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Are you nuts? AMEX also has a duty to protect members of its exchange, posters here have pasted the Amex rules here stating such, they did NOTHING about the BONY fiasco.
American Mafia EXchange can bite the butts of a lot of investors that will never own stock listed on their exchange again. This is also from many MB posters other than GTEM's.
This subject is very old here and maybe someone else wants to go over it again but I don't.
Hog tied and dry with a big BONY.
Past posts have hashed and rehashed ad naseaum, look back .
We aren't dealing with oil people here, the Parelta's are a well established communications business family that KNOWS WHAT THEY ARE DOING, and are in a position to pull strings.
http://www.globetel.net/061506.pdf
bigger...but starting out small and building.
Monterrey is along way from Mexico City. Another poster who said they were familiar with the area pointed out a city NORTHEAST of and nearby to Mexico City that has a large University student base, (perfect for new tech). It is Pachuca de Soto, about 50 or so miles away. I have never been to Mexico City but can picture a city of 50,000,000? people to stretch all the way to Pachuca de Soto to seem as if it were a part of Mexico City. Some evidence has been presented that the 15 cloud buildout was IN Mexico City.
"no...it's one and the same...
"rolled out over a significant portion of Mexico City"...
it's a suburb NE of Mexico City...to be exact..."
Which actually makes more sense. Mexico City is so massive, (50,000,000?), that it probably contains cities inside of it which used to be near it and were swallowed by growth.
All the nitpicking aside, I think we are about to hear of the consumption of a $5,000,000.00 deal. After stats come in from this 15 unit cloud.
That's what I think..... we'll see.
Which indicats and differentiates it from the Mexico City/VPN/Peralta $5,000,000 rollout. Two distinctly different areas and set ups?
http://www.globetel.net/061506.pdf
Do you really think a confirmed up and running system 4 miles wide near Mexico city with business customers and FREE PROMOTION TO RESIDENCES is an empty content pr? This free promotion is going to have every wi-fi and wimax enabled computer ON LINE with Globetel. There are MANY future sales for those of you wondering about numbers.
Speaking of which, numbers will come when they are validated and set in concrete, this is different management do not expect more of the same.
A rollout N.E. of Mexico City and IN Mexico city is confusing some posters here. Heck, GTEM could have two going at once for all we know now! (Just to show the other side of the coin, what some are pointing out as a negative could actually be a very positive development, although I personally doubt it).
If this is the case then Joe may have to prove himself to the business world by providing a stellar performance as head of Centerline. Sort of a last shot at the ring. People in such a position have many times shown complete devotion to the job and performed admirally.
However, having been on the receiving end of a similar situation with Montana Power aka Touch America/TAA I know exactly where you are coming from and how you feel. I lost every penny I had into it because of the CEO bs. I feel this situation is far different. I do not expect you to stop grinding that ax, you seem to have good cause if all is as you layed it out.
A Mexican lawyer had 1% of GTECC, if I remember right.
Jim, why would you hazard a guess there is no partner MX?
Not only gunshy, but since it's on the pinks good news won't have the impact of even a bb listing. If we were at least a bb we would have seen more to the upside I'm thinking.
At least we can see a light in the tunnel and it turns out to not be train.
Still waiting for the fat lady.
Nice to see some of the traditional negative posters acknowledging this news as GOOD. I had to take a couple out of the basher column and put them in the negative sentiment column.
GTE wasn't the only company the AMEX screwed and won't be the last. Why do you think the street calls it the "American Mafia Exchange"? There are many people that won't invest in AMEX listed companies for that reason.
he said a kick in the pants, not a full blindside. The full blindside comes later with full rollouts in multiple countries.
The American Mafia Exchange is already getting a bad name from other than just this company.
15 cloud area is almost 4 miles not the 2 miles I posted earlier.
oops, was thinking 800 meters in one direction, each cloud should be 1600 meters across.
That 15 cloud area should be about 2 miles across.
Thats a lot of happy students if in Pachuca. Students love to talk about the latest "thing". Word should spread fast.
imhpo, (the p is for pumping, lol).
15 "clouds", 800 meters each....nice coverage! Free wi fi is going to cause a big buzz through the entire region.
This first phase of network deployment includes 15 sites containing HotZone 4010s broadcasting both 5.8 GHz point-to-multipoint connections and the redistribution of standard Wi-Fi at 2.4 GHz providing broadband internet access. This network rollout illustrates the cost efficiency of the HotZone 4010 by broadcasting a standard 802.11b signal resulting in a Wi-Fi "cloud" allowing homes in the area access to broadband Internet service using an ordinary laptop or computer with a standard Wi-Fi card or adapter. The network has been operating with users since mid-October and has performed to Tier 1 specifications providing 99.9997% network availability calculated on a monthly basis.
Although the primary use of the Company's first commercially-available network in Mexico is for broadband Internet access, the HotZone 4010 also allows the offering of VoIP telephony through the DECT standard, permitting a typical DECT-enabled cordless phone to have a reach of up to 800 meters from a HotZone 4010 base station, and allows for the fulfillment of WiMAX needs
Breaking .30 today? This is NOT FLUFF news.
I expect more favorable news to follow on a steady basis as the GTEM crew continues to bust butt.
Not that much volume though, at least not yet.
Bid 0.27Ask 0.29 B/A Size 5000 x 5000 High 0.29 Low 0.25 Vol. 371,030 (Heavy)
It has begun
C'mon fat lady, belt one out there.
I'm not sure, but I think a U.S. business in Mexico needs a partner. Anyone?
It's on my Ameritrade. What do you want them to do, overly promote so you can have more ammo to bash?
Definitely material event.
"began offering Internet services on the network in conjunction with an introductory promotion to residential users"
internet services are being bought, as in customers, the promotion is for residences.
The fat lady is warming up.
TA DA!!! eom
Sometimes I like the way you think low. Can't really blame you or anyone for not believing the story as you say, cause of the history, but also as you say, it's a recent new start. Personally, I like the way the new is coming together.
Thanks mide, for the very well put update.
And what happens to those who take your advice low and it all comes together? What has changed? You need to read what mide wrote again. Same things I've been saying but in my own pithy way. The new team is NOT MESSING AROUND! and THAT is what investors need to keep in mind. This isn't the old dream team, this is the DO team.
Perhaps R.B. used "dispel" as in dispelling false info by bashers. Would it fit then?
I suppose they have a bunch of fluff laying around they could pr. This is a new team. If we do get pr's I believe they will be solid not fluff, thus we are not going to see anywhere near as many pr's. Patience grasshopper, we know there is the possibility of blockbuster pr's, we're not going to see anything about their subject matter until the fat lady is bellowing.
On an OT note, some of you might want to check out NMKT.
The self promotion seemed to stop with the change of the guard. Pit, you are judging with old criteria.
"has attracted tentative support from Raytheon to develop airships for military and civilian telecommunications and observation".
Key phrase in 1st paragraph that any basher simply cannot see, it's beyond their limited capabilities.
"When did we figure we'd finally see a 10Q?"
After the Sec valuation study.
What will it take to get off the pinks, completion of the SEC reevaluation? This SEC thing is beginning to look like it's holding up the entire show. Speaking of SHO, congress needs to reign this naked shorting in ASAP.
We're green? Let's see more of that next week.
Along with some good news, besides transition stuff.
Can you feel the whiplash from the double takes on your statement? LOL, talk about a monkey wrench thrown in the gears!
Thanks game, those are exactly the little tidbits of info needed to keep us happy for the most part. Some will never be happy no matter what is said about whatever.
When are we getting a Market Maker and getting out of the pinks?
Updates:
SEC
Mexico
Germany, both going retail and BK filing
China
Brazil
India
That'll do for starters
Every time a $25 trade goes through I just shake my head. It doesn't make any sense.