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I hope you keep that in mind sirius when those are pumping how important sanswire is. Really 750 ,000 is nothing with the way this company can run through money, and you know the bigs are gettin their pay, which should be about half of the 750 at least.
NO, reading between the lines with this company is a recipe for disaster. It always has been, with Globetel.
Yeah Rocket, can't you read between the lines? All that ineuendo adds to the bottom line of no legit finacial infromation in the last four years. An airship that is now years behinde schedule. I hear that LMT might agree to a buyout from globetel soon, and after that Raytheon. What globetel has is just to great to even pay their own bills. I can't wait, we are all gonna be rich, I think.
If Globetel is such a great company on solid ground, why are there not many longs or value investors investing here at these rock bottom prices? (my guess is they really have no clue whats going on either no matter how much they call the virtual office)
P.S please dont tell me they are steath accumulating shares.
Huff, from quotes I read on this board more than agrees with you. From what I read he never cared what the share price was. I asume if I were him it wouldn't matter much to me either. Those year end perks for doing next to nothing are hard to beat.
P.S. Where I live wireless internet is free, I guess thats not good for the bottom line. Can you tell me where the future is pointing too(I am also sure its faster than whats offered in mexico). I am sure you know since you ask all the righ questions.
Well, Mide I hope that gives you a glimpse of the caliber people you are investing in. (directed towards your Wells comment) I am sure they knew they could get away with it all along, and if there is enough interest they will try it again (only reason to keep this shell around for now). You know new managment is not a far cry from the old one, other than on the overpromtional front.
Only bottom line facts that I see from them are ones where there are giving away either tech or assests (If I am wrong please explain).
A couple other observations,
1) How many employees does gtem have? Please all of the bleckmen insiders (koolaide drinkers) fill me in, if you can.
1a) How well does a virtual office work? (do they by the hour?)
2) With this company in the three years I have followed it, where there is smoke there is fire, (unless I go long, then I guess, where there is smoke there is mirrors)
3) Haven't heard a third party varifiable witness to the stratelite in how long?????? (even though we were lead to beleive it was'nt a problem to test way back in July 2006).
p.s. watch a little discovery or history channel and find that what Sanswire is atemptng to do in all reality was done in the early 1900's (thus Vern has more cred' than some wanna give).
4) If GTEM is such a good deal. Why such low trading volume when what one would think is a bargin?
5) Mexico? (Seems like a Huff pay back to me), (he was close to them before the GTE "mess")) Yes there are some real rich people in Mexico, but there are 10,000 fold the amount of poeple riding the tightrope of severe poverty.
5a) This is depending on tech from a guy who they are suing months after coming to a "GREAT" agreegment too? (arn't 8k's great a getting a look into the warped minds the greedy)
The sad part about it is during that time he even let shareholders know that he was in Switzerland. But the greed was too hard to get past for most including me.
WHATEVER, I never recieved that PR come from globetel (although I do respect your hubris). If it was,I would short the SH@# out this POS (if I could). I honestly dont think they have the money to make it thru August without some help. OH by the way, DO YOU HANE ANY IDEA WHAT THE OUTSTANDING SHARES ARE NOW. I GUESS BLIND FAITH is still alive and kickin.
Have you ever noticed that the company never answers the tough questions asked, or even the common questions that any normal investor might wanna know like the FINACIALS FROM LESTS SAY THE LAST THREE YEARS.
If nothing else the definately have the money to put Globetel under. It wouldnt take them long with the condition Globetel is in now.
Good to see LowMan, back where he can be the most help. Thanks to investors hub, for whatever, and thanks to LOWMAN for the passion to keep fighting. I look forward to more DD to add to myown.
I know this will be preceived as negative, I want to ask anyway. How long does "temporary CEO" last for. Can we now call him a permenate one (six months later not a word about it). I guess a new one would want the SEC mess out of the way first and that is understandable.
In all the stocks I have followed this one keeps investors guessing like no other (good or bad I really dont know). But the facts on the table are nothing but BAD imo.
I honestly don't think the Mexico build out will be the the cash cow some say. It could be a great demonstrator, but by the time it is deployed and pays for itself. Uli will be on to a new wireless box to replace this, and from what I can tell he can. If globetel doesn't pay out the ass for it they will be out in the dark.
Also why is the strat being touted less than in anytime since I have followed this stock. Just makes me wonder of the viability of the tech. If you ask me about a government connection, I would say there is a 10% chance the government is funding this project, and I feel that is being nice.
6/11/07 11:30 am
I agree, why people on this board think he is more of a visionary than a 18 year old computer science student is way beyond me. If you ask me he is a salesman with some technical knowledge, thats all.
So when did 49% become larger than 51%. Maybe you should read the 8-k there are many back doors.
and leave globetel with nothing, but a nice little cash bonus for the ceo.
That was my thinking too, why would they need to fine a company that has been sytematically dimanteled to a shell. I guess this is the corpotate why to admit responsibliity without saying a word about it. To me this company is only left with some intelectual property that wont be around long. IMO
Does anyone wanna deal with the reality that it looks like the SEC had found some real issues with the Centerline segment of globetel. Why would a company publicly say that they are loooking for a way to move it before they actully did it (not a good way to make a favorable deal)? Seems like the are lubeing up investors (foreshadowing???) for the next step down.
LMAO, was he ever gonna? LMAO, you mean in to the virtual offices LOL
Amen to that, EOM
I am just curious to know, but would anyone here recommend this investment to a freind or family member at this point.
If I could have asked myself that question last july I would be on a little better ground (yes I knew I could lose my entire investment then). I dont think it was "GREED" that I got caught up in, but ignorance.
Funnny how a CEO can walk away from a company with out being held responsible for his words (and still be praised as a visonary, (PLEASE!!!!!)). More like a world class salesman. I hope we all learn from this. I am sure its all too common on this side of town (pinkie land). Looks like I just paid my tuition for this round.
Fool you once, come on this company prides itself on at least fooling you 5 to 10 times. Gives meaning to the word shady when you have to dig constantly to find out what the real story is, and I thought florida was the sunshine state.
Ouch, I mean it really seems that they are going to basically start from scratch. I dont care about hotzone cause, if it really was the next generation of wifi wimax we would have a line out the door of customers by now. (Its obvious its not). After a year and a half by todays tech, its obsolete.
Sounds to me that they have given up any atempt to complete or even test a statelite. Hey I can get a ballon or blimp to carry some wfi equipment, just give me a couple mill. (I could even rent the goodyear blimp with a pilot for that).
This all just sounds like a "Opps we f'ed up let us try again, please dont file a lawsuit." PR. I could be wrong as I was with investing in this in the first place.
Peace, and good luck to the honest non manipulative posters out there.
Better than barking at each other check it out. What do you guys think, looks like they should be able to work it out but, is it concerning that they have not yet???? http://www.fcw.com/article97036-12-07-06-Web
Great news today, looks like a grood buying op here, With more good news on the horizon. Any long timers have a guess where this could take the stock price?
Well all I can say is if you wanna walk around in the dark that is your choice I find it much easier to walk in the light. Actions speak much louder than words, and the actions I see are not good. All I have to say about the clear updates is "MEDIA DAY" - when were they honest about that?????????? So many missed timelines I cant even count anymore, most all had to be fereted out by posters on this board before they were admitted by Globetel. I dont wanna hear about so called messages from Mr. Bleckman cause he has no credibilty with me. Call me a cry baby all you want, there are no bonus points for loyalty you are not going to become teachers pet here.
yeah I do read it, and it changes time after time after time after time. they know exactly whats going on I just want a general Idea and we are not getting it, thats why I sold. So I dont want to hear the why dont you sell gimmik.
I really wish Globtel would just be honest and make it clear that sanswire will not be ready for quite some time. I know it would piss a lot off but, procrastinating on the truth got us in this position to begin with. Come on everyone at Globetel I know you work hard but you just waste a lot of time and energy playing these games. "oh what a tangeled web we weave when at first we try to deceive"
As always the words of Mr. Bleckman are carefully choosen, I wonder if he used to sell Ginsu knives with the way he has been mincing words. I appreciate Mide's effort a great deal, but Bleckmans street cred is 0. plus once again very ambiguous. Maybe we should call him The Ameba
I am surprised they didnt run out of letters in the alphabet for the amount of violations they had, yet some people want you to believe it was a good ole boy network that caused this and bad journalist. I also can't belive nobody wants to hold Huff accountable. The guy steps down without a word to shareholders, and they cheer when he gets another job with the company. wow
"Bada bing Bada booom, oooooooooooohhhh!!!!"
"wait a minute get my good side"
"No really I care about my shareholders, things are just fine"
"Thanks for giving me a minute to put on my business suit, cause I know this is gonna be on the front page"
Greatest picture ever
I am surpised that people are not talking about the interim addtion too globetel of Michael DeCarlo. He could have been hired to help to defend and investigation by the SEC, not just fix the problems. In the latest PR
"His full 28-year career comprises the public accounting and private sectors, principally providing forensic accounting, litigation advisory services, investigations and dispute resolution; auditing of public companies and multi-national businesses; due diligence in connection with mergers, acquisitions and divestitures; and business advisory and consulting services."
Kinda like hiring a lawyer to me. Could get ugly here
RCMP is the po po, other words the police in canada. I think its obvious that they know he is a smily character in my opinion
I was thinking there should be a photoshop contest with the windsor star article picture, but I am not sure anyone here can do a better job than the paper, pricless.
man shareholders bought him a nice range rover, and he didnt even take you guys for a ride in it, just for a ride.
wow real professional PR, man you longs are screwed. now he blames the news paper for not releaseing finacials. This guy is slimy imo
I am surprised the SLJB message blog is not getting tons of messages from happy investors, come on I would love to read some intertaining post.