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she my not be preforming today......but she walked her fat butt on stage and belted out a pretty good note......then bleckman ran out there and got her off stage......the sec is in the wings trying to push her back out there.LOL
well the rule is when there is blood in the streets u buy....however this may be real blood.LOL......i think i'll wait a bit to see if the coroner shows up.LOL
well ok now thats good news....still not buying tho.....but would explain the buying......should then pop on the reports....atleast thats how the traders see it.....i'll just wait.....just way to many problems.....unless it gets down to a penny....what the hell 100 bucks gets u 10k shares.......it may be gambling......but atleast GTEM keeps it entertaining.LOL
its 4 and monday was a holiday.....so this is day # 4....really this is why people argue with u......there is NO rocket science required there.....but u still got it wrong.
well bleckman may have known.....but he can't not say.....what part of he can only give out whats already public do u guys NOT understand.....u can NOT get NEW info from IR.....PERIOD......well i got some time......tho still not enough to go thro everything......but it does seem nando may be right.....it looks like this is mostly cuz they haven't put out reports.....i'm sure the sec is NOT really happy with the delay......lets face GTEM has never meet a deadline.....and the sec is NOT one to let u screw around forever......still wouldn't touch this with a 10 foot poll right now......this is a civil action and not a fraud action.....so thats another bonus....i guess its a lets see what happens once they get the reports out....well thats what i'm gonna do.
btw joe this still does not change the fact that u still have not posted the verification of the dead JV.....i see u have no problem posting other docs....so wheres it at.....regardless of what happens to GTEM....still doesn't change the fact that u are a big fat liar.....i have always said just cuz joe is lying doesn't mean GTEM will make it.....so joe where is that verification at?.....like i thought a big fat liar.
yes thanx......i haven't had the time.....i gotta go.....i guess the good news is.......its still trading......must admit i do find that a bit odd.....u would think that they would have halted it on the wells notice on the 5th......maybe i'm missing something........but i swear i hear the fat lady singing.
LOL.....what else can u do at this point.
actually no he didn't......this is the company....this is NOT individual stuff....this is like anderson....and thats a pretty big list......i have no idea if GTEM can win or not.....and i have no idea if this puts a halt to them raising money or not.....i would guess its innocent until proven guilty but the sec does have a duty to protect share holders so they could halt trading.......well i would sell but its pretty much worthless at this point......not much dif between here and zero....well atleast not dollar wise......was hoping to buy here.....but NOT on that news.....i would understand if it was a couple things......but that list is huge.....oh well i guess the good news is atleast the CEO is a lawyer....GTEM gonna need one.LOL.....honestly i have no idea who is buying.....really if u short this is the one where u never cover and never pay taxes.....i'm guessing its just traders......wonder if joe is gonna continue to kick the dead horse......cuz at this point.....it looks pretty dead to me.
man i am so glad joe is NOT a poster here......i can set my flamethrower to super crispy.LOL...first the insurance....seems when people call your bluff....cuz u said they had none....u get all huffy....now its an inside leak....really joe....its BOD insurance....its NOT top secret.....however what u mean its almost consumed......what freaking insurance u buy.....generally thats the limit per case.....if my house burns down at the beginning of the yr....my house can burn down at the end of yr again and the insurance company still pays....not like they go well u already used it up....tho i do think they might get a little suspicious.LOL.....now u claim they have enormous debt....care to post those verifiable facts that u only post....yea like i thought more BS coming out of your piehole....and what moron said the debts are covered by insurance....guess i missed that post.....one we have claimed the unpaid bills are under a mil....no one NOT even u has posted anything that proves there is back taxes owed....or that there is anything other than what is on the dockets as owed.....i think we all agree that upper management is NOT getting paid and most of it is in shares....which begs the question....why would they take shares?....so joe since u post nothing but verifiable facts lets see the links verifying that 2 mil...or how bout the JV is dead....or how bout that others beside u got a wells notice...or how bout there is NO revs.....ok i actually believe that one.LOL
oh joe if the deal with TAO doesn't work out they can just ship the strat to dougs house.LOL......btw i thought there was NO strat.....so why the sudden concern of where its at....at this point joe.....u are no longer digging the hole deeper....u are just hitting yourself in the head with the shovel....which every time it makes that silly noise....well i just bust out laughing.
ok....i need to stop laughing.....i can hardly type.LOL......man joe that is some of the funnest crap i have ever heard......ok lets start from the top.....first joe.....500 bucks gets me 5000 shares......thats a double down....its 500 bucks....really it means nothing to me....i earn that in a day....not like i'm saying buy a million shares.....really get over your self.....now u say u are NOT willing to post anything that is NOT verifiable....well u have posted the JV is dead.....so where is this verifiable proof that it is dead......oh i see thats different.....we are to trust a fired employee with a wells notices......joe really just how retarded do u think i am?....at this point even the brain dead are going huh.....u are criticized cuz u do NOT post docs to back up your statements....YOUR OPINE IS NO MORE VALID THAN MINE...and considering i do NOT have a wells notice.....my opine is clearly more non biased than yours.....i have said repeatedly that this is a gamble...i see a concentrated effort by u to cheap people out of whats left of their money.....really where are the facts that the JV is dead.....u and i both know u have NONE.....cuz u and i both know if u had any u would have posted it already....so joe here it is in black and white for all to see.....no more BS.....u post the proof and mr owl will sell his shares and recomend everyone do the same....the only reason i am here is the JV NOT the strat....so either post the facts that u claim to have....or admit u are just blowing smoke.....its one or the other.....my guess is as usual when a poster calls your bluff.....u just pretend it didn't happen.....well gees joe i wonder why u have no credibility....of course the fact that u are the ONLY one with a wells notice doesn't really help.
ok this is almost getting to the point of absolutely hysterical....seriously how old is joe....5.....hey 500 bucks gets me 5000 shares......so i bet 500 bucks and call your P A bluff....u said u had proof the JV was dead and if jon didn't post it u would.....well I FREAKING CALL....so post it u cowardly lion....wheres it at joe u big fat liar....wheres your proof.....just like i thought....hide behind your site.....post it post it post it....u are the biggest coward i have ever known....and to think u were to be the CEO.....gees all i can say is thank G that never happened....u are a complete and total loser.....I TRIPPLE DOG DARE U TO POST IT......gees.....i haven't had this much fun since the days of yahoo.LOL
hmmm....are u sure u know.....cuz before u said it was a mil....now u got it down to 500k.....that post got deleted....whats up with that....anyway which is it.....even joe said it was worth millions.....so i'll agree on the 1.5 mil part.....but if its that old and only worth 500k now.....then they will be lucky to get 250k at an auction.....heck i think joe even said there was like 500k of brand new gear in there.
now i have some questions about a and b are u implying joes gear is NOT in the sale....or that joe has stole some gear.....or are u just asking the question cuz u really don't know....sorry but alot of people ask question here to imply things.....don't want to make it sound like thats what u are doing.....really i'm just asking.
btw....this is centerline.....thus unless u have a jugdement against centerline....u will get nothing.....oh sorry bout your luck LAWA.....u won against sanswire....see jon not so stupid after all.
oh and SOG....this is centerline stuff.....NOT sanswire stuff....thats now in germany.....or if u want to believe sands....at dougs house.....either way it won't be at the auction.....now if u want a nice cisco A55400....help yourself.....and thanx for helping the cuz.
i understant that....but not all the emails are from joe.....heck half the time what he says is in the emails is NOT whats in the email....i guess he assumes people are to lazy to download and read the email and just trust what he says......i don't trust joe either.....in fact i consider him to be a very dishonest man.....but that doesn't change the fact that those are emails from inside the company......heck i just find that fascinating all by its self.....how many times do u get to read insider emails.....yea like never.....sure some of the stuff is clearly taken out of context.....and tho he is NOT altering the email....he clearly is NOT posting the entire thread either......however we all KNOW the out comes....maybe its just me but i find the whole thing rather odd......personally i find this more like a great mystery story....yet this is NON fiction.....this is unusual to say the least but is really happening.....i just don't see how someone can NOT read it.....in fact it goes to show just how dumb sands and seth really are.....this whole thing....no matter if GTEM ends in disaster or not is a fantasic read.....really folks the former COO and to be CEO has a website blasting his former company.....now that did not even happen at ENRON.
cuz there is a ton of info there....and its quite usefull......u don't even have to read joes crap.....just read the emails and other docs.....it really is quite informative.....heck here is an experiment for u all.....if u haven't been.....gotto joes site and just download the files.....they all on the right....no need to read his crap at all......put them in order.....add in the GTEM PRs from GTEMs site.....and then come to a conclusion of what u think is happening.....then go back and reads joes site.....now did u come to the same conclusion joe did?.....i think u will find the results very interesting.
well mide i think u just presented yourself as a hoop.LOL....i was kidding of course......or did u mean just me.LOL....what u affaid i might really PO D and then they will never put out the reports.LOL....i can just hear it now......bleckman.....well mide they were gonna be out next week......but this owl called D.....and well now they really mad....they said they won't put out the reports until he sells.....and mr owl says he won't sell until D puts out the reports.LOL.....besides i don't have their phone #......u want to post it here.....that should be funny.....D....why the heck is our phone ringing of the hook?....those darn GTEM share holders......what in the heck were we thinking when we decided to do biz with GTEM.....those people are crazy.LOL
oh heck yea it is.....the best i can figure is joe is owed 90k shares.....if he feels its more.....than how come he didn't say anything when the reports were out...plus that doesn't seem to be any part of the restates......iow if it was a big deal like joe wants everyone to believe it would be in there.....there is a thing called a balance sheet.....u can't put assest that u don't own on it.......so it sounds like a couple weeks after the auction GTEM should get around a mil minus the expenses.....iow i'm estimating(based on mides est.LOL) that GTEM should get atleast 500k.....but probably closer to 750k.....iow enough to pay of the unpaid bills......not that i expect thats what they will do with the money.....just pointing out the balance sheet might be pretty close to zero......so GTEM just needs money to go forward.....and then of course some revs with profits(thats gross not net) so it can stop issuing shares to raise money.
on question #2...its goes into the escrow account set up by the judge....then GTEM will get what is NOT in dispute....which apparently is a whooping 90k shares.....iow at .20 thats 18k......iow joes lawyer is gonna cost more than that to drag it out.
and how often is joe in contact with the fraud division.LOL....sorry couldn't help it.
thanx mide.....does that mean we 30k holders should call D daily and pester the crap out of them......we can get our pound of flesh....well kinda....anyway it should be noted that the whole point of getting the reports out is so GTEM can raise money.....the reports are gonna suck....so if someone is sticking around cuz they think there is gonna be good news in them.....i suggest u pull your head out of your u know what.....cuz it ain't happening.
mide i assume the plan is to then get listed on the OTC then raise money.....what they hint at....or do u have no idea.TIA
hey does that mean we get another symbol change....by the time this is all over its gonna be GTEZ.LOL
no not really joe posted and then took it off....either cuz doug told him too......or joe is using it as a way to gain credibility.....put up crap and then pretend like he looked into and found nothing so he took it down......a mensch would never have put it up in the first place.
well mide.....i agree....totally.....i didn't buy more but i'm going to.....same reason.....hoping we retest the low.....almost always do......but i would like to add a couple things.
1) there is no bank debt.....and there really is no debt.....its unpaid bills(still well under a mil by my count)....but i understand what u mean.....iow its unsecured debt at best.....hope everyone understands the dif.
3) i too have read all the emails.....and jon by far seems the most professional.....and a little shrewed too....only time will tell if he is a good manager of people.
6) we have a JV with the P family.....here is my counter point to all of joes crap.....the JV seemed dead and even was threatened by G himself.....so why did it ever get off the ground?....the P's clearly don't need to run a scam.....and wouldn't hire someone(galindo) to run one either......so why?.....the only reason i can think of.....is hotzone works....i mean it must really work for the P's to put up with all the GTEM crap....so why would they bail now?.....cuz GTEM is full of crap.....its quite clear from joes site the P's are well aware of that already.....iow despite whatever the problems were/are....they should be over come....really all GTEM has to do is stop acting like putzes and 90% of the problem is solved.
anyway its funny about your counter-intuitive conclusion....cuz i think the same thing.....tho its more like.....well joe if the horse is dead.....why they freaking heck u beating it with a ball bat 24/7.....ITS DEAD JOE ITS NOT GOING ANYWHERE.....dead things don't go anywhere until someone comes along and buries it.....so i came to the conclusion joe must not really think the horse is dead.....tho he is trying to bury it anyway.LOL
and besides.....500 bucks gets u 5k shares.....pretty freaking cheap to double down....well atleast for me.....and i still won't really have crap riding on it.
i understand that.....but as CEO u should call D hourly......where are my reports.....i paid i want them now.....of course i'm assuming they paid.....as far as i know thats the problem......look i know what those clowns are doing.....they want to put them ALL out at once......its typical of are CEOs......they all come to the plate to smack it out of the park.....well hello.....we are losing 50 trillion to nothing.....blasting solo shots out of the park is of NO use.....we need base hits......lots of them....try some bunting......iow put the restates out.....then a month latter try getting last yrs reports out.....then a month latter get current with this yr......just get something any thing done.....its NOT ROCKET SCIENCE.
its my posting style.....tho spoofing is not a problem here.....it is on other boards.....no one can spoof the owl....many have tried....all have failed.....if u really pay attention i spell some words wrong but the same way every time.....i do know how to spell.....ok not really but i do have a spell checker.LOL....alot of it is bad typing tho and then not using the spell checker......really most of the time the grammer is correct and they are complete sentences......i just don't use caps.....and put to many periods at the end of the sentence....and there are a couple other things.....like lack of use of the '........its still better than bleckman......the master of the run on sentence.....its why their PR's are so miss understood......take the one where uli says they say that wimax is in the mexico system and he says they need to correct that cuz there is no wimax.....well read it......it does NOT say wimax is used......but its very misleading cuz of the way bleckman words it.....which i'm quite positive is done on purpose.
i'm bored.....i wish i had something to do......like read some freaking reports......they are doing some simple restates.....or so they say.......and the last couple Q's have like zero revs.....honestly how long does it take to report freaking zeroes with big loses......gees they go any slower they would be going backwards......oh wait that is what they are doing......hey jon i realize the transmission might be stuck in reverse.....but if u turn the car around u can still get where u want to go......with your stupid foot on the gas we are just getting farther away.......either fix the transmission.....or drive backwards down the street.....at this point i could careless which......but can we please stop going backwards.....FILE THE DARN REPORTS ALREADY.
some of u are beyond paranoid.....gees......same post as always.....anyway thanx to the poster for the PM.....sands is a moron......its really kinda funny......the Dr is now looking into it....well its to late now....he already signed a letter of intent.....as long as GTEM holds up its end......hes got to hold up his end......not like GTEM is not a public company that anyone can check on.....is sands saying the good Dr is to stupid to even check the naz.....why doesn't sands be a pal and drive down to mexico.....and start counting the hotzone boxes on the roofs.....oh that would require him to do actual work.LOL
how often do the tabloids get sued.....most of the time its just not worth the effort.....most of his story is in the form of a question.....thus he didn't say any thing.....just asked questions......and the rest is based on what someone said....no reason to believe that someone is credible.....there is NO rule thats says news people have to use credible sources....they are more then free to use noncredible ones......hence the term trash mag.
well given there are 30k SH......he could have alot of email to respond to and phone calls......plus he sits in on meetings....and keeps up with what the company is doing.....i also think he has money contacts.....like trying to get funds to invest.....good luck with that one......but there is still one fund......so he will deal with them.....probably tries to hit them up for their friends.....hey if your this stupid how bright can your friends be.LOL
ironically GTEM......it did go from .02 to mid .30.....and then from a buck to over 4 after the split......they then proceeded to run it into the ground again......i would say odds are very against recovery......however it does still have life.....will know alot more if they ever get around to putting out some reports.....time is running out.....tho i really have no idea how long they are allowed to jerk around and NOT file......but investors are about done waiting.
actually i was PM by another poster who has called.....DO NOT CALL AS HE WILL NOT LEAVE U ALONE......in fact don't use your good email addy either......like i said he is a 2 bit PR guy that is a jerk.....who knows what his problem is.....his source is probably joe.....not like it cost sands anything to PR that stuff.....did u notice that he emailed it to himself than forwarded it to joe......and really he IS a PR guy.....and i write better than that.....well ok maybe not but i'm NOT a PR guy.LOL
did sands tell u he was paid the 5k.....then i doubt he has.....i think he as an email in that report......email him and see what he says.......but i see no reason in wasting time with that clown.
whatever their pay was......no one has sold shares....check the 4's.....they holding the bag like the rest of the longs....in fact some one said huff gave back all his options......and employees are still taking shares......in fact that is what joe is after......tho he claims the company is worthless......so i guess he just likes wasting his time everyday kicking a dead horse.
he came back cuz hes got a bunch of money on it.....and was tired of the screw ups at GTEM screwing it up......if u think GTEM is a scam and the sec hasn't figured it out in a yr.....then i guess u don't really think there is a sec......thats fine.....but most of us assume the sec ain't that stupid....so we hang on waiting to see what happens with the strat and hotzone.....personally i think hotzone is worth more than the current market cap.....however with no reports i don't really know the OS....thus i don't really know the market cap.....hence the reason i keep saying is very risky.......however most here have already lost a high percent.......at this point they really can't suffer another massive loss.....iow there is NOTHING LEFT TO LOSE at this point......really just depends if u want the tax write off this year or next......selling now is just plain stupid.
its a secure building.....once the 5 days were up.....GTEM was out and could NOT get back in.....everything left behind at that point then belongs to LAWA.....so if they somehow got in after the 5 days.....then they stole from LAWA and there would be a police report filed and warrants issues for peoples arrest.....now if GTEM employees were moving stuff out in that 5 days.....then how he know they were stealing it and NOT just moving it.....iow his silly report is nothing but BS.....he is a 2 bit PR guy that GTEM owes 5k.....and they won't pay him so he is acting like a 5 yr old throwing a tantrum on the floor.....kinda like joe......tho i do suppose one might ask.....where in the heck does GTEM find these people....they seem to have a knack for it.
what are u talking about.....they clearly stated the russian deal was dead....dead dead......dead......only a fool or someone with unbelievable risk tolerance holds on after that.....well ok maybe u just don't really have anything riding on it so u weren't paying attention or didn't care....anyone could have gotten out after the russian deal died at 1.50 easily......in fact those that waited a bit got 1.70......but not taking that 1.50 once the russian deal died......is u all being foolish and u got nobody to blame but yourself on that one......its was a micro cap that just lost a huge deal...what part of fire don't u understand....the alarm is going off....head for the exit immediately....if u stay and get burned....well don't cry to me about it.....u are NOT a victim.....that was your silly choice to stay in the burning building.....just like it was my silly choice to run back into the burning building cuz i thought they were putting the fire out......oppps......next time i'll wait for all the ambers to stop smolding first.LOL......oh who am i kidding i bought more.....sometimes i like to gamble.....personally i find this far more fun than vegas...tho it does lack the women.LOL.....but if i get burned....its not going to be any big deal.....its just way to risky to put anything that i will miss on it......i truly am sorry for those of u that have very large loses......but u really should blame yourself.....cuz if your gonna blame GTEM or someone else.....then your NOT going to learn from this mistake.....and u are going to do it again.
actually i'm starting to see things dif...there really is no way for GTEM to get scammed.....i can totally understand why they don't trust the G's.....however there are 2 P's, 1 G and i assume from GTEM its K and L.....on the BOD......there is NO reason for the P's to run a scam.....in fact there is a big reason its NOT.....did a little bit of digging.....turns out mr slim is NOT well like in mexico....well atleast not by other telecoms.....anyway it appears joes whole speal about G loaning GTEM is total bunk......GTEM put in 125k and VPN put in 125k....GTEM is simply not gonna vote to put in more capital until G agrees to buy so many radios per month.....iow GTEM is risking nothing.....if they want to buy radios and not do anything with them.....then GTEM doesn't really care....sales are sales.....but at some point the P's are gonna care.....i really have no idea where the JV is at.....but i have a feeling its alot better than what joe is saying.....but i doubt its anywhere near where its supposed to be....around 20k costumers.....the simple fact is we will know alot once the reports come out.....not the restates but Q2 and Q3 this yr.....cuz other than magic money i don't think there is any other revs.....and magic money will be broken out....so that leaves only hotzone left......and since we know what they sell for.....and how many costumers each serves....well the math is pretty easy to come up with # of costumers for the JV.
btw thanx nerd for that post....the more i understand what was going on at centerline.....the more sure i am that joe was stealing......really joe they just disappeared.....and u just happen not to have anything to do with that....think about it folks.....joe sets up shell company......joe uses centerline under shell company......magically shell company disappears.....GTEM left holding the bag.....joe left holding the profits.....joe when u gonna post that letter u got when u got canned.....really joe just how close am i.....lets face it joe u were fired for stealing....and u can simply disprove that by posting the letter......if u lost your copy i'm sure jon would be more than happy to fax u another one.
i'm willing to give it until mid oct......basicaly 2 more weeks.....but if they not out by end of day oct 19.....then i think its safe to assume that the restates are NOT correct.....iow they did NOT pass audit......normally its not that big a deal.....but GTEM is running out of time and money.....it really can't be screwing around.....plus its not gonna look good for jon.....we'll be down to janitor bob running the company.....which ironicaly at this point.....can't do any worse.......let me put it to u this way......they not out by oct 19.....the SH revolt is on.....u listening GTEM.....oct 19....no reports....we getting a seat and we chucking u all out period.
uh a couple weeks ago.....TAO.....u might want to stop by their website every now and then to keep up.....its
http://www.globetel.net/
i don't talk to bleckman......but others have said they have talked to him within the week....take that for what its worth.....there is no real way to verify that.
thanx.....thats not how i saw that at first.....i was thinking great the tards screwed up again and this is why they always have problems.....but u are probably right......the P's are clearly way above anyone at GTEM when it comes to biz.....great little tack on their part......tim said this was the price.....and the retort shoulda been.....did u get that in writing cuz tim says he said no such thing......maybe u miss heard him.....this is the price......now do u still want to do biz or not.
i think greatest thing about joes site is how PO'd everyone seems to be.....but yet for some reason they continue to deal with GTEM......on 3-2 G says....At this point in time I will not do business with anybody in Globetel that is not Mr. Monterros.....if the money is not wired to Mexico by Monday, Antonio my brother, Carlos Peralta and my self will be out of this project. This way you will be free to go and do the business with Gustavo de la Garza.......well they didn't get the money until a month later....and it was only half...and then it still took them another month to send more gear..and on 4-20....he says this to peter.....It was very good to have in Mexico, specially for you to sit in the Boarad Meeting and find out for youself what the status of the project is, and where we are going to be taking it. I hpoe that by know your convinced that your partners and my self are very serious about the project, and see a big potencial for success.....and tho he said earlier that dan was a big jerk and would not work with him......that seemed not to be a problem any more on 4-20....funny how joe got fired 3 days latter.....this is looking more and more like i thought.......joe was playing both sides....iow telling G one thing and telling GTEM another.....joe knows hes on the way out at GTEM......so he starts trouble....so he can FIX IT....and now it looks like he is needed by GTEM....plus u got the whole P play.....they are NOT dummies......they know who they dealing with......they KNOW GTEM is in trouble.....heck its on the pinks.....iow squeeze em.....see just how desperate they are.....joe seems to fall for this like a big sucker.....tho i think some of that has to do with his centerline mess that he is trying to cover up.....that deal was announced dead on several of those emails......and in spite of it all.....it went forward.....i guess u can look at it 2 ways......either GTEM refused to get played by the P's and stuck to their guns.....and did it their way.......and the P's respected that and did biz with GTEM......or GTEM is a bunch of screw ups....and the P's are really kind hearted and did biz with them any despite they a bunch of morons......tho i guess their is a third.....the P's are so desperate for hotzone that they are willing to deal with a bunch of morons.......btw i would like to point out that there is NOTHING and i mean NOTHING.....that precludes the JV from doing biz with uli.....or joe for that matter.....funny how the JV still seems to be doing biz with GTEM....but NOT with uli or joe......joe if u such hot crap how come your buddies the G's didn't hire u......heck u say that GTEM is out.....how come u NOT in......nice friends u got their.....hate to see your enemies.
at this point.....trust NO one....and i'm not kidding....do your own DD....come to your OWN conclusions.....now i'm not saying to not to listen to anyone or read any post.....heck i find joes site to be quite helpful.....i just read the info....and come to my own opines......opines are like....well u know.....and feel free to share your opinse......this is pretty much what this MB is for.....to bounce stuff off of others.....sometimes they agree....sometimes they don't.....sometimes u change your opine.....tho no one here ever seems to change theirs.LOL
first relax.....there is NO one out to get GTEM....D is not gonna get bribed to delay the reports....that would just open them up for a huge lawsuit.....and it is just not worth the risk....not like the reports are gonna be good anyway......GTEM can issue shares when its on the pinks and non reporting.....its just NOT advisable.....iow avoid it if they can....but if they must they must.....they do have money......just not alot to thro around......hence all the games they play.....like with LAWA.....i do NOT think they are required to send SH a printed report....u can look the 10K up yourself....or get one from your broker....they are NOT required to have an annual SH report....just a 10k....at this point they may longer even be required to file Q's.....just a 10K.....they only need to mail u something if they are gonna have a vote......and to be honest i'm not share if it has to be on paper anymore.....anyway 30k SH at a buck for mailing a post card(which is way high) is well 30K.....they have that and if they don't.....then they have far bigger problems.
ok now on to the radio cost thing......if we go with that 70 #.....well 45000/70=643.....add another 600 for the parts(and assembly) and u get 1243......pretty close to that 1200.....see u have to understand.....uli's money was never ever really gonna come from GTEM.....it was gonna get billed to the JV......the cost of the radio does NOT include install....or service......its JUST THE RADIO....the JV pays for the radio, install, and support.....NOT GTEM....if GTEM provides install and support...then they get paid for that too.......iow the cost of the radio is 1200 to the JV.....no one really makes any money on that except the guys selling the parts......and uli for assembly and support......then there is the mark up over the cost of parts and assembly.....that is GTEM profit...and another cost to the JV....which would seem to be around 700.....anyway its just a thought.....cuz i really don't get that whole 1200 thing otherwise.
on another note.....i went and looked up the initial contract for the test....it was NOT 10 sq km.....its up to 10 sq km.....anyway we now know that it takes about 9 radios per sq....or 90 radios for the test......lets just call it 100.....which btw VPN paid a 50% deposit of 225k......or meaning they were selling the radios with install support...the works for 2250/radio.....and thats only half....once accepted GTEM was to get the other 225k.....tho i'm not sure that ever happened....the JV was much dif than planned.....and btw those 100 radios can support 4000 customers.....now i doubt they had that many......but i highly doubt the JV moves forward without something in the high 100's.....tho this does assume GTEM actually did its job.....my guess bassed on what i've read and what joe says....i willing to bet they did half......iow 50 radios in about 5 sq km with probably 500 costumers.