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I may be wrong, but I believe Rocky was going to set up a web page.
Good day all longs
Kevin
Does anyone know whos 65,000 foot vehicle the military used for the war games held within the last 10 days. Interesting
http://www.investorshub.com/boards/read_msg.asp?message_id=5364668
Kevin
No problem Rocky. Go ahead and remove necessary post.
Kevin
Thanks Rocky, knowing it is dismissed makes me feel alot better. I've tried to find the case, but have had no luck.
I am wondering if it was dismissed because of a technicality or because the case had no merrit? A technicality would seem to make an appeal more likely. Though I hope not:)
Thank you for everything
Kevin
Note: Not a new letter to shareholders. Previous post was a reply to ineedtoknow. I should have led with "here is link to old letter to shareholders" Sorry if I gave anyone a false impression of a new letter
Kevin
Letter to shareholders here is the link
http://www.globetel.net/about/letter011005.html
Kevin
I was not talking about shorting?
Kevin
LOL, Now that I see his post I remember reading it. I also wanted to thank you for the response to my post yesterday.
Thanks
Kevin
Article dated FEB 1, 2005. I don't remember seeing it posted, however I might have missed it.
Kevin
http://www.networkmagazine.com/shared/article/showArticle.jhtml?articleId=57701941&classroom=
IP From an Airship
GlobeTel hopes to provide wireless broadband access from an unmanned airship stationed 65,000 feet over the California desert.
By Penny Lunt Crosman Utilities
02/01/2005, 12:00 AM ET
The most enduring image of an airship is the fiery wreck of the Hindenburg. GlobeTel hopes to update that image this March by providing wireless broadband access from an unmanned airship stationed 65,000 feet over the California desert.
The 245-foot-long "stratellite" will hover over one GPS coordinate, held there by six GPS units connected to the airship's engines. It will provide IP communications over Wi-Fi and WiMAX to an area 400 miles in diameter, or roughly the size of Texas--in fact, it could make the entire state a hotzone.
Why tether cutting-edge communications services to an outdated technology that literally went up in flames? The advantage is lower cost, says Leigh Coleman, GlobeTel's president. "We can provide broadband and voice services around the world at a fraction of the cost of the current business model," he says.
Each stratellite costs $3 to $4 million to build and less to operate, whereas a satellite costs $250 to $300 million to build and another $40 million annually to operate. And whereas satellite IP communication is prone to latency, the lower-flying stratellite should be within tolerance for most applications.
In addition to serving major population centers, the airship could target underserved areas around the world, such as the Australian outback, the Philippines, Africa, and China. In Iraq, it could substitute for the dangerous work of building cell towers.
Despite these benefits, critics have raised several concerns over the undertaking. One is the potential dangers of a zeppelin the size of a city block plummeting down onto a metropolitan area. Coleman dismisses this notion, claiming that the stratellite's automatic guidance system would float the ship down if the base station lost control. The FAA is also supervising the project to ensure safety.
Reliability is another issue. Problems such as equipment failure or a stratellite being blown off course could affect service, for example. However, according to GlobeTel, the airships will be networked with overlaps in service and aren't affected by wind. An outage should last no more than three hours, the time it takes to position a replacement stratellite.
But even if the stratellites function as advertised, questions persist. "Even if they're successful in getting it to work, why do we need this?" asks Bruce Elbert, president of consulting firm Application Technology Strategy. "Any time there's U.S. demand for service, Verizon, SBC, MCI, or AT&T is going to meet it by putting up towers and running cables."
GlobeTel will need to find the right partners, such as telecommunications companies, to deliver its service. Only time will tell whether its business model will reach the heights of success, or crash and burn.
Rocky - If things continue moving as they have been, gtel is going to be very busy building stratellites.
Do you know if we are selling the stratellite directly to the end user, or do we retain ownership and lease them the space. I ask because if we retain ownership it does several things IMO:
1. It gives us a residual income stream (possibly including a %of subscriber cost).
2. It ensures we control all the technology for the stratellite, which makes it harder to reverse engineer
3. It gives us the ability to utilize excess payload capacity for other projects
TIA for your thoughts
Kevin
I was watching it also. Went through above the ask.
Kevin
Rocky - A thought for your website. It would be nice if gtel will let you tap into the feed from the live web cams on launch day.
I anticipate their site will be flooded and potentially crash if too many people try watching. If any of the media sources covering the event mention that a live feed is available during the launch, they will be swamped. It would be nice to have a semi-private(real gtel longs)web page to view the launch. lol
Thanks for all the great information you keep us updated with. I am very busy with family and work and I don't have time to do research like I should. So I am thankful for a source of factual information.
Kevin
Thanks for the update Rocky.
Great news:) !!!
Rocky - the 13 day short deadline could also be a notable GTEL event. It could be nothing, but who knows.
Good Day
Kevin
Thanks for the G cash update:) Do you have any thoughts on the sanswire share distribution. It does seem a little unusual. Must be something I am not seeing.
TIA
Kevin
Thanks for sharing Beda
Kevin
Note: news the same as hat12trick's post yesterday. I only wanted to point out exposure of main yahoo news item.
Kevin
More exposure for near space aircraft. "U.S. Air Force Excited About Near-Space Prospects"
Yahoo main page "In the News" section at 7:20AM
http://www.yahoo.com/
Link to article if removed from current news later in day
http://story.news.yahoo.com/news?tmpl=story&cid=570&ncid=570&e=1&u=/nm/20050119/sc_n...
Relax? I think it is exciting to know that gtel is ahead of everyone. GTEL know round ballons don't work because you cannot generate enough power to maintain position and run communication equipment long term.
Kevin
Look at their coverage map. I think I have heard about this kind of coverage somewhere else:) If only someone could figure out how to generate enough power to keep the thing up longer. I wonder if anyone is close, because they will have a huge edge:)
http://www.spacedata.net/coverage.htm#
Go GTEL
Kevin
Also I don't see anything about their recovery?
Link showing space data corp. Interesting information, although they are using a different approach
http://www.spacedata.net/technology.htm
"The SkySite Network consists of a network of high-altitude, balloon-borne transceivers known as SkySite Platforms which are launched every 8 to 12 hours. Each SkySite Platform rises to an altitude of 80,000 to 100,000 feet. At that altitude, a coverage circle of 420 miles in diameter can be achieved, as shown in red on the diagram below."
Kevin
Thanks Rocky! Exactly what I was thinking of but could not remember. lol
Kevin
Rocky - perhaps you can jog my memory. You posted a email response you received a while back. It had something to do with the money program side of the business, but I can't remember all the details. Anyway it looked like it would be up and running by the end of January. If you can figure out what I'm talking about could you refresh my memory. lol
I'm too young for this kind of memory loss
TIA
Kevin
Rocky thanks for all the info. I'm just enjoying the ride
Kevin
Beda - Thanks again EOM
Beda - thanks for the update! Did Tim present any construction update pictures during the presentation?
TIA
Kevin
Beda where are you? I am sure looking forward to reading your update on the conference. Hopefully you went out to supper with Mr. Huff:)
Things are looking better every day
Kevin
Thanks Rocky. Sorry about previous OT(although it is the first time I posted a OT here)lol.
Kevin
OT(sort of) - I really wish there was a web cast available from WCA convention.
One would think the "The Wireless Communications Association International" who claim to be "Creating Value Through Industry Leadership" could catch up on with the tech world and install a web cam. lol
I'm just feeling sorry for myself missing Mr. Huffs presentation.
Kevin
Kiva - "if the SHO program works as it is intended" that is a good question. We will have to wait a little longer to find out.
Kevin
Move to another topic? The topic applies to GTEL. GTEL is on the list:
http://www.nasdaqtrader.com/aspx/regsho.aspx
So should we move onto fishing, nascar, or hunting? I prefer topics which deal with GTEL, and GTEL is shorted. Are you really going to tell me someone selling shares they don't have does not influence the share price?
Alminde - thanks for your post. I enjoy reading them.
Rocky - this is your board, I never tell a man how to run his own house. If you don't want shorting discussed ok, you let us know, but it is a current GTEL issue.
Thanks
Kevin
Rocky and all- Do you think it could have anything to do with the short position? When we dropped back to the .07 area in November, why would they not have covered the shorts then when they knew the new rules were coming? I have two ideas, Maybe way off and I'm sure there are other possibilities:
1. The shares were shorted when gtel first started to move from .02(which is before I was here). They could have shorted as we passed .06 expecting the share price to retrace to .02 or .03. Since the share price continued up to .19 area and never came back down to .06 area (came close in November 2004), they have not been able to cover without a loss.
2. The number of shorted shares is massive, so they cannot be easily covered without price getting away from them.
I just can't understand why they would not have coverd in OCT, NOV, or early DEC of 2004. Maybe, I am taking too simple a view of the situation. Your thoughts appreciated
Kevin
techBear - I agree the AMEX listing is worth a PR. IF that is why MR. Huff removed it I don't know. A PR stating "GlobeTel Announces CEO Letter to Shareholders" does not draw near as much attention from non-investors as a PR stating for example "GlobeTel Announces AMEX Application". It is starting to look like IMO that Mr. Huff wants to get Shorty! lol
Go Huff
Kevin
Rocky, your thoughts on the removal of AMEX reference?
TIA
Kevin
From the letter
"Essentially, it will give the Company the ability to expand faster as, if in fact, the government does place an order in for the Stratellite, it would be for multiple units."
Kevin
January 11, 2005
To Our Valued Shareholders,
Over the last few weeks, we have been notifying you of our plans to hold a Summit on February 21 and 22, 2005 which will be attended by, among others, members of different branches of the U.S. military.
I believe that it is important for everyone to understand that while there is in fact a high level of interest within the government in high-altitude airships, like our Stratellite, GlobeTel views the opportunity to provide its technology to the government, as a complement to its core business of providing telecommunications capabilities throughout the world.
Essentially, it will give the Company the ability to expand faster as, if in fact, the government does place an order in for the Stratellite, it would be for multiple units.
The Stratellite has been receiving a lot of attention lately. On December 20, 2004, Hoovers Online, (Hoovers.com), a D & B company, released through Satellite News an article entitled, “Army Official Calls For More Investment In The “Near Space” Arena.”
http://hoovers.com/free/co/news/detail.xhtml?COID=115517&ArticleID=NR200412201675.5.10_876300197...
The article stated that the Air Force Chief of Staff Gen. John Jumper intends to “solidify” plans with his four-star commander of Space Command for the use of an up-until-now neglected area of operations called “near space.”
In the article, the U.S. Army's Chief Information Officer, Steven Boutelle stated that:
The industry could see a boost in federal funding in the near term as the military needs to increase its investment in high altitude airships, a platform that provides potentially greater capabilities than unmanned aerial vehicles;
While high altitude airships have received increasing attention and funding in recent years, not enough money is being put into the technology and indicated in his speech on Dec. 15 at a Shephard's conference on unmanned aerial vehicles held in Arlington, Va. that, “A lot of money is being pushed into it, but it is too slow.”
The capability offered by such airships “threaten a lot of people,” particularly the space community, which relies on satellites. Airships, which dwell around 75,000 feet, offer capabilities that fall between lower-dwelling UAVs and on-orbit satellites.
The Air Force's General Jumper also stated that:
Integrating data collected from high altitude airships with data collected by small constellations of satellites in medium-Earth orbit (low-Earth orbit requires nearly 50 to achieve persistence) could reduce the amount of costly space systems that need to be launched;
These airships could alleviate some of the stress and cost associated with fielding spaceborne systems, a move to achieve what leaders call “persistence” over the battlespace. This term describes a sensor bubble--using sensors on the ground, air, sea and in space--that would allow commanders to stare at a region uninterrupted.
Finally, the article concluded by reporting that GlobeTel Communications Corp., through its wholly-owned subsidiary Sanswire Networks LLC, stated it is on target for a first quarter 2005 launch of its Stratellite, the name it has given its high-altitude airship and that the company has elected to construct the prototype of the ship, named Sanswire One, in sections made up of several subassemblies.
We believe that we will continue to generate more interest in the future and strongly believe that making our Stratellite available to the U.S. military would enhance our business and we will work with them while reaching our company vision to
“Communicate, Interact and Transact - Globally.“
Sincerely,
Timothy Huff
CEO
GlobeTel Communications Corp.
techBear - Your wetting your pants. What do you think shorty is doing? lolhehelolhehehehelol lol lol lol lol!!1
Kevin