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AD,
I agree with the previous poster, and I also wonder whether the email with the 2 attachments is still in the Outbox and if Outlook is attempting to send it each and every time you click Send/Receive. If so, you may want to try moving that message from your Outbox to some other folder (Drafts?) then try again to Send/Receive. If it works OK then, then maybe you're running up against a max-size-for-sending issue. Or, if you're using a dial-up connection, it just may be taking that long to send. If a max-size-for-sending issue, then that can probably be resolved in Outlook's settings (I use Outlook Express, so I'm not sure where Outlook does it, but there is an option to break apart messages larger than X (you choose) Kb in size. For OE, it is in Tools>Accounts>Properties>Advanced) The email program then breaks apart the message into mailable chunks, then the recipient's email client "reasssembles" it on the receiving end. Check Outlook's Help file for details.
Good luck.
I'm showing trading on other Amex stocks. eom
S'pose we're involved in this?...
(This is strictly a rhetorical question; I have absolutely no basis for implying any connection. It just intrigued me)
http://www.spacewar.com/reports/Raytheons_Project_Athena_Successful.html
[excerpt]
The Athena integrated C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) and sensor system was rapidly fielded to support the U.S. Customs and Border Protection (CBP) Rio Grande Sector and 14 other interagency partners.
I wonder if this announcement is a tactic to counter the "class action suit"? In other words, "Hey...what are you talking about? We kept shareholders informed. As soon as we determined default on the part of Internafta we put out a PR to that effect. Where's the deception you allege?"
Whatever became of Socal_Helix? (more)
http://www.investorshub.com/boards/profile.asp?user=55736
Ssshhhhhhh!!
2nd PR: BSNS WIRE) GlobeTel Communications' COO Lawrence Lynch's Expanded Role to In
lude Chief Financial Officer Responsibilities
GlobeTel Communications' COO Lawrence Lynch's Expanded Role to Include Chief Fin
ncial Officer Responsibilities
Business Editors / High-Tech Editors
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--April 10, 2006--
GlobeTel Communications Corp. (AMEX:GTE) announced that
Chief Operating Officer Lawrence Lynch has been appointed acting Chief
Financial Officer, succeeding Thomas Jimenez who has retired for
health reasons. Mr. Lynch will continue his responsibilities as Chief
Operating Officer during this period, although it is the company's
intention to appoint an equally accomplished professional to the
permanent CFO position as soon as the recruiting process can be
comfortably completed.
Mr. Lynch, former Chief Financial Officer for First Data
Corporation - Latin America, has over 25 years experience in
accounting, banking and card-related products. He began his career as
an officer for the Irving Trust Company (now Bank of New York) and
later as a Vice President of Security Pacific National Trust Company.
In addition, Mr. Lynch has owned and operated several successful
"acquiring-and-issuing" card companies in the United States and in
Mexico. Mr. Lynch has a Bachelor of Science degree in Economics from
Hofstra University, New York and an MBA from Adelphi University, New
York. His significant international experience, coupled with his
operational, financial and strategic planning capabilities are very
beneficial to GlobeTel as it expands its presence in foreign markets.
Mr. Lynch, his wife and seven children call South Florida home.
Timothy Huff, GlobeTel's Chief Executive Officer stated, "I would
like to thank Tom Jimenez for nearly seven years of service to our
Company. He's been instrumental in helping forge the future of the
Company and getting us to where we are today. He has been a valuable
asset and will be missed. We all wish him the very best as he manages
the new set of challenges in his life."
Mr. Huff continued, "Larry Lynch's range of competencies is
impressive. He has been a dynamic Chief Operating Officer since
joining us almost two years ago. He has been a highly successful CFO
at a major international financial services company and fully
understands the complexities of today's public accounting environment.
We're very comfortable with Larry assuming the duties of CFO until
we're able to identify a suitable long term Chief Financial Officer."
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated
suite of telecommunications products and services, leveraging its
advances in Stored Value, VOIP and Wireless Access technologies.
Individually, each of GlobeTel's five business units function as
distinct, strong stand-alone entities: Together they form a powerful
alliance of human talent and technological innovation resulting in the
SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform
and products enabling simpler, cheaper transmission of voice, data and
money. GlobeTel has historically focused its business development on
markets outside of the United States. Current and pending operations
exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit: www.globetel.net.
Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast,"
"project," "intend," "expect" "should," "would," and similar
expressions and all statements, which are not historical facts, are
intended to identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors which could cause the Company's actual
results, performance (finance or operating) or achievements to differ
from future results, performance (financing and operating) or
achievements expressed or implied by such forward-looking statements.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY NETWORKS TELECOMMUNICATIONS PERSONNEL PRODUCT/SERVI
E
SOURCE: GlobeTel Communications Corp.
CONTACT INFORMATION:
GlobeTel Communications Corp.
Director of Investor Relations
Robert Bleckman, 954-775-1427
*** end of story ***
2nd PR: (BSNS WIRE) GlobeTel Communications' COO Lawrence Lynch's Expanded Role to In
lude Chief Financial Officer Responsibilities
GlobeTel Communications' COO Lawrence Lynch's Expanded Role to Include Chief Fin
ncial Officer Responsibilities
Business Editors / High-Tech Editors
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--April 10, 2006--
GlobeTel Communications Corp. (AMEX:GTE) announced that
Chief Operating Officer Lawrence Lynch has been appointed acting Chief
Financial Officer, succeeding Thomas Jimenez who has retired for
health reasons. Mr. Lynch will continue his responsibilities as Chief
Operating Officer during this period, although it is the company's
intention to appoint an equally accomplished professional to the
permanent CFO position as soon as the recruiting process can be
comfortably completed.
Mr. Lynch, former Chief Financial Officer for First Data
Corporation - Latin America, has over 25 years experience in
accounting, banking and card-related products. He began his career as
an officer for the Irving Trust Company (now Bank of New York) and
later as a Vice President of Security Pacific National Trust Company.
In addition, Mr. Lynch has owned and operated several successful
"acquiring-and-issuing" card companies in the United States and in
Mexico. Mr. Lynch has a Bachelor of Science degree in Economics from
Hofstra University, New York and an MBA from Adelphi University, New
York. His significant international experience, coupled with his
operational, financial and strategic planning capabilities are very
beneficial to GlobeTel as it expands its presence in foreign markets.
Mr. Lynch, his wife and seven children call South Florida home.
Timothy Huff, GlobeTel's Chief Executive Officer stated, "I would
like to thank Tom Jimenez for nearly seven years of service to our
Company. He's been instrumental in helping forge the future of the
Company and getting us to where we are today. He has been a valuable
asset and will be missed. We all wish him the very best as he manages
the new set of challenges in his life."
Mr. Huff continued, "Larry Lynch's range of competencies is
impressive. He has been a dynamic Chief Operating Officer since
joining us almost two years ago. He has been a highly successful CFO
at a major international financial services company and fully
understands the complexities of today's public accounting environment.
We're very comfortable with Larry assuming the duties of CFO until
we're able to identify a suitable long term Chief Financial Officer."
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated
suite of telecommunications products and services, leveraging its
advances in Stored Value, VOIP and Wireless Access technologies.
Individually, each of GlobeTel's five business units function as
distinct, strong stand-alone entities: Together they form a powerful
alliance of human talent and technological innovation resulting in the
SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform
and products enabling simpler, cheaper transmission of voice, data and
money. GlobeTel has historically focused its business development on
markets outside of the United States. Current and pending operations
exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit: www.globetel.net.
Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast,"
"project," "intend," "expect" "should," "would," and similar
expressions and all statements, which are not historical facts, are
intended to identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors which could cause the Company's actual
results, performance (finance or operating) or achievements to differ
from future results, performance (financing and operating) or
achievements expressed or implied by such forward-looking statements.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY NETWORKS TELECOMMUNICATIONS PERSONNEL PRODUCT/SERVI
E
SOURCE: GlobeTel Communications Corp.
CONTACT INFORMATION:
GlobeTel Communications Corp.
Director of Investor Relations
Robert Bleckman, 954-775-1427
*** end of story ***
NEWS: (BSNS WIRE) GlobeTel Board Sets Performance Objectives for 2006
GlobeTel Board Sets Performance Objectives for 2006
Business Editors
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--April 10, 2006--
GlobeTel Communications Corp. (AMEX:GTE) today announced
that CEO Timothy Huff and the Board of Directors have entered into a
performance agreement setting forth certain goals and achievements
that Mr. Huff is tasked with achieving during the current year.
The Board has determined that, at this stage in GlobeTel's
development, a material increase in shareholder value underpinned by
clear financial and operational progress should be the ultimate
determining factor for success during 2006.
CEO Tim Huff stated, "I have entered into this agreement with the
Board because I believe the time has now arrived for the company to do
what it has been preparing to do for the past three years: Produce
new, technology-based revenues and profitability. The way to achieve
these goals is by aggressively executing the business plans for each
Division."
The specific financial and technology performance targets which
have been negotiated with Mr. Huff and his team are as follows:
-- 30 June 2006: Centerline Communications, GlobeTel's IP Carrier
Division, will reach $350,000 per month in net operating
profit.
-- 30 June 2006: StrateVoIP Division, GlobeTel's IP Phone
Division, will reach positive monthly EBITDA and will double
net profits every 60 days throughout the remainder of 2006.
-- 30 June 2006: Sanswire Networks, GlobeTel's High Altitude
Airship program, will have completed the tethered testing of
its Sanswire II technology demonstrator and will have
performed an un-tethered free flight test at a significant
altitude.
-- 30 September 2006: GlobeTel's Magic Money Program will become
EBITDA positive.
-- 30 September 2006: GlobeTel Wireless, GlobeTel's Wireless
WiMax Division, will have at least one metropolitan network
installed and operational.
-- 31 October 2006: GlobeTel will become EBITDA positive.
-- 31 December 2006: Shareholder value must be materially higher
by the end of 2006.
Huff continued, "It is now time to show that we can accomplish our
revenue and profitability goals. At the end of the day, I'm also a
shareholder and I want my shares to grow in value. The spirit of these
goals is not to expose ourselves to impossibilities, but to speak to
the issue of creating shareholder value. I believe that my team and I
can increase shareholder value, but if not, I'll be the first to agree
that it's time for me to pass the baton to someone who can move the
ball down the field."
J. Randolph Dumas, Chairman of the Board at GlobeTel stated, "When
Mr. Huff became the CEO of GlobeTel, it had a $9 million market
capitalization, it was mired in debt, it had no real sense of
strategic direction and it had no discernable market advantages.
Today, GlobeTel has a dramatically larger market capitalization, it is
debt free and it has five very exciting business units - each of
which, as a stand-alone company, has the clear potential to create
significant shareholder value. It is now time to show that this
potential can be crystallized."
"The Board has agreed with Mr. Huff's proposition that now is the
time to execute his plans and to deliver on the unprecedented global
opportunities facing the company. At the end of 2006, the Board will
both objectively and subjectively evaluate Mr. Huff's performance
against the stated targets. The final determining measure of success
should be a meaningful increase in shareholder value. We are confident
that he and his team will be successful and I can guarantee that they
will have the full support of the Board as they press to accomplish
these goals for our shareholders."
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated
suite of telecommunications products and services, leveraging its
advances in Stored Value, VOIP and Wireless Access technologies.
Individually, each of GlobeTel's five business units function as
distinct, strong stand-alone entities: Together they form a powerful
alliance of human talent and technological innovation resulting in the
SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform
and products enabling simpler, cheaper transmission of voice, data and
money. GlobeTel has historically focused its business development on
markets outside of the United States. Current and pending operations
exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit: http://www.globetel.net.
Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast,"
"project," "intend," "expect" "should," "would," and similar
expressions and all statements, which are not historical facts, are
intended to identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors which could cause the Company's actual
results, performance (finance or operating) or achievements to differ
from future results, performance (financing and operating) or
achievements expressed or implied by such forward-looking statements.
KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA CENTRAL AMERICA SOUTH AMERICA CARIBBE
N AFRICA/MIDDLE EAST FLORIDA UNITED STATES MEXICO
INDUSTRY KEYWORD: TECHNOLOGY INTERNET NETWORKS TELECOMMUNICATIONS
SOURCE: GlobeTel Communications Corp.
CONTACT INFORMATION:
GlobeTel Communications Corp.
Robert Bleckman, 954-775-1427
http://www.globetel.net
*** end of story ***
NEWS: (BSNS WIRE) GlobeTel Board Sets Performance Objectives for 2006
GlobeTel Board Sets Performance Objectives for 2006
Business Editors
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--April 10, 2006--
GlobeTel Communications Corp. (AMEX:GTE) today announced
that CEO Timothy Huff and the Board of Directors have entered into a
performance agreement setting forth certain goals and achievements
that Mr. Huff is tasked with achieving during the current year.
The Board has determined that, at this stage in GlobeTel's
development, a material increase in shareholder value underpinned by
clear financial and operational progress should be the ultimate
determining factor for success during 2006.
CEO Tim Huff stated, "I have entered into this agreement with the
Board because I believe the time has now arrived for the company to do
what it has been preparing to do for the past three years: Produce
new, technology-based revenues and profitability. The way to achieve
these goals is by aggressively executing the business plans for each
Division."
The specific financial and technology performance targets which
have been negotiated with Mr. Huff and his team are as follows:
-- 30 June 2006: Centerline Communications, GlobeTel's IP Carrier
Division, will reach $350,000 per month in net operating
profit.
-- 30 June 2006: StrateVoIP Division, GlobeTel's IP Phone
Division, will reach positive monthly EBITDA and will double
net profits every 60 days throughout the remainder of 2006.
-- 30 June 2006: Sanswire Networks, GlobeTel's High Altitude
Airship program, will have completed the tethered testing of
its Sanswire II technology demonstrator and will have
performed an un-tethered free flight test at a significant
altitude.
-- 30 September 2006: GlobeTel's Magic Money Program will become
EBITDA positive.
-- 30 September 2006: GlobeTel Wireless, GlobeTel's Wireless
WiMax Division, will have at least one metropolitan network
installed and operational.
-- 31 October 2006: GlobeTel will become EBITDA positive.
-- 31 December 2006: Shareholder value must be materially higher
by the end of 2006.
Huff continued, "It is now time to show that we can accomplish our
revenue and profitability goals. At the end of the day, I'm also a
shareholder and I want my shares to grow in value. The spirit of these
goals is not to expose ourselves to impossibilities, but to speak to
the issue of creating shareholder value. I believe that my team and I
can increase shareholder value, but if not, I'll be the first to agree
that it's time for me to pass the baton to someone who can move the
ball down the field."
J. Randolph Dumas, Chairman of the Board at GlobeTel stated, "When
Mr. Huff became the CEO of GlobeTel, it had a $9 million market
capitalization, it was mired in debt, it had no real sense of
strategic direction and it had no discernable market advantages.
Today, GlobeTel has a dramatically larger market capitalization, it is
debt free and it has five very exciting business units - each of
which, as a stand-alone company, has the clear potential to create
significant shareholder value. It is now time to show that this
potential can be crystallized."
"The Board has agreed with Mr. Huff's proposition that now is the
time to execute his plans and to deliver on the unprecedented global
opportunities facing the company. At the end of 2006, the Board will
both objectively and subjectively evaluate Mr. Huff's performance
against the stated targets. The final determining measure of success
should be a meaningful increase in shareholder value. We are confident
that he and his team will be successful and I can guarantee that they
will have the full support of the Board as they press to accomplish
these goals for our shareholders."
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated
suite of telecommunications products and services, leveraging its
advances in Stored Value, VOIP and Wireless Access technologies.
Individually, each of GlobeTel's five business units function as
distinct, strong stand-alone entities: Together they form a powerful
alliance of human talent and technological innovation resulting in the
SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform
and products enabling simpler, cheaper transmission of voice, data and
money. GlobeTel has historically focused its business development on
markets outside of the United States. Current and pending operations
exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit: http://www.globetel.net.
Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast,"
"project," "intend," "expect" "should," "would," and similar
expressions and all statements, which are not historical facts, are
intended to identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors which could cause the Company's actual
results, performance (finance or operating) or achievements to differ
from future results, performance (financing and operating) or
achievements expressed or implied by such forward-looking statements.
KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA CENTRAL AMERICA SOUTH AMERICA CARIBBE
N AFRICA/MIDDLE EAST FLORIDA UNITED STATES MEXICO
INDUSTRY KEYWORD: TECHNOLOGY INTERNET NETWORKS TELECOMMUNICATIONS
SOURCE: GlobeTel Communications Corp.
CONTACT INFORMATION:
GlobeTel Communications Corp.
Robert Bleckman, 954-775-1427
http://www.globetel.net
*** end of story ***
NEWS: Globetel sets Annual Meeting date...
(BSNS WIRE) GlobeTel Communications Sets Annual Meeting Date
GlobeTel Communications Sets Annual Meeting Date
Business Editors / Telecommunications Writers
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--April 5, 2006--
The Board of Directors of GlobeTel Communications Corp.
(AMEX:GTE) has set Wednesday, June 21, 2006 as the date for the
company's annual meeting of stockholders, for stockholders of record
as of April 28, 2006. The meeting will be held at the Grand Palms
Hotel - Spa & Golf Resort, 110 Grand Palms Drive, Pembroke Pines,
Florida, at 10 a.m. (EDT).
Shareholders planning to attend the meeting can obtain
information and directions to the Grand Palms from
http://www.grandpalmsresort.com . GlobeTel has arranged a special
rate at the Grand Palms for shareholders planning to attend the
meeting: $84 per standard room or $99 per suite, plus tax.
Shareholders interested in attending the event should contact the
hotel directly for their reservations.
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated
suite of telecommunications products and services, leveraging its
advances in Stored Value, VOIP and Wireless Access technologies.
Individually, each of GlobeTel's five business units function as
distinct, strong stand-alone entities: Together they form a powerful
alliance of human talent and technological innovation resulting in the
SuperHub(TM) worldwide VOIP network, Sanswire Stratellite(TM) platform
and products enabling simpler, cheaper transmission of voice, data and
money. GlobeTel has historically focused its business development on
markets outside of the United States. Current and pending operations
exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit: http://www.globetel.net.
Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast,"
"project," "intend," "expect" "should," "would," and similar
expressions and all statements, which are not historical facts, are
intended to identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors which could cause the Company's actual
results, performance (finance or operating) or achievements to differ
from future results, performance (financing and operating) or
achievements expressed or implied by such forward-looking statements.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS TELECOMMUNICATION
SOURCE: GlobeTel Communications Corp.
CONTACT INFORMATION:
GlobeTel Communications Corp., Fort Lauderdale
Robert Bleckman, 954-775-1427
*** end of story ***
NEWS: Globetel sets Annual Meeting Date...
(BSNS WIRE) GlobeTel Communications Sets Annual Meeting Date
GlobeTel Communications Sets Annual Meeting Date
Business Editors / Telecommunications Writers
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--April 5, 2006--
The Board of Directors of GlobeTel Communications Corp.
(AMEX:GTE) has set Wednesday, June 21, 2006 as the date for the
company's annual meeting of stockholders, for stockholders of record
as of April 28, 2006. The meeting will be held at the Grand Palms
Hotel - Spa & Golf Resort, 110 Grand Palms Drive, Pembroke Pines,
Florida, at 10 a.m. (EDT).
Shareholders planning to attend the meeting can obtain
information and directions to the Grand Palms from
http://www.grandpalmsresort.com . GlobeTel has arranged a special
rate at the Grand Palms for shareholders planning to attend the
meeting: $84 per standard room or $99 per suite, plus tax.
Shareholders interested in attending the event should contact the
hotel directly for their reservations.
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated
suite of telecommunications products and services, leveraging its
advances in Stored Value, VOIP and Wireless Access technologies.
Individually, each of GlobeTel's five business units function as
distinct, strong stand-alone entities: Together they form a powerful
alliance of human talent and technological innovation resulting in the
SuperHub(TM) worldwide VOIP network, Sanswire Stratellite(TM) platform
and products enabling simpler, cheaper transmission of voice, data and
money. GlobeTel has historically focused its business development on
markets outside of the United States. Current and pending operations
exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit: http://www.globetel.net.
Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast,"
"project," "intend," "expect" "should," "would," and similar
expressions and all statements, which are not historical facts, are
intended to identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors which could cause the Company's actual
results, performance (finance or operating) or achievements to differ
from future results, performance (financing and operating) or
achievements expressed or implied by such forward-looking statements.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS TELECOMMUNICATION
SOURCE: GlobeTel Communications Corp.
CONTACT INFORMATION:
GlobeTel Communications Corp., Fort Lauderdale
Robert Bleckman, 954-775-1427
*** end of story ***
Vision...I think it simply means that there were many one-time costs resulting in the current figure, and that operating costs---in general---will likely remain high with projected expansion. Even though the one-time costs mentioned resulted in a figure that may have been especially high, it doesn't mean that without them the operating loss will be zero. They're just trying to separate out one-time from recurring costs. The recurring may, indeed, remain high.
I am no expert here, so I welcome any correction or rebuttal if I have mis-stated what I believe to be the situation.
tpaero, I don't know if you posted a reply to my message out of convenience (i.e., easier than going back to the main board to "Post New Message") or if my post about a misquote somehow gave the impression that I don't have faith in the company.
If the latter, please know that I have held my shares of GTE for several years now, and I have absolute faith that I will, in fact, be "...handsomely rewarded." My point was only that we need to post facts and accurate quotes, lest we become another RB. Sometimes folks don't read the original source and they may misconstrue someone's interpretation of what was actually said. True, one takes those risks when one turns to internet message boards for information, but I think this board, and the TA board, have managed to hold a high standard.
I don't think msturgeo had any ulterior motives or bad intent; probably just a lot of enthusiasm. In fact, his/her next post stated the quote accurately. Still, I believe a reminder doesn't hurt.
msturgeo and yeahbaby...Actually msturgeo misquoted Dumas. The actual quote is:
"We thank you for continued support and hope to reward you handsomely for it."
There is a potentially big difference between [will be] "rewarded handsomely" and "hope to reward you handsomely".
Please, when extracting bits and pieces out a PR, or 10K, or letter, either quote accurately or don't quote at all; otherwise, all you're doing is paraphrasing. I realize that---in your next post---you quoted the pertinent part of the sentence accurately. It's just that your OP could be mistaken by some.
gregmaster, I'm seeing the same page as yesterday. Clicking on the Globetel Russia link brings up a page describing the plan, and with a short description about Russia.
Are you seeing something different?
I get much more excited by posts like imaswami's, where SansWire is playing an increasingly visible role in large conferences/symposia, than I do about "deadlines" or "D-days".
I know, I know. There's a history here of projected dates that became---ummmmm----compromised somewhat. Still, the bigger picture excites me more than the the 30-60-90 picture.
Bigdogs,
Thanks for the reply. Like I said, I don't have (and don't have the money to have) a position in this stock right now. It sounds like I may regret that, but I appreciate your input.
I'll be watching it closely and perhaps I can sell something else to take a position here. I'll do some more digging, in the meantime, to learn more about the company and its potential.
Thanks again for your reply. I sincerely appreciate it.
Please forgive me if...
...I am have been negligent on my research. I noticed the excited discussion re: JPHC following the .004 pricing PR. I do NOT have any position, long or short, on JPHC and if, after reading this, people want me to go away, then I will. Simple as that.
My question deals only with interpreting the language of the PR. The word "pricing" (or "price" or "priced") doesn't carry a whole lot of weight with me. For example, if I am a grocer and I have someone "price" a can of green beans at $6.87, does that mean that folks should rush out and buy all the canned green beans they can get because someone "priced" them at $6.87? But wait: are there (or, in this case, IS there) a buyer who is willing to pay $6.87 for my green beans?
In other words, the "price" of something is meaningless unless there is/are a buyer/buyers willing to pay that price.
I would prefer the word "value" (or "valuation") in order to come up with a price that someone might pay for something. A market is just that: a market. One can price something at whatever price they want, but until someone is willing to pay that price, it means nothing.
So, the question is: Is there a reasonable expectation that someone is willing to pay .004/share for JPHC? Or are people falling prey to rhetoric?
low, et al.
Low, you wrote:
When you & Pete own more shares then Mr. Huff and the board, you MAY be able to take over the ship
Now, considering the other speculative posts the past couple of days re: Murdoch, do we know enough about the share structure (especially the # of shares held in treasury) that we can eliminate the possibility of.... (careful: this is going to sound like conspiracy theory, although that is NOT my intent; it's just a rhetorical question)....eliminate the possibility of Murdoch & co. shorting/manipulating the SP enough so as to acquire enough shares to take a majority position and gain control?
Probably, if I dug back far enough or, at the very least, made a couple phone calls to the co. I could have this answered in short order (no pun intended).
vickers, I think craig is referring to post #22430 (i.e., Chris Byron's article in the NY Post, one of Murdoch's newspapers).
ERG: No noticeable response yet. There have been 9 trades, although only 1 since the news came out. Presently 2.28x2.56, and the last trade was 4K shares @ 2.50.
NEWS: GlobeTel Wireless Appoints Floyd Bradley....
(BSNS WIRE) GlobeTel Wireless Appoints Floyd Bradley Managing Director
GlobeTel Wireless Appoints Floyd Bradley Managing Director
Business Editors / Telecommunications Writers
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 14, 2006--
GlobeTel Communications Corp. (AMEX:GTE) announced
today the appointment of Floyd Bradley as Managing Director of its
GlobeTel Wireless subsidiary. Bradley will be initially based in
Florida at the national headquarters of GlobeTel Wireless.
Prior to joining GlobeTel Wireless, Bradley had a distinguished
career in a number of senior positions in several technology and
software-related companies. Apart from his recent successful venture
as the founder of a media company based in London, he spent ten years
as a board member and Executive Vice President of SDL, the world's
largest translation software company and Europe's largest product,
website and content localization firm. Before co-founding SDL, Bradley
was Senior Vice President - International for Ashton-Tate and Managing
Director - UK for Lotus Development Corp. With a magna cum laude
degree from Yale University and an MBA from Harvard Business School,
Bradley began his career at The Boston Consulting Group, originally in
Boston and then in London. He was later recruited by Bain & Co. to
start up its European operations and was the lead manager for the
consulting firm's first European client.
"Floyd Bradley has been a highly regarded, well-recognized and
influential name in the international technology business for nearly
three decades. His experience at building relationships and managing
cross-border operations, particularly in complex technology-based
enterprises, speaks for itself. We at GlobeTel consider it a great
privilege to have Floyd on our team," stated Timothy Huff, CEO.
Bradley added, "I am very much looking forward to working with the
highly entrepreneurial GlobeTel management team in order to capitalize
on the huge commercial opportunities that exist world-wide --
particularly given the company's clear technological lead in the
combined indoor and outdoor Wi-Fi, WiMAX, DECT, IPTV and stratospheric
airship marketplaces."
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated
suite of telecommunications products and services, leveraging its
advances in Stored Value, VOIP and Wireless Access technologies.
Individually, each of GlobeTel's five business units function as
distinct, strong stand-alone entities: Together they form a powerful
alliance of human talent and technological innovation resulting in the
SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform
and products enabling simpler, cheaper transmission of voice, data and
money. GlobeTel has historically focused its business development on
markets outside of the United States. Current and pending operations
exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit http://www.globetel.net.
Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast,"
"project," "intend," "expect," "should," "would," and similar
expressions and all statements, which are not historical facts, are
intended to identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors which could cause the Company's actual
results, performance (finance or operating) or achievements to differ
from future results, performance (financing and operating) or
achievements expressed or implied by such forward-looking statements.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE NETWORKS SOFTWARE TELECOMM
NICATIONS PROFESSIONAL SERVICES BANKING PERSONNEL
SOURCE: GlobeTel Communications Corp.
CONTACT INFORMATION:
GlobeTel Communications Corp., Fort Lauderdale
Robert Bleckman, 954-775-1427
*** end of story ***
NEWS: GlobeTel Wireless Appoints Floyd Bradley...
(BSNS WIRE) GlobeTel Wireless Appoints Floyd Bradley Managing Director
GlobeTel Wireless Appoints Floyd Bradley Managing Director
Business Editors / Telecommunications Writers
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 14, 2006--
GlobeTel Communications Corp. (AMEX:GTE) announced
today the appointment of Floyd Bradley as Managing Director of its
GlobeTel Wireless subsidiary. Bradley will be initially based in
Florida at the national headquarters of GlobeTel Wireless.
Prior to joining GlobeTel Wireless, Bradley had a distinguished
career in a number of senior positions in several technology and
software-related companies. Apart from his recent successful venture
as the founder of a media company based in London, he spent ten years
as a board member and Executive Vice President of SDL, the world's
largest translation software company and Europe's largest product,
website and content localization firm. Before co-founding SDL, Bradley
was Senior Vice President - International for Ashton-Tate and Managing
Director - UK for Lotus Development Corp. With a magna cum laude
degree from Yale University and an MBA from Harvard Business School,
Bradley began his career at The Boston Consulting Group, originally in
Boston and then in London. He was later recruited by Bain & Co. to
start up its European operations and was the lead manager for the
consulting firm's first European client.
"Floyd Bradley has been a highly regarded, well-recognized and
influential name in the international technology business for nearly
three decades. His experience at building relationships and managing
cross-border operations, particularly in complex technology-based
enterprises, speaks for itself. We at GlobeTel consider it a great
privilege to have Floyd on our team," stated Timothy Huff, CEO.
Bradley added, "I am very much looking forward to working with the
highly entrepreneurial GlobeTel management team in order to capitalize
on the huge commercial opportunities that exist world-wide --
particularly given the company's clear technological lead in the
combined indoor and outdoor Wi-Fi, WiMAX, DECT, IPTV and stratospheric
airship marketplaces."
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated
suite of telecommunications products and services, leveraging its
advances in Stored Value, VOIP and Wireless Access technologies.
Individually, each of GlobeTel's five business units function as
distinct, strong stand-alone entities: Together they form a powerful
alliance of human talent and technological innovation resulting in the
SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform
and products enabling simpler, cheaper transmission of voice, data and
money. GlobeTel has historically focused its business development on
markets outside of the United States. Current and pending operations
exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit http://www.globetel.net.
Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast,"
"project," "intend," "expect," "should," "would," and similar
expressions and all statements, which are not historical facts, are
intended to identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors which could cause the Company's actual
results, performance (finance or operating) or achievements to differ
from future results, performance (financing and operating) or
achievements expressed or implied by such forward-looking statements.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE NETWORKS SOFTWARE TELECOMM
NICATIONS PROFESSIONAL SERVICES BANKING PERSONNEL
SOURCE: GlobeTel Communications Corp.
CONTACT INFORMATION:
GlobeTel Communications Corp., Fort Lauderdale
Robert Bleckman, 954-775-1427
*** end of story ***
justfrank, I'm showing AMEX at 3.24, CINN @ 3.28, MWSE @ 3.38 and PACX @ 3.41.
Elevated call activity: This is from myTrack. Those with more knowledge about options than I can better interpret the data (GTE is about 1/3 way down). I just got home from work and scanned the previous msgs. I apologize if this has already been posted. [after first posting this, I realize the formatting is FUBAR. Just read the numbers left to right and refer to the headings in the same order. I've put asterisks between the headings to help clarify]
(Track Notes) Elevated Call Activity
Elevated Call Activity
TRACK DATA 3/10/06 1:53 PM
=============================================================================
U SYM * PRICE * CHNG *IMPLIED VOL *# CALLS *# PUTS *TOTAL OPEN INT
----- ------ ----- ----------- ---------- ---------- ---------------
SPW 51.95 0.70 21 37892 596 37727
OSI 42.37 -0.02 24 12657 114 38496
CLE 34.70 1.67 24 1558 272 5771
GTE 3.33 -0.15 134 844 12 3183
KFT 30.34 0.25 19 43156 1441 163712
ADP 47.57 0.54 17 12568 873 58236
KO 42.80 0.40 15 94336 6997 469800
TRMS 13.33 1.59 49 747 50 3823
VIA 38.66 0.36 22 1286 114 7618
DRC 22.69 -0.58 48 566 25 3550
NYX 76.78 0.68 46 15389 9229 97931
NDAQ 41.89 2.39 47 5388 2358 35113
JUPM 15.38 0.20 42 768 464 5029
*** end of story ***
I think, in fact, what it is saying is that we can only conjecture, until an official PR comes out, in English, from GTE.
This translation appears---to me, at least---to be nothing more than a Russian "Comtex-style" news story, stating nothing more than we already know.
Relax, folks, until news is delivered via official channels.
'Night, all.
OT: Quick question...Is anyone else getting a "Service Unavailable" page when clicking the "Favorites" button for IHUB?
TIA for your answer.
FYI: 19x7, 0x.0001, 290,775,617 shares, 738 trades. eom
Pit and all...The news alert was for this: (below)...
(COMTEX) B: Wall Street News Alert: Hot Stock to Watch! March 7, 2006 ( M2
)
B: Wall Street News Alert: Hot Stock to Watch! March 7, 2006 ( M2 )
Weston, FLA., Mar 07, 2006 (M2 PRESSWIRE via COMTEX) --
Wall Street News Alert's "stocks to watch" this morning
are: China Digital Communication Group (OTCBB: CHID), Research In
Motion Ltd (NASDAQ: RIMM), Patriot Scientific Corporation (OTCBB:
PTSC), Eagle Broadband (AMEX: EAG), and GlobeTel Communications Corp.
(AMEX: GTE).
China Digital Communication Group (OTCBB: CHID) may be another stock
that shows some potential as the markets begin trading this morning.
Yesterday after the stock markets closed, the company, one of the
fastest growing battery components manufacturers in China, issued a
press release announcing that its preliminary results for the year
ended December 31, 2005 have exceeded its previously announced guidance
issued on April 25, 2005 and furthermore, issues guidance for
accelerated growth in 2006.
The company's impressive numbers may have the attention of investors!
According to the company's press release, China Digital reported
preliminary total revenues of $12.7 million for the year ended December
31, 2005, an increase of 145% from total revenues of $5.2 million for
the year ended December 31, 2004, and 11% greater than its previously
announced revenue guidance of $11.4 million. China Digital reported
preliminary net income of $2.7 million, or $0.05 per fully diluted
share, for the year ended December 31, 2005, an increase of 517% from
net income of $440,496, or $0.008 per fully diluted share, for the year
ended December 31, 2004, and 4% greater than its previously announced
net income guidance of $2.6 million.
Wall Street News Alert continues to place aggressive investors on high
alert to monitor China Digital Communication! The company's guidance
for the year ending December 31, 2006 was reported as follows: The
following projections are on a consolidated, pro-forma basis and
include the acquisition of Zhuo Tong, which is expected to close in the
second quarter of 2006. In order to present an accurate picture of
revenue and profit trends, the results stated for 2006 consist of sales
and profit from Zhuo Tong, as if China Digital had owned the subsidiary
for the entire year.
For fiscal year 2006, China Digital projects total revenues of $26.5
million and net income of $7.6 million, or $0.10 per fully diluted
share.
Watch this company for more breaking news! Chang Chun Zheng, CEO and
Chairman of the Board of China Digital, said, "We have created a
scalable operating platform that allows our two subsidiaries, E'Jenie
and Zhuo Tong, greater access to shared resources, as well as provide
significant cross-marketing and referral opportunities, which we
believe can increase revenues by 100% year-over-year in 2006. If 3G
systems are readily adopted in China, as we anticipate they will be,
our initial projections for 2006 could be significantly higher due to
increased demand for 3G components to power various telecommunicatons
equipment and lithium ion mobile phone batteries. In addition to new
markets, China Digital will continue to pursue business opportunities
with a focus on achieving profitability through additional mergers and
acquisitions within the telecommunication equipment and new energy
industry fields."
Prior to yesterday's press release, the stock closed yesterday at Fifty
Six cents a share.
To view a detailed, in-depth profile of China Digital Communication,
visit http://www.thenewssvc.com/CHID030606.html
To view all of Wall Street News Alert's special early morning trading
alerts for this morning, visit www.WallStreetNewsAlert.com, where you
may also sign up to receive free email alerts in advance of our press
releases being issued.
In case you are not familiar with the company: Through its two wholly
owned subsidiary companies, China Digital Communication Group is one of
China's leading manufacturers and developers of advanced
telecommunications equipment. Its Shenzhen E'Jenie Science and
Technology Co., Ltd. ("E'Jenie") subsidiary sells advanced high-quality
lithium ion battery shell and cap products to all major lithium ion
battery cell manufacturers in China. E'Jenie's products are used to
power mobile phones, MP3 players, laptops, digital cameras, PDAs,
camera recorders and other consumer electronic digital devices. China
Digital's Shenzhen Zhuo Tong ("Zhuo Tong") subsidiary specializes in
manufacturing and distributing high-frequency power supply and
reversible power supply equipment for communication equipment producers
in the IT, power, and radio and television broadcast industries. Zhuo
Tong is also a leading developer of third generation (3G) power supply
technologies and equipment. China Digital is continuing its expansion
across East Asia, while also seeking distribution partners and
acquisitions in new global markets including the United States.
Research In Motion Ltd (NASDAQ: RIMM) up 15% on 31.1 million shares
traded.
In recent headlines, Research In Motion Ltd (RIM) announced that the
company has avoided the US shut down of its BlackBerry wireless e-mail,
service. An agreement has been established for RIM to pay USD612.5m to
NTP Inc, a US company based in Virginia, in settlement of a patent
dispute.
Research In Motion Ltd designs, manufacturers and markets innovative
wireless solutions for the mobile communications market.
Patriot Scientific Corporation (OTCBB: PTSC) up 26.4% on 24 million
shares traded.
Patriot Scientific develops and markets innovative and proprietary
semiconductor technologies. The Company's portfolio of proprietary
designs encompasses what is believed to be fundamental ultra-low-power
array microprocessor technology, as well as pending patents designed to
protect Patriot's proprietary technology.
Eagle Broadband (AMEX: EAG) down 0.08% on 5.9 million shares traded.
Eagle Broadband is a provider of broadband, Internet Protocol (IP) and
communications technology and services that create new revenue
opportunities for broadband providers and enhance communications for
government, military and enterprise customers.
Eagle Broadband recently announced that the company entered into an
agreement with Alarm Security Group LLC ("ASG"), pursuant to which ASG
has purchased substantially all of the assets of D.S.S. Security, Inc.,
a wholly owned subsidiary of the company, for a purchase price of $1.4
million.
GlobeTel Communications Corp. (AMEX: GTE) up 8.2% on 3.7 million shares
traded.
GlobeTel Communications Corp. develops and provides an integrated suite
of telecommunications products and services, leveraging its advances in
Stored Value, VOIP and Wireless Access technologies.
Recently, GlobeTel Communications Corp. announced that it was notified
by LLC Internafta that the close of the transaction providing the
funding for the installation of wireless networks in 30 cities
throughout the Russian Federation, that was scheduled for March 2,
2006, has been delayed by the bank until the following week due to
internal bank scheduling. The transaction is being syndicated by
several tier one European Banks.
Commentary: "The National Association of Realtors said that existing
home sales fell by 2.8% in January, the fifth straight month of
declines for housing. The number of homes for sale in the market is up
by 2.4% or 2.9 million units, the highest in eight years," Stated Sonja
Rudd in Wall Street News Alert's daily commentary continued at:
http://www.WallStreetNewsAlert.com.
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**********************************************************************
As of Friday, 03-03-2006 23:59, the latest Comtex SmarTrend(SM) Alert,
an automated pattern recognition system, indicated an UPTREND on
02-01-2006 for RIMM @ $70.83.
(C) 2006 Comtex News Network, Inc. All rights reserved.
*** end of story ***
NEWS: Float test...(more)...
(BSNS WIRE) GlobeTel Communications' Sanswire Networks LLC Commences Float Te
ting of Sanswire II
GlobeTel Communications' Sanswire Networks LLC Commences Float Testing of Sanswi
e II
Business Editors / Technology Writers
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 1, 2006--
GlobeTel Communications Corp. (AMEX:GTE) today announced
that its Sanswire Networks LLC subsidiary has successfully floated the
Sanswire II Technology Demonstrator Airship in Palmdale, California.
This initial testing phase marks the first test of many currently
planned for the program. This first phase will test the integrated
subsystems within the Stratellite.
The Sanswire float test followed our streamlined test procedure in
order to validate the envelope integrity with the Sanswire proprietary
lifting system and carbon composite structure. The testing process is
governed by test procedures through a strict Quality Management
System, which ensures both the safety and success of this
demonstration.
Bob Jones, President of Sanswire Networks LLC, commented: "This is
an important step in the evolution of our test program and we're
extremely pleased with this accomplishment. We not only met all our
goals, but exceeded them. Our success is attributed to the integrity
of our product and the diverse backgrounds of our team of experts.
We're always committed to providing top performance and capabilities
to our customers, and to get the job done safely and expeditiously.
This milestone test was, by all measures, a complete success."
Timothy Huff, CEO of GlobeTel added: "The success of the test
gives us a lead in the high altitude airship market. We continue to
make significant strides in our airship test program, and knowing the
quality and intelligence of the Sanswire team, I'm not at all
surprised at this successful outcome. I look forward to the continued
acceleration of our test program, and to launching our first
commercial vehicle in the coming future."
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated
suite of telecommunications products and services, leveraging its
advances in Stored Value, VOIP and Wireless Access technologies.
Individually, each of GlobeTel's five business units function as
distinct, strong stand-alone entities. Together they form a powerful
alliance of human talent and technological innovation resulting in the
SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform
and products enabling simpler, cheaper transmission of voice, data and
money. GlobeTel has historically focused its business development on
markets outside of the United States. Current and pending operations
exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit: http://www.globetel.net.
Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast,"
"project," "intend," "expect" "should," "would," and similar
expressions and all statements, which are not historical facts, are
intended to identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors which could cause the Company's actual
results, performance (finance or operating) or achievements to differ
from future results, performance (financing and operating) or
achievements expressed or implied by such forward-looking statements.
Sanswire Networks and the launch of the Company's high-altitude
airship are subject to various risk factors and investors should
construe any such investment as speculative. There is no guarantee
that the Company will be successful with this program and there are
risks associated with any investment predicated on this technology.
The company undertakes no duty to update information contained in this
press release or in other public disclosures at any time. The above
may be more fully discussed in the Company's SEC filings.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS TRANSPORT
SOURCE: GlobeTel Communications Corp.
CONTACT INFORMATION:
GlobeTel Communications Corp., Fort Lauderdale
Robert Bleckman, 954-775-1427
*** end of story ***
NEWS!! Float test...(more)...
(BSNS WIRE) GlobeTel Communications' Sanswire Networks LLC Commences Float Te
ting of Sanswire II
GlobeTel Communications' Sanswire Networks LLC Commences Float Testing of Sanswi
e II
Business Editors / Technology Writers
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--March 1, 2006--
GlobeTel Communications Corp. (AMEX:GTE) today announced
that its Sanswire Networks LLC subsidiary has successfully floated the
Sanswire II Technology Demonstrator Airship in Palmdale, California.
This initial testing phase marks the first test of many currently
planned for the program. This first phase will test the integrated
subsystems within the Stratellite.
The Sanswire float test followed our streamlined test procedure in
order to validate the envelope integrity with the Sanswire proprietary
lifting system and carbon composite structure. The testing process is
governed by test procedures through a strict Quality Management
System, which ensures both the safety and success of this
demonstration.
Bob Jones, President of Sanswire Networks LLC, commented: "This is
an important step in the evolution of our test program and we're
extremely pleased with this accomplishment. We not only met all our
goals, but exceeded them. Our success is attributed to the integrity
of our product and the diverse backgrounds of our team of experts.
We're always committed to providing top performance and capabilities
to our customers, and to get the job done safely and expeditiously.
This milestone test was, by all measures, a complete success."
Timothy Huff, CEO of GlobeTel added: "The success of the test
gives us a lead in the high altitude airship market. We continue to
make significant strides in our airship test program, and knowing the
quality and intelligence of the Sanswire team, I'm not at all
surprised at this successful outcome. I look forward to the continued
acceleration of our test program, and to launching our first
commercial vehicle in the coming future."
About GlobeTel Communications Corp.
GlobeTel Communications Corp. develops and provides an integrated
suite of telecommunications products and services, leveraging its
advances in Stored Value, VOIP and Wireless Access technologies.
Individually, each of GlobeTel's five business units function as
distinct, strong stand-alone entities. Together they form a powerful
alliance of human talent and technological innovation resulting in the
SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform
and products enabling simpler, cheaper transmission of voice, data and
money. GlobeTel has historically focused its business development on
markets outside of the United States. Current and pending operations
exist in Asia, Europe, South America, Mexico and the Caribbean.
For more information, please visit: http://www.globetel.net.
Certain statements in this release constitute forward-looking
statements or statements which may be deemed or construed to be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The words "forecast,"
"project," "intend," "expect" "should," "would," and similar
expressions and all statements, which are not historical facts, are
intended to identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors which could cause the Company's actual
results, performance (finance or operating) or achievements to differ
from future results, performance (financing and operating) or
achievements expressed or implied by such forward-looking statements.
Sanswire Networks and the launch of the Company's high-altitude
airship are subject to various risk factors and investors should
construe any such investment as speculative. There is no guarantee
that the Company will be successful with this program and there are
risks associated with any investment predicated on this technology.
The company undertakes no duty to update information contained in this
press release or in other public disclosures at any time. The above
may be more fully discussed in the Company's SEC filings.
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS TRANSPORT
SOURCE: GlobeTel Communications Corp.
CONTACT INFORMATION:
GlobeTel Communications Corp., Fort Lauderdale
Robert Bleckman, 954-775-1427
*** end of story ***
WV Hillbilly,
Think of the bid/ask as being the same as demand/supply. A MM "on the bid" is one who is willing to buy shares from you at the bid price (or, the other way around, you are able to sell shares to the MM at the bid price). A MM "on the ask" is "asking" that price for the shares that he is willing to sell to you (or, the other way around, you can buy shares at the ask price).
The ask being "...three times the size of the bid..." that you mention in your post does not mean that there are three times the number of MMs on the ask. It means that there is three times the number of shares available for sale by the MMs on the ask, at that moment, than there are shares willing to be bought by MMs on the bid.
In other words, supply is outstripping demand, and the price usually goes down.
The opposite, of course, occurs during heaving buying: there is greater demand on the bid side (i.e., more MMs are willing to buy shares), outstripping the supply of those on the ask, so the price goes up.
A couple thoughts...
1. First, the silly one: interesting that the article title describes Fan's appointment as a "role", rather than as a position. Isn't a "role" something that someone plays, as in a drama?
2. Secondly, a Google search of "Lloyd Fan" doesn't exactly fill one with "irrational exuberance" about this guy, although his alledged credentials--referred to in the PR--look good.
For the record, I'm long 2.5M, just so you don't think I'm bashing.
big news out, folks. Oops...Irish scooped it...
(PR NEWSWIRE) Q Television Network Appoints Lloyd Fan to Role of Interim Presid
nt
Q Television Network Appoints Lloyd Fan to Role of Interim President
BURBANK, Calif., Feb. 27 /PRNewswire-FirstCall/ -- Effective immediately,
Frank Olsen, CEO and President of Triangle Multi-Media Limited, Inc.
(OTC: QBID) has proudly appointed Mr. Lloyd Fan as Interim president of Q
Television Network.
Lloyd Fan and his partners bring many years of achievement in corporate
finance, strategic growth initiatives, OEM manufacturing, international trade
and product direct-distribution. Through Best Prop Holding Group -- which
owns Pat Prod Productions and Patented Product Industries -- his successes
include renowned companies like Sharper Image, Brookstone, Restoration
Hardware, IKEA, Targets Stores, Wal-Mart, JC Penny, Coleman, LL Bean, QVC and
many more. Coming from a manufacturing and engineering background, Mr. Fan
has played a major role in commercializing some 200 patents worldwide. With a
proud and proven track record, Mr. Fan is highly respected in the financial,
manufacturing and service sector throughout Asia.
With a long-standing interest in finding an entertainment and distribution
platform partner with a strong brand and loyalty within the GLBT community,
Mr. Fan and his group considered QTN's success in connecting to this market.
QTN's growing distribution model and direct connection to its customer base
complements both entities' plans to expand the network's offerings to include
additional entertainment services and consumer products targeted to the GLBT
community in the U.S. and worldwide.
"This is truly an exciting development," said Mr. Fan. "My partners and I
understand the vision and the commitment Frank Olsen has made to the GLBT
community with the launch of QTN, and we are pleased to join forces with QTN
in ensuring its continued success".
Olsen, who remains Chairman and CEO of both Triangle Multi-Media Limited,
Inc. and Q Television Network stated, "Mr. Fan and his partners' commitment of
resources to QTN is a much needed investment in all phases of the network as
we work to proudly give voice to the gay community. Mr. Fan's appointment as
Interim President of QTN further solidifies the network's ability to enhance
its daily operations, programming, strategic growth and financial stability.
I am very proud of the accomplishments QTN has made throughout the years in
our struggle to bring a gay television network to market. Many people have
played significant roles and have taken many risks. With the infusion of
dynamic resources brought to QTN by Mr. Fan, the network's continued success
seems assured."
About Q Television Network:
This 24/7, premium television network is organized to create, develop and
feature television programming for the gay and lesbian community, including
live & interactive content every weeknight, plus sports, information and
entertainment. While the company expects much of its subscriber base to be
comprised of members of the gay and lesbian population, management also
believes that quality programming about the gay and lesbian experience,
designed to entertain, educate and inform, will attract many other segments of
the viewing public.
The company's programming is available on a subscription basis to those
desiring to subscribe. The monthly fee varies by region of the country. The
network is telecast 24 hours per day, 7 days per week and features a variety
of live and original programming. Q Television is available on such blue chip
cable systems as Time Warner, Cox communications and RCN, among others, with
availability approaching 3 million digital cable households in the U.S. Q
Television Network is the official network of Gay Games(R) VII. The network
is also ad-supported. For further information on programming and
subscriptions, please visit www.qtelevision.com.
Safe Harbor Statement
As a cautionary note to investors, certain matters discussed in this press
release may be forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such matters involve risks and
uncertainties that may cause actual results to differ materially, including
the following: changes in economic conditions; general competitive factors;
the television network's ability to execute its business model and strategic
plans; and the risks described from time to time in the company's Securities
and Exchange Commission filings.
Contacts:
QTN Media Relations
Kristien Brada-Thompson Jim Strzalkowski
Priority Public Relations Priority Public Relations
(818) 338-3555 x224 (818) 338-3555 x222
kristien@prioritypr.net jim@prioritypr.net
QTN Investor Relations
Richard Brown
Equity Relations, Inc
(617) 314-7379
Staff@EquityRelations.com
SOURCE Q Television Network
Contact Information:
Media Relations, Kristien Brada-Thompson, ext. 224, kristien@prioritypr.net, or
im Strzalkowski, ext. 222, jim@prioritypr.net, both of Priority Public Relations
+1-818-338-3555, for Q Television Network; or Investor Relations, Richard Brown
of Equity Relations, Inc, +1-617-314-7379, Staff@EquityRelations.com, for Q Tele
ision Network
WebSite:
http://www.qtelevision.com
*** end of story ***
re: itsjustme, Germany, etc.
I recall the post that itsjustme is referring to (posted sometime during the past 24 hours), but I think it has been taken off of the board. I can't recall who the poster is, but is was simply an optimistic, offhand comment about a Strat in the sky over Germany, playing off of the Germany speculation.
lildones...Was that you getting filled @ 3.01? eom
guaranasa and sanswired: Thanks for the great answers. I really appreciate the time and effort spent in posting replies to my question. I'm away at work much of the day, so I don't have time to watch all the trades go through. Thus, I'm not seeing the patterns you guys are catching.
Have a great day, and good luck with GTE.
Jacques
guaranasa...just curious...
How are you distinguishing a 300 share "signal" from a 300 share "retail trade"?
The reason I ask is that 300 shares of GTE are $918.00, i.e., perhaps many people are willing to invest up to $1000 in GTE.
I have long been intrigued by these so-called "signals". I am not saying, or even implying, that they don't exist. I just don't know how one can distinguish between a retail trade and a "signal".