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Chile? Ah, nilremerlin, as usual you've made me think, where are they conducting those untethered tests anyway? From today's nr:
"The current phase of the program consists of several untethered air- and ground-based tests of the proprietary components and systems."
Current forecast for Santiago, Chile:
Tomorrow: Mainly sunny. High 87F. Winds SSE at 10 to 15 mph.
All free association, of course . . .
I don't think this at all like any time previously. Untethered test(s) - plural - and a stratospheric airship. I think it will be great fun if completed financials and the unveiling of this new airship occur at about the same time, and maybe even the revelation of the "partners" involved.
You mean manipulating the pps downward with tiny trades at the bid when the bulk of the trading is at the higher ask? Of course - it's a total sham.
Not only untethered tests, but I think some here have missed the type of airship - "stratospheric" - discussed in today's news release. It's not the SAS-51.
Exactly - looks like the new airship may be unveiled sooner rather than later. Watch out shorties . . . LOL
We certainly have a good idea.
" . . . expedite the process to deliver a stratospheric solution to our partners . . .." Who are these partners?
Jonathan D. Leinwand, Chief Executive Officer of GlobeTel, stated, “Both of the teams at GlobeTel and TAO share the same goals and vision, and believe we can expedite the process to deliver a stratospheric solution to our partners for applications that are demanded globally.”
I wonder if this news explains some of the activity on the Frankfurt exchange that Nilremerlin has reported to us.
Is this some version of SkySat? It's not the SAS-51, and, evidently, not SanswireII. Hmmmm . . . .
They are not interested in acquisition. Hypothesize away with your opinions as to why they are not . . .
They are reading your posts. As soon as you posted that, they changed the bid to 12.5 cents.
The point is that Joe faked invoices and took money for work not done at the Centerline division. This individual who, according to the SEC, had no problem ripping off GlobeTel and its shareholders, also ran the Mexican venture during the period when radios were shipped to Mexico. Some of us can well imagine that Joe and his pals, the Galindos, might have dropped the ball on certain items, like paying shipping bills, while they made sure they got their share and even more.
And why the 2 1/2 cent spread this morning?
No. If someone has the time, perhaps they could check with Rob and see if the site is updating.
Those 45,000 traded before the bell, even more interesting. 85,750 shares traded by 9:31.
Am going out of town. Will catch up with my ideas later. Very interesting and I hope it is something that is being explored.
Nilremerlin, thanks for your research on this. Here is another article (see below for relevant posts in this thread):
UAV competitors await US Navy decision on ScanEagle
14 January 2008
Industry rivals are waiting to hear if they have ousted the Boeing/Insitu ScanEagle unmanned aerial vehicle (UAV) from its role as provider of intelligence, surveillance and reconnaissance (ISR) support for US Navy ships at sea.
A decision on the interim Unmanned Aerial Systems (UAS) contract, which will provide ISR imagery services to warships and to the US Marine Corps into the next decade, is expected in late January or early February 2008.
Other competitors are thought to include AAI Corporation's Mk 4 Aerosonde, Aurora Flight Sciences' vertical take-off and landing GoldenEye 80, BAE Systems' Skylynx II, MTC Technologies' Spyhawk T-16 and Swift Engineering's KillerBee.
A request for proposals (RfP) for the Small Tactical Unmanned Aerial System (STUAS) Tier II programme of record is also imminent.
Captain Paul Morgan, programme manager at the US Navy and Marine Corps Small Tactical Unmanned Air Systems Office (PMA 263), told Jane's that the interim contract will provide over-the-horizon ISR services across the United States fleet until STUAS Tier II capability reaches its initial operating capability in 2010-11.
ScanEagles currently provide ISR imagery to the US Navy after officials placed a non-competitive order with manufacturers Boeing and Insitu, as an urgent operational requirement, in 2004.
The navy subsequently decided to open the follow-on contract to competition. "We felt it prudent to compete to allow other companies to come to the table," said Capt Morgan.
He added: "The contract will provide for the equipment on board the ship, which will be operated by contractor personnel. We expect to start with a smaller selection of ships and then expand the service across the fleet."
Boeing and Insitu are bidding to continue to provide UAS imagery services, but if a new contractor is chosen, ScanEagle will gradually be taken out of service as the new provider takes over the role.
Image: The catapult-launched ScanEagle UAV was selected in 2004 to provide image services to the US Navy. (US Navy)
http://www.janes.com/news/defence/air/jni/jni080114_1_n.shtml
Posted by: siriuslyricher
In reply to: nilremerlin who wrote msg# 36717 Date:2/1/2008 8:39:25 AM
Post #of 36718
Thanks, Nils. I wonder if we would have a partner in this, should it occur, and how it all ties into that invitation from the U.S. Navy.
"Industry rivals are waiting to hear if they have ousted the Boeing/Insitu ScanEagle unmanned aerial vehicle (UAV) from its role as provider of intelligence, surveillance and reconnaissance (ISR) support for US Navy ships at sea."
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26059220
Posted by: nilremerlin
In reply to: None Date:2/1/2008 4:15:51 AM
Post #of 36718
. . . Mr. Allan wrote that I'm on to something, though I don't know what it is for sure. I do have 2 ideas about what it may be, among the many things I've posted, and I'll speculate on them more this weekend...right now, I gotta get some sleep. GLTA.
possibility 1 (more likely):
HotZone gets military certification as suggested by the CWID assessment.
possibility 2: (less likely) our airship replaces ScanEagle...read:
We would need 1 to get 2.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=26059220
both have huge ramifications, stock-price-wise.
nilremerlin
Hint? That article about Chile posted by him???
The U.S. Navy INVITED GlobeTel to engage in an experiment that involves a significantly broader range of transmission than would have been involved in TW 2008. I wonder why?
"The LOE seeks to demonstrate a 10 kg. (22 lbs.) telecommunications package aboard the SAS-51 at altitudes of up to 2,000 ft. that would have a range of transmission of up to 100 miles. The Company intends to power the communications package utilizing a modest power supply of less than 100 watts. The prior experiment that was envisioned for TW08 would have limited the maximum range of transmission to six miles.
Yikes. Some here know the pps number I saw flashing by in my dream (several nights ago) with the volume suddenly jumping. I have had "visions" or premonitions that come true many times before, but this is the first involving GlobeTel.
Maybe he made that expensive 40,000-share trade on the Frankfurt exchange too. LOL
Good question. One poster has indicated on more than one occasion that he can't get his orders filled, then watches as other orders at lower prices than his bid are filled. He complains here, then suddenly gets partial orders filled, but they don't show up as trades.
Judging by that and many other posts, he just might not be a shareholder, was never a shareholder, or is perhaps a former shareholder, or perhaps holds but a small number of shares.
We also have never seen his alleged emails to Rob, but only have his word that he is a shareholder and that he can't get a response. A response to what? I don't waste my time on negative posters as a general rule. Life is too short. I don't know about Rob, but I do know he is very busy and would assume he has the same philosophy.
If you're not a shareholder, Rob is not "your" PR person and he will not waste his time on you.
There is no hurdle for shareholders to contact the company and have their questions answered.
"Lesser men would have jumped ship . . . " Good one! I believe "it's the technology, stupid" (not you, of course, but as a take-off on a famous political slogan). They know precisely what they have and who's interested in it. They must believe that if they can "right this ship" it's smooth sailing . . .
BBB-thanks for the insights from a professional point of view. Your comments are informative.
As you said, this latest news is one more item checked off on the "to do" list, and encouraging to shareholders. I wonder about those who complain about the hardship of this "journey", yet who are not invested, even perhaps waiting on the sidelines to invest. If you're not taking the journey, but merely a spectator, there is no hardship and nothing to complain about.
Mr. Allan, your 7 days are almost up. What did you mean by "company affirming" - are you saying that your non-insider information was affirmed by another company? TIA
Pokestake, the U.S. Navy has invited GlobeTel to demonstrate its technology, repeat "invited". The U.S. Navy is not playing "games" - they obviously are interested in the technology and believe that is has value and may fill certain needs for them.
Kudos, Mide. "Apparently the company has the resources and the ducks lined up to proceed."
This is very important, and IMO, would not be occurring (i.e. no funding and no reason to fund) absent a successful outcome to the SEC investigation AND valuable technology.
I think you are "spot on", bill77b. This is very important. I believe it signals that the investigation is over, but GlobeTel still needs to get current (and will). Also, IMO, funding would not have been forthcoming to pay the auditors (and for other things) if GlobeTel had not been cleared by the SEC. I also firmly believe that no funding would have been forthcoming unless GlobeTel had the technology.
Now, based on the above, there is funding to bring the financials up to date, however, GlobeTel cannot appear overly promotional as the SEC is still watching.
As Mide and others have pointed out, in their opinion private financing is keeping GlobeTel going at this juncture, including the first phase of funding for the TAO/Sanswire deal.
No one would want to pay good money for auditors and getting the financial statements updated, IMO, unless he/she believed that the SEC investigation was over (and that the business had technology with real growth potential).
I find it interesting that this news release follows the SEC filing yesterday, which appears to indicate that the SEC found no violations by anyone except Joe and Luis.
Now, that would be Machiavellian - how on earth did he think he would get away with it, if the SEC started investigating? Criminals always believe that they are so brilliant and will never be caught. Fools.
P.S. Wow, the AH ask is .81 cents - how long as it been since it was that high - I rarely check, so someone who does, what say you?
P.P.S. Yak, if such events actually transpired and GlobeTel could prove who was working with Joe to short GlobeTel, I would love to see GlobeTel sue them. (I don't think Joe has any money.)
Yes, but the SEC is entity that started the investigation against GlobeTel, and within it's own filings against Joe & his cohort, SEC attorneys clearly state that there were no violations but for Joe's actions (i.e. the false invoices). I can see a fine, perhaps, because they didn't catch Joe, but he duped the auditors as well. I'm not sure how GlobeTel executives can be better than the auditors at checking the books.
I seem to recall past discussions over the fact the SEC never formally notifies a company that the investigation is over (which seems highly odd to me). If true, will this statement by the SEC be the only signal that it's over, plus perhaps the levying of a small fine?
"In other words, but for Monterosso’s conduct, none of the violations of the Securities Act or Exchange Act alleged would have occurred."
Volume/price suddenly jumping - news coming? EOM
So, if that's part of the SEC comments (see rwehapi's response to you; he suggests you look at the filing yourself), you conclude that the SEC would not have said it unless the investigation is fully over? Good. Glad to hear it. Neither do I.
If you couple this last statement by the SEC:
"In other words, but for Monterosso’s conduct, none of the violations of the Securities Act or Exchange Act alleged would have occurred."
. . . with Joe's clear statement in his response to the charges that the SEC had been looking for over a year to find evidence of the involvement of GlobeTel executives, but had found none (paraphrased), it sure looks like GlobeTel has been cleared, IMO.
Great news. Thanks, rwehapi2003. Last night I had a dream that I was walking by a large wall of ticker symbols and, suddenly, in the lower left corner, the GTE symbol began flashing, fairly frequently. Needless to say, I was surprised.
I thought the price was higher, but could not see; then I thought it was lower, like 4 cents. I was afraid to look, but as I grew closer it was doubling and heading higher.
And, did not know about this SEC reply until just now.
"It means the market" - care to translate? You have information that a certain individual is going to cover based on information that they have received or somehow obtained?