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American Bulls confirms "BUY" for weekly charts today. For what it is worth.
http://www.americanbulls.com/weekly/StockPage.asp?CompanyTicker=GTE&MarketTicker=AMEX&TYP=S
Thanks Wizetradr, I appriciate your response and reasoning. I made a buy in yesterday and was thinking of making a large purchase today, (opp's--- just got an alert (GlobeTel Communications Corp. Announces NASA to Terminate Memorandum of Agreement) I think I will hold off till next week. I guess everyone fudges the rules every so often.
GLTA
Question for Wizetradr:
Your first post states:
Next week is the key however, if the pps closes above this weeks close -- NEXT Friday --, then confirmation of the trend change is in place and you can probably expect some good NR's from GTE after that, of course until the trend starts to reverse again, which will ultimately happen.
On the next post you state:
"Just might be buying again next week."
........... I am a little confused,..........
Are you going to wait until after next Friday to see it the pps for the week closes higher?
Are you going to see if there is a large gain and buy before next Friday and assume the week will be higher?
Could you please explain.
Thanks.
Sirious1 simple answer......
sold in Jan. for a nice profit, Russian contract was already priced in the shares.
Made this post on the day I sold:
http://www.investorshub.com/boards/read_msg.asp?message_id=9121885
Lowtrade "Who wants the PPs at 70 cents and why? help "
Wouldn't this explain that it most likely would be Asia Pacific Capital? Some of this money was used in the 2nd quarter.
From the 10Q.
In June 2006, total net proceeds of $2,672,500 were received for advanced purchase of a total of 1,660,656 shares of common stock at various prices and for warrants to purchase a total of 1,660,656 shares of common stock at various prices, pursuant to a new pending Stock Purchase Agreement with Asia Pacific Capital Corporation.
Hard to tell, seems everyone has their own take on the 10Q. I don't like the quarter to quarter growth.
Revenues for the second quarter of fiscal 2006 were $21,628,623, a 2% decrease as compared with $22,294,725 for the first quarter of fiscal 2006. This was supposed to be the best quarter. I guess it is how you want to look at it.
I would think Wall Street would look at this as a negative. They are only interested in the bottom line. I am looking to buy either way sometime this week.
"FORTUNE500, I took your advice and sold gte"
I did the same, will buy again after earnings. Would rather play it safe and pay more for good earnings or buy for less on a lackluster report. No runup before earnings, not a good sign.
Lowtrade, I had to come over here to post this. LMAO, You just about spell it out on the GTE board and they want to know what you are drinking or smoking. My last 3 posts on the board led to what you are saying and most of the reply's had to be deleted.
I am also watching and took your survey and would be interested in how you sum everything up once it is concluded. I'm the guy that said $6000. is pocket change for most investors. Good luck to you, you deserve to make alot!
Do as the big guys do! Love that saying and your thoughts! Oh by the way about 40% of the stocks I played in the last 5 years went BK. I don't think normal.
"Else, who knows, HBK may buy most of the new A/S double, just after the company gets delisted and the execution PRs start flying in, while GTE changes to a GTEL OTC:BB profit machine for the big guys, with fat funding, happy & continues to grow."
http://www.investorshub.com/boards/read_msg.asp?message_id=12440832
I can't understand why everyone thinks this company has the money to continue operations much longer and this is not a concern. The key to Globetel's success and survival will be where will the next funding come from and at what cost. With added costs due to lawsuits, delisting, delay's and the financing which didn't happen on the Series D preferred shares, It currently looks as though they may have a tough time to make it to March 31, 2007. Even Huff stated it will need to raise capital to continue to support operations. With the share price as low as it is, it could be very costly (for shareholders) to raise capital. I won't buy until this is known. As I believe this is the most important piece of the puzzle. I don't want to see the Sanswire division sold off. I don't want to see Huff resign. I don't want to see Delta Aero own Sanswire. GLTA
http://biz.yahoo.com/e/060512/gte10-q.html
As detailed in the financial statements, we have stock subscriptions receivable for preferred shares that will raise a total of approximately $500,000 in cash in 2006, primarily in the form of financing provided by Series D preferred shareholders. In addition, we anticipate increased cash flows from 2006 sales activities; however, additional cash will still be needed to support operations. Management believes it can continue to raise capital from various funding sources, which when added to budgeted sales and current working capital, will be sufficient to sustain operations at its current level through March 31, 2007. However, if budgeted sales levels are not achieved, or if significant unanticipated expenditures occur, or if the Company is unable to obtain the necessary funding, the Company may have to modify its business plan, reduce or discontinue some of its operations or seek a buyer for all or part of its assets to continue as a going concern through March 31, 2007.
It is owned by Rupert Murdoch's News Corporation. NY POST etc. Steelhead has a connection with HBK and are a major investor in Globetel. Do you think they have a good source of information as to what is going on at Globetel? Enough to relay this information to the NY post?
http://en.wikipedia.org/wiki/New_York_Post
Danielle, check out HBK Investments on the link you provided and check out how many shares they hold on News Corp.
http://holdings.nasdaq.com/asp/Portfolio.asp?FormType=Portfolio&CIK=0001011443&HolderName=HB...
Wisdomseker & Justfrank, Pitbull thank you for the great posts, I have been trying to say in all of about 50 different posts on this board what you said in two posts and in better more subtle, board friendly terms then I could ever come up with. I think I will now remain on the sidelines knowing not everyone on the board is a pumper and there are posters who can look at the flip side of the coin and give a true assessment. I finally learned what a great poster and master of the English language really is. (Something I am not).
Opp's I forgot to add some of Pitbulls posts from yesterday. They supprised me.
GLTA
Low, enjoy all your thoughts and posts, but for most people $6000. is play money in the stock market. Just look at Google, at $380. per share with avg. volume 7 million +. House in most towns avg: 400K+. I just sold a chess set for $40,000 and might buy another 10000 shares, just to continue to hold my interest. Look at some of the people on this board, they hold over 100K shares and they are avg. working people or retired. My estimate is 90% of the who invest in stock do not think $6000 is a lot of money. Maybe $6000 is a lot of money to some people, most likely those people wouldn't know what Wall Street is.
I thought even the pink sheets require reporting of material events. Was doing some research and came up with this, Dated 7-11-2006
Click here: Terayon Communication Systems Lawsuit Attorney | Lawyer Lawsuit Filed Against Terayon Communication Systems, Inc.
http://www.lawcash.com/attorney/4863/terayon-communication-systems-lawsuit.asp
I have put a lot of thought into your question the last couple of weeks and asked myself what is the best thing that could happen to this company right now. I came up with only one answer:
A big cash infusion by a well known reputable company.
Enough money to insure GTE can survive the hard times ahead and carry out their plan to see if it works or not. This is an infant who is challenging, Telephone, Cable, and Aerospace companies all at once. Pocket change by some of these companies can destroy them. Pocket change by any one of the major companies can also make them. Just think what would happen to the share price if a VZ, T, UT, etc. would come to the rescue.
I know it is wishful thinking, but not impossible.
GLTA
Agree Squirt, Don't Blame the AMEX. It did give Internafta additional comfort. Below is the complete link to the Russian deal. It doesn't look like it was a deal made before Hotzone was acquired. It seems Globetel was taking all the credit. Interesting to read again, come up with your opinion if the AMEX forced the release. The original release was in Dec. this was updated with much confidence on GTE's part .
http://www.findarticles.com/p/articles/mi_m0EIN/is_2006_Jan_9/ai_n15990250
In addition to GlobeTel's technical expertise, Internafta gained
CONSIDERABLE ADDITINAL COMFORT from the fact that GlobeTel is an
AMEX-listed, public company with a high degree of transparency,
regulatory oversight and accountability. Also, the quality of
GlobeTel's Officers and Directors was not lost on the Investors as
they completed their technical and organizational due diligence. For
example, they were impressed by GlobeTel's unusual (for its size)
international expertise and reach. Sir Christopher Meyer, Chairman of
GlobeTel's Board of Directors and recent British Ambassador to the
United States, brings more than 30 years of Foreign Service experience
(starting with an initial posting to the former Soviet Union where he
became fluent in Russian). In his senior roles supporting Prime
Ministers Thatcher, Major and Blair - Sir Christopher's presence
clearly reinforced GlobeTel's cross-border expertise and ability to
operate comfortably in the international marketplace. Also, J.
Randolph Dumas recently joined the company as a Director and as
Executive Vice Chairman of the company, after more than two decades of
successful experience working around the world as a senior Managing
Director at Salomon Brothers International Ltd., and within his own
international private equity firm. In fact, Mr. Dumas stepped down
from his position as Managing Partner of Rubikon Partners in order to
devote more time to the achievement of GlobeTel's international
ambitions. (Rubikon Partners is a private investment group founded by
Mr. Dumas, Dr. Henry Kissinger, Thomas "Mack" McLarty III (President
Bill Clinton's first chief of staff) and Leo A. Daly III (owner of the
world's largest private architectural and engineering firm). These
individuals, along with an impressive array of other new and existing
Officers and Directors, greatly heightened our Russian partners'
awareness of GlobeTel's surprising "reach" in the areas of science,
engineering, geo-politics and cross-border business.
It's his last post on Globetel:
GlobeTel, R.I.P.
July 24, 2006
By David Sims
david@firstcoffee.biz
The news as of the first coffee this morning, and the music is the Screaming Blue Messiahs' "I Wanna Be A Flintstone." By the way, if anyone knows where I can get that CD again -- I have just the one song downloaded from Limewire -- please let me know:
Just to wrap off a topic First Coffee's covered regularly for months now, then we'll be done with these jokers, since it looks like these jokers will be toast toot sweet:
GlobeTel, which hit First Coffee's radar screen with an out of the blue, too good to be true $600 million Russian Wi-MAX deal last year, will have its shares delisted by the American Stock Exchange. Several news sources report that the AMEX has stopped trading of the stock.
This news came out last week while First Coffee was sampling the customer relationship management practiced by various Munich beer gardens and coffee shops -- we're pleased to report it's wonderful, although more research may be needed in the future. There'll be more coming out about this delisting, no doubt, but frankly First Coffee's tired of these clowns and isn't promising any more coverage after this column; I always kind of feel I need a shower after writing about GlobeTel.
The official version is that the Fort Lauderdale-based Delaware corporation, founded in 2002, has "issued a pattern of overly promotional press releases," according to BizJournals. Other reasons given were that GlobeTel has not issued the exchange information concerning the company, and that GlobeTel or its management "has engaged in operations, which, in the opinion of the exchange, are contrary to the public interest."
But basically, it boils down to the fact that, scientifically, legally and telecommunicationally, these guys are a bunch of weenies. The company lost $6.2 million in 2003, $13.2 million in 2004 and $32 million in 2005 while issuing a blizzard of the most blushingly upbeat press releases outside of Pyongyang around the Dear Leader's birthday.
Props for poking GlobeTel's blimp go in large part to Seth Jayson, Motley Fool writer who has earned the right to raise a glass or two of 101-proof I Told You So bourbon. He started reading the fine print in GlobeTel's sunnier than thou publications last year, and found that he didn't like what he saw very much. As he wrote last week, "penny stocks don't get very far without PR. And they can go incredibly far when PR manages to bamboozle members of the business press."
First Coffee picked up on GlobeTel back in January when he noticed a press release stating "in the strongest terms" that the statements and implications made by "Mr. Seth Jayson" in his Motley Fool article dated January 23rd, 2006, are "entirely without substance and are misleading."
First Coffee loves a catfight as much as the next reporter, and read Jayson's piece, learning that GlobeTel stock shot up 75 percent in a single day in late December after announcing a $600 million " Wi-MAX wireless network" deal for the "30 largest Russian cities," as Jayson said.
Then in a piece titled "More Hot Air From GlobeTel" on January 6 at Motley Fool Jayson said that GlobeTel had a history of hiring brass bands to trumpet the greatest project since free beer and ice cream, few of which ever actually materialized. There was the Internet blimps over Colombia idea, not that that wouldn't make a great title for a Radiohead album, the turnkey VoIP products, deals for wireless networks in China, Japan, and Germany, and "many other projects that so far seem to have produced nothing more than penny-stock froth."
Froth it did, no latté has ever had more. The deal in Russia to supply Wi-MAX to every Ivan and Olga was, according to GlobeTel, to be the greatest thing to hit Russia since the invention of vodka, stealing the market right out from under the nose of Nokia, Avaya, Verizon, Comcast and those other pikers. Warning, Will Robinson, warning. Credibility alert.
GlobeTel's brash CEO Tim Huff promised that $150 million of the funding would be in place by January 31. It wasn't, so as his share price tanked he wrote a press release saying well, y'know, it's a pretty complicated international deal, so the regulators and lawyers and all what have you are making sure everything's legit.
GlobeTel's Russian investors were some company called Internafta LLC, which had no track record in telecom and whose only publicly-identified partner, Maxim Chernizov, said he made his money in "rare earth metals." He swears he isn't Mafia.
Explaining how the completely unknown GlobeTel, with no track record of success, aced out the likes of Cisco and Qualcomm, and all the major multinational, European telecoms in landing the Wi-MAX deal, Chernizov claimed GlobeTel has "new technology to improve the depth and breadth of telephony and other wireless services." GlobeTel executives have never explained the nature of this "new technology."
First Coffee heard from a friend in Russian telecom, Nigel, about what all this looks like from the Russian perspective. "Funny," he wrote, and you could almost hear him sigh. "All the operators here in Russia are getting lots of calls on GlobeTel, and even the authorities are asking us about it."
The Russian market has lots of potential, but the penetration of broadband is not going to be that spectacular, Nigel thinks, "even amongst us that are enthusiastic over the market potential. We don't see more than 10 per 100 penetration for broadband subscribers (note subscribers and not users) over the next 6 years on a nationwide basis."
"I sure wish I had $600 million to spend in Russia, but even if I had a quarter of this amount, it would be a challenge to invest it wisely," Nigel observed. "This all takes a lot of time and experience, and most of the really interesting spectrum is not even available at this point. In any case, I would not want to be doing this for the first time in Russia."
One GlobeTel shareholder wrote to First Coffee saying "I will disclose that my biggest pet peeve with the GlobeTel management right now is their lack of disclosure and secrets. The problem with GlobeTel is that it seems -- in pure Tom Clancy style -- the operations are 'black bag' secrets and shareholders are left in the dark.
"The SEC filings are very clear in the operations to date, but it has not been profitable so there is no credibility. As a shareholder, I would like more than LOI, but I am a patient person looking to score on the long side (and trade some in the short term…) So, we (collective shareholders) are left wondering and hoping that Huff is a man of his word."
Indeed. Of course the Russian deal collapsed, and along with it GlobeTel's stock price and credibility. Shareholders began launching lawsuits, and the mainstream press noticed that hey, something doesn't smell right with GlobeTel.
Then in late May New York Post financial writer Chris Byron blew GlobeTel right out of the water, calling on theAmerican Stock Exchange to "halt trading in the shares of GlobeTel Communications Corp."
Byron said GlobeTel officials have "pirouetted from one see-through ploy to the next to create the illusion of value in a worthless penny stock." He recounted in convincing fashion what he characterized as "two complete pump-and-dump cycles that have sent an astounding 1.1 billion shares of its stock churning through the market," resulting in "bogus $350 million market value for the company, two-thirds of which has now evaporated, with $74 million of it detouring into the outstretched hands of the company's insiders."
The two "ploys," of course, were the blimps-over-Colombia for cell phone transmission and the $600 million Wi-MAX in Russia schemes, neither of which resulted in anything but a lot of nice-sounding press releases and a slew of class action suits filed against the company on behalf of investors.
Law enforcement finally decided to start poking their noses around GlobeTel, hopefully with clothespins. Then came the announcement that AMEX would be doing the right thing and delisting GlobeTel shares. On Thursday the stock went from about a buck to just north of 50 cents.
Anyway, it looks like the end of the road for GlobeTel. It's certainly the end of First Coffee caring about it, so R.I.P., GlobeTel.
If read off-site hit http://blog.tmcnet.com/telecom-crm/ for the fully-linked version. First CoffeeSM accepts no sponsored content.
Related Tags: press releases, GlobeTel, globetel, coffee, million, Coffee
posted at 05:49 AM | | Comments (0) |TrackBack (
I agree with you 100%. Also if the Amex withdraws it's delisting, it would mean they are proven to be a promising, legitimate company. Would be a major win for GTE and would shut Motley Fool and others up for good. I doubt if there is any growth stock or potential growth on the stock market that is not shorted or manipulated on any market. It is all part of investing. Some people invest on the potential of stocks going down and some people invest in stocks going up. It is a roll of the dice, you bet for or against. That has to be accepted on any exchange, period.
I hope they stay on the Amex. Just don't even like the thought of possibly going to the Pinks. OTC BB not a sure thing. IMO
Coastie, look at it this way. If GTE were denied the SOC and was not approved that would be negative. The fact that they got it is a positive. One less hurdle in the future.
Pit, you are right, finally some creditability
Exactly my thinking. Also a legal way to channel money into a private company owned by employees (Huff, Jones etc.)through royalty payments. I can't find the post but I remember somewhere reading that Delta Aero was set up for government contracts for DAV and minority owners and for certain patents owned by Bob Jones.
Serious1, I certainly respect you for your comment. Best of luck to you.
"Good Luck to all tomorrow! Please remember no matter what anyone here says buy, sell, or hold you have to do what is best for you and only you. No blaming anyone for what is and always should be your decision. I for one will ride this as far as I can the long road for me."
regards,
serious1
Danielle, he explained it already. Why do you keep asking questions already explained on various subjects? Link:
http://www.investorshub.com/boards/read_msg.asp?message_id=11997004
"Real knowledge is to know the extent of one's ignorance." - Confucius
Rocketman, good post. There will be good opportunities to make some quick money in the upcoming days or weeks. Timing will be everything. Bring the good times back again!
"There is no great honor these days in being a long (very long).
Not alot of profit either it seems."
Just maybe Huff said, AMEX made GTE post the Russian deal.
Could be possible that the AMEX knows it is not true. Another reason for delisting. Hard to believe Huff on anything.
In reply to: RobinHood Post #of 32488
AMEX made GTE post the Russian deal. They did not want to. Now they punish for it. Something doesn't add up...AMEX better be careful.
"Hard to tell if it is 1/2 emply or 1/2 full when their is no glass."
Danielle are you saying, The respected, Wall Street Journal is suspect of false reporting and GTE is not.
Posted by: Danielle-
Post #of 31961
We do not know that...it is asserted as such in the supposed news article..which we know is very suspect.
Link to the Wall Street Journal Online Edition.
http://online.wsj.com/article/BT-CO-20060718-712807.html?mod=wsjcrmain
It is real.
Low, what effect on the share price do you think it would have should Dumas resign?
coastiretired, just look at the sales increase in the past 5 years.
Please don't look below the Total Revenue Line, as this company can well afford any delays.
Year Ended: 12/31/05 12/31/04 12/31/03 12/31/02 12/31/01
Sales $81,144 $28,996 $11,352 $5,972 $1,382
Sales Rel. Party — — 0.00 5,717 2,000
Total Revenue 81,144 28,996 11,352 11,689 3,382
Cost of Sales 80,730 29,187 8,841 6,408 1,657
Cost of Sales Rel. — — 0.00 159 54
Payroll/Taxes 3,119 1,249 283 138 161
Selling/Gen./Admin. — — — — —
Professional Fees 6,200 2,206 695 540 256
Officer's Salary 12,083 6,520 595 730 248
Banking and Financing Fees 789 — — — —
Investor & Public Relations 550 — — — —
Consulting Fees — 289 199 1,231 1,170
Bad Debts 1,373 1,141 1,410 445 578
Reimbur. Expenses — — — — —
Other Operating 826 156 161 95 73
Telephone 200 75 69 56 76
Advertising — — 105 16 0.00
Travel 883 241 95 73 49
Commision Expense 849 404 — — —
Research & Development 2,365 260 0.00 — —
Rents 481 126 46 41 93
Insurance/Benefits 673 127 102 83 95
Depreciation/Amortiz 236 54 44 44 31
Reincorporation Exp — — 0.00 247 —
Write-Off Secs. — 0.00 4,835 — —
Impairment Goodwill — — — — 8
Forg. of Accrued Int — — 0.00 43 —
Total Operating Expense 111,357 42,035 17,480 10,349 4,549
Operating Income (30,213) (13,039) (6,128) 1,340 (1,167)
Insurance Proceeds — — — — 5
Forgive Debt 0.00 268 26 — —
Interest Income 44 2 0.00 7 57
Interest Expense (176) (190) (113) (24) (25)
Gain on Disc. Ops. — 0.00 56 — —
Settlement of Liabiities (1,257) — — — —
Loss on Subsid. Sale (352) — — — —
Disposal Equip. 0.00 (57) (42) — (85)
Other, Net 0.00 (150) — — 22
Net Income Before Taxes (31,954) (13,166) (6,201) 1,323 (1,193)
Provision for Income Taxes 0.00 0.00 0.00 0.00 0.00
Net Income After Taxes (31,954) (13,166) (6,201) 1,323 (1,193)
Net Income Before Extra. Items (31,954) (13,166) (6,201) 1,323 (1,193)
Net Income (31,954) (13,166) (6,201) 1,323 (1,193)
Income Available to Com Excl ExtraOrd (31,954) (13,166) (6,201) 1,323 (1,193)
Income Available to Com Incl ExtraOrd (31,954) (13,166) (6,201) 1,323 (1,193)
Basic Weighted Average Shares 75,072 49,888 41,850 33,442 28,342
Basic EPS Excluding ExtraOrdinary Items (0.43) (0.26) (0.15) 0.04 (0.04)
Basic EPS Including ExtraOrdinary Item (0.43) (0.26) (0.15) 0.04 (0.04)
Dilution Adjustment 0.00 0.00 0.00 0.00 0.00
Diluted Net Income (31,954) (13,166) (6,201) 1,323 (1,193)
Diluted Weighted Average Shares 75,072 49,888 41,850 33,704 28,342
Diluted EPS Excluding ExtraOrd Items (0.43) (0.26) (0.15) 0.04 (0.04)
Diluted EPS Including ExtraOrd Items (0.43) (0.26) (0.15) 0.04 (0.04)
DPS-Common Stock 0.000 0.000 0.000 0.000 0.000
Gross Dividends - Common Stock 0.00 0.00 0.00 0.00 0.00
Figures from annual income statement. Figures in thousands except shares outstanding. Figures in parentheses are losses.
* Restated or reclassified quarterly results may be presented in irregular periods (something other than a traditional 3-Month or 13-Week quarter) when the restatements or reclassifications affect more than one quarter. In most cases, results for these irregular periods will be calculated by the Company Research data provider (Reuters).
When restated quarterly results are calculated for irregular periods, unrestated quarterly results may remain in Company Research for some prior periods. For instance, if first and second quarter earnings are restated and those results are combined in a single column labeled as the 6 Months Ending 6/30/05, the column labeled 3 Months Ending 3/31/05 may contain the original, unrestated numbers. Those unrestated results will be replaced with restated results — and then labeled as restated — when additional information is released by the company.
No irregular periods or calculated numbers are presented on Annual Earnings, Annual Cash Flow and Annual Balance Sheet pages. Those pages aren't adjusted until companies provide revised data for a full year. For instance, if a company restates earnings for only the third quarter of 2003, the annual results for 2003 won't be restated until the company releases restated annual results for that year in a subsequent year-end report.
Restatements occur under circumstances including the following: accounting for an acquisition; the sale of a subsidiary (which would be accounted for as discontinued operations); a change in the reporting company's accounting policies; and errors in reporting procedures or in previously reported financials.
Reclassifications will generally change the breakdown within the key figures of a financial report, but leave the overall totals unchanged. Reclassifications occur when a company's auditor or accounting department determines a figure was originally reported in an incorrect line item or category, or revenues/expenses originally booked in a given period should be allocated to a different period.
Fundamentals supplied by
Sell on good news and buy on bad news is the common strategy of Wall Street. The shareholders meeting was the good news that would put smiles on everyone's faces. After 28 positive trades on Gte,
I sold at my first loss last week, which was on the good news. Strat seems to be downplayed and Hotzone Wireless according to Dumas remarks is the key now. Do you realize how much it will cost per subscriber (check Comcast, Vonage, Sirius Satellite, Verizon etc,) ? Most people bought because of the Strat, my sentiment is there is lost interest in this company. The stock traded at $3.35 on June 3, 2005 before Hotzone was acquired on June 6, 2005, so investors didn't buy this company for Hotzone Wireless. The PPS is reflecting the sentiment on Wall Street right now. With no news one can expect it to only go lower, it's all in the hype.
IMO
GLTA
The questions asked by Ihub gave GTE a chance to make prepared responses to questions that would be asked by shareholders at the meeting.
Very clever.
Posted by: grapes
"PS. The disappointment for me was I was lead to believe from Rob that most of our questions we spent so much time over would be answered in Huff's presentation. Unless asked in the Q and A they were not."
So much more than "dissapointing" to me. First my heart sank and now my ears are hot with ANGER....
Siriuslyricher,
" Did you read the post from the ihub poster who stated that the website page was clarified, thus now no confusion about whether internet was needed? I find it odd when posters start a thread on a subject, raising a potential issue, but then do not respond when that is issue is resolved, but continue posting as if the alleged problem still exists."
Again another post by you of wrong information. What is your point? Read message:
#28334 dfmantx no offense taken. I think I got
dfmantx no offense taken. I think I got it. The go2 is an add on to your current phone service.
With the internet plan you can discontinue your current phone service and use that plan.
Correct?
Just seemed a little confusing for me, with the online billing etc. If a person had an internet connection why would they want a go2 plan?
siriuslyricher,It is easy to be a Monday morning quarterback after the facts and misquote what other people have said. Nor is it good to excessively pump a company when so little facts are available.
Had Voz Brazil made it clear on the Equipment and Setup area that on the 2GO plan no special setup was needed other then a standard phone there would have been no confusion. Before I am going to purchase anything I want to make sure there are no hidden catches.(You don't go and buy a printer and later find out you need a computer to run it). This is a new product and not everyone is familiar with it. How many other potential purchasers will read it the same way I did after going to the equipment and setup page? Also get your facts straight , no one said, "GTE had misled investors" I stated it was," Very deceiving add" and by going to the equipment and setup part, I can still say that because the 2GO add is on the same page as under "which Voz Brasil program is right for you? Ok I understand it now, how many other people won't and just will not bother to purchase this plan or inquire any further.
dfmantx no offense taken. I think I got it. The go2 is an add on to your current phone service.
With the internet plan you can discontinue your current phone service and use that plan.
Correct?
Just seemed a little confusing for me, with the online billing etc. If a person had an internet connection why would they want a go2 plan?
Your right, the link explains about radio adds, which will still have much potential.
"He also said that the ad campaign involving the World cup had
not started yet"
I would say it is a little out of Globetel's league. Started June 9th.
Click here: World Cup Soccer and the Hispanic Market | MarketingProfs.com
http://www.marketingprofs.com/6/borthayre2.asp
The month-long 2006 World Cup Soccer tournament will begin on June 9, and already commercials have been launched with soccer themes referencing the event. The heavy hitters behind those ads include 15 global brands, such as McDonalds, Coca-Cola, MasterCard, Nike, and Adidas.
Six Latin American teams have spots in the tournament this year (Brazil, Argentina, Ecuador, Paraguay, Costa Rica, and Mexico), as does Spain. The World Cup brings out an intense following and huge fan base among 42 million Hispanics in the United States. Ironically, four out of the six Spanish-speaking World Cup countries have fewer people than that.
And yet, in spite of the outrageous potential, there is little evidence of anyone but the big-name giants taking advantage of this potential marketing bonanza. Now maybe your corporation has $200 million to spend like Nike or a mere $50 million like Anheuser Bush—but if you're like most, that's a little out of your league.