WarpCore61, you are missing nothing and are correct on all counts. Also, I believe that if a default by Trimax or GTEM were to occur, within a month ample units would be available via another supplier and GTEM would continue, on time, with Hotzone build outs. Of course this is all IMO.

miguellara, could you please post the link to the Trimax web site? TIA

Check out this link on the GTEM Web Site. Has a search ability always been in the SEC filing section or is this new.

http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-sec

For anyone interested, the "Corporate Governance" section of the GTEM web site has been fixed and old names deleted. "Upcoming Events" and "Career" sections look different. Work has been done on the front page also.FYI

justfrank, your post is excellent and strikes home to the point of why GTEM is in the position we are today. I believe that management can let the pendulem swing too far as to NO expectations, ie no news until accomplished, just as letting the pendulem swing too far toward being overly promotional. It's a balancing act and being skewed too much one way or the other will cause sp problems. I am of the opinion that our current lack of any reasonably achievable short term EXPECTATIONS, low, medium or high, will cause continued detoriation of the sp even though things "look" promising. Too much company secrecy is not good, just as too much promotion is not good. I just feel GTEM has yet to find a reasonable balance of both extremes.

I can still access it without a password. See the below link.

https://secure.vozbrasil.com/vozbrasil/

nerd86, Not talking about precedence - talking about clarity in the publics eyes! Hotzone is GTEM's, no doubt. And if I'm not mistaken, OEM stands for "Original Equipment Manufacturer". If wrong I stand corrected.

optmist, Barry Reed is still with Sanswire. And the Navy test is GTEM's. Just need to clean up our marketing,IMO.

'dfmantx', I am probably one of the biggest long "bagholders" that looks at this board, DocS excluded. I think that GTEM, in the present situation, needs to ensure that the public knows where issues stand especially after the past 2 years of surprises and non eventful performance. New investors to GTEM read just like we read. When they see that the 4010/4020 is developed by Trimax and Trimax is the supplier on the Navy test, what the heck would GTEM have to offer. The point is it is sloppy marketing, and we need GOOD marketing/name exposure more than ever. So the "needs to be cleared up" comment means the public should have NO confusion about seeing the name Trimax listed as the developer but to date how the heck would anyone really know? That's the issue to me. And yes, I hope Trimax gets tons of 50/50 contracts so GTEM will prosper. But when a person looks at the Trimax web site, honestly tell me what comes accross - it appears that Trimax owns all the technology. That's the point about what "needs to be cleared up between GTEM and Trimax", IMO. Not all new investors are as filled in on GTEM as the long posters on this board.

dfmantx, this whole discussion started over the Navy test coming up in June where Trimax is listed as the developer/supplier of the 4010/4020. Also, the Trimax site appears to have all the components listed that GTEM is offering to the JV, all under the Trimax name. This needs to be cleared up ASAP between GTEM and Trimax. The way I understand it is the Navy test is a GTEM program, but why is it listed under the Trimax banner? That's where all this discussion started.

coastiretired, from the 8K ref Altvater, the below appears to state that the Hotzone line is GTEM's - at least that's the way I read it.(my bold)

Intellectual Property. Apart from the HotZone product line, any intellectual property, technology, and/or product developed by Altvater subsequent to this Agreement, shall be the exclusive property of Altvater, to which GlobeTel shall have no rights, unless otherwise provided for in this Agreement. Any intellectual Property paid for by GlobeTel to Altvater for the any development, repair or maintenance of the HotZone Product Line will be the exclusive property of GlobeTel.

Why is it listed as Trimax and not GTEM? Any ideas?

Yeah - I see your trade on my screen - no telling what games are played via the MM. Don't know why your trade would show as a sell. Maybe someone that is more versed on the trading game can help explain this. It could be that Scottrade doesn't have available shares to fill your buy order at this time. I don't know why I could get an instant fill at Schwab yesterday and you are struggling to get your's filled for 2 days. Weird to me.

aplhvac, I bought 5000 yesterday in less than 1 minute at .25 through Schwab on line. May be who you are using to secure your buys.

Yeah - ain't it great. I have really enjoyed reading this board today for the first time in months. Now, Gtem needs to follow through with constant monthly Hotzone deliveries to NMC for a continued build out of the network. IMO, this will happen.

jfburk, I think that Joe M was the last one in a position of influence that was in place when the SEC stepped in - someone like Rocky would be more qualfied to know, but it appears that a "clean sweep" has been completed as far as I can tell, all IMO.

IMO, Joe M, as the head of Centerline, most probably gave Huff the "Numbers" - ie $350M/month profit and Huff believed them, then put those numbers out in a NR. If Huff had made up those numbers, Joe M would have probably made a stink about them if he didn't agree. Projected numbers didn't come through and Joe is history. It's called performance. I suspect that the word "Terminated" was selected because that's what was meant.

Hello serious1. Appreciate your post about your Uncle's experience in Mexico. As a piece of advice, just don't respond to any of the bashers comments that post on this board, as if they don't even exist. That way, you will frustrate them while giving people your information. Again, thanks for the input.

Yep, seems that 12 large blocks have been traded between Instutions according to my broker.

fburk, I agree with you - revenues to be produced from sale and/or redeployment of centerline assets(my bold - of course the basher(s) fail to include all the information in the PR).Also, the restructuring appears complete today. This is what you do to streamline a company and get it back on a solid footing.

"The streamlining began with the sale of the Magic Money division in November 2006, shortly after Mr. Khoury was appointed CEO. It continued with the re-evaluation of the then-current projects and pilots and the decision to not pursue any of these. Today it culminates with winding down Centerline, including the pursuit of plans to sell or redeploy parts of its infrastructure and the restructuring of GlobeTel Wireless."

GTEM just changed their logo on their Web Site. FYI.

Just talked to Schwab and there are no restrictions now, nor have there ever been any restrictions on GTEM. My broker stated that sometimes Etrade etc need to establish the bid/ask and you must call in to get order execution.

If you direct your broker to not sell shares short in a cash account, he cannot. Only in margin. There are a lot of posters on this board I appreciate help and comments from - you are not one.

ineedtoknow; They want your cash account to go to a margin account so they can borrow your shares to cover shorts, IMO.

Uh, excuse me but wasn't Steven King on board when the AMEX did all their supposed DD to allow GTE to trade on the AMEX in the first place? Some DD on their part or did they not find any problem with him, only later to make him an issue? Just wondering if that fact had been forgotten or just conveniently omitted by some on this board?

ezey. please see post on other board. Not a TA issue and I don't want to respond on this board. MOD: please delete

ezey, I would do it, but when the rubber meets the road, you will find very few Investors want to put in the time and effort it takes to file such charges. Also, it costs a lot of money to file with an attorney. Most likely the only ones that would come out ahead are the lawyers. Some Investors on this board were involved 5-6 months ago with complaint letters(with facts) to the SEC. Unfortunately, the SEC appears to be the enemy, not an ally of the small investor.

Yes, the concept is "almost" gone and I agree by design, but sitting back and doing nothing to try and correct it is worse.
I believe in people fighting back and trying to fix a corruption instead of allowing it to fester. That is the only way, as you state, "goodness will come again". Return to "goodness" isn't automatic like the seasonal changes.Standing by and watching will not fix or change anything. Many are "playing" because they got caught up in this illegal game and have no choice but to remain. The word "complaining" is not correct - it should be changed to "attacking back", not just sitting in amusement and watching the system crumble. People with apathy just encourge more corruption.

Has nothing to do with emotion - it has to do with right and wrong, a concept that is slowly becoming lost in America. And why should honest Investors have to slink around an illegal system to play in an illegal game? Think about it.

IMO, It has nothing to do with "Life ain't fair". It has to do with legal and illegal and unfair practices set up to aviod regulation and protection of the average Investor. And you are correct - it won't ever change as long as people accept getting ripped off daily.

turbodog; How about Thomas Edison, Alexander Graham Bell, Bill Gates, etc, etc, etc

Anyone know what the link under MISSION - Globe Tel Store in the GTEM Website means as relates to "Powered by Sun Cobalt"? Is this equipment that GTEM plans to sell on its own? TIA

For those that are a lot smarter on trading matters than I, could this response from ETrade mean that the SEC is looking into trading violations against GTEM? Any thoughts?

good2be, don't mean to butt into your conversations with Nil but the LOI was just that, a LOI. When you are trolling for business you sign as many LOI's as possible. They are not binding. If a better deal comes along, you divert your efforts and go for the better deal. That's what happened IMO. There was no failure to conclude a deal with Marcatel. A deal never developed.

risk_it_us, don't mean to be picky, but you state "re-valuations was just one of the problems" - how do you or anyone else know it is a problem? It may well be that GTEM has made the proper valuations and the SEC will confirm. To this point it's just an allegation to be looked into by the SEC. Do you have any different information on this?

Low, understand where you are coming from but IMO GTEM management doesn't view themselves as a Pink stock and does not plan on playing the Pink stock game as you mentioned -"Because HYPE is what drives PINK stocks!" They are over the "hype" game and are looking forward to profits to drive SP. Hype is only temporary - long term bottom line profits are not. At this point I truly don't believe management is focused on SP, as painful as that is for many on this board. I think current management understands the game and will move the SP when the time is right for GTEM. But like mide says, time will tell all.

Low, you state "Just very strange for a PINK to not hype the future with every PR!" If a company knows that they have the goods, why would they make the same mistakes again by providing "hype" in their PR's? Don't need to if the long range business plan is being executed. All a "hype" PR would do for GTEM at this point would be to provide day traders an opportunity to run the stock up and then short it back down - they have learned their lesson. IMO, this PR was to let true investors know that their business plan is progressing. The SP will follow.

Lucy, I have never been able to buy into the theory that management is in a manipulation mode. I really think that they are trying to build up a company that has been trashed severly by a lot of outside forces as well as some bad management decisions inside and a lot of failure to deliver on PR's that were too "hopeful". I think Huff was not aware of the enormous amount of time it takes to get programs approved and implemented and learned a real world lesson the hard way. But, I do believe that it is good to be under the radar screen now and when ready, GTEM will make a move to increase SP. Right now, it's not in the best interest to again provide a target for competition to do their worst against them - they need to become financially strong prior to the next fight by executing their business plans - then SP will follow. All IMO only.

lowtrade, IMO, management wants to build up the financial strengh of the company prior to returning to a stock exchange that will beat the snot out of them, as happened with the AMEX. Why would management want to expose themselves to a repeat of what happened last year? To me, management has decided to put the pieces of a financial foundation in place so they can better combat the garbage that gets thrown at them from all sectors, ie press, AMEX, BONY, etc. They were not prepared for what took place in 2006, so I think they got the picture (tried too soon to make it big and got slaughtered). What better place to quietly build up the company than on the pinks? Many so called "Investors" hate it because the stock stays suppressed. I think it is a great move on managements part.

Hello mide, you stated:
"It is rather incredible to me, why everyone is at each other's throats over this PR, and not really looking at it for what it says, what it means, and what it promises, potentially." You know the reason - all the Yahoo bashers came here. Thanks for the summary - you are dead on target. GTEM is slowly building their foundation now and it will continue, IMO. This is all very good.