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Hi,
Um since when would it be diluting? These are preferred convertable to restricted that (according to the NR etc) have no effect or impact on regular common.
They are just trying to drum up some money and maybe down the road your $150 or whatever may be $1500 ? Who knows. A small price/risk to pay in my opinion that doesn't dilute.
BUT maybe I am wrong and/or something has changed. Can anyone expound?
I have 909,090,000 of the preferred shares and I would like to convert for the $150.00.
I called the number from the PR but the phone# below cut off.
Here is the transfer agent's information:
American Heritage Stock Transfer Inc.
4248 Merck Rd
Wilson, NC 27893
USA
Attention: Jason Green
919-827-4118
Does anyone have any information or such regarding this?
I don't want to send the certificate to a bad address with
a check.
GlobeTel:
Are there any pictures/videos forth coming of this past Sunday's tests.
Will a list of attendees be published?
A little history on Mr. Carlos Peralta. These are all old (8-10yrs). Does anyone have anything newer regarding IUSA?
http://sec.edgar-online.com/1999/06/30/14/0000950130-99-003872/Section14.asp
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/65265&EDATE=
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/65265&EDATE=
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/65265&EDATE=
Neal,
Thanks. I did have 90909 common shares.
I believe I still have those as I am under the impression that the 10000 to 1 was a dividend??
So basically they are not worth any thing or are they worth 909090000 x .0004 = 36,000+ ??
Just trying to do some DD and understand what I can and should do.
Was wondering if someone can help me out here.
I received a certificate in the mail that says...
This certifies that XXXXX XXXX is the registered holder of
NINE HUNDERED AND NINE MILLION NINETY THOUSAND
fully paid and non-assessable Preferred Shares having at no par value in the Capital Stock of BLACKOUT MEDIA Corp. transferable only on the books of the Corporation by the registered holder hereof in person of by duly authorized attorney upon surrender of this Certificate properly endorsed.
This Certificate is not valid until countersigned and registered by the Transfer Agent and Registrar of the Corporation.
IN WITNEWSS WHEREOF the Corporation has caused this Certificate to be signed by its duly authorized officer. Date: December 4, 2006.
Can any one help me out here as to what this exactly means? TIA
Are there any pictures available of yesterday's flight?
If so where? If not, how come?
Good news! Let us what the market does to the stock today..
Is that supposed to be Lettuce or Spinach.
What the hell are you talking about?
V, No offense but why are you here?
Shouldn't you be at work working on your new company?
Hold on Crash. Cole makes some very good points.
Pit (#34808) what's crazy now?
PNizzle's post (#34851) if true it verifies a lot of wsdomseker's post (#34705)
I just spoke to Rob. He doesn't understand what all the fuss is about
are you kidding me? I am sure he could appreciate how it looks to an investor like myself? The connections to these people, companies, hedge funds, PR firms and end results or current status?
If there is a rat or rats in the kitchen I for one want to know, if not apologize and move on.
Read the post, the connections are there. If you start looking around at Window Rock you will not be impressed. Same with some of the other affiliations, check into the Vancouver connection, very interesting.
This sure looks like a bunch of the same people involved in bringing these companies SP down. It's too obvious. Also, it is probably very lucrative and currently they probably haven't committed any crimes that I know based on today's laws but IMO if it is true this is criminal!
This isn't about 'bashing' by me or anyone here. This is about fairness, honesty, ethics, morals and MINE AND YOUR HARD EARNED CASH! (Well at least in my case HARD EARNED) I firmly believe in Caveat emptor but I also believe in a fair fight, a level playing field and this isn't it.
As for scared...be a man...give me a break. I have seen so much undeserved harassment here that I would fear for my safety and my families. We are talking about a lot of money.
Go on be anonymous for now until an army can fight an army.
It took me a while but I'm pissed off. Please everyone keep digging. I don't think it stops here. Do a search on MF site for Jayson and Globetel; there are a ton of "reports". Why why why would someone pay so much attention to a small insignificant company.
I don't think this is a conspiracy but surely some folks saw opportunity and have been taking advantage of us. I truly hope Globetel is exonerated and we move forward and the SP moves up and it may be up to honest shareholders to get the ball rolling.
Let's not resort to name calling yet either.
vozbrasil.com and iligue.com.br are not the same company. you could have more subscribers to one than the other.
First off the Carley thing is typical of this board these days. Yeesh. GTE NOT GLOBETEL.
I bring this up because of the irony of the situation.
First you have a post (#34705) complete with links (footnotes) substantiating everything the poster points out and people cry foul (And BTW, I have no intention of selling, but I want to know if there are crooks in the mix that are working in collusion with others to drive this stock down and out. That makes me mad and if anyone else here has bought over the last year+ like I have and are still holding you should be too).
Then some one posts a news release that isn't even about GlobeTel and hardly anyone burps.
wsdomseker was only connecting some dots and also put in their own disclaimer...
4.) As in my "Manipulation" post, "I also am not claiming that this is a definitive, end all, be all scenario. Like any adventure there are many twists and turns. There are many facets to any tale and they are all a part of the whole". 5.) I am not making ANY accusations...I am just presenting the evidence.
There is the response to your comment Rocky.
Thanks that made me laugh for the first time today.
Does anyone know if Jose Jimenez of Medicion Y Control, S.A., Spain is related to Jaime Jimenez, or Thomas J. Jimenez or Reynaldo Y. Jimenez or Reynaldo O. Jimenez ?
In response to Rocky's response. I cannot speak for the author (wsdomseker) but it reads to me as though they want the reader to make up their own mind and is cleverly not accusing anyone directly.
If, and by all accounts to me, what the poster points out is true, and these guys have been making a lot of money, they may go to any lengths to stifle a poster that "pulls back the curtain".
I will contact GlobeTel and inquire. I urge everyone to do so also. The whole thing stinks imo. Byron, Jayson, BONY, Shorts, Hedge Funds, lawyers, PR Firm, Specialist(s), POSTERS.
wsdomseker -> 9-14-15-18-3-15-19-9-1-20-20-22-14-16-16-5
WOW! It is truely amazing that folks aren't up in arms here like I am about this post from wsdomseker #! I have been long (2+yrs) in this company and was new here at one time and have been knocked down by posters, Rocky, moderator's etc. and learned to do my DD and post with links and facts etc. This poster does just that and nobody is upset!!! Am I a fool here? Have my eyes been wide shut? I'm looking for other soldiers here to uncover the truth. This has gone on long enough.
wsdomseker do you have and email address that you can give here?
Get a grip. Stop being in denial. It is true. That's the point. Robert Bleckman's name is on those 'real' PR's. He was affiliated with snakes in all accounts. This is outrageous. I want my money back!
I ask anyone out there to provide us with phone#'s of government officials, reporters, AMEX, SEC, anyone that
we can call to collaborate this story or report on it.
Unbelievable post!! We should all be up in arms! To much of a coincidence now. Contact Robert Bleckman at investor relations on all these companies. Now I'm pissed. What the F*ck! To many similiarities here. I've lost a lot of freaking money.
HEY GLOBETEL I'M COMING AND WANT TO HAVE SOME ANSWERS.
Not bad news, but worthy to know...
This is from a reply to an email to investor relations...
There were some initial delays in regard to the initial orders. But the mini's will be in stores by the end of summer, along with a special promotion with Tower. Thank you for your continued support of Klegg Electronics, Inc.
Investor Relations
Klegg Electronics, Inc.
Ok, it's mid-summer and the Klegg Mini is supposed to be available thru Tower Records. How come I can't find it on www.towerrecords.com ?
Come on Klegg. I'm an investor in this company. Why isn't is on there?
Sure seems like the 'shorts' are driving it down as news will probably hit soon.
This is a Department of Defense computer system. This computer system, including all related equipment, networks, and network devices (specifically including Internet access) are provided only for authorized U.S. Government use. DoD computer systems may be monitored for all lawful purposes, including to ensure that their use is authorized, for management of the system, to facilitate protection against unauthorized access, and to verify security procedures, survivability, and operational security. Monitoring includes active attacks by authorized DoD entities to test or verify the security of this system. During monitoring, information may be examined, recorded, copied, and used for authorized purposes. All information, including personal information, placed or sent over this system may be monitored. Use of this DoD computer system, authorized or unauthorized, constitutes consent to monitoring of this system. Unauthorized use may subject you to criminal prosecution. Evidence of unauthorized use collected during monitoring may be used for administrative, criminal, or other adverse action. Use of this system constitutes consent to monitoring for these purposes.
IAW IC 99-1 TO AFI 33-129, TRANSMISSION OF INFORMATION VIA THE INTERNET, dated 1 Aug 99
Although your intentions may seem good why would you post something that was/is obviously not for public consumption? Don't the words "FOR OFFICIAL USE ONLY" mean anything?
What if it is information like this that helps our enemies understand future possible projects? Why would you post this link????? Maybe the FBI would be interested? Oh and that Sanswire photo - it looks like someone added it afterward imo.
Justfranks please delete that post -> 33618 !!!!
Folks, don't forget that Seth Jayson reads these posts and other investor boards. He has alluded to many things said here in his blots. The site is column fodder for these jokers.
Somebody earlier said "don't sell stay long". I say buy, buy, buy these prices are great, averaging down is a good thing.
In spite of so many set backs GTE is still here.
Please everyone do not respond to the "Fool". He is attacking someone for credibility where he has none either.
Just ignore him and he will go away.
First I think everyone needs to get a grip and maybe not be so emotional. (That being said I've lost thousands on paper too).
It would make sense that someone, i.e. the source, (at GTE?) put out the info to this (non-bashing) reporter so that investors had a little heads as to what was going on. And maybe therefore, as a side bonus, to stop calling the IR number and ask what is going on and let them figure it out and iron it out and once they do they will report on it.
It probably is just that; yesterday's NR of another missed deadline, plus the lawsuits, plus the Russian announcement and subsequent cancellation, the AMEX needs to stop trading and ask what's going on. Sounds fair to me and actually it seems like a good thing for us investors.
I would guess we will find out tomorrow.
Vern,
Thanks, the most reasonable post I've read in many many many months. The sensibility is something greatly lacking here as of late. What you said makes perfect sense. Good luck to you.
I didn't hear these questions answered. Did any one else and if so can you be so kind as to reply to them? Thanks
Number# of subscribers of VozBrasil to date?
Number# of subscribers of iLigue.com.br to date?
Highest successful altitude test of Sanswire II to date?
Centerline revenue by month for 2006? (Gross or Net)
Potential US Partnerships?
What, when and where is the next StrateVoIP platform program?
Currently how many employees are on the payroll for Globetel?
DoctorS. My mind is open. A couple responses...
They ALL believe in Huff's vision
I whole heartedly disagree. I've mentioned recently, gamblers vs. investors lurk here and complain. I didn't sign up for the board because it lets me complain or read complaints. Vent your frustrations on the golf course.
many of those loyal GTE shareholders have seen much of their investment erode away, and to some, it could lead them to financial difficulties, if not ruin if things get worse
That is me also to a tee. Am I frustrated, worried, concerned on an emotional roller coaster? YES! But I don't feel it is productive to constantly post negatives.
I wish I was at the meeting. I would of asked "how would GTE management prefer iHubbers to behave in face of this current situation? Call the office all day, post negative all day, email IR, BOD, CEO ?" I am sure glad there are watch dog posters and such but reading 300 posts a day where by 3-7 have something to say is not a good percentage. None of it helps MY INVESTMENT imho.
I appreciate your response and candor. Take care.
This board has a sickness imho. It's been growing for some time now imo. Does everyone here want this board to turn into the one on raging bull? We are not management here. Why do people post like other posters have the answers or are management? Why do people feel the need to use the board as a whipping post? I really really really have to bite my tongue when responding for fear of being rude. So many sound like spoiled kids (not talking about the last post, just in general). It's the 'I want a pony' crowd lately. I am invested in a company (not a stock) and I personally want to come here and find out some 'real' information not necessarily speculation or bashing or such. The header board 'was' the best thing and still is. Such a shame.
Still gives them 9 days though.
Good post from the Klegg Electronics board. Hope the author doesn't mind the repost here.
**************************************************
Posted by: alliecorp
In reply to: IVXX who wrote msg# 414 Date:6/20/2006 8:02:54 PM
Post #415 of 415
**************************************************
I will repost a summary done by someone on a board here, that many have already seen and then you can use this site to answer a lot of other trading questions, including ones about MM's...
http://www.investopedia.com/terms/m/marketmaker.asp
Hope it helps.
TOP 5 IMPORTANT MMs or wholesalers/retail (typically out of dilution):
NITE, GVRC SCHB, TDCM, GNET
Examples of wholesalers: HRZG, MASH, NITE, SHWD
Examples of ECNs: ARCA, BRUT, BTRD, INCA, ISLD, REDI
Top Dilutors (retailers): ACAP, AGIS, BAMM, BMIC, CHIG, CLYP, FANC, FRAN, JIMK, MAYF, PERT, SACM, UCAP, VERT, VFIN
Miscellaneous Notes
NITE - doesn’t dilute usually, unless someone is selling through him.
MM’s know people are intimated by NITE so they use that to their advantage.
That’s why NITE is the shaker he scares folks out. So don’t get discouraged if
you see NITE on ask all the time. he could be leading a dip or something. he is
scaring sellers to his buddies TDCM, and SCHB on bids a lot of times.
Retailers you want bidding like TDCM
Big Shorters
JIMK - he seems like he is always short. Usually on those low vol. stocks
POND - is big shorter also
GNET is ARCA - anyone can use him, even other MMs because it’s an ECN.
TRAC & DATA - biggest OTCBB ECNs, you love them on bids also
Monthly share volume report is indicating the MMs and how many shares they bought/sold (it is a month delayed)
Important (on Level II)
1. to see who the players are
2. and who to watch for
Axes basically is main MM that is either supporting the bid or opposite (hitting the ask).It is the party who seems to be controlling the action in the stock.
Also when a stock is dumping S-8 shares he will be consistent on the ask. Once he jumps and starts supporting bid => S-8 close to being over => MM movement is big.The ax isn't always trading the stock in one direction or another. Sometime he is keeping it in a tight range. And sometime he is not there at all. Another ax may step forward, but there are times where there is no ax present doing anything of note.The point is the ax is the one to watch, closer than all other parties or MM’s.
When you learn to trade with the ax your odds greatly increase.
So how do we find the ax????????
The best way to find the ax is through familiarity of the stock. By taking the time to watch the stock trade via Level II the ax will usually become quite apparent. But since we want info now and not wait days to find out there’s a shortcut. It's no substitute for watching the action, but it can at least give you a lead on a few parties to watch closer than others or MMs. Key = Monthly Share Report!
Generally look at the top 3-6 spots on the report. I tend not to count wholesalers at all as market makers. I also don't count ECNs as any number of players can use an ECN (TRAC, DATA). I will also throw out retail ECNs like GVRC for similar reasons as just mentioned, and also since most of the traffic is retail. We are getting rid of unnecessary MMs. Plainly it just doesn't happen where a little guy is going to control a stock. So that’s why we narrow selection.
One, the ax is not static. On any given day any party can be an ax. Heck, there may be one ax in the morning and another in the afternoon and neither of them could be listed in the top ten of the monthly share volume report. If a big order comes onto the trading desk of a firm that doesn't do big volume in a certain name the firm will need to work that order. And if no one else is doing anything of consequence in the stock this new party will command the action.
An ax can easily use an ECN to hide much of their action. They can and will use fake outs.
IMPORTANT:
Keeping a keen eye on Level II will reveal these things.
Monthly Share Reports and Level II patters are the key.
Watch the Level II and they use monthly share volume for confirmation.
Example of an ax who is selling:
When the market is rallying, the stock has a hard time moving higher, seemingly hitting a wall every time. And every time the wall seems to have the same initials and yet, when the strength subsides, the stock has no trouble falling. And funny enough, the ax seems to be following the stock down. That’s where Level II comes into play. You have now found the missing link per se. You can see around the corner and start to see patterns.
MM AX is on ask - it means he is driving price down - not good for us because we are buying and not shorting the stock (can’t short OTCBB).
Example of MM supporting PPS stock northward:
Let’s say that a stock (shell) has been lying quietly at $.25 bid $.50 offered. A limit order comes into one of the MMs to buy at $.50 for a thousand shares. Prior to this trade that MM may be "flat" (neither long nor short any shares). He fills the order and is now short 1,000 shares. He may raise his bid hoping to find a seller to "flatten" out his position. But before he realizes it a wave of buyers have come in and cleared out all the $.50 offers. Now the stock is $.50 bid .75 offered. Here comes that "Big" firm he just sold the 1,000 shares to at .50 with another bid for 1000 at .75. He makes this print. Now he is short 2,000 at an average of .625. The market keeps moving and now its .75 bid 1.00 offered. Now he has to make a decision. Just like investors, MM Hate to take a loss. So 9 times out of 10 he will now sell 2000 at 1.00 making him short 4000 but with an average .81. At this time he would love to see a seller at .75 so he can cover his short and make a few but i nstead the market keeps moving up. Now it is 1.00 to 1.25 and here comes the buyer again at 1.25. He doesn't want to lose the call so now he needs to sell 4,000 at 1.25 to keep his break even point above the bid. Now he is short 8,000. Market moves up to 1.25 bid 1.50 offer here comes the buyer now he feels he must sell 8000 here because "stocks don't go up forever". Now he is short 16,000. And so on and so on. If the stock keeps moving up, before he realizes it he could be short 50k or 100k shares (depending how big his bank is). Finally the market closes for the day and on paper he may look all right in that his "break even" price may be around the closing price. But now he has to figure out how to entice sellers so he can cover this short. It is important to note that if this happened to one MM it has probably happened to most all of them.
IMPORTANT
Some ways MM's entice sellers:
1. Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread. Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight spread.
2. Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon. Hopefully, after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will materialize thinking that the game is over. Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short. They Short More. They usually try to cover after the frenzy is out of the market. There are many other techniques they use but the above are the most popular.
These techniques work about 9 times out of 10 particularly in a BB market. However, that is because 9 out of 10 BB stocks are BS. Remember what I said above. Most MM's don't have a clue as to the value of a Company until they get trapped.
Example:
The ax seems to be following the stock down. Ax is killing stock on ask.
Question: If this behavior is recognized what would be the appropriate course of action? Going long the declines or selling the rallies?
Answer: selling the rallies. Since we can’t on OTCBB and Upside is limited every time the stock tries to advance. Instead of trading against the ax and hoping that the buyers will overwhelm him, it is much smarter to sell with the ax and watch the stock fall as buyers pull away. Hence you would short it. The only kind of buying which should be going on is the covering of short positions as necessary. Work with the ax to your advantage.
Example: RWNT (trying to find dilutor):
Input RWNT into monthly share report. Remember focus on top 3 -6 spots. Don’t count wholesalers. VERT is the dilutor.
Explanation: Look at April. Then look at May. Nothing in April. Then he dumped 57mil shares in May. You can even go back to March and he wasn’t even a listed MM. So he came on in April and then he started his selling.
Keep in mind that RWNT is extreme and you’re not always going to see that.
S-8:
S-8’s - you need to read filings and see exactly what they are for some s-8's actually aren't bad some are employee stock options etc.
MM can remain on the ask for months, however long it takes to fulfill S-8 shares. They don't care what price they get.
S-8's are great tools to watch and learn how an ax works once that seller steps off ask and starts supporting bid = boom. Usually want to buy a little before s-8 is complete because then you can accumulate more shares.
When S-8 is over - the seller you have been spotting for weeks, days, months will leave the ask and start supporting the bid. You will see a lot of market maker shifting as well as MM's need to get ready for stock to reverse into opposite direction.
Example of dilution:
On some dilution is smart like ONEV. For example BMIC was diluting ONEV big time, but he did it right and it still ran hard with him selling the whole way up check out BMIC monthly share report on ONEV. April – BMIC wasn’t there, same with PERT and UCAP.
Example: WNMI (finding an ax):
Apply process of elimination. You will see in Feb. CHIG and UCAP weren’t there.
The run started late march. Remember this is month behind (delayed) => reason we go back a month also another good idea to get more DD out of who is diluting check s-8’s, sb2's fillings, then look at chart before the stock broke out notice who was soaking more shares than others this. Remember little MMs don’t worry about, they won’t control stock and that’s the reason why we eliminate them (volume will blow them away)
There was also CD's (convertible debentures) out on WNMI before that u want to look for these also.
I prefer to call them gambler's not investors or traders. do you like the company, the stock or both? As low has said, good company bad stock, good stock? bad company.
So what do you these guys would you have done differently given all the same tools, timelines, lawsuits, bad press, etc.
I would like to hear specifics.
One last thing for the day.
To all the negative posters out there... the shareholder's meeting is scam. Don't buy a ticket and go. It's just a plan to make the hotel a little money. It won't even happen.
Ha ha ha ha. Cracked myself up, a little Foghorn Leghorn action.
Sorry everybody, I couldn't resist. Just amusing myself. THE ABOVE IS FALSE but that's how I feel about the nay-sayers.
Justfranks, Grapes... Thanks for all the moderating and BS you've had to put up with. Good luck with today! Safe travels if going to the SHM all.
Justfranks, Grapes... Thanks for all the moderating and BS you've had to put up with. Good luck with today! I gotta sign off as 98% of the posts are crap. Safe travels if going to the SHM.
CAUTION - Welcome but seems odd that you just joined yesterday and now ask this question. Do some digging you'll find info.
Symphyl, awesome work! That's what I was talking about. I was pretty sure ;>) Globetel had done their homework as you have just affirmed. Great post, it should go up on the Globetel website. I love the connection to the Logo. Nice work. I hope you are really more relaxed but more excited. It really starts to get you juiced up when it falls into place like you outlined. The possibilites are endless and the major telco's are going to be freakn.
Sounds like you know more than the rest of us and as much as Huff and company did re: Russian deal. Please share your inside information on all the details of the Russian deal that you knew and how you came to the foregone conclusion in your post. Ridiculous opinion I say. None of us know what was going on, pure speculation and there is no production in speculation at this point; it just sounds like bashing to me.