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More on LTC Intellectual Property:
I googled the LTC website for some intellectual property key words. The results and a few comments follow. The form of the search was “<key word> site:www.lithiumtech.com”.
Key word occurrences below are bold and underlined. Important context has been bolded.
Search terms: patent(s), patented, proprietary, license(s) , licensed, unique, uniquely
Main Web Page:
Technology Section: LTC's wholly owed affiliate GAIA Akkumulatorenwerke in Nordhausen, Germany employs a unique patented extrusion process for producing electrodes for lithium ion cells. This process is environmentally friendly (no solvent) and eliminates the need for expensive explosion proof coating and solvent recovery equipment. Using high speed winding and a unique assembly technology, large cylindrical cells are manufactured. In our Plymouth Meeting facility, we have the capability to build large footprint flat cells and stack them to form large batteries. Our proprietary technology includes critical composition, processing, and packaging aspects of the battery. Our coating, lamination and extrusion know-how enables us to achieve uniformity and consistency through a range of application techniques. Batteries for the consumer, transportation, and industrial markets require different electro-chemical systems that we believe can be easily accommodated by our extrusion process.
Technology Section: LTC has its own proprietary BMSs and also uses proprietary commercial units developed for LTC such as shown below:
Technology Section: LTC's unique technology allows for the production of very large cells with a high capacity and high power capability. These cells form the building block for batteries assembled by electrically connecting them in series and in parallel with an energy content from 10 times the capacity of a standard laptop computer battery to 100,000 times greater.
About Section: Lithium Technology Corporation ("LTC") was incorporated as a public company in 1994. Our shares trade under the symbol LTHU.OB on the NASDAQ OTCBB. LTC is a global provider of power solutions for diverse applications. The company designs, engineers and builds custom lithium ion rechargeable batteries complete with battery management systems for use in military/national security, transportation and stationary power markets. LTC also produces its own unique cells. LTC offers cells with the highest power of any standard commercial lithium ion cell in the western hemisphere (most amperes or watts per kilogram). LTC cells are also the largest lithium ion cells produced in the western hemisphere (most energy capacity - watt-hours or amp hours). Our leading technology capabilities, manufacturing infrastructure and management strengths enable us to provide a unique breadth of solutions in battery design, manufacturing, marketing, and delivery. Industrial, retail and government customers include NASA, Lockheed Martin, Thyssen-Krupp, Exide, scientific research facilities and the national defense agencies of the United States, United Kingdom and Germany, among others.
About Section: GAIA began as a venture business based upon proprietary, novel manufacturing technology in 1996. GAIA has developed technology to continuously extrude lithium-ion polymer electrodes and the separator that contains the final electrolyte solution. This simplifies the manufacturing process by eliminating process steps such as drying coatings, extraction of plasticizer, and cell activation with electrolyte solution. The result is a liquid-free process that operates at lower cost and with minimal emission of organic solvents. GAIA Europe unit's plant is a modern facility with state-of-the-art automated equipment for extrusion/coating, lamination, winding, packaging and formation/testing.
Customized Solutions Section: LTC has partnered with several customers to develop special purpose batteries for unique applications. These customers list include NASA with the Spider Robot project, Sanswire (GlobeTel) with the High Altitude Airship project, Phoenix International with the xBot Underwater Unmanned Vehicle project, Penn State University with the Hybrid Vehicle competition project, Exide Technologies with a rack mounted battery solution, TyssenKrupp (a European submarine manufacturer) to jointly develop and manufacture very large lithium ion cells for manned non-nuclear submarine propulsion, and many more.
Press Releases:
PR – 12/19/05, 4/4/06, 4/6/06, 6/5/06: LTC manufactures the GAIA(R) product line of large, high power hermetically sealed rechargeable lithium ion cells and batteries. The Company's product portfolio includes large cells and batteries from 10 times the energy of a standard laptop computer battery to 100,000 times greater. LTC produces high power cells designed for HEVs and military applications that can discharge hundreds of amps in times as short as a few minutes, and high capacity cells for applications such as back-up power and remote standby installations. Cells are manufactured in both cylindrical and flat form and employ proprietary extrusion, design and assembly technology. LTC manufactures a variety of standard cells that are assembled into custom large batteries complete with electronics (battery management systems) and electronics to communicate with other components of the system for performance monitoring.
PR – 5/31/06: We have spent nearly $82 million advancing our technologies, and we are now in a position to manufacture and sell highly reliable, cost-effective advanced lithium-ion rechargeable batteries to our target market segments, to further develop our technology, and to license out our technology.
PR – 1/31/07: LTC is committed to providing sound energy solutions to the automotive market. The company has developed a comprehensive range of battery technologies and systems to satisfy all automotive on-board power/energy storage needs, from high energy requirements for Electric Vehicles (EVs) to high power systems for Hybrid Electric Vehicles (HEVs). The company combines its innovative end-to-end manufacturing processes with proprietary design, packaging and assembly techniques to supply customized battery systems specifically designed to each unique requirement.
PR – 2/8/07: LTC, a global provider of large lithium-ion rechargeable power solutions, has been providing advanced battery solutions for more than twenty years for the world's most demanding applications. The Company's unique, patented technology allows it to meet and exceed the stringent requirements of the military market.
PR – 5/14/07: LTC, a global provider of large lithium-ion rechargeable power solutions has focused solely on the development and production of large format lithium-ion batteries for more than twenty years. Unlike others, our advanced cells use LiFePO4 licensed technology, developed by Prof. John Goodenough with the University of Texas and supplied by Phostech; this chemistry coupled with the company's innovative end-to-end manufacturing processes and proprietary design, packaging and assembly techniques, allow LTC to provide high performance cells unmatched by any other product.
Note: BMSs = Battery Management Systems.
Note: See http://www.phostechlithium.com/ for information about Phostech.
Summary and Comments:
Patent Issues: See individual patents for details. Most prominent mention here is LTC’s patented extrusion process (no solvent required). The University of Texas has two important patents regarding LiFePO4. A123 Systems (which has a contract with Black and Decker) is being sued for allegedly infringing on these patents. LTC avoids this problem by using cathodes from Phostech, which licenses the University of Texas patents. [At least that is my reading of the situation.]
Proprietary Issues: Possibly, but not necessarily patented. Could include trade secrets or licensed technology. Extrusion, composition, processing, design, packaging, assembly, BMSs.
License Issues: LTC uses cathodes from Phostech, which licenses the University of Texas patents. In addition, LTC hopes to license some of their technology to others.
Unique Issues: In addition to the above, LTC claims to be unique in being able to make very large, high energy capacity, and high power cells, at least within the western hemisphere.
- guy6
LTHU Patent position:
I found 8 patents with assignee Lithium Technology at the US Patent Office website.
http://patft.uspto.gov/netahtml/PTO/search-adv.htm
My query text was "AN/(lithium and technology)".
I recommend going to the site for details, but here is an overview:
1.
# 7,186,478
Electrochemical device
2.
# 6,468,697
Composite polymer electrolytes containing electrically non-conductive chopped fibers
3.
# 6,326,105
Composite polymer electrolytes for alkali metal electrochemical devices which contain a non-woven glass fiber net
4.
# 6,251,540
Composite electrode for electrochemical devices having a metallized glass or ceramic fiber current collector
5.
# 6,232,019
Gel electrolytes for electrochromic and electrochemical devices
6.
# 6,134,773
Method for automatic mass production of electrochemical cells
7.
# 6,080,511
Composite polymer electrolytes for alkali metal electrochemical devices which contain a glass fiber net
8.
# 6,080,267
Method of electroconductive fastening of current collectors and terminals in electrochemical devices
According to what I read, for example
http://271patent.blogspot.com/2006/09/patent-battle-heats-up-for-lithium.html
and
http://www.spectrum.ieee.org/jan07/4848/2
others have patent positions and manufacturing technologies as well.
- guy6
Toyota has interest in Panasonic
I am fairly new to this board. Sorry if this has been commented on before. It seems relevant to me in that for Toyota, the playing field for lithium batteries might not be level.
The following is a quote from
http://www.hybridcars.com/technology-stories/lithium-ion-batteries.html
published in January 2006.
The entire article is worth a read, in my opinion.
QUOTE:
Toyota, with big hybrid dreams, is not waiting for the small players to deliver. The Japanese maker of the Prius and Highlander Hybrid recently spent $740 million to establish a nine percent ownership stake in Fuji Heavy Industries, which makes advanced hybrid batteries (and Subaru vehicles). In October, Toyota also increased their equity in Panasonic EV Energy from 40 to 60 percent. PEVE, the world's leading supplier of nickel metal hydride, will act as they key player in Toyota's recently announced venture to develop a lithium ion battery for hybrid cars.
END QUOTE
- guy6
iPhone clarification:
Thanks, dawson-m.
QUOTE from Apple PR [my bold]:
iPhone will feature up to 8 hours of talk time, 6 hours of Internet use, 7 hours of video playback or 24 hours of audio playback.* In addition, iPhone will feature up to 250 hours-more than 10 days-of standby time.
END QUOTE
On a quick look, I did not see the words "lithium ion" in this press release, although a lithium ion battery is in fact used.
QUOTE from http://www.ipodbatteryfaq.com/#23 [my bold]:
The iPhone uses a lithium ion battery, as do nearly all mobile phones and portable devices. The exact battery manufacturer(s) and battery specifications are not yet known.
END QUOTE [note: site not affiliated with Apple]
- guy6
Direct link to presentation:
Here is a direct link to part of LTHU's presentation.
http://tinyurl.com/2uprlp
This version was taken from today's [5/24/2007] 8-K filing with the SEC.
Alternatively, find the filing and click on Sub Document 2.
- guy6
Thanks for the response, pokestake.
I see the logic of your subscriber model for the first several months, especially if word-of-mouth is the main driver of subscriber growth. You'd expect exponential growth (geometric progression) until some degree of saturation slows down the growth rate. The fact that the buildout will presumably be somewhat linear is a complicating factor.
Of course, both of our models lean very heavily on the subscriber projections provided by our JV partners. I trust that the projections are based on extensive knowledge of the Mexican market.
- guy6
Per Month Fee in Mexico:
Pokestake, thanks for alerting me to the fact that the per month fee to be charged in the Mexico JV can be approximated from the Mexico projections contained in the new link.
I've put together a figure of about $33 - $36 per month, using somewhat different assumptions.
Connecting the subscriber data points
(0,0), (1,62), (2,150), and (3,250)
[ (year, projected number of subscribers by year end in thousands) ]
visually yields an approximately linear pattern. I don't think that the short doubling time you propose is supported by this pattern.
Here is my method:
Form the graph connecting the above data points, except express time in months instead of years:
(0,0), (12,62), (24,150), and (36,250).
The area of the region under this graph represents the total number of (thousands of) subscriber*months, on which the revenue will be based.
Assuming the graph is a straight line between adjacent data points, the area is approximately
12*62/2 + 12*(62+150)/2 + 12*(150+250)/2
= 12*31 + 12*106 + 12*200
= 12*(337)
= 4044.
That is, there are approximately 4044 thousand subscriber*months.
The total revenue at the end of three years is projected to be 132 million.
Revenue = (subscriber*months) * (per month fee).
Thus (per month fee) = Revenue / (subscriber*months)
= 132 million / 4044 thousand
= 32.64.
My method tends to slightly over-estimate the number of (subscriber*months), so the figure given for (per month fee) is most likely a slight under-estimate, although I am not sure to what degree. A fee in the range $33 - $36 or so seems likely to me, however. The upper end of this range is currently about 400 pesos.
- guy6
Reply to siriuslyricher:
<...affordable for students, working-class and middle-class individuals in smaller cities and rural areas, not to mention the wealthier people in those areas, areas which do not necessarily even have broadband access currently available.>
Right. Your list of groups / regions nicely supports my basic point. These are groups / regions that might not have broadband currently, but would be potential customers if broadband became available and/or more affordable.
- guy6
Some comments on the post by risk_it_us:
NEWS RELEASE QUOTE
The business model calls for an aggressive implementation of the HotZone technology throughout multiple markets within Mexico....
UNQUOTE
RIU QUOTE
"multiple markets" suggest existing but sub-standard and dial-up access.
UNQUOTE
Comment: "Multiple markets" suggests multiple markets, which could well include lower-income users as one component.
NEWS RELEASE QUOTE
The reliance on dial-up access in areas without broadband service, or in areas with large low-income populations, presents a significant barrier to the widespread social diffusion of the Internet.
UNQUOTE
RIU QUOTE
"reliance on dial-up" speaks for itself and "low-income populations" simply means non-existant services yet marketable to the poor.
UNQUOTE
Comment: Some areas of Mexico are wealthier / more urban / more developed than others. Broadband is far from universally available, and it has not been commercially feasible to provide broadband to all areas. But the dynamics could change if new technologies allow broadband to be provided at a competitive price point.
NEWS RELEASE QUOTE
The HotZone technology will lower the cost of services and barriers to entry to a point that we expect to have overwhelming acceptance of the product.
UNQUOTE
RIU QUOTE
"we expect...." ???? really ? globetel expected many things and got few things. This is an undisputable fact.
and
"entry to a point that we expect to have overwhelming acceptance of the product"
OVERWHELMING, what a nice word. It could only mean one thing in the globetel way. LOW OR NO PROFITS. After all is it not gtem's history of marketing and building out projects that result in unprofitability ?
UNQUOTE
Comment: Perhaps, but this is a quote from Carlos Peralta, not GlobeTel. I assume he has attained his reputation through business savvy.
RIU Quote
1) Why with such a huge money ladened partner (Grupo) are they going only after the poor and undeveloped peoples and areas ? because broadband already is proliferant and successful in Mexico in the successful and developed areas. and 2) Why haven't the large broadband suppliers that are successful in the developed areas (some of which are provided by Grupo) attempted this endeavor already ? simple, LOW OR NO PROFITABILITY.
UNQUOTE
Comment: Providing a cheaper means of providing broadband expands the pool of people who can afford it, and broadens the regions for which it is feasible to provide it.
- guy6
Thanks for the response, Sanswired.
I understand your point.
I personally think that Rob used language too carelessly in the line "...opinion presented as fact (particularly the lies by Jones and Sands)..." [see nilremerlin post 65763]. Perhaps his standards in word choice, as for most of us, are looser in e-mail correspondence.
Note how inoffensive it would become if instead of "lies by" Rob had said "attributions to", or even "misleading attributions to". Rob had already characterized the attributions as "opinion presented as fact".
I suspect that what bothered Rob the most in the portion of the article attributed to Jones was not a direct quote, but the line reading "Jones says that, based on what Sands saw, it was a sign that things have not gone well since his departure."
On a lighter topic, the fuss over Rob's use of "our door" [see nilremerlin post 65763 again] brings to mind the fuss resulting some time ago when Rocky referred to Huff as "our CEO". Some poster(s) took this as virtual proof that Rocky was an employee of GlobeTel.
- guy6
Mostly to Sanswired:
I've read the last few posts with interest.
Thanks nilremerlin, Sanswired, and others.
Sanswired, I know that at one time you had established a relationship with Bob Jones, to the extent that you could e-mail questions to him and get them answered. My memory is that you eventually got sick of all the bickering on this board, and quit posting his responses.
In any case, it occured to me that you might actually know why Bob Jones left, assuming that you kept up your contact with him. If you do know the answer, you might prefer not to disclose it - I understand that. But I was wondering if you had any insight into this that you could share.
Thanks.
- guy6
News: New CFO:
http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-newsArticle&ID=930402&highligh...
GlobeTel Communications Corp. Appoints Chief Financial Officer
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Nov. 13, 2006--Further to Chairman Przemyslaw L. Kostro's November 2 statement regarding the restructuring of the Company's financial operations, GlobeTel Communications Corp. (OTC:GTEM) today announced the appointment of Michael DeCarlo to the position of interim Chief Financial Officer.
A certified public accountant since 1981, Mr. DeCarlo brings to GlobeTel an extensive base of international accounting and auditing experience at firms now known as Deloitte-Touche, Ernst & Young, Berkowitz Dick Pollack and Brant, and Mallah Furman and Company. His full 28-year career comprises the public accounting and private sectors, principally providing forensic accounting, litigation advisory services, investigations and dispute resolution; auditing of public companies and multi-national businesses; due diligence in connection with mergers, acquisitions and divestitures; and business advisory and consulting services.
Mr. DeCarlo has served as an appointed member of the Accounting and Auditing Committee of the Florida Institute of Certified Public Accountants, and is a member of the Association of Certified Fraud Examiners and the Association of Forensic Accountants. He is also past president of the Board of Directors of Miami-Dade Area Health and Education Centers.
Peter Khoury, Chief Executive Officer, stated, "Implementing positive change within our Company necessitates a new breed of Chief Financial Officer for GlobeTel. I expect Michael DeCarlo's proven track record of accurate financial reporting, acumen in financial and operational analysis and impressive skill will enable us to follow through on our mission to restore credibility and build shareholder value."
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated suite of telecommunications products and services, leveraging its advances in Stored Value, VOIP and Wireless Access technologies. Individually, each of GlobeTel's five business units function as distinct, stand-alone entities. Together they form a powerful alliance of human talent and technological innovation resulting in the SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform and products enabling simpler, cheaper transmission of voice, data and money. GlobeTel has historically focused its business development on markets outside of the United States. For more information, please visit: 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 Securities Litigation Reform 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.
CONTACT: GlobeTel Communications Corp., Fort Lauderdale
Robert Bleckman, Director of Investor Relations
954-775-1427
SOURCE: GlobeTel Communications Corp.
coastiretired - Caterham:
From Rocky's post #770 on his message board:
http://www.rockyinfo.com/message_board1.htm
"Does Caterham still have 50%+1 voting rights? No, that ended April 30th, 2005, they have one vote per common like you and I. They converted Pref. B shares to 12,931,334 common at year end 2005. 1st qtr filing should indicate the amount they have sold, if any."
Anyone who's been around GlobeTel for a while will tell you that Rocky is the master of due diligence on the company, and is well-versed in financial matters such as the issue you raised. For many, his word is regarded as fact. If you have further concerns, you can contact him directly through his site. Contact e-mail is at the very bottom of each page there.
See also his information site:
http://www.rockyinfo.com/
- guy6
Notes on Tass article:
[My notes on points in article and my reactions, FWIW. - guy6]
* ultimate source is Internafta, via Vedomosti, with minimal GlobeTel contact
----- [GlobeTel Wireless Europe denial]
* confirms that Internafta was established specifically for the project
* reveals identity of two 25% shareholders [Vadim Tataurov, Sergei Zhukov]
----- [why secret before but not now?]
* negotiation time frame ["November"] not as described by GlobeTel
* I can believe that Huff did push the deal along, but the Russians signed off on it
* "Internafta failed to meet the deadline for its first payment"
* "nobody took into account the Russian New Year holidays"
----- [the Russians were there, right? Oh yeah, they "forgot"]
* "Internafta made the first payment but at a later date"
----- [but in a form totally unacceptable to GTE]
* "GlobeTel lost interest in the project after the agreement was signed"
----- [fat chance, but perhaps suspicion was aroused, leading to more cautious approach by GTE]
* "GlobeTel's managers offered them to buy GlobeTel shares before signing the contract"
----- [I would have a problem with that. But I don't take the source as entirely credible]
* "GlobeTel's shareholders accused the company of faking the agreement"
----- [I won't dignify that with a comment]
* "Some Russian market observers speculated [that Internafta] might have [tried to] obtain a developed business plan from GlobeTel [edited] without having any intention [of executing the contract]."
----- [Interesting. Russians speculating about Russians gives this some credibility.]
45,000 feet in June?
Rocky has called "45,000 feet in June" into question.
For more information, see Rocky's post #838 on his board:
http://www.rockyinfo.com/message_board1.htm
- guy6
WSG pro and con:
The Fax number is the same. [As itsjustme suggested] small offices sometimes share switchboards, faxes, etc.
On the WSG web site, "Solutions" tab,
http://www.wsg.co.za/solutions.htm
there is mention of WIMAN systems = Altvater's old business = precurser of HotZone.
- guy6
Comment on "unregistered Internet bank":
Quote from the NYP piece:
<...Rubikon Partners looks to be not much more than a one-office outfit running what U.K. authorities say is an
unregistered Internet bank that investors should avoid.>
A Google search for "Rubikon Partners" gave a few pages of results. Hit #6, on the first page, yielded
"Unauthorized Internet Banks"
http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/internet.shtml
Quote from opening paragraph of above link:
<This list contains the names of entities promoting themselves over the internet and purporting to be banks and/or offering banking-type services, however none are authorised by the FSA. Consumers who deal with these entities should exercise caution as they will not get the benefit of the UK compensation and complaints schemes if anything goes wrong or if they have any complaints.>
Comments:
(1) The author of the NYP piece most likely Googled "Rubikon Partners" as well. It's easy to see why this caught his eye, and he didn't really have to dig very hard for it.
(2) Some of the institutions on the list certainly sound like banks, and for them it would be a bit of a red flag for them to not be authorized, as per the quoted warning. However, Rubicon Partners is clearly in a different category.
(3) The quoted warning is generic. No specific censure of Rubikon Partners is implied.
- guy6
lowtrade: craigba, post #24089
http://www.investorshub.com/boards/read_msg.asp?message_id=10804654
- guy6
10-Q Date:
Unless I have missed something, the filing due date for GTE is May 15.
The due date for accelerated filers is May 10 (tomorrow), but GTE has followed the dates for non-accelerated filers in the past.
For reference, see
http://www.secfile.net/SEC_calendar.htm#EDGAR_Filing_Deadlines_for_Quarterly_and_Annual_Reports
- guy6
STEVEN_D: Posts about Palmdale facility:
Here are some previous posts that answer your question.
The second one is especially fun.
Post #20775
http://www.investorshub.com/boards/read_msg.asp?message_id=9784177
Post #20962
http://www.investorshub.com/boards/read_msg.asp?message_id=9893883
- guy6
Hi, Design. NPR story dated 2005.
I remember hearing a bit of the story a year ago. [I was driving at the time and just heard part of it.] I checked my previous post, and it was dated 4/13/2005, as was the story in your link.
- guy6
mide and multivalue:
Thanks very much for the point/counterpoint posts.
Good discussion of points of concern to all of us.
mide: Thanks very much for stepping up to the plate and moderating after Rocky's departure. You kept it sane, and it very easily could have been otherwise. Glad you are still with us.
multivalue: You have an I-Hub private message.
- guy6
Slightly different, an improvement.
There are two slight differences in the headline.
"concludes" is omitted. It was confusing to say "initial pilot concludes", when the pilot itself had not concluded. In this case, "concludes" added nothing, and was confusing.
"cordless" was added. It was misleading to say "with regular household telephone", when a cordless phone is necessary to receive the signal.
- guy6
I would think so, WV,
if money changes hands on or before March 31.
- guy6
First Quarter numbers due Monday, May 15.
See below, under non-accelerated filers:
http://www.secfile.net/SEC_calendar.htm#EDGAR_Filing_Deadlines_for_Quarterly_and_Annual_Reports
- guy6
Earth's Rotation and Stratellite:
<...couldn't the rotation of the earth take care of the east / west travel?>
No, I don't think so.
The earth's atmosphere rotates along with the earth, and an object on earth or in the earth's atmosphere inherits momentum from being part of this system. Basketball players don't drift to the west when taking jump shots. Airplanes don't fly faster when flying west than when flying east.
One could argue that this is true near the surface of the earth, but at very high altitudes, the atmosphere "lags" in its rotation. This might be true to some degree. But at the altitude of the stratellite, I do not think that this is a major factor.
If this "lag" were a major factor, the stratellite would have to expend an enormous amount of energy simply to maintain its station over its assigned location.
- guy6
Rocky's post #255 regarding payment:
The last time this question came up [about a month ago],
Rocky replied that assuming the payment was a "triggering event" for a reciprocal payment on GlobeTel's part, the SEC requirement was within 4 business days. That would make it March 8.
http://www.rockyinfo.com/message_board1.htm
The link doesn't seem to go to the referenced post, but post #255 can be found there.
- guy6
Ahh...It's more advanced than we thought.
The Strat has a stealth "cloaking device"!
[No wonder the Russians are interested!]
Seriously, thanks, imawswami, although I don't know what to make of it.
Crazy theory #1:
"The Stratellite is already in the stratosphere."
Unlikely. Preliminary tests would have to be done first, which I presume would have been sighted.
Secondly, although near, the hanger is not in Edwards airspace, and I presume transporting to Edwards could not be accomplished without drawing notice.
Crazy theory #2:
"The Stratellite is being assembled somewhere else, perhaps another country, and will be launched from there as well."
Unlikely. From 1/18/2006 update:
"Flight schedules over Edwards Air Force Base will be provided after Edward's Test Range approves Sanswire II for flight." Also, we are paying for hanger space.
But playing devil's advocate for a bit...
If GlobeTel wants to conduct tests in secret, I could understand some motive in being deceptive about where the tests will take place. And the partition in the hanger would cleverly disguise the absence of the Strat.
But I just can't buy that secrecy is that important. I would hope that they have enough confidence in the Strat so that even if the launch is not exactly public, it is not shrouded in secrecy, either. And I wouldn't think that proprietary issues would explain that degree of secrecy, either. I presume that the truly proprietary elements wouldn't be visible on the completed Strat.
With regard to the last point, perhaps I am being too naive. Perhaps sophisticated sensors could give competitors some insight into proprietary technologies. Hmm... So I won't rule out Crazy theory #2 completely, but it still seems unlikely to me - the implied deception seems too elaborate.
[To anyone still reading - sorry for the long post - but it was fun to think about.]
- guy6
TelecomNext Booth:
We had been down for booth #1679.
http://www.telecom-next.com/ExpoCADWebTelecom-NEXT/EC/forms/attendee/index.aspx?content=vbooth&i...
But at another location on the website, that booth is listed as "available".
http://www.telecom-next.com/ExpoCADWebTelecom-NEXT/EC/forms/attendee/index.aspx?content=floorPlan
- guy6
Altvater and WIMAN:
I Googled <altvater AND wiman> and found this:
http://pulse.tiaonline.org/article.cfm?ID=173
This is just the first hit. I haven't fully explored it or the others yet.
- guy6
ERG: Thanks for the information.
So ISS [Internet Security Systems] is the F & S "Company of the Year". It certainly seems to be an IT company, so would be included in the "Communication & IT" category. But I am puzzled why it was not obviously included in the Frost & Sullivan "Communication & IT" press release list, which is ordered from most recent to least recent.
http://www.markets.frost.com/prod/servlet/press-en-releases-index.pag?mkt=CI&finish=2006-01-17%2...
Oh well...
- guy6
Nando: F & S Comment:
Thanks for the observation. FWIW, "Company of the Year" is the award that GlobeTel was said to be up for.
Post 16961
http://www.investorshub.com/boards/read_msg.asp?message_id=8649133
That award does not seem to have been announced yet.
F & S Press Release
http://www.markets.frost.com/prod/servlet/press-en-releases-index.pag?mkt=CI&finish=2006-01-25%2...
So maybe there is hope yet.
If Huff is too busy, might he not send Meyer instead?
It ain't over 'til it's over.
- guy6
Thanks, pszme: Reuters Report Outline:
I downloaded the free report, although it appears I paid $20 for it. We'll see.
The report was very quantitative, with nothing in terms of a narrative qualitative judgement of GTE's merits or lack thereof [except as implied by various technical ratios].
There was nothing mentioned about the part of GlobeTel's business that we are interested in - HotZone Wireless, Stratellite, Russian deal, etc., except for a brief mention of the various components of GlobeTel in the one-paragraph Business Summary and the one-paragraph Financial Summary. It was a very unemotional quantitative lens to view our company through.
- guy6
***************
PS: I have included a rough outline of the report below, for anybody interested. I have not included any of the numbers, but you'll get the point.
***************
Business Summary
Business Address
Stock Chart
Basic Statistics
Financial Summary
Valuation Ratios Per Share Data
Profitability Ratios Management Effectiveness
Financial Strength [Ratios] Dividend Information
Sales, Income, and Earnings per Share charts
Key Ratios and Statistics:
Financial Strength Table,
including "Current Ratio" data and chart
Profitability Table,
including "Gross Margin" data and chart
Management Effectiveness Table,
including "Return on Assets" data and chart
Dividend Information Table
Per Share Data,
including "Earnings per Share" data and chart
Annual Income Statement [02, 03, 04 only]
in the form of tables and charts
Annual Balance Sheet [02, 03, 04 only]
in the form of tables and charts]
Annual Cash Flow Statement [02, 03, 04 only]
in the form of tables and graphs
Quarterly Income Statement [9/04 through 9/05]
in the form of tables and graphs
Quarterly Balance Statement [9/04 through 9/05]
in the form of tables and graphs
Quarterly Cash Flow Statement [9/04 through 9/05]
in the form of tables and graphs
Internet Information [all from GTE site]
Officer List
***************
BDay43: Poster gatherinfo, post #16961
- guy6
Thankyou, Pagan and imawswami,
for your insightful answers.
Obviously, I hadn't understood what "porpoising" was all about.
I have two subjective reactions to your replies:
A) I have a renewed appreciation for the engineering concepts involved in the Stratellite and similar projects.
B) Yet again, I am impressed by the depth of knowledge and command of information brought by the membership of this board.
With respect to B), we in large part have Rocky to thank, for without his skill, knowledge, and vision, this talent would not have reached a "critical mass". Many thanks to mide for stepping up to the plate. His leadership is already evident. I have faith that this board will remain the go-to site for GlobeTel information.
- guy6
Thanks, imawswami. Question:
symphyl [in post #17248] gave the link
http://www.airpower.maxwell.af.mil/airchronicles/apj/apj05/win05/tomme.html
[very informative: thanks]
In the second paragraph above the pictures, in the paragraph beginning "As we designed the concept...", it says:
"These vehicles will use a variety of schemes for propulsion, including conventional propellers and unconventional buoyancy-modification schemes that allow vehicles to propel themselves by porpoising through the air at about 30 to 50 knots, enabling them to overcome all but the most unusual near-space winds."
Could this be a reference to the Sky Worm/Sky Dragon concept?
I had the idea from the Sky Dragon video
http://www.exn.ca/news/video/exn2005/11/28/exn20051128-balloon.asx
that the motion of Sky Dragon was more passive, but the motors on each of the forward segments could possibly allow "porpoising".
Thanks.
- guy6
If you mean Matt of IHub,
his Q&A board can be found at
http://www.investorshub.com/boards/board.asp?board_id=504
- guy6
17 x size of GY Blimp:
Saying that the LM blimp is to be 17 times the size of the GY blimp could be interpreted in two ways.
Assuming that the dimensions are to be in the same proportion:
(1) each DIMENSION is to be multiplied by 17
[so length = 192 x 17 = 3264 feet] OR
(2) the VOLUME is to be multiplied by 17
[so each dimension is multiplied by cube root of 17,
approx 2.57, so length approx 493 feet]
[Example to illustrate what I am talking about:
If one cube is 1 x 1 x 1, and another is 2 x 2 x 2,
then the second cube has 8 times the volume.
So is the second cube "twice as large" or "eight times as large"?]
[Note that the cube root of 8 is 2.]
Looking at the lengths involved, the second interpretation seems more plausible, and is consistent with an earlier description of the LM project: "about 500 feet long". http://www.lockheedmartin.com/data/assets/7966.pdf
My apologies for the math discussion. I got carried away.
- guy6
10Q:
pitbull74, in post #7015 on the TA board, reported a 11/2/05 e-mail reply from Globetel stating "...we will be able to file our 10Q prior to the set deadline of November 15th."
[I don't know details, but thankfully, pitbull seems to be feeling somewhat better.]
- guy6
Thanks, Test.
I'd like to take this opportunity to thank you, on behalf of all of us, for your reports. I have always appreciated the time and thoughtfulness that went into them, and have read them eagerly, but have not acknowledged my debt until now.
Like many today, I was looking forward to your report, and checked IHub several times. I and others were a bit impatient. We apologize.
Sorry for the loss of your friend.
- Greg