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Those who promote a tempered attitude toward Nigerian potential and any positive news that describes potential as opposed to dollars falling into the coffers, have had there views clearly confirmed by yesterday's price action. The market's non-response to one of the firmest indicators of potential that I have seen Globetel produce to date was startling. Amazing really when compared to the rocketing share price that went along with Tim Huff's simple promises of a floating stratellite two years ago.
It may seem like rehashing the past but I lay it at Tim Huff's feet. Joe Monterosso's impressive efforts notwithstanding, the fact is that it is known to be Tim Huff's ball game in Mexico, and IMO that casts a pall over the veracity of the deal, making investors say 'show me the money'. So let's see it.
We may be witnessing an ironic twist to the story. A catseye focusing upon the past, casting doubt, mistrust and freezing the stock in it's tracks. Ironically this may be occuring at a monumental crossroads as gargantuan exterior forces shift and turn prior to a huge firestorm of trading activity.
But then again, NAAHHHHH!
rwehapi..yes very good to see the DECT confirmed like that. As a first for the industry, that really stands out.
Congratulations to Joe Monterosso on a careful, well thought out, and promising achievement in hammering out this agreement. This shows true talent and skill.
This isn't the final deal, but a fantastic prelude to it that imo will provide a rock solid foundation for future dealings in Mexico.
It's starting to look concrete. Maybe like some steak, TexMex style.
Any application whatsoever would be fantastic if it generates revenues. Even if it's tetherless advertising over car dealers and sports events, I would be ecstatic! Harbor security, prison security, depot security etc. Agricultural or environmental surveys. Something, anything, just make money!
You know, with all the interest the government, Lockheed, and everyone else has shown with High Altitude Airships, it's a safe guess that there will be a number of interested parties other than ourselves watching closely tomorrow, invited or otherwise.
The government may have cancelled their program, but they did spend millions on it. One would think that someone should monitor any further activities.
Excellent. thanks in advance. If it's too early, we'll just have to wait, I guess.
Is anybody here going to be in Palmdale tomorrow?
What if on Sunday our obstinate little stratellite tugs and pulls upon her nasty restraining tethers until suddenly she snaps loose of her moorings?! Then what if she races up and up until she can hear the roar of the jet stream just above her pointed little head? Why, then she'll just corkscrew around and over it, turn around right side up, and spiral on upward into the stratosphere until she comes to arrive at her rightful place in the earth's atmosphere. Then she'll smile down upon all the little hotdogs down below who will be cheering and dancing, just like the ones in Design's little cartoon.
Oh how happy we shall be.
At this point anyone who wishes to make an assumption about what the PR's actually mean for the future is doing just that, making an assumption.
This company is a neutral mix of demonstrated intentions and unachieved goals.
I don't think there is anything wrong at all with the PR's. They are informational and they don't say "we went broke", so I like 'em.
The difficulty arises for those who wish to draw firm conclusions from them, negative or positive. I'm not trying, so I'm dumb and happy.
Palmdale weather for Sunday;
Partly cloudy
Wind 9 mph
10% chance of precipitation
This is following a forecast of windy and cloudy on Saturday.
So it sounds like somewhat unstable weather by So Cal standards but it could very well be a nice day.
Rock,
I do not recall mention of DECT in PR's about Pachuca. That is very interesting, and very good, news.
In my opinion it was not the shareholders they were thinking of in pr'ing this; rather it is to show earnest activity (as documented by outsiders, independently) to disprove anyone who might have the decidedly incorrect impression that the project may be, shall we say, less than sincere? When that is the goal then who cares if it is behind schedule, just so long as it goes on public record that something, anything, was happening. again, all imo.
des...The production effort comes for free and there is no onus on Globetel be responsible for what is and is not included nor to do follow-up. Globetel knows that reporters are willing to show up at their demonstrations and do reports. They have done this three times now (April '05, last November with CNBC and other reporters, and now this latest one last month). Each time the impact lessens as investors realize that it doesn't really mean much, and every time they fall short in what they deliver and when. That is probably why there hasn't been much of the kind of coverage that they used to get.
What it does do is provide independant documentation of a continuing effort, which is very, very important for Globetel. That is why it got PR'd.
It's not that there is a mystery, it's just that there isn't a whole lot to show. The big question is why not? The part about the program not being available in the US is just a side issue that I doubt Globetel planned around or even cares about. All imo.
risk_it_us ... The article title "Mexico - Convergence, Broadband and Internet market"; little mention of Telecom EXCEPT to say VOIP mostly regulated out in past (thanks to Grupo and VPN power?) but VOIP on the move gaining foothold (is VPN in reactive mode with this yet to be formed JV with GTEM?)
At the end of article there is reference to another report entitled "Mexico - Key Statistics, Telecom Market and Regulatory Overview"; sounds interesting, should mention Grupo and VPN, but link dead. Can't find it on that web site, can you?
Your article is very interesting. Thanks.
IF JV happens, then one would expect VPN to be mentioned in an article like this maybe next year when they will have expanded into that realm. But I was making those kinds of speculations with Russia, so take it FWIW.
To put a side point on the discussion that Rocky and Good2be have had: the perception of many was that the NR described the actual joint venture deal. That is clearly not the case based on the careful, if somewhat cryptic, wording in the NR. This distinction is the crux of the discussion and now everyone I know of agrees on the meaning of those words.
Earlier some felt that it was bashing to make that point and thus prevent those who did not parse the words correctly from understanding their true meaning.
Why would stating truth be construed to be bashing or causing someone to think wrongly? I guess bashing must be in the eyes of the (pumping) bebagholder.
I resemble that remark.
sirius..agreed. The underlying news that plays out in this matter is independent of that article. Well said.
It is important to differentiate between the effect of news that may find it's release through this board (can affect sp) and the effect of individuals posting their views on the board (not very significant to sp although taken together, views may indicate sentiment).
Sometimes news and views get blended, but the relative effects of each remain the same, imo. Some may try to fake news, but that is fraud punishable by law and its affect on sp will eventually get worked back out.
Nerd, well said. I was having very similar thoughts regarding the relative merits of this vs the Russian deal. I like it.
You may call me also cynical but the PR says they signed an agreement "pursuant to which a joint venture WILL be formed", not yet formed. Then they go on to refer to this agreement to pursue a joint venture as a "joint venture agreement". But again, no actual joint venture has been formed, in my interpretation.
It seems like tricky wording. Plus no beef. I expect a fade after a pop if nothing else comes out. Gee, how do I know that? Must be getting really smart after all this time.
Congratualtions are in order to those who are working to pull this off, however. Certainaly this is welcome news taking steps in the right direction.
What about all the hype at the beginning that describes connecting in the middle of nowhere? There's the potential being reported. It doesn't matter though, because there is no credibility left. Promises and potential only go so far. We're at the end of the line for that kind of thing.
You're quibbling about style. That is the style that makes people read it. We are sitting ducks for this kind of thing. The other side of the coin that gets readers are big success stories. We're not qualified for that.
Show me the money, the rest will take care of itself.
The nature of reporting is about facts of the past. There are more of the kinds of facts you don't like than of the kinds of facts you do like. Future potential is a matter of opinion. The only thing we know about Mexico is as was reported. Globetel has given no numbers. Some kind of wireless deal. That's it. To say more could easily backfire, especially with Globetel's past. Next the investors doing the lawsuits would be sueing her for being overly promotional.
Not bashing. Just the facts.
Axel...mistakes were made. It can happen to anyone. Let's hope that the proper lessons were learned.
If so, maybe they get it right the next go around. Apparently we are getting money from somewhere and so not dead yet.
Yes the Strat concept is powerful, and could still come to fruition. One more push and maybe they will get it right.
"But for the Invader the competition would be tough. The established aircraft manufacturer proved already their ability with prototypes."
"But it's history now. An Invader development costs way to much."
These two formidable obstacles to the success of the invader project could have been analized and evaluated in advance of expending resources on promoting it.
Either Tim Huff and Co. failed to do so, or did it and got the wrong answers.
I know hindsite is 20/20, BUT they had plenty of development cost experience with the stratellite. Sizing up competition and making a rational decision isn't that tough to do.
Sounds like we were making emotional decisions based on a blind 'can do anything' attitude. Here's a case were 'having the vision' hurt more than it helped.
Odd when these old articles show up as being posted to a web site within the last 24 hours. It is from August '06, though. The funny part is that I don't recall Bob Jones as ever being described as the Owner of the Stratellite before. It's probably just sloppy reporting, but it stood out as I read it.
http://www.htlounge.net/articles/1534/1/Blimp-Wi-Fi-will-be-tested-in-a-few-weeks
High Tech Lounge - Gadgets, MP3, Auto, Phones, Software, Mobile, Games, News, Reviews, High Tech - http://www.htlounge.net
Blimp Wi-Fi will be tested in a few weeks
http://www.htlounge.net/articles/1534/1/Blimp-Wi-Fi-will-be-tested-in-a-few-weeks
Published on 08/29/2006
Sometimes, it's not back to the future but forward to the past. A new idea from a former manager at NASA harkens back to the days of blimps and zeppelins.
The name of this invention is "Stratellite." The engineer envisions a fleet of unmanned robotic blimps that will act as Wi-Fi portals on the high, hovering at 65,000 feet. The blimp looks familiar, but has a shark-like nose and packs a digital payload that proponents say is more aesthetically pleasing than the monstrous towers that dot the landscape now and will do so even more in the future. The blimps are designed to be aloft for 18 months or more before needing servicing.
This is not a new idea, of course, but it is a new era of Wi-Fi options. Stratellite owner Bob Jones, the ex-NASA scientist, thinks that the time is right... again.
A Stratellite prototype will be tested in a few weeks at Edwards Air Force Base in California. If investors like what they see, then the program might get off the ground in a big way.
Nerd...it is true that I do not know what is not made public. Judging by the share price I think it is the supposition of the market that no money is being made and, since nothing has been said about the financials, that will continue to be the baseline assumption until confirmed otherwise. That and the SEC hanging over everything.
At this stage in the game (and in any stage of the game for that matter) why care if there are longs, shorts, day traders, or swing traders all doing the things that they do to create a market? (note I did not include nakeds, but even they may be factored into this on the basis of corruption) All that really matters here is whether or not Globetel makes money; all the rest of the noise rides on that fundamental frequency. So far no money, no contracts, nothing of substance, just talk and failure to deliver. (the higher share price turned out to be unfounded, the shorts destroyed it, that's the law of the jungle)
If you are concerned about the effect of daytraders, doesn't that mean that you must be working on the same time horizons that their actions are calculated to affect? I mean, if it dips before good news, what do I care unless I am trying to play at it also? You sound like a long; if so, don't sweat it if you are confident of your expectations.
ISIS still alive for LM. Maybe the antenna part is LM's and the airship is Raytheon's? Anybody's guess I guess...
http://www.janes.com/defence/air_forces/news/jdw/jdw070212_2_n.shtml
Skunk Works shakes up major projects
By Nick Cook Jane's Aerospace Consultant
Palmdale, California
As a result of a continuing shake-up of US government-funded research and development (R&D) programmes, the Lockheed Martin Skunk Works has had to suspend development of its submarine-launched and recovered Multi-Purpose Unmanned Aerial Vehicle (MPUAV), but is forging ahead with five major unclassified R&D initiatives, details of which have been provided to Jane's.
The five major projects that are set to continue to attract R&D sums at the Skunk Works' facility in Palmdale, California, are: a ship-launched UAV, the VTOL Advanced Reconnaissance Insertion Organic Unmanned Systems (VARIOUS); an airship adapted for near-space surveillance operations called Integrated Sensor Is Structure (ISIS); a Mach 10-capable stratospheric strike/reconnaissance aircraft known as FALCON - for Force Application and Launch from Continental US; the Hybrid Aircraft, part lifting body, part airship; and the Revolutionary Approach To Time-critical Long Range Strike (RATTLRS), a quasi-hypersonic missile.
hmmm..could be someone who works with Miss Katz and wishes to do her harm. Might then have knowledge of what one of those e-mails should look like. It was rather convincing.
This talks about a 'Galileo' program I don't recall seeing before:
http://www.usnews.com/usnews/news/badguys/070208/weird_warfare_blimps_animals_a.htm
Following is from a link in the above article. It says "the budget for the Aerostat Joint Program Office just jumped from $243 million to $481 mil." This reported in the context of Lockheed's getting cut:
http://www.defensetech.org/archives/003259.html
Not that this reflects in any way on Globetel (it probably doesn't imo), but of general interest to those interested in HAA's.
...5 acre site. hmmm
Forest Service building new District Office in Palmdale area. Probably totally irrelevant, but then again, maybe something included in the budget for some new equipment? If they were going to do something, then now would be an opportunity. One can only wonder after all this time of nothing said.
http://www.lacanadaonline.com/articles/2007/02/08/news/lnws-forestoffice208.txt
Forest Service Announces Land Purchase for New District Office
ANGELES NATIONAL FOREST — Forest Service officials announced late last week they have selected and purchased a building site for the new office of the Santa Clara Mojave Rivers Ranger District in Acton.
The 5-acre site is located off of California State Route 14, midway between Santa Clarita and Palmdale, and central to the portion of the Angeles National Forest administered by the district office.
The new office compound will include a 6,000-square-foot office building, a 6,000-square-foot warehouse, a shop, and storage shed. Construction is planned to start later this year.
"This new facility will enable us to better serve the public while also allowing us to become a valued member of the Acton community. We look forward to working with our new neighbors," ANF Supervisor Jody Noiron said in a prepared statement issued Feb. 2.
Noiron also expressed her thanks to the Trust for the Public Lands (TPL), who facilitated the transfer of the property from private to public ownership. "The opportunity to purchase this property at this time would have been lost without their help," she said.
My sense of fairness says that as a taxpayer financed project bought and paid for (probably three times over) all technology and knowledge gained from the work that was done should become public domain and therefore available to private interests to utilize as they wish. Yeah, I know, national security. The old 'if we tell ya we gotta kill ya' joke. Ok, then how about the non-classified parts.
...so this article is referencing the program that has been cancelled (my bold)
High times ahead for airships
By Dean Irvine for CNN
LONDON, England (CNN) -- At best you would probably associate airships with enormous floating advertisements, at worst, the Hindenburg disaster, but what might seem a form of transportation from another era is currently undergoing a re-launch. From high-altitude surveillance to a hybrid luxury cruise liner, our skies may soon be home to the next generation of multi-purpose airship.
Traditional helium blimps or airships seem slow and bumbling in comparison to modern jets and seem to have little place in our world when time is of the essence. But one independent company does not see them that way.
Worldwide Aeros Corp. are developing a new vehicle. Called the Aeroscraft it is unlike anything else in the sky, with a rigid structure and aerodynamic designs that could provide luxury passenger travel and super-sized cargo freighters of the future.
"We're developing the Aeroscraft as a commercial vehicle, one that can carry commercial cargo with point-to-point delivery," Edward Pevzner, business development manager for Aeros Aeronautical Systems, told CNN.
As a concept, airships seem perfect for the task of solving some heavy problems such as carrying cargo to remote areas with little or no infrastructure.
They have short take off and landing capabilities and so do not require a runway and have the capacity to carry large amounts of equipments. This is thanks to their design, which means bigger is better.
If an airship's length is doubled, the surface area, and therefore the weight goes up by four times, while its lifting capacity (volume) rises by eight. While the theory is good in practice, there are problems with traditional helium filled airships lifting heavy weights.
Unless there is a form of ballast, an airship, traditionally lighter than air because of the helium, is just going to be pulled down if it attempts to haul goods up into its payload.
"There have been plenty of models to deal with this problem, but nearly all are completely unworkable. Ideas of using water, either jettisoning some or taking more onboard, are really unworkable -- what if you're in a land-locked country? Using ballast to manage an airship just gives you more headaches than anything else," said Pevzner.
The solution: the Aeroscraft, a heavier-than-air vehicle, unlike traditional airships, with a revolutionary way to manage helium. The gas makes up only 70 percent of vehicle, and as well as providing the means to load and unload heavy equipment it can be managed to react to outside conditions, payload weight or even passenger movement inside.
Enormous rear-mounted propellers provide the rest of the lift, maneuverability and Pevzner estimates the top speed of these future monsters of the sky to be around 140 mph.
It's a far sight from the blimps floating over sporting events at a sedate 20 mph, and so different in its design that the U.S. Federal Aviation Authority has classified it as a new type of airborne vehicle.
As a concept super cruise liner, it would be able to hover over landmarks and cities, offering incredible views. It would be a huge sight in the sky as well -- Aeroscraft's biggest designs measure almost 200 meters in length and could carry 500-ton payloads.
This is the top scale size of the Aeroscraft and one that prompted the Defense Advanced Research Projects Agency's interest with their "Walrus" program. Their wish was for a 500-ton super-freighter that could deploy military equipment and supplies to remote regions without the need for infrastructure such as roads or airports. Their interest may have waned for now, but the smaller model currently being developed is proving that the concepts really work.
Spy in the sky
While the Aeroscraft could change transportation and travel, elsewhere airships are being developed to create a very watchful eye in the sky.
Ron Browning, head of business development of surveillance at Lockheed Martin has been overseeing the High Altitude Airship (HAA) project contracted to them by the U.S. Missile Defense Agency.
"It's a very science-intense project, which most people don't realize it's not just a case of scaling up what you already have," he told CNN.
The problems that have to be overcome are the environmental conditions: the low air density at an altitude of 65,000 to 70,000 feet, plus the impact the sun's rays has on a helium filled airship at such a height.
Browning and his team have developed a flexible composite envelop that is able to retains it's shape from take off to its position 12 miles up -- the first of its kind.
Powered by solar panels feeding batteries, and later fuel cells once the technology is perfected, it is designed to hover in one position for as long as is necessary. Spying and communications are its primary functions, but there could be others.
"It's designed to always be there and always be on, whatever the mission. There isn't a single configuration for it; it could be homeland security such as watching country boarders or military needs. It can also have sensors mounted on the envelop," said Browning.
Meaning that it could look up and out as well as down, keeping an eye out for any incoming ballistic missiles or satellite-busting weapons, as well as watching what is going on below.
From 12 miles above the Earth's surface there is a horizon diameter of around 750 miles. Twelve HAAs, equipped with high-definition cameras, could keep watch on the whole of the U.S., 24-hours a day, adding another strata to our surveillance society.
If development continues, an ever-watchful eye in the sky and a super-cruise liner or freighter could become reality rather than just a lot of hot air.
Find this article at:
http://edition.cnn.com/2007/TECH/science/02/02/ft.airships
Is this Lockheed's project???
http://www.defensenews.com/story.php?F=2533582&C=america
MDA Budget Blueprint Alters KEI, Terminates High-Altitude Airship
By JOHN T. BENNETT
The U.S. Missile Defense Agency has sent Congress an $8.9 billion spending request for 2008 that changes the Kinetic Energy Interceptor program and terminates the High-Altitude Airship effort.
That would be some $300 million less than appropriated in 2007.
Budget documents provided by the agency also show MDA intends to seek $9.4 billion for 2009. That also was the total amount of the 2008 request until White House budget officials in recent months instructed MDA to trim its spending blueprint by $500 million “because there were higher-priority things in the department,” the official told reporters.
The $8.9 billion MDA request is part of a larger $648.7 billion Pentagon-wide 2008 spending request that was delivered to Capitol Hill Feb. 5.
Among the changes to accommodate the $500 million reduction were:
• Deleting the warhead part of the Kinetic Energy Interceptor, turning it into a “booster-only program.” The change comes with the caveat that the program could be shifted back to an interceptor development effort should the Airborne Laser effort fail in coming years, the official said.
• Putting the kibosh on the High-Altitude Airship effort, which envisioned an unmanned lighter-than-air platform that could operate at altitudes higher than the Earth’s jet stream to provide a persistent method of gathering surveillance and weather data. It also would have been able to pass telecommunications signals between military platforms.
• Delaying by two years a follow-on program to the Space Tracking and Surveillance System effort. The agency’s plan for the successor effort was to launch the first satellite in 2013; under the 2008 budget plan, that launch would occur in “2015 or 2016,” the official said.
The 2008 request also trims the number of missile “kill vehicles” being developed by the agency, the official said. Gone is the vehicle portion of the KEI effort and the Exoatmospheric Kill Vehicle; still under development are the Multiple Kill Vehicle and the Block 2A missile programs.
“We came to the conclusion that we could not afford four kill vehicle programs,” the official said. In a related change spelled out in the agency’s budget plan, the vehicles produced under the two remaining efforts would be “modular,” meaning they would be built with “common components,” according to the agency official.
rwehapi2003...excellent question, not only on the face of it but also because it leads one down other paths. While I am not comfortable with the following, it has come up time and again since back with the Russians. Why would someone who is considering a national rollout go with GTEM? This became the successful basis for the short attack that followed the Dec 05 Russian deal pr, because the answer is/was 'nobody'. After all there is Alvarion, Motorola, and the rest who can do and have aggressively done many WIFI and WIMAX clouds all over the world. I used to think it was also the switching, Magic Money blah blah blah, but those things are gone and/or readily available in the market place, plus we're all talk and no action (money action) in those areas anyway. Yes we have DECT in the box, but how difficult can that be really, is it truly proprietary, and do the Peralta's really want that? Nothing I have read says so, but I will concede that this is a potential explanation for their stated interest, if it is earnest. Once again we are being told a large scale deployment could be coming. Other than the possibility of DECT, the only other justification that I can think of is the Strat. I choke on those words because we don't HAVE a Strat. Assuming that GTEM charges fair market value for terrestrial wireless broadband, even I would go to Motorola with my millions of dollars before I would spend it on an unknown commodity like GTEM, so it must be the strat, right? The least desirable explanation I can come up with is the old Seth angle, which is that we are gaming this thing with enough truth in it to keep us out of jail (therefore nothing illegal, mind you) but the only results are profitable stock plays, long, short, just follow the program (see Low).
At this point any of the above is possible in my mind. These are my opinions only; I have no factual basis for them. It is one of the most difficult puzzles I have ever come across. For those who have had one position all along and they happen to turn out to be right, they are either dumb lucky or have inside info, imo.
..And to try to answer your question directly, I can only go back to the old model that says the strats will be cheaper than building the terrestrial towers needed to accomplish the broadband wireless backhaul from remote parts of the country, but an MBA needs to run those numbers to see when it makes and when it breaks (which can't be done because, again we haven't actually deployed the stratellite technology as of yet). That and maybe the Mexican government wants them up there for whatever reasons that they may have.
I have dubbed this my State of Confusion address.
exactly, that is why I want skillfull negotiations now, not this 'learn by baby steps' nonsense that has occured in the past.
they do not refer to it as an agreement anyway. It is an 'arrangement'. They arranged their respective intentions relative to each other and some cash was tossed in to do a test. That's it.