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Heads up! Globetel in webcast from Cowen tech Conference coming June 1st:
GLOBETEL COMMUNICATIONS CORP at Cowen and Company 34th Annual Technology Conference
Thursday, June 1, 2006 8:45 a.m. ET
Webcast Presentation Help
Click here for webcast
Click here for webcast
Event Details
Title GLOBETEL COMMUNICATIONS CORP at Cowen and Company 34th Annual Technology Conference
Date and Time Thursday, June 1, 2006 8:45 a.m. ET
Duration 2 Hours
Location New York, NY
http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-EventDetails&EventId=1320488
nilremerlin
Latest news from FSS:
Bhutan National Bank Limited ties up with FSS
FSSNeT to provide ATMs, POS and Card services to Bhutan National Bank
Chennai, May 3, 2006:
Bhutan National Bank, a 10 year old bank in Bhutan having 6 branches in different parts of the country is aggressively targeting the new business segments that are opening in this Mountain Kingdom. For the first time in Bhutan, a bank plans to provide online ATM and POS services via FSSNeT, the outsourcing wing of Chennai based Financial Software and Systems (P) Ltd.
FSS, through FSSNeT, provides third-party processing as an outsourced application service for a large number of top banks in India. FSS’s EFT solutions and outsourced services power over 75% of ATMs and Point of Sale (POS) Terminals in India, processing majority of the Electronic Funds Transfers in the country. For FSSNeT this is the first international outsourced service offering.
The kingdom of Bhutan is a tiny country in the great Himalayas, known for it’s scenic beauty, ancient culture, hospitable people and unique system of governance which gives more importance to human happiness than material wealth. Bhutan is one of the fastest growing tourist destinations for tourists looking for trekking and cultural tours in a lush mountainside.
The FSS partnership with Bhutan National Bank will benefit both Indian and Bhutanese banking customers who will have access to their savings bank accounts through the ATMs deployed by partner banks of the FSSNeT. FSS has floated a domestic payments gateway for a group of 22 banks including State Bank of India, Punjab National Bank, ICICI Bank, HDFC Bank, UTI Bank and now Bhutan National Bank. Through this payments gateway FSS will manage settlement of domestic transactions carried out by customers of these banks.
Bhutan National Bank is also exploring the possibility of offering credit and debit card facilities to the tourists who visit Bhutan by deploying Point of Sale (POS) terminals at various locations in Bhutan. Tourists would be able to use their cards for making purchases in Bhutan.
Mr. Kipchu Tshering, Managing Director, BNBL, says - “This electronic payment and settlement system is the first step towards our goal of providing basic modern banking amenities to our customers. We are confident that our partnership with FSS will not only cater to the immediate demands of our customers, but will also help us in achieving our next step of providing globally accepted amenities to our customers”
Says Mr. Nagaraj Mylandla, Managing Director, FSS - “We are pleased to partner with Bhutan National Bank in their electronic payment initiatives. For FSSNeT, this is a milestone in providing online services outside the shores of India. We look forward to a long mutual beneficial relationship with Bhutan National Bank, and look forward to increase in value proposition for both of us”
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All contents © copyright 2005 Financial Software & Systems (P) Ltd. All rights reserved.
nilremerlin
Chris Byron flubs it up "Yet that hardly seems surprising given a statement by Kissinger to The Post last week that he was never a founding partner of Rubikon,"
That's because Kissinger is/was a founding "shareholder" of Rubikon, not a founding "partner", as per the Rubikon website.
Byron is such a transparent dummy!
nilremerlin
Rubikon Partners may have branched out from this:
http://www.kmaglobal.com/
nilremerlin
Institutional uPdate correction: Deutsche Bank is now listed as reported for Q1 again, buying/adding 9,508 shares of GTE in Q1:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions reported holding 9,971,506 GTE shares in Q1, 9.60% of O/S.
nilremerlin
Institutional uPdate correction: Deutsche Bank is now listed as reported for Q1 again, buying/adding 9,508 shares of GTE in Q1:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions reported holding 9,971,506 GTE shares in Q1, 9.60% of O/S.
nilremerlin
Short interest for May gets published Friday afterhours:
http://www.amex.com/amextrader/?href=/amextrader/tdrInfo/calendars/tdrInfo_calendars.html
Amex Issues Short Interest Schedule - 2006 (Mid-Month)
Month Trade Date Settlement Date Due Date Published Date
January 01/10/2006 01/13/2006 01/18/2006 01/20/2006
February 02/10/2006 02/15/2006 02/17/2006 02/22/2006
March 03/10/2006 03/15/2006 03/17/2006 03/21/2006
April 04/10/2006 04/13/2006 04/18/2006 04/20/2006
May 05/10/2006 05/15/2006 05/17/2006 05/19/2006
June 06/12/2006 06/15/2006 06/19/2006 06/21/2006
July 07/11/2006 07/14/2006 07/18/2006 07/20/2006
August 08/10/2006 08/15/2006 08/17/2006 08/21/2006
September 09/12/2006 09/15/2006 09/19/2006 09/21/2006
October 10/10/2006 10/13/2006 10/17/2006 10/19/2006
November 11/10/2006 11/15/2006 11/17/2006 11/21/2006
December 12/12/2006 12/15/2006 12/19/2006 12/21/2006
Report Due Date: The date that short interest data is due from clearing firms. Reports are due by 1:00 p.m.
Report Published Date: The date that Amex short interest data is disseminated. The report will be available after the close of trading on this date.
For questions regarding the Amex short interest report, call the Amex Market Surveillance Department at 212-306-1529.
nilremerlin
Institutional uPdate: Gartmore Mutual Fund (NEW) reports buying 27,100 shares of GTE in Q1 (after selling out in Q4), see page 2:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions have reported holding 9,961,998 shares of GTE in Q1 so far, 9.59% of O/S.
Deutsche Bank, which had reported buying/adding 9,508 shares of GTE in Q1, is now listed as unreported for Q1?
more to come...
nilremerlin
Institutional uPdate: Gartmore Mutual Fund (NEW) reports buying 27,100 shares of GTE in Q1 (after selling out in Q4), see page 2:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions have reported holding 9,961,998 shares of GTE in Q1 so far, 9.59% of O/S.
Deutsche Bank, which had reported buying/adding 9,508 shares of GTE in Q1, is now listed as unreported for Q1?
more to come...
nilremerlin
db_ill_invest: The Howard Smith lawsuit complaint is a carbon-copy of the Milberg Weiss/Scott+Scott complaint with the same plaintiff, Robert T. Knox. The Howard Smith law firm is not even listed on the bottom of the complaint. The MF trash is in the complaint:
http://www.howardsmithlaw.com/Complaints/GlobeTel_Complaint.pdf
Boooooooring!
nilremerlin
Another pile-on lawsuit:
Law Offices of Howard G. Smith Announces Class Action Lawsuit Against GlobeTel Communications Corp. -- GTE
Wednesday May 17, 10:47 pm ET
BENSALEM, Pa., May 17, 2006 (PRIMEZONE) -- Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased securities of GlobeTel Communications Corp. (``GlobeTel'' or the ``Company'')(AMEX:GTE - News) between December 22, 2005 and April 11, 2006, inclusive (the ``Class Period''). The class action lawsuit was filed in the United States District Court for the Southern District of Florida.
ADVERTISEMENT
The Complaint alleges that defendants violated federal securities laws by issuing a series of material misrepresentations to the market during the Class Period concerning the Company's financial prospects, thereby artificially inflating the price of GlobeTel securities.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased GlobeTel securities between December 22, 2005 and April 11, 2006, you have certain rights, and have until June 27, 2006, in which to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215)638-4847, Toll-Free at (888)638-4847, or visit our website at http://www.howardsmithlaw.com.
More information on this and other class actions can be found on the Class Action Newsline at http://www.primezone.com/ca.
Contact:
Law Offices of Howard G. Smith
Howard G. Smith
(215)638-4847
(888)638-4847
www.howardsmithlaw.com
nilremerlin
...and one more (my bold):
Time & Sales
Rec. Time Action Price Volume
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1 500
9:38:38 AM Bid 1 8000
9:38:38 AM Trade 1.1 800
9:38:38 AM Bid 1.1 200
9:38:38 AM Bid 1.1 1000
9:38:38 AM Bid 1.1 200
9:38:38 AM Trade 1 500
9:38:38 AM Trade 1.1 4200
9:38:38 AM Trade 1.1 1000
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.05 100
9:38:38 AM Trade 1.1 600
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.05 9900
9:38:36 AM Trade 1.05 100
9:38:36 AM Bid 1 8100
9:38:36 AM Trade 1.08 1600
9:38:32 AM Trade 0.91 12100
9:38:32 AM Trade 1.18 800
9:38:32 AM Trade 1.18 800
9:38:32 AM Bid 1.08 1600
9:38:32 AM Trade 1.18 4200
9:38:32 AM Trade 1.18 800
9:38:32 AM Trade 1.18 5000
9:38:32 AM Trade 1.1 3500
9:38:32 AM Trade 1.1 700
9:38:32 AM Bid 1.18 800
9:38:32 AM Bid 1.08 1600
9:38:30 AM Trade 1.25 200
9:38:30 AM Bid 1.18 5000
9:38:28 AM Trade 1.3 5000
9:38:28 AM Trade 1.3 3900
9:38:28 AM Trade 1.3 200
9:38:28 AM Trade 1.3 2000
9:38:28 AM Trade 1.3 1400
9:38:26 AM Trade 1.3 3100
9:38:26 AM Trade 0.98 1000
9:38:26 AM Bid 1.25 200
9:38:26 AM Bid 1.08 1600
9:38:26 AM Bid 1.25 200
9:38:26 AM Trade 1.25 200
9:38:26 AM Bid 1.08 1600
9:38:26 AM Bid 1.25 200
9:38:26 AM Bid 1.08 1600
9:38:26 AM Bid 1.25 200
9:38:26 AM Trade 1.1 1000
nilremerlin
Another page from the Time & Sales record this morning (my bold):
Time & Sales
Rec. Time Action Price Volume
9:38:50 AM Bid 1.02 1400
9:38:50 AM Trade 1.1 4000
9:38:50 AM Trade 1.1 200
9:38:50 AM Bid 1.02 1000
9:38:48 AM Trade 1.1 800
9:38:48 AM Bid 1.1 200
9:38:48 AM Trade 1.1 1000
9:38:46 AM Trade 1.1 174100
9:38:46 AM Trade 1.1 1400
9:38:44 AM Trade 1.1 200
9:38:44 AM Bid 1.1 1000
9:38:42 AM Trade 1 5200
9:38:42 AM Trade 1 2000
9:38:42 AM Trade 1.1 800
9:38:42 AM Bid 1.1 200
9:38:42 AM Trade 1.1 600
9:38:42 AM Trade 1.1 200
9:38:42 AM Trade 1.1 800
9:38:42 AM Trade 1.1 600
9:38:42 AM Trade 1.1 200
9:38:40 AM Trade 1.1 800
9:38:40 AM Trade 1.1 600
9:38:40 AM Trade 1.1 200
9:38:40 AM Trade 1.1 800
9:38:40 AM Trade 1.1 600
9:38:40 AM Trade 1.1 200
9:38:40 AM Trade 1.1 800
9:38:40 AM Trade 1.1 600
9:38:40 AM Trade 1.1 200
9:38:40 AM Trade 1.1 800
9:38:40 AM Trade 1.1 600
9:38:40 AM Trade 1.1 200
9:38:40 AM Bid 1.1 1000
9:38:40 AM Bid 1.1 200
9:38:40 AM Bid 1.1 1000
9:38:40 AM Bid 1.1 200
9:38:40 AM Bid 1.1 1000
9:38:40 AM Trade 1.1 800
9:38:40 AM Bid 1.1 200
9:38:40 AM Bid 1.1 1000
9:38:40 AM Trade 1.1 600
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.1 600
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.1 600
9:38:38 AM Trade 1.1 200
9:38:38 AM Trade 1.1 800
9:38:38 AM Trade 1.1 7400
nilremerlin
From the Time & Sales record this morning (my bold):
Time & Sales
Rec. Time Action Price Volume
9:37:06 AM Ask 1.46 2500
9:36:56 AM Trade 1.02 448000
9:36:56 AM Trade 1.46 5000
9:36:52 AM Trade 1.46 400
9:36:52 AM Trade 1.41 1100
9:36:52 AM Trade 1.42 1900
9:36:52 AM Trade 1.46 3400
9:36:52 AM Trade 1.46 1500
9:36:52 AM Trade 1.46 100
9:36:50 AM Trade 1.46 2500
9:36:50 AM Ask 1.46 2400
9:36:44 AM Trade 1.46 1000
9:36:44 AM Trade 1.46 3100
9:36:44 AM Trade 1.47 1000
9:36:44 AM Trade 1.46 5100
9:36:44 AM Trade 1.46 1900
9:36:44 AM Trade 1.41 100
9:36:38 AM Trade 1.42 800
9:36:38 AM Trade 1.47 1000
9:36:34 AM Trade 1.46 5000
9:36:32 AM Trade 1.46 4000
9:36:32 AM Bid 1.46 100
9:36:30 AM Trade 1.46 2000
9:36:30 AM Trade 1.46 1600
9:36:30 AM Ask 1.46 2500
9:36:22 AM Trade 1.46 1000
9:36:12 AM Trade 1.47 2700
9:36:08 AM Trade 1.41 100
9:36:08 AM Trade 1.46 10000
9:36:08 AM Trade 1.46 1000
9:36:08 AM Ask 1.47 2000
9:36:06 AM Trade 1.46 2800
9:36:04 AM Trade 1.46 2000
9:36:04 AM Bid 1.46 4000
9:36:02 AM Trade 1.5 400
9:36:02 AM Ask 1.5 4100
9:36:02 AM Bid 1.47 100
9:36:00 AM Trade 1.47 1100
9:36:00 AM Ask 1.5 1600
9:35:58 AM Ask 1.5 1000
9:35:58 AM Bid 1.47 1000
9:35:56 AM Trade 1.4 5000
9:35:56 AM Trade 1.4 300
9:35:56 AM Trade 1.4 10000
9:35:56 AM Trade 1.45 100
9:35:56 AM Bid 1.5 100
9:35:56 AM Trade 1.5 3300
9:35:56 AM Trade 1.41 9000
9:35:56 AM Trade 1.45 100
9:35:56 AM Trade 1.41 500
nilremerlin
Institutional uPdate: Rhumbline Advisers reports holding its 7,000 shares of GTE in Q1:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now report holding 9,961,869 shares of GTE, 9.59% of O/S (site now shows 104 mil shares as O/S).
Yesterday, site showed 9.69% of O/S, with O/S at 102 mil...must've been a little dilution in O/S.
nilremerlin
Institutional uPdate: Rhumbline Advisers reports holding its 7,000 shares of GTE in Q1:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now report holding 9,961,869 shares of GTE, 9.59% of O/S (site now shows 104 mil shares as O/S).
Yesterday, site showed 9.69% of O/S, with O/S at 102 mil...must've been a little dilution in O/S.
nilremerlin
Over 1.7 Million Mobile WiMAX Users Expected by '07, 21 Million by '12
The number of Mobile WiMAX subscribers could be 1.7 million in 2007 and reach as high as 21.3 million in 2012, according to a study from Juniper Research. The number of subscribers will begin to climb after the release of certified equipment in 2007, with substantial growth occurring in North America and in developing regions eschewing 3G for Mobile WiMAX based on OFDMA. Juniper's study sees WiMAX serving customers in both fixed and wireless markets and estimates that the market for equipment could be worth US$2.53 billion by 2012.
http://www.faulkner.com/telecom/default.asp
nilremerlin
Institutional uPdate:
WS Ventures Management (NEW) reports buying 50,000 shares of GTE in Q1, see page 2;
Metropolitan Life reports buying/adding 28,349 shares of GTE in Q1, see page 2;
Merrill Lynch & Co reports selling part of their position, 11,605 shares of GTE in Q1, see page 3:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am....
Institutions now hold 9,961,869 shares of GTE, 9.69%.
Reporting almost done, a little more to come...
nilremerlin
Institutional uPdate:
WS Ventures Management (NEW) reports buying 50,000 shares of GTE in Q1, see page 2;
Metropolitan Life reports buying/adding 28,349 shares of GTE in Q1, see page 2;
Merrill Lynch & Co reports selling part of their position, 11,605 shares of GTE in Q1, see page 3:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am....
Institutions now hold 9,961,869 shares of GTE, 9.69%.
Reporting almost done, a little more to come...
nilremerlin
Picture of Ferdinando Salleo, the gentleman on the left:
http://www.oas.org/oer/gallerypo/PermanObsPublication/italy2.htm
nilremerlin
Floor Plan for the late August AUVSI symposium. Sanswire is exhibiting at booth 537 (just left/below where it says Hall B at the top of the floor plan):
http://www.auvsi.org/symposium/2006/06FloorPlan.pdf
The larger booth in the square, facing the food services corridor...a popular area...no problem, Mr. Jones, lol!
nilremerlin
Sanswire is finally on the exhibitor list for this August conference, booth 734:
http://expo.jspargo.com/lwn06/exhibitors.asp
We're in impressive company.
nilremerlin
DonG:
Q2 2005 ~3%, shares held 2,290,332
Q3 2005 5.66%, shares held 4,561,831
Q4 2005 7.76% (reduced to 6.11% by dilution), shares held 6,285,043
Q1 2006 (so far) 9.62%, shares held 9,895,125
nilremerlin
Institutional uPdate:
Barclay's Global reports buying/adding 140,353 shares of GTE in Q1, see page 1;
State Street Corp reports buying/adding 7,950 shares of GTE in q1, see page 1;
TIAA CREF reports buying/adding 13,500 shares of GTE in Q1, see page 2;
Boston Partners (NEW) reports buying 345,700 shares of GTE in Q1, see page 2;
Shaw D E & Co reports buying/adding 150,000 shares of GTE in Q1, see page 2;
Credit Suisse reports buying/adding 122,745 shares of GTE in Q1, see page 2;
Teleos Management reports holding its GTE shares in Q1, see page 2;
Morgan Stanley reports buying/adding 41,290 shares of GTE in Q1, see page 2;
AXA (NEW) reports buying 52,900 shares of GTE in Q1, see page 2;
Teachers Advisors reports buying/adding 2,640 shares of GTE in Q1, see page 2;
Lehman Brothers (NEW) reports buying 23,263 shares of GTE in Q1, see page 2;
Deutsche Bank reports buying/adding 9,508 shares of GTE in Q1, see page 2;
MFC Global reports buying/adding 422 shares of GTE in Q1, see page 3;
bear Stearns reports selling part of its position, 293 shares of GTE in Q1, see page 3;
Marco Investment reports selling out its 3,334 share position in GTE in Q1, see page 3;
American International reports selling out its 51,525 share position in GTE in Q1, see page 3;
TWO SIGMA reports selling out its 212,500 share position of GTE in Q1, see page 3:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 9,895,125 shares of GTE, 9.62% of O/S
reporting almost done, more to come...
nilremerlin
Institutional uPdate:
Barclay's Global reports buying/adding 140,353 shares of GTE in Q1, see page 1;
State Street Corp reports buying/adding 7,950 shares of GTE in q1, see page 1;
TIAA CREF reports buying/adding 13,500 shares of GTE in Q1, see page 2;
Boston Partners (NEW) reports buying 345,700 shares of GTE in Q1, see page 2;
Shaw D E & Co reports buying/adding 150,000 shares of GTE in Q1, see page 2;
Credit Suisse reports buying/adding 122,745 shares of GTE in Q1, see page 2;
Teleos Management reports holding its GTE shares in Q1, see page 2;
Morgan Stanley reports buying/adding 41,290 shares of GTE in Q1, see page 2;
AXA (NEW) reports buying 52,900 shares of GTE in Q1, see page 2;
Teachers Advisors reports buying/adding 2,640 shares of GTE in Q1, see page 2;
Lehman Brothers (NEW) reports buying 23,263 shares of GTE in Q1, see page 2;
Deutsche Bank reports buying/adding 9,508 shares of GTE in Q1, see page 2;
MFC Global reports buying/adding 422 shares of GTE in Q1, see page 3;
bear Stearns reports selling part of its position, 293 shares of GTE in Q1, see page 3;
Marco Investment reports selling out its 3,334 share position in GTE in Q1, see page 3;
American International reports selling out its 51,525 share position in GTE in Q1, see page 3;
TWO SIGMA reports selling out its 212,500 share position of GTE in Q1, see page 3:
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 9,895,125 shares of GTE, 9.62% of O/S
more to come...
nilremerlin
FORTUNE500: Question...you wrote "Also, the last firm to file told me that its highly possible that the initial firm to file was indeed trying to get the shareprice down in a manipulation attempt."
Could you name that firm for me...I'd like to be sure which firm you're referring to. TIA
nilremerlin
One of today's military cotract awards:
Raytheon Systems Co., El Segundo, Calif., is being awarded a $7,996,471 indefinite delivery/indefinite quantity contract. The objective of this effort is to develop Lightweight, Low-Power Density Active Electronically Scanned Array (AESA) technology for the DARPA Integrated Sensor is Structure program. The AESA to be developed is dual band (UHF and X-Band) and bonded to the flexible hull material of the airship. The Air Force can issue delivery orders totaling up to the maximum amount indicated above, though actual requirements may necessitate less than the amount above. At this time, $2,500,000 has been obligated. Negotiations were complete April 2006. Work will be complete April 2008. The Air Force Research Laboratory, Rome, N.Y., is the contracting activity (FA8750-06-C-0048).
They don't name the airship, as they usually do in these contracts...hmmmm
nilremerlin
Institutional uPdate:
HBK Investments reports buying/adding 759,000 shares of GTE in Q1 (see page 1);
US Bancorp reports selling part of its position, 768 shares of GTE in Q1 (see page 3);
UBS AG reports buying/adding 2,957 shares of GTE in Q1 (see page 3);
SG Americas reports selling out its 13,124 share position in Q1 (see page 3):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 9,112,343 shares of GTE, 8.86% of O/S.
climbing, more to come...
nilremerlin
Institutional uPdate:
HBK Investments reports buying/adding 759,000 shares of GTE in Q1 (see page 1);
US Bancorp reports selling part of its position, 768 shares of GTE in Q1 (see page 3);
UBS AG reports buying/adding 2,957 shares of GTE in Q1 (see page 3);
SG Americas reports selling out its 13,124 share position in Q1 (see page 3):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 9,112,343 shares of GTE, 8.86% of O/S.
climbing, more to come...
nilremerlin
Institutional uPdate:
Northern Trust reports buying/adding 99,163 shares of GTE in Q1 (see page 2);
Parallax Fund reports selling part of their position, 5,200 shares of GTE in Q1 (see page 3):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 8,364,189 shares of GTE, 8.14% of O/S.
nilremerlin
Institutional uPdate:
Northern Trust reports buying/adding 99,163 shares of GTE in Q1 (see page 2);
Parallax Fund reports selling part of their position, 5,200 shares of GTE in Q1 (see page 3):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Institutions now hold 8,364,189 shares of GTE, 8.14% of O/S.
nilremerlin
kel:
GlobeTel Communications Sets Annual Meeting Date
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--April 5, 2006--The Board of Directors of GlobeTel Communications Corp. (AMEX:GTE) has set Wednesday, June 21, 2006 as the date for the company's annual meeting of stockholders, for stockholders of record as of April 28, 2006. The meeting will be held at the Grand Palms Hotel - Spa & Golf Resort, 110 Grand Palms Drive, Pembroke Pines, Florida, at 10 a.m. (EDT).
Shareholders planning to attend the meeting can obtain information and directions to the Grand Palms from http://www.grandpalmsresort.com . GlobeTel has arranged a special rate at the Grand Palms for shareholders planning to attend the meeting: $84 per standard room or $99 per suite, plus tax. Shareholders interested in attending the event should contact the hotel directly for their reservations.
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, strong 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. Current and pending operations exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit: http://www.globetel.net.
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private 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, 954-775-1427
SOURCE: GlobeTel Communications Corp.
nilremerlin
Corporate Announcement: GlobeTel Communications Corp.
May 11, 2006 (Wall Street Horizon via COMTEX) -- Earnings Quarter: Q1
Next Earnings Date: 5/18/2006
Earnings Date: Tentative
Announcement Time: After Market
Date Q1: 5/18/2006
Date Q2: 8/11/2005
Date Q3: 11/14/2005
Date Q4: 3/31/2006
Last Confirmation Date: 5/11/2006
(C) 2006 Wall Street Horizon, Inc. All rights reserved
nilremerlin
PDF of Milberg Weiss/Scott+Scott complaint (they're in on it together), plaintiff is Robert T. Knox (a lousy trader, IMHO):
http://www.milbergweiss.com/files/tbl_s5069CaseStudies%5CComplaint5728%5C2395%5CGlobeTel_complaint_l...
1. Still claims that Internafta doesn't exist...that's already been disproven.
2. Relies heavily on Seth Jason speculation, innuendo, conjecture, paranoia, assumption, etc...baseless trash.
IMHO, case dismissed...next!
nilremerlin
justfrank: "While Schatz & Nobel has not filed a lawsuit against the defendants, to view a copy of the Complaint initiating the class action or for more information about the case, class action cases in general, and your rights, please contact Schatz & Nobel toll-free at (800) 797-5499, or by e-mail at sn06106@aol.com, or visit our website: http://www.snlaw.net.
I believe the Shalov Stone & Bonner lawsuit is the same one that was begun by Sarraf Gentile, no?
nilremerlin
New article out:
http://www.antandsons.com/2006/05/globetels-huff-at-helm-for-titanic.html
nilremerlin
maxximus: there are only 3 lawsuits "filed".
Schatz & Nobel announced, but did not file yet.
nilremerlin
2 of today's military (ARMY) contract awards:
AAI Corp., Hunt Valley, Md., was awarded on May 4, 2006, an $87,154,533 firm-fixed-price contract for full rate production of the SHADOW Unmanned Aerial Vehicle System and associated support equipment. Work will be performed in Hunt Valley, Md., and is expected to be completed by Dec. 31, 2009. Contract funds will not expire at the end of the current fiscal year. This was a sole source contract initiated on Jan. 11, 2006. The Army Aviation and Missile Command, Redstone Arsenal, Ala., is the contracting activity (W31P4Q-06-C-0292).
AAI Corp., Hunt Valley, Md., was awarded on May 3, 2006, a $65,556,046 firm-fixed-price and cost-plus-incentive-fee contract for performance based contractor logistics support for the SHADOW Unmanned Aerial Vehicle System. Work will be performed in Hunt Valley, Md., and is expected to be completed by Oct. 31, 2007. Contract funds will not expire at the end of the current fiscal year. This was a sole source contract initiated on March 7, 2006. The Army Aviation and Missile Command, Redstone Arsenal, Ala., is the contracting activity (W31P4Q-06-C-0256).
nilremerlin
Institutional uPdate:
Dimensional Fund Advisors (NEW) reports buying 1,539,732 shares of GTE in Q1 (see page 1);
Munder Capital Management (NEW) reports buying 17,463 shares of GTE in Q1 (see page 2);
Goldman Sachs reports selling part of its GTE position, 5,527 shares in Q1 (see page 2);
Schroder Investment (NEW) reports buying 3,500 shares of GTE in Q1 (see page 3);
Ameriprise Financial reports selling out its 1,203 share position in GTE in Q1 (see page 3):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Shares now held by institutions = 8,270,226 = 8.04% of O/S
nilremerlin
Institutional uPdate:
Dimensional Fund Advisors (NEW) reports buying 1,539,732 shares of GTE in Q1 (see page 1);
Munder Capital Management (NEW) reports buying 17,463 shares of GTE in Q1 (see page 2);
Goldman Sachs reports selling part of its GTE position, 5,527 shares in Q1 (see page 2);
Schroder Investment (NEW) reports buying 3,500 shares of GTE in Q1 (see page 3);
Ameriprise Financial reports selling out its 1,203 share position in GTE in Q1 (see page 3):
http://www.nasdaq.com/asp/holdings.asp?mode=&kind=&symbol=NCTI&symbol=GTE&symbol=&am...
Shares now held by institutions = 8,270,226 = 8.04% of O/S
nilremerlin