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Bill, I agree with your sentiments regarding outsourcing the production of Hotzone units to Uli(and him getting rich at the same time). This is something Flextronics have been doing for years for the Mobile phone vendor industry
..but I sincerely hope there is an exclusivity deal between GTEL and Uli' company - i.e Uli cannot produce the units for a.n.other operator who may want to compete with Globetel - so I hope Uli (Trimax) is only manufacturing the hardware (under licence from GTEL - i.e the Hardware/Software Intellectual Property resides with GTEL.
schnizzle
May be I've lost the plot here...but can someone answer this
1. Is Trimax a 're-branded' Hotzone for marketing in certain markets?
2. Assuming GTEM owns the Intellectual Property Rights to Hotzone, then has Uli Altvater 'ripped off' Hotzone hardware/software (and called it Trimax to compete against GTEM)
or...
2. Is Trimax developed under licence with GTEL agreement?
schnizzle
Mining the moon for Helium 3 - it's the next big thing I hear
seriously though....I do not want Peralta to acquire GTEM for pennies..I too would like to see $10 during my lifetime
schnizzle
I think he's a sharper cookie than people give him credit for.
A CEO he was NOT...but as a Networks Engineer myself I admire him for having the b*lls to set in motion what he did - I still believe the strat figures in the longer term as well.
The incumbent vendors across the US and Europe (Nortel, Lucent, Alcatel, Ericsson, Nokia, Cisco) have there nice little business models with your Verizons, Deutsche Telekoms, British Telecoms etc, nicely sewn up...
but Peralta has seen the opportunity to establish a far cheaper Wireless Broadband proposition built on Hotzone that will undoubedly bring earlier payback and bigger profits, had he jumped into bed with your usual vendors. A riskier venture it is, but Peralta is obviously comfortable with the outcome of the pilot and the wider DD he and his team have done on GTEL.
For me I'll now wait and see - the all clear from SEC would do it right now
schnizzle
Taking the pragmatic view, for No Mas Cables to succeed it needs to rollout and successfully integrate the following:-
1. an extensive radio access network (Hotzone Wifi cloud)
2. negotiate the integration of the radio access network with Fibre Carriers and establish connectivity to Internet PoPs.
3. Oversee the build out of an extensive WiMAX Metro Backhaul Network (and even integrate with the Strat later..you bet!)
4. Integrate the access network with the core network systems including authentication, DNS, billing and value added service platforms
Ask yourself, who else has the technical competence to oversee all this happens for No Mas??
Huff will be installed as CTO/COO (IMO)
schnizzle
In due course Huff will be installed with a Senior Exec position either with
No MAS Cables De Mexico SA de CV
or
VPN De Mexico SA de CV
I'll bet my house on it!! He's gone from GTEL, but that's all
schnizzle
I just choked on my coffee - would you care to reconsider that statement.
The whole world of telecoms is moving to next generation 'always on' internet
schnizzle
I tend to believe the SEC has finished it's investigation of GTEL - no CFO, no independant auditors, no CTO (all information has gone across to the SEC).
Are we looking at a fine and financial restatements - most probably.
I think we will survive (and that is purely down to Peralta). The crown jewels are stratellite and Hotzone . Centerline is irrelevant in the scheme of things as far as the Mexico JV is concerned.
The biggest (and only) saving factor here is the Peralta endorsement of Hotzone and the committment to roll out Wireless Broadband in Mexico.
The JV will take us onwards and upwards from here (IMO). Thank our lucky stars there are no indebted bondholders to strip our shares from us
schnizzle
Design mean't WE (as in GTEL). I would welcome an appropriately worded shareholder update from Bleckman right now.
schnizzle
a good document Rocky!!! Far better than trawling for hours thru www.sec.gov
I question why Robert Bleckman has negated to keep shareholders informed of the SEC investigation progress since he first went public back in Oct 06. It is also worrying that we are without a CFO (since DeCarlo left) and 2 sets of Independant Auditors (McKean, Paul, Chrycy, Fletcher & Co ; AND Dohan and Company) have been 'let go'.
The BoD is either done with giving the SEC all the information requested and has come out of this unscathed (or relatively unscathed) - or flip side of course is that we are screwed big time, waiting for the litigation notice. I have been searching for one of those on sec.gov regularly
I tend to believe consummation of the JV with Peralta would NOT have happened unless the BoD sensed a positive SEC outcome. Perhaps DeCarlo and McKean & Co have served their purposes diligently. Of course I may be totally wrong, but I'd rather know at lot sooner than the 2 to 3 years this investigation could take!!
schnizzle
well put Sirius - I don't need 'saving' either. I invested 6 figures in this - to me it was always a speculative bet. I am happy to watch this play out win or lose
The stock can only go up from here IMO - but that's not gonna happen til the SEC is finished with us. I find it ironic that an entity like the SEC, which is supposedly there to protect the shareholder, is IMO stifling GTEM's growth at this point.
It is wrong that after 7 months our SEC 'saviours' haven't swung the sword or given the company the all clear
schnizzle
A minor observation also...but am I the only one who prefers the new corporate logo and typeset?
schnizzle
I agree - it looks great
I actually think 'this one' is going to happen
schnizzle
thanks for your take - As a Brit, I really haven't got a clue about the US judicial process in this area
schnizzle
risk_it - If you don't think it'll go to jury, then what is the likely 'way out' of this for GTEM....
who gets offered what?
schnizzle
It's like a parking ticket risk_it...the bill probably got lost behind Cindy's filing cabinet.
If GTEM didn't have the cash to sustain operations (and considerably more than $1500 in the bank), then I don't think todays announcement with No Pas Cables de Mexico would have been made.
I think this is trivial in the overall scheme of things - and not a reflection of the company' financial position
schnizzle
hope your right - but I think there is more to it...and it's to do with CONTROL of the company
IMO...
1. the street wants GTEM to come begging to do a financing deal
2. if GTEM is forced to do a debt financing deal with the Bondholders to survive, then the bondholders stand to gain greater control of the company thru issuance of preferance shares. Even better for them if Hotzone & Strat are commercially viable (I think they are/will be). Should the company be forced into Chapter 11, then it is usual for retail to get wiped out and the creditors get all the new stock
However, at the moment one hopes GTEM is holding it's head above water . Question is whether the No Mas Cable de Mexico rollout for 250000 subscribers is fully funded by Peralta and GTEM in order to establish sufficient revenue earning operations to become EBITDA positive
If GTEM can pull this off, then I think that would be a clear '1 finger salute' to the sharks on the street.
schnizzle
Pesonally IMO I don't think we'll see the PPS go anywhere until the SEC investigation is concluded...
look back 18 months when the Russian story broke - we were at $4.00 and 2,000,000 plus volume.
This latest confirmation of the JV consummation with the Peralta family can't even break $0.32 dollars and has done little for the volume (a mediocre 200k)
Says it all really doesn't it! The money men aren't interested in 'anything' GTEM is doing at the moment
schnizzle
Perhaps this is one of Monterosso's 'other' businesses. http://search.cityguide.aol.com/richlandwa/restaurants/monterossos-italian-rstrnt/v-111643073
I wish I could laugh, but at this point I consider my GTEM investment all but written off.
No CFO and only Kostro, Khoury and Leinwand left on the BoD. Is this posturing for a takeover perhaps! Who knows - this company has more 'smoke and mirrors' than a Copperfield magic show
still...I'll hold till the bitter end
schnizzle
It's also here:-
http://www.otcbb.com/asp/Info_Center.asp
schnizzle
it's coming back to me now, I'm sure it was one of your posts back late last year!!
- are you expecting some serious price action (either way) on the 22nd day of March?
schnizzle
nerd - do you (or does anybody else know on this board) know when the briefs/presentations are due to take place.
I recall someone onetime mentioning March 23...?
schnizzle
hhhm...let's think about this!!
your quote in part "....do this type of pr'ing. It was going to be ACTION then WORDS"
Okay let's fast forward one week....I guess what your saying Risk_it is GTEM should PR something like this..
"Globetel is pleased to announce the successful completion of a 2nd 'float test' of it's San2A technology demonstrator last Sunday 4th March which proved the integrity of the onboard avionics and flight control systems. However, we sincerely apologise to "a number of parties interested in our airship development process, including the Stratellite(tm), whom we did NOT invite to view the testing and demonstrations, as we do not have a viable product and we do not want you to invest in our unique company. We also do not anticipate discussing with you the strides that Doug Murch and his team have made in bringing this project along from its concept stage, and in what the future doesn't really hold for our airship products"
Your agenda is all too clear to me risk_it. GTEM is damned if they do and damned if they don't.
schnizzle
Agreed - what an opportunity!!
Reduced customer aquisition costs from the outset, bad credit risks etc
schnizzle
Montanar
What you point out regarding comparing 'apples with organges' (whatever they are...lol no offence) is entirely correct.
Germany is indeed a different ball game to Mexico - mature market versus an emerging market.
I thought I had made that clear....but I had downed more than a few beers when I wrote the post.
It would be good to get an update on Germany - basestations can't sit on rooftops without the landlords being paid the site aquisition rental...so on that note alone is their sufficient revenue being generated to cover the operating costs or will the network be quietly mothballed?
schnizzle
To me the GTEM strategy is to build out 'small' Metro AREA sized hotzone networks to ascertain subscriber interest - pilots if you like, to test local Metro markets interest and uptake.
If there is subscriber interest, after the existing incumbent GSM/UMTS players and other WiFi Operators are factored in for the GTEM Network then, expansion will follow..
Unfortunately, to me (IMO) it seems Germany is a failure (otherwise we would have heard) - there is no subscriber interest in GTEM' pilot network to fund further expansion....GTEM has probably not attracted significant subscriber interest to justify a wider rollout. This is hardly surprising considering the presence of D2 Vodafone & T-Mobile and thier established National penetration of GPRS and UMTS + Deutsche Telecom as the dominant 'wireline' broadband provider
However, the future for Mexico seems brighter, for there is less competition from the incumbents. One needs to question the presence of the existing 'wireline' Broadband Provider's network + plus the presence of the Mobile operators GPRS/UMTS Networks. Where there is a gap..is where GTEM fits
Peralta knows this......he's done his DD in terms of market analysis and knows GTEM 'serves a purpose'. Let's conlude the JV and get the money rolling in. The GTEM Network will sell itself..as it will fill a void. Rollout speed is key...as Mexico's incumbents won't be caught off guard for long. They'll be looking to infill their coverage like nobody's business asap.
GTEM's handicap right now is lack of an aggressive marketing strategy to generate awareness and subscriber intereest in their present territories. A doubled edged sword considering the current cashflow situation...
schnizzle
on the basis that the Broward Palm Beach New Times edition is a publication, then Kelly's article was in print in the early hours this morning (I assume) in order to appear on the shelves 9am this morning.
I mean Kelly's article could hardly have appeared today after the GTEM PR could it? and I suggest NOT having the intended NEGATIVE impact had it appeared in a later edition.
Again as stated previously - IMO
schnizzle
ERR - Are you otherwise implying GTEM released the PR to counteract Kelly's bash.
I suggest Kelly 'threw the first stone' knowing a POSITIVE PR from GTEM was imminent. All these Press and Newswire PR types share the same bed - Kelly new this was coming IMO
schnizzle
Amazing isn't it...nothing in the 'hack press' for months and months regarding GTEM..
until the moment we announce a majorly significant plan for a tie up with one of the richest (and respected) families in Mexico -
AND WHAT happens? - AN ABSOLUTELY PERFECTLY TIMED 'NEGATIVE' RELEASE FROM ANOTHER WANNABEE BYRON TYPE.
Smells like a 'well orchestrated and planned bash' - which ONLY convinces me even more to HOLD my bag
SCHNIZZLE
Well I'm NOT selling either
Because....
http://www.3g.co.uk/
http://www.4g.co.uk/PR2004/July2004/2029.htm
The GTEM business model is still valid..
there is NO doubt GTEM will break out eventually..
stock is HEAVILY MANIPULATED right now (IMOP)
good luck
schnizzle
...But what would I know working for British Telecom NGN
For those of you who maybe waning...Do Not Lose Sight of This:-
http://www.4g.co.uk/PR2004/June2004/2027.htm
IT STILL REMAINS VALID
schnizzle
BEng (Hons) CEng MIEE MIET CCDP (Cisco)
$2Billion..is that all....Why Not More...
A wireless success story to consider.....look at the history of Alamosa Holdings!! Who are they you may ask??
Founded in 1998 with a market cap less than $50million, APCS grew to became the largest Sprint PCS affiliate within 5 years with a subscriber base of 1.5 million customers. SPRINT NEXTEL paid $4.3Billion for APCS in Q1 2006
Now consider a GTEM JV with the Peraltas in Mexico with an un-tapped Wireless Broadband subsciber base which dwarfs the 1.5mil Alamosa had.
Doesn't seem so un-realistic for GTEM to be worth $2Billion and more after all does it?
schnizzle
To me it also means...
that the Peralta family see GTEM has value in it's product offering(s), and that GTEM is in fact NOT a scam, as some have continued to portray.
This latest announcement alone for me is a reputable endorsement...I hope the follow-up binding contract is around the corner and NOT dependant on the SEC outcome.
IMO, I don't feel Mr Peralta is too deterred by the SEC 'black cloud' that has been hanging over us....otherwise why make the announcment?
This Mexican deal is very different to the Internafta story..given that everyone knows the Peralta track record for achieving success.
All in all I feel moderately up-beat....for a change
schnizzle
Matt - are these bans permanent. I fully support your decision to ban those grossly named and offensive characters who endeavour to degenerate this board's content.
But Cole & Crashtest?
schnizzle
US Wireless National Safety Network
An interesting article:-
http://news.bbc.co.uk/1/hi/technology/6199449.stm
A brilliant cost effective application for the strat
schnizzle
IMO GTEM obviously feel the case against them is weak and the whole nasty affair can be resolved in under an hour
looks promising
schnizzle
Undoubtedly, more good things will come....a Mexican announcement before end 2006 will certainly do it for me!
IMO now that GTEM have demonstrated a prototype 'strat' with integrated Hotzone, Optical and control sub-systems etc is no longer a pipe dream, then this goes a long way to undermining the pending 'class actions'. GTEM is certainly not the paper shell the bashers will have you believe
Amex throwing us off their exchange for their own dubious reasons, by default caused the spectre of the SEC investigation...but it seems Khoury and Kostro have come out fighting (good for us). My hope now is there isn't a case to answer with the SEC.....Once that concludes favorably we should see some big backing
schnizzle
Penny, my point as well - the quality of the camera is somewhat irrelevant. GTEM were simply proving the concept and demonstrating telemetry capabilities.
I didn't think (nor did I expect) that they would strap a $50k 'long range' Insurgent Tracker or 'space shuttle tracker' optical system aboard for a test flight height of 100ft
schnizzle
Risk_it
With all this successful in and out trading you do - how do you find the time for your cop job?
schnizzle
Looks like we've got more than a barebones strat afterall....
...The 2A will ascend into the air with the flight computer, navigation and telemetry systems, propulsion system with special low altitude propellers to be used for initial flight tests, avionics suite, automated fly by wire electro servo actuated flight control system, back up power systems, antenna suite for GPS and iridium satellite uplink system and the ground control/monitoring station and tether system. In addition the HotZone 4010 will be installed, giving a bird's eye view "hotspot" in the sky featuring the HotZone's combination WiFi/WiMax/VoIP via DECT all in one communications suite solution.
It's everything I could have hoped for....and more!. Will be over the moon if the tests go good this week
schnizzle