" shop for multiple
solutions, or specific solutions, for specific needs.
The On Q Group's overall strategy is to focus on the development
of Internet based and electronic commerce solutions for the point of
sale interfaces between business and consumers.
Hal Christiansen Managing Director of the On Q Group of
Companies believes the Magic Money Card has many applications for
their customers. "We are excited about the potential the Magic Money
Card offers because it affords our clients financial card flexibility
and the opportunity to provide greater end value for their customers
and to increase their profitability."
Timothy Huff added: "The Magic Money Card program has been
successfully rolled out in the US, South America and Europe. Over
100,000 cards have already been issued and we are very excited about
introducing the card into the Australian and the UK markets." Huff
believes both companies have a huge opportunity with the Magic Money
Card. "Just like the US experience, the Australian card will offer
corporations and consumers access to a MasterCard style debit card
with an international calling card feature that is unique in the
Australian market."
More information regarding GlobeTel and the Magic Money Card can
be found at http://www.globetel.net
More information about On Q can be found at http://www.onq.com.au
Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private Placement
Act of 1995. The words ``forecast'', ``project'', ``intend'',
``expect'', ``should'', ``would'', and similar expressions and all
statements, which are not historical facts, are intended to identify
forward-looking statements. These forward-looking statements involve
and are subject to known and unknown risks, uncertainties and other
factors which could cause the Company's actual results, performance
(finance or operating) or achievements to differ from future results,
performance (financing and operating) or achievements expressed or
implied by such forward-looking statements. The above are more fully
discussed in the Company's SEC filings.
--30--PP/mi*
CONTACT: GlobeTel Communications Corp., Miami
Jerrold R. Hinton, 305/579-9922 (ext. 4)
305/579-9930 (fax)
e-mail: gtel@charter.net
KEYWORD: NEW YORK FLORIDA AUSTRALIA INTERNATIONAL ASIA PACIFIC
INDUSTRY KEYWORD: BANKING TELECOMMUNICATIONS SOFTWARE E-COMMERCE
INTERNET MARKETING AGREEMENTS
SOURCE: GlobeTel Communications Corp.
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Oct-27-2003 13:55 GMT
Symbols:
US;GTEL
Source
October 24th, ATC has withdrawn prospectus, terminated arrangements with Colt Financial, will proceed with GlobeTel
http://www.asx.com.au/asx/statistics/AnnHeadersForIssuer.jsp?ASXCode=atc&radiobutton=radiobutton...
Last 10 Trades
GLOBETEL COMMUNICATIONS CORP (OTCBB:GTEL) Bid: 0.029 Ask: 0.031 Volume: 3,143,500
Open: 0.029 High: 0.031 Low: 0.026 Last: 0.031 Change:+0.00
Last 10 trades
Time Price Volume Exchange Info
16:02:38 0.031 5000 OTCBB
16:02:02 0.030 25000 OTCBB
16:02:00 0.031 25000 OTCBB
16:01:36 0.031 5000 OTCBB
16:01:04 0.031 35000 OTCBB
16:00:57 0.031 10000 OTCBB
16:00:15 0.031 10000 OTCBB
16:00:04 0.031 10000 OTCBB
15:58:08 0.029 20000 OTCBB
15:53:04 0.030 35000 OTCBB
Market maker JRZY(BROKERAGE, INC. ,NASDAQ/OTCBB TRADING ,212-742-8193
JRZY ,M ,JERSEY SHORE TRADING GROUP INC. ,NASDAQ TRADING ,732-212-1123)
shows up today on the ask SELLING shares..geez
TheCynic,
You guessed right...
wccawa,
If you are so sure nothing exists, what the #### are you doing here? Your attempt at being a comedian is bad, real bad...
Carpie and all,
I had my fingers crossed for a PR regarding the "good terms financing" we heard about. Not only would the dollars help with needed projects but would stop the shares being paid/used for services. According to the last filing the loan was applied for at the end of June. Best to all...rock
Good read on new parter..thanks Deanis
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By: Deanis
22 Sep 2003, 11:23 AM EDT
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