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I'm impressed by the number projections but does it not bother anyone that COO just filed for selling $4 mils worth of shares when positive numbers are suppose to come out. In those situations we should see insiders buying shares not selling !!!! Also neither of executives are reporting the amount of shares they own ? SHADY DON'T YOU THINK ?
ANY THOUGHTS ON THAT ?
Rocky
Revs from magic money switch are suppose to kick in Q3 wright when switch is installed and operations begin.
I am happy to see that UP is rev, margin, total assets, st. equity and net loss is decreasing.
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--May 16, 2005--GlobeTel Communications Corp. (OTCBB: GTEL - News), reported today in its filing of SEC Form 10Q, that during the quarter ended March 31, 2005, the company had revenues of $18,010,643 resulting in a net loss of $3,600,054. In comparison, the company had revenues of $3,210,333 for the quarter ended March 31, 2004 with a net loss of $1,298,567.
In comparison to the fourth quarter of 2004, the company is providing the following information:
1st Quarter 4th Quarter
2005 2004 Change
----------- ----------- ------------
Revenues $18,010,643 $14,486,589 + $3,524,054
=========== =========== ============
Gross Margin $ 726,680 $ (176,017) + $ 902,697
=========== =========== ============
Net loss $ 3,600,054 $ 8,416,953 - $4,816,899
=========== =========== ============
Total Assets $15,124,388 $ 6,195,977 + $8,928,411
=========== =========== ============
Total Stockholder Equity $12,359,242 $ 5,276,577 + $7,082,665
=========== =========== ============
Timothy Huff, CEO of GlobeTel, stated, "We are pleased with our overall performance and our increase in shareholder value. We will continue to incur losses as we grow out our business, however, we expect the losses to diminish, quarter over quarter. We are also pleased that our numbers that we wanted increases in, increased and those numbers that are supposed to go down went down. Revenues and margins are up. G&A costs and net losses are down. We are exceptionally pleased with the overall financial health of the Company as evidenced by the significant increases in our Total Assets and our Stockholders Equity."
General and administrative costs reported by the company include extraordinary expenses and other non-recurring expenses of approximately $1.87 million. Excluding these costs, the actual operating costs were less than $1.65 million.
Mr. Huff continued, "Our revenues for the FY 2004 were over $29 million and this quarter alone, we had over $18 million. This puts us on our projected run rate of approximately $72 million. As we grow, we will continue to incur one-time charges that will ultimately help the profitability of our company. While the costs have decreased from the last quarter, they are still significant as the company continues to be in an expansion mode."
The company has been building its operations and has been hiring quality personnel to prepare for the future and will be adding additional office spaces at its headquarters which will almost double its current office spaces. Likewise, the company's wholly-owned subsidiary, Sanswire Networks, LLC, is also expanding, hiring high-level aerospace engineers and numerous staff for the build-out of its Stratellite and will be moving to bigger facilities at its new location at Palmdale, California.
Mr. Huff concluded, "The Company is stronger than it has ever been and we continue to have institutional investors invest in the company. We are in the midst of revamping our organization and improving our operations as part of our overall goal of reaching breakeven and then profitability by the end of 2005. With all these significant changes and our move from the OTCBB to the American Stock Exchange in the immediate future, it will be truly exciting times at GlobeTel and especially for our shareholders."
About GlobeTel Communications Corporation:
GlobeTel Communications Corporation is a diversified Telecommunications and Financial Services Company. GlobeTel Communications Corporation operates business units in Stored Value debit cards, as a certified MasterCard processor, the sale of Carrier grade VOIP of Long Distance to major Long Distance re-sellers, VOIP Technology and development, and high altitude airship research and development. These self contained business units were developed to operate independently of each other. The symbiotic relationship however, provides value to each of the other business units. This strategy offers GlobeTel financial diversity and risk mitigation while striving toward its operating objectives.
Operating on a global basis, GlobeTel has, historically, focused its business development on markets outside of the United States. Current operations and business relationships exist in Asia, Europe, South America, Mexico and the Caribbean. 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.
Leigh A. Coleman, 954-241-0590
investors@globetel.net
http://www.globetel.net
--------------------------------------------------------------------------------
Source: GlobeTel Communications Corp.
design333
I think what you're reffering to is the Institutional Investors getting in after we move to AMEX. Huff has made a statment:
Huff continued: "This closes a chapter in GTEL's history and opens a new door that will enable us to grow in real shareholder value as we accomplish our goals while attracting new investment opportunities by large funds and institutions."
Let's hope R/S will be very positive. I have a question. Anyone knows when looking at level II quotes on amex exchange the only one that is available is Listed option wright ? How else to view it ?
Per that PR the process of construction of S2 was suppose to start back in April and with time passing by and no word of getting bigger fecility i am just concerned about meeting time line of Q1 2006. Since construction of S2 will take some considerable time. Bigger hangar is the first step and month has passed without any word on that.
CONSTRUCTION OF SANWIRE 2 PROGRESS QUESTION.
Anyone has any input on the constriction of Sanswire 2 progress.
Wouldn't the first step be to get a big enough hangar to accommodate football size field ship ? The process of construction has suppose to start in April at the time of unveiling, yet I have not heard of any progress on getting big enough facility to start that process. Rocky or anyone am I missing something here ?
“Mr. Huff stated, "Our plans are to launch at Edwards AFB, under the direction of NASA and the Air Force. Each agency will have to approve the flight plan before the launch date. By launching it from Edwards, we will be using non-FAA regulated air space which should expedite the flight safety approval process. Until the launch date, we will be doing ground base test and begin the process on the construction of Sanswire 2, the 400-foot long commercial airship. Sanswire 2 will be constructed in our new facilities near Edwards AFB."
http://biz.yahoo.com/bw/050405/55640.html?.v=1
Yeah GTEL needs to start looking for bigger hangar NOW !!!
GTEL is suppose to start construction meaning obtaining materials and getting bigger hangar space NOW cause by Q1 2006 S2 football size field strat is suppose to be ready so that's not a lot of time. As of now we barely have enough space for S1 and S2 football size field strat would need pretty big hangar space. I hope we will hear sometime soon about that. I just hope it ain't LMT buyout. Like i said i would vote NO on sell out unless PPS matches my targe price which i doubt they would.
By the way. Do we have voting rights for buy outs or BOD preety much decides that. PER OUT LAST PROXY.
Just thinking outside of box and forward.
That's some nice LMT hangar
http://www.pbase.com/mriffle/image/37848151
As long as we are on the topic of hangar space. I have not heard any news on bigger hangar space that can accomodate S2 commercial version. It is suppose to be the football size field and to get it ready for Q1 2006 they should be getting hangar and matterials already. Kinda looks like they might not make time line again. Any thought on this ?
Shareholder voting rights on acquisition bids ?
Question if there was a bid placed on GTEL do we have a voting rights as of current filling or BOD is preety much in charge ?
BTW
I'm not buying this rumor at all. Too early..although recent rumor of E-trade bid on Ameritrade turned out to be true.
Onevoice how have you learned about this rumor ?
If so question is would they buy Sanswire unit or whole Globetel. Why would they need whole Globetel ? I very much doubt it..too early for buy out. Although Etrade putting bid on Ameritrade turned out to be true. Also LMT would have to come up with very large number PPS to do it. Im not willing to sell out at $5/share after amex...not even $10. Make it $40-$50 but that is close to what LMT is trading it. FORGET IT. AIN'T HAPPENING !!!
In my opinion SP run up on friday has to do with Q1 being released on Monday and day and swing traders are getting in. Although 10k2004 didn't do anything for us. In my opinion until we become very darn close to becomig profitable or become profitable we should not expect PPS to increase too much.
Rocky isn't 100MM AS too low ?
Won't 100MM of AS dry up very quickly ? What happens after it dryis up ?
Thank you in advance.
KarlH i agree with you but after R/S i think the number of OS was going to be ~130mils. If and when Ins.Inv. will get in with buying share blocks of 1-5 mils a day, the OS will dry up very quickly. Which is great cause PPS will go up a lot and qualifications for NASDAQ will be met. Therfore then the move to NASDAQ. After that GTE will have to issue more shares by doing forward split correct ? With market cap of 250mils and 130 OS to reach 7B market cap we will need lots of buyers and forward splits. I picked 7B market cap cause i really see GTE following SIRI footsteps IF NOT SURPASSING IT. If my thinking here is incorrect then please correct me. Good luck to us all.
Holter IMO you're EXACLY RIGHT !!!
In order for GTEL stock to rise to lovely 7 Billion Market Cap in the long run (kinda like SIRI stock) when it has commercial STRAT we need to have large amount of authorized shares available to sell to institutional investors, funds and individual investors. That is how we get PPS rise afterall. If GTEL runs out of OS then they will need to do forward split. Which I hope will come very soon when commercial strat is seen as viable product on the Wall Street. I will enjoy that day and ride. I really think as soon as Institutional investors start getting in very heavily we will go up in PPS so much that in 2006 we should hit NASDAQ. AMEX is a springboard to NASDAQ, rather people want to accept it or not. Paradigm inventions and telecommunications firms belong to NASDAQ not AMEX. All in my opinion and let's hope I’m right.
I'm not sure why everyone is mentioning $4.00 Amex opening price but unless we have a run up if we were to open on AMEX today our opening price would be 0.242 x 15 = $3.63. per today's close. I know Rock has mentioned that some Ins.Inv. get in at even lower prices even $3.00 but from what i have seen MOST CAN'T TOUCH IT TIL NOT $4.00 BUT $5.00 but let's hope institutional investors will get us to that price tag sooner then later.
Rocky thank you for your insight.
I’m not sure if I understood correctly but I think what that means is that 1:15 split effects preferred shares as well however we do not know what the conversion rate of preferred to common shares is ? ...meaning for each preferred share preferred holder would be getting 3 common (for example).
Am I correct on the analogy? I used 3 shares as example only since we do not know the conversion rate wright ? Is the conversion rate different for each preferred holder or same rate applies to all preferred holders.
ALSO
That recent private placement with over $2 million for few shareholders with price of .19xx. Why would they choose common shares instead of preferred shares. As I remember previous private placement was for a $1MM and guy chose preferred shares. Certainly they could have too. Why anyone would choose common over preferred if they had an option of going with preferred which give advantage of preffered to common shares ratio. I’m not sure if I understand all of this correctly. Would you please help.
Again thank you so much for input.
Rocky is the R/S for preffered shares as well ?
ROCKY GREAT POST. QUESTION
"Meaning not only the OS but the authorized."
IS THE REVERSE SPLIT FOR CERTAIN BEING IMPLEMENTED FOR ALL SHARES...meaning OS, authorized and preffered ?
design333 i hope you and Rocky don't mind if i jump in and join but Individual investors can short stock at $4 not $5 but my opinion is with current valuation as of today of 0.235 we would open on AMEX at $3.52 too low for Ind.Inv to short but hopefully Institutional Investors will start getting in heavy at this point and drive stock price way up (i hope) which would scare off shorters for a little bit. My biggest scare is that shorters loveeeeeee OTCBB companies that are not profitable with 1-15 R/S to short them right a way and opening lower then $4 would be preffered then over $4 (All in my opinion). Huff has stated and given a hint that Ins.Inv. are very interested which i hope they will get in right a way to help us fight off R/S shorters hunters. I have read some articlues about R/S and Ins.Inv would have tremendous effect on PPS and fight with shorters.
axeman1203, High Hopes and Serious1
Axeman1203 I think to fly it to Edwards they do not need solar cells just low altitude propellers which are already installed and batteries I would think. I think big propellers are for high altitude maneuvers and solar cells will be installed at Edwards.
High Hopes
Jones came from NASA and NASA is on top of the food chain when it comes to commercialization of HUVs even above FAA. At least that is the impression I got from PDF that was posted on access5 website. Rocky has posted link to that PDF earlier so I would think NASA and government officials would have some pull when it comes to quick approval for flight to Edwards....I HOPE...if not then who else is left to help us?
Serious1
Thank you brother. I appreciate it. I do not know everything but I try to use common sense and DD I have learned thanks TO ROCKY’S BOARD.
Serious1 I have a feeling that Huff already knows that or he has a feeling that within the time frame they are finished they might get a FAA approval. I really don't think they will disassemble it now at this stage. Too much money would go to waste as Huff said it himself at the unveiling.
Huff NOW is really good with timing so I'm sure timing has something to do with that.
Since Huff failed (in my opinion) on delivery on time lines in past on numerous occasions I feel that he now changed his strategy as he keeps project dates to himself and gives out only general time lines without disappointing investors. Now he would rather surprise them and I THINK FAA APPROVAL MIGHT BE JUST THAT. Just my opinion.
I have a feeling it will play out like this.
1st. Q1
2. Amex
3. Possibly some institutional investors get in (run up)
3. Flight approval
4. Flight with pres coverage
5. Summer testing at Edwards
Just my opinion.
Discovery Channel Coverage II. May 10th 2005
http://www.geocities.com/enson2k/DiscoverII.JPG
R/S Valuation reasoning
If this has been addressed before then please point me to post.
I have been wondering about something for a while. Huff has stated in PR that GTEL's R/S is designed to attract institutional investors.
Now Ins.Inv. have minimum requirement of $5 to invest in stock so with .22 (current valuation)x15= $3.30. That's too low for Ins.Inv. to get in and TOO LOW for shorters to short (min $4 to short...which is good) but that gap of at least $1.70 has to be filled somehow so the Ins.Inv can get in. Also i keep thinking about if we hit over $4.00 that we will be sweet target for shorters that love 1-15 r/s and hunt for otcbb non-profitable companies to short them. Let's hope Ins.Inv fry them...but tough call. Anyone wants to take a shot how the gap will be filled. I can think of few but timeslines are not matching.
BOTTOM LINE IS THAT DOING MATH THAT GAP HAS TO BE FILLED.
1. Q1 ...i doubt. 10k2004 did not move stock at all. Until profitable i doubt we will move on earnings...unless Huff has something up his sleeve.
2. FAA approval and Strat testing success. Unlikly cause time line is late Summer not may or june.
3. Could we open on Amex higher then current valuation ? ..sort of IPO deal ?
4. MM covering short positions or unaccounted shares ?
don't know
Rocky. Requirement for preffered shares purchase ?
Rocky or anyone that knows would you please inform me what is the requirement for purchasing preffered shares in company stock ? I remember seeing private placement a while ago in the company's stock.
I would much appreciate input.
PROTECTION OF INTELLECTUAL PROPERTY !!
"...and was left in a half built state to allow viewers the chance to see the various technologies in a matter of words. It would appear after seeing this latest PR that they were in fact behind schedule like most people thought and now they are offically back on track with a floating airship. IMO" - GDBLO
I just thought of something when I read your post. Although press release has stated differently then what Huff has stated at public unveiling. I do remember Huff stating at unveiling very clearly that ship will be disassembled to 3 pieces and shipped to air force base BUT there is a "Proprietary Lifting Gas Technology " inside the S1 that perhaps management did not want to publicly reveal to protect intellectual property from being stolen (patent thing) so maybe they had to bend a truth a little to NOT TO REVEAL S1 INSIDES. What really is inside S1 !!! After all no one saw it.
Remember it was public unveiling with press and competition might have been there as well. They have not filed for patents yet for technology (I think) so maybe that was their way of protecting their intellectual property.
VERY CLEVER. WHAT DO YOU GUYS THINK ? It's a theory but it makes sense to me.
STRATELLITE SPECS:
Length: 245 feet
Width: 145 feet
Height: 87 feet
Volume: 2.7 million cubic feet
Thin film Dual envelopes
Solar Powered electric motors
Outer envelope covered in film photovoltaic (solar) units
Payload capacity: 1-3,000 pounds depending on configuration
Maximum altitude: 70,000 feet
Desired altitude: 65,000 feet
Proprietary Lifting Gas Technology
Held in position by 6 onboard GPS units connected to the ship's engines
Line-of-sight to a 300,000 square mile area
Wireless capability (currently) to an area with a radius of 200 miles
Controlled by earth stations on the ground
Maximum duration: 18 months (a replacement ship will be in position prior to bringing original ship down for retrofitting. The original ship will return to its position after retrofitting.
http://www.sanswire.com/stratellites.htm
Rocky
"to my knowledge those propulsion units you see in pictures were not to be used on Sanswire ONE..I thought that was stated on videos from unveiling. "
What was the reason for not installing it ?
I still have concerns at current state (blimp)how are they going to control the ship at current state with no engines installed ?
As to the rest of your comments they had MAJOR design changes that took place. Not everything goes as planned on a project of this magnitude.
As far as you being cranky? Who cares?..
I AGREE WITH YOU 100% HOWEVER I JUST STATED MY FRUSTRATION AND ADDRESSED ISSUES THAT STILL BUG ME AS INVESTOR.
Again love GTEL but i need more then that to make me jump up and down. Sorry at current state this is blimp to me. Sorry to upset some of you guys but I will try to address some the concerns of mine with you guys and hope some of you will streight it out for me if i am not wright. Go GTEL
P.S
It looks at lot better then at the uvailing i must say.
No propulsion engines installed.
Did anyone notice that propulsion engines are not installed on the Sanswire one. Look at the back of the pic. Fans are still on the ground. Right now this looks and is no different then a blimp. How will they demonstrate control over S1 at current state ?
http://www.sanswire.com/images/sanswire-one-floating-hangar2.jpg
Also that's great to see it "completed"...i think....but that's not a breakthrough. Blimps and balloons float. What GTEL needs to show to the world is that the ship operates with full control and no faults at 65,000 feet over prolonged periods of time with heavy load of communication equipment. THEN AND ONLY THEN WE WILL SHOW TO THE WORLD that this is a breakthrough of our century and only then will Wall Street walk up and will we reap the benefits.
Sorry i am cranky today. Right now this looks to me like a GTEL BLIMP. No propulsions installed. Love GTEL but we need more then that. That should have been done when we went out there to see it..then right now we would be seeing .40 not .26
My opinion.
"Mr. Huff concluded: "We now have, on our website, pictures of
Sanswire One floating off the ground"
NO PICS ON THEIR WEBSTITE.
Yeah they really need to get in synch with IT stuff over there. Geezze not in synch with IT at all. Maybe they should hire me as CIO over there to get their websites and IT people in synch. LOL
geezzzzzzzeeeeeeeee
ROCKY: DR. MICHAEL MATARRESE BIO LINK FOR BOARD HEADER
Dr. Michael Matarrese will serve as the Senior Aerodynamics Engineer of Sanswire. Michael has over 17 years experience as an aerospace engineer, including several years of close work with famous airplane designer Burt Rutan as an aerodynamicist and configuration designer. He has been involved with the design, development, and flight test of six aircraft, and has provided consulting services to the aerospace community in aerodynamics, computational fluid dynamics, performance analysis, vehicle preliminary design and optimization, and software development. His formal education includes a Ph.D. and B.S. (Summa cum Laude) in aerospace engineering from the highly regarded programs at the University of Michigan and Ohio State University, respectively. He brings to the Sanswire team extensive knowledge of aerodynamics and conceptual design, significant practical experience in flight vehicle development, and exceptional analytical capabilities.
“Bill and Michael's extensive careers in design, development and testing of proven world class advanced aircraft, including manufacturing of state-of-the-art composite airframes and application of leading-edge technology, linked with their skills as an aerodynamicist and aeronautical engineering, make them an excellent addition to the Sanswire technical team. We look forward to their technical inputs, technical advancements perspective, and representation to the public of our exciting and world-changing new capabilities,” Mr. Huff concluded.
The bios of Mr. Dodson and Dr. Matarrese will be added to the Sanswire website along with Mr. Bob Jones, who recently joined the Sanswire team from NASA.
http://www.sanswire.com/press/20050310.html
doctorS can you provide a link
I have not heard the Q1 figures but that number seems very believable because I have heard off record 2005 yr end revenue of 77 mils or more so 18/qr seems close. Time will show. What has management shown is that they are beating rev projections every time (which for 2005 is 48mils) and I am really looking forwarded to achieving profitability sooner then later. VoIp margins are only 3-5% so don't expect VoIP to give us profitability. What will is Magic Money with its 35-45% margin rates especially that the program is being rolled out in 3 biggest markets in the world. Which are Mexico, Philippines and India (hint: CEO recently came back from trip from India). I am really looking forward to Magic Money starting to generate high margin revenues and of course strats.
Art2Gecko and everybody. REVENUES AND PIPELINE ?
I'm new here. Can anybody tell me what contracts does this company has and for what amount and/or what is in the pipline for future revenues ? I would really appricate someones response. Please provide links for verification if you don't mind.
Also Art2Gecko i thought it would be beneficial if we update OS on header of board. Based on Q1 2005 OS is 114,541,414
http://www.otcbb.com/profiles/cptc.htm
Revenue and Contracts.
What contracts does this company has and what revenues is it generating as of now ? And what are the company's projections for the future. I looked at income statment and saw like 72k where someone on RB posted that they are selling already to
AQUILA AND EDF .... is that true and where can i verify that.
What are the current revenue generations from each and/or projections.
Thanks a lot in advance. New here so need some pointing in right direction.
Wolfrun what big PR ? May 16th is Q1 but don't expect too much of it cause last one didn't do squat to pps. In my opinion until we become profitable earnings are not going to matter. So what other PR you are expecting ?? Strat tests are in late summer so july august ...maybe ? That's at least 2 months from now !! What's the big PR everyone is talking about here ?
Really ???? Whow !!! Didn't know that. Little do I know.
Doc thanks but that's not the competition at ALL.
We have mastercard certification which took 2 yrs...besides look at their profile. They must have changed business model recently and any company that goes from soap to communications is a joke. Sorry but just my opinion. I wouldn't even pay attention to them. Cheers bro.
Rocky it is nice to see that NASA is on top of the food chain (please see pdf)and we are so do speak under NASA's wing so all that Access5 and unite would still be directed by NASA.
That should expedite everything for us. Whow seeing things like that makes me just smile and reasures me that we are on the right track.
WATNEY99 CAN YOU REPOST THAT POST PLEASE !!!
"The Huff email post from RB, if that was all real, has me really looking forward to May . . . "
Please repost if you don't mind. It's pain to go trought thousands of useless posts. I doubt Huff would post on any forums especially on RB but it's always worth a look. If it's insiders info it would be illegal and he would go to jail so....
Is that a gtel office that was opened in india or no ?
Gtel was suppose do some business with that timeofmoney company for magic money thing.
ROCKY TIMESOFMONEY.COM IN ?
Rocky isn't that the same company in question. Gtel was suppose to sign a contract with them back in 2004...so maybe it is GTEL's office after all and they are just down playing it. I'm confused on that one so if anyone knows better please enlighten me. Thank in advance. You have to scroll down and click on the article.
http://search.netscape.com/ns/boomframe.jsp?query=GLOBETEL+IN+INDIA&page=1&offset=2&resu...
Yes it does in my opinion. Maybe FAA wants GTEL to test it's structual integrety. If it passes then maybe they will get a green flag to fly it to edwards. At unvailing they said after the ground testing which is what they are doing right now it will be taken apart to 3 different pices and shipped in trucks to either palmdale or edwards hangars (where they are stationed). They said putting those 3 pieces together would take a month or less.
I my opinion discovery channel program was taped after unvailing not before.
I hope they aren't late AGAIN. From palmdale it's a leap to edwards and probably NASA and USAF would get FAA ok to fly it over to edwards. The delay with flying it from current location is safty of people living below. From Palmdale that would not be an issue i don't think. All those things ars speculations of course.
ShakeyGuy and WayHaw i don't know too much about cell phones signals but Globetel intention towards cell phone is towards 3G and 4G cell phones not 2G (current once). I could be wrong but based on sanswire website there is no mention of 2G but only 3G and 4G. Those phones are already rolled out in europe and asia and Verizon is getting heavily into 3G networks. Those phones have capability to browse net at speeds up to 368kb/s (light broadband connection). What kind of signal strenght those phones will have i am not sure. I got impression while being at the unvailing that those NASA people know exacly what they are doing and they didn't stike me as average joe so i would think they know what they are doing.
"In addition to Sanswire's National Wireless Broadband Network, proposed telecommunications uses include cellular, 3G/4G mobile, MMDS, paging, fixed wireless telephony, HDTV and others. " http://www.sanswire.com/stratellites.htm
I hope that helps ?
It has been mentioned in two articles already that Strats will be using Wi-Max. Here is one of them. Other one i would have to dig up.
Second
"GlobeTel, through its wholly-owned subsidiary, Sanswire Networks LLC, plans to build dozens of blimp-shaped airships remotely controlled by computer using global positioning systems. Each ship will be equipped with WiMax radio transmitters that will broadcast cell phone, Internet, radio and television signals over a 400-square-mile area per ship from an altitude of 65,000 feet, about seven miles higher than the cruising altitude of commercial jets.
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cko%5C2005%5C04%5C19...
First
"The 245-foot-long "stratellite" will hover over one GPS coordinate, held there by six GPS units connected to the airship's engines. It will provide IP communications over Wi-Fi and WiMAX to an area 400 miles in diameter , or roughly the size of Texas--in fact, it could make the entire state a hotzone."
http://www.mobilepipeline.com/shared/article/printablePipelineArticle.jhtml;jsessionid=RPFNWAXNGYOMG...
Intel connection here:
http://www.investorshub.com/boards/read_msg.asp?message_id=6092678
Newbie here and need some DD help.
I understand the concept of tire pressure monitoring however why would any company choose SMTR company as a vendor of supplying tires or monitoring systems ? From tire rack it looks like top manufacturers are using some type of systems already so why go with SMTR....and i don't see any letters of intent or contracts either. I'm not bashing i just want to know what makes it worth an investment ?? Just because INTHA has stated that all tire will need it does not mean that SMTR will be supplier of it and gaining revenues. Please provide some info on this ??
http://www.tirerack.com/tires/tiretech/techpage.jsp?techid=44
lowtrade
"You'll see I expected the down break out in 1 or 2 days. Got 1/2 the first and the rest the second!"
Has this happened yet ? I'm not sure i understand your analysis. Would you please explain more clearly to me if you don't mind. What time dates and price levels you see based on that triangle. ?
Thank a lot in advance.