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Wrong again, they are a certified solution provider for Raytheon.
all that is an ASSUMPTION from you. Don't assume.
you all know who the partners are but don't see it. Good things right around the corner imo.
Maybe because it worked perfectly for the government
Anytime an officer of the company is sent a wells notice so would the company as well in my opinion. So he said and she said could go on all day long until one gets to the bottom of the truth. The deal structured for Joe and Centerline to receive company shares based on performance should of had a flag on it early on. Too much temptation for someone imo.
Here's what it says and you must ask yourself was that because of Joe & Luis actions pertaining to their book keeping? My bet is that Globetel will be excused because Joe & Louis will be found guilty all IMO of course.
Item 8.01 Other Events.
On October 5, 2007, GlobeTel Communications Corp., received a "Wells Notice" from the Securities and Exchange Commission (the "SEC") in connection with the SEC's ongoing investigation of the Company. The Wells Notice provides notification that the staff of the SEC intends to recommend to the Commission that it bring a civil action against the Company for possible violations of the securities laws including violations of Sections 5 and 17(a) of the Securities Act of 1933; Sections 10(b), 13(a), and 13(b)(2)(A) & (B) of the Securities Exchange Act of 1934 ("Exchange Act") and Rules 10b-5, 12b-20, 13a-1, 13a-11, and 13a-13 thereunder; and seeking as relief a permanent injunction, civil penalties, and disgorgement with prejudgment interest. The staff is also considering recommending that the SEC authorize and institute proceedings to revoke the registration of Company's securities pursuant to Section 12(j) of the Exchange Act.
Under the process established by the SEC, recipients have the opportunity to respond in writing to a Wells Notice before the SEC staff makes any formal recommendation to the Commission regarding what action, if any, should be brought by the SEC. The Company is determining if it will provide a written submission to the SEC in response to the Wells Notice.
Financials out through 30 Jun 06.
Financials out.
From UAV Report
The Marine Corps Warfighting Laboratory was created at Quantico, VA, in 1995. Responsible for
developing new operational concepts, tactics, techniques, procedures, and technologies to prepare
Marines for future combat. It has participated in UAS development for integration into battalion-leveland-
below forces. In addition to integrating Dragon Drone UA into its recent series of limited objective
experiments (LOEs) supporting capable Warrior, MCWL has funded development of Dragon Warrior and
Dragon Eye prototypes, each tailored to specific requirements supporting the Operational Maneuver From
The Sea (OMFTS) concept.
Please read this report as well
http://www.acq.osd.mil/usd/Roadmap%20Final2.pdf
Military use of unmanned aircraft soars By LOLITA C. BALDOR, Associated Press Writer
WASHINGTON - The military's reliance on unmanned aircraft that can watch, hunt and sometimes kill insurgents has soared to more than 500,000 hours in the air, largely in Iraq, The Associated Press has learned.
And new Defense Department figures obtained by The AP show that the Air Force more than doubled its monthly use of drones between January and October, forcing it to take pilots out of the air and shift them to remote flying duty to meet part of the demand.
The dramatic increase in the development and use of drones across the armed services reflects what will be an even more aggressive effort over the next 25 years, according to the new report.
The jump in Iraq coincided with the build up of U.S. forces this summer as the military swelled its ranks to quell the violence in Baghdad. But Pentagon officials said that even as troops begin to slowly come home this year, the use of Predators, Global Hawks, Shadows and Ravens will not likely slow.
"I think right now the demand for the capability that the unmanned system provides is only increasing," said Army Col. Bob Quackenbush, deputy director for Army Aviation. "Even as the surge ends, I suspect the deployment of the unmanned systems will not go down, particularly for larger systems."
For some Air Force pilots, that means climbing out of the cockpit and heading to places such as Nellis Air Force Base in Nevada, where they can remotely fly the Predators, one of the larger and more sophisticated unmanned aircraft.
About 120 Air Force pilots were recently transferred to staff the drones to keep pace with demands, the Air Force said.
Some National Guard members were also called up to staff the flights. And more will be doing that in the coming months, as the Air Force adds bases where pilots can remotely fly the aircraft. Locations include North Dakota, Texas, Arizona and California, and some are already operating.
One key reason for the increase is that U.S. forces in Iraq grew from 15 combat brigades to 20 over the spring and early summer, boosting troop totals from roughly 135,000 to more than 165,000. Slowly over the next six months, five brigades are being pulled out of Iraq that will not be replaced, as part of a drawdown announced by the administration, which began in December.
The increased military operations all across Iraq last summer triggered greater use of the drones and an escalating call for more of the systems — from the Pentagon's key hunter-killer, the Predator, to the surveillance Global Hawks and the smaller, cheaper Ravens.
In one recent example of what they can do, a Predator caught sight of three militants firing mortars at U.S. forces in November in Balad, Iraq. The drone fired an air-to-ground missile, killing the three, according to video footage the Air Force released.
Air Force officials said that Predator flights steadily increased last year, from about 2,000 hours in January to more than 4,300 hours in October. They are expected to continue to escalate when hours are calculated for November and December, because the number of combat air patrols had increased from about 14 per day to 18.
"The demand far exceeds all of the Defense Department's ability to provide (these) assets," said Air Force Lt. Col. Larry Gurgainous, deputy director of the Air Force's unmanned aircraft task force. "And as we buy and field more systems, you will see it continue to go up."
Use of the high-tech surveillance and reconnaissance Global Hawk has also jumped, as the Air Force moved from two to three systems on the battlefield.
"I think it has to do with the type of warfare we're engaged in — it's heavy into intelligence, surveillance and reconnaissance," Gurgainous said. "This war requires a lot of hunting high-value targets."
The bulk of the unmanned flight hours belong to the Army's workhorse drone, the Raven, which weighs just four pounds and is used by smaller units, such as companies and battalions, in Iraq and Afghanistan.
The Ravens, which soldiers fling into the air and use for surveillance, will rack up about 300,000 hours this year — double the time they were used last year, said Quackenbush.
The Army has a total of 361 unmanned aircraft in Iraq alone — including Shadows, Hunters and Ravens. And in the first 10 months of 2007, they flew more than 300,000 hours.
Army officials have fought to maintain control of their unmanned vehicle usage, saying their unit commanders can quickly launch the smaller systems, and respond to the immediate needs of soldiers who may be pursuing insurgents or trying to avoid roadside bombs.
When the Raven's massive numbers are not included, UAV usage across all the military services jumped from nearly 165,000 flight hours in the 2006 fiscal year, to more than 258,000 for the fiscal year that ended Sept. 30, 2007.
Those figures, compiled by the Pentagon, include some training flights, but the overwhelming majority was on the warfront. A majority of the flights are in Iraq, which has seen the biggest increase. But they are also used extensively in Afghanistan.
There, for example, the Air Force has hovered around 3,000-3,500 flight hours for the Predator each month.
Officials said they could not immediately provide a figure for how many hours of manned aircraft were flown in the wars this past year and said it was difficult to compare the two at any rate because one flight for a drone can routinely be 16 to 20 hours. In contrast, manned aircraft like the F-16, for instance, might spend about five hours on one sortie, said Air Force Capt. Uriah L. Orland, a spokesman for service in the Central Command area.
According to a new Pentagon report, the Defense Department plans to develop an "increasingly sophisticated force of unmanned systems" over the next 25 years. The effort will confront some current shortfalls, including plans to improve how well the drones can quickly and precisely identify and locate targets.
That would also involve increasing the precision of the guided weapons that are on some of the unmanned aircraft. Those efforts are considered critical because it enables the military to hunt down and kill militants without putting troops at risk.
In addition, the Pentagon said it wants to improve the drones' reconnaissance and surveillance abilities, which are the top priorities of commanders in the field.
___
Busineess Center is a good option to keep costs down. I worked for a company that used a business center and we went from there to our own facility to $40M in annual revene.
If that were the case how would you explaing google earth photos from satellite?
A Zoom lens would do that you know.
So crash your now an expert in reading and interpreting photos from HAA's I presume. What is your background to do that?
The problem with that scion is if they sold those rights to GTEM they no longer hold the patents imo as well.
The best time for me to see the financials come out is on or about Oct 15th I believe that is the mandatory buyin for any shares short.
Based on what I have seen from the posts of Vern and Co. There is a direct correlation imo to manipulate the share price and to try to bring GTEM down which I believe is a direct violation of the SEC rules. I think some people are going to pay dearly for these actions.
That's old news April 2007. Try again.
well today was a good today but nowhere where we should be. Oct 15th is not far away. Short covering has to follow shortly since I don't expect them to wait until the last minute.
So lets say Khoury did resign so who leaked the info and I believe that is a violation of the security and exchanges act.
game7alcs with all respect it's hard to see the picture till the financials are released. Till then we float in never never land. Keep the faith it's not ovet till the fat lady sings. All imo.
Please give your reasons and not assumptions
Princess D keep the faith imo the book chapter is about to be revealed imo
I saw a community that was advertising wifi hotzone service in Florida.
Magnolia Green at Stevens Plantation St Cloud, FL
Stevens Plantation is a beautiful master plan community, designed to foster a family-oriented, small-town lifestyle. Located in St. Cloud, Stevens Plantation is minutes from downtown Orlando, the Orlando Int’l Airport, and world-class dining, shopping and entertainment. St. Cloud offers an historic downtown, antiques district, unique shops and a beautiful lakefront setting. Featuring acres of nature preserves, Stevens Plantation is near outstanding elementary, middle and high schools, with each elementary school having received an "A" rating, the highest given by the State of Florida. Each home at Stevens Plantation has 100% Fiber-Optic connectivity, and the community features an 802.11 Wi-Fi HotZone that gives homeowners wireless Internet access anywhere in the community, even outside.
http://www.kbhome.com/Community.aspx?CommID=01300245
SAIC is not a teaming partner whom Globetel should partner with imo. They have a tendency to get their people in and slowly take your business away imo.
Since where throwing out numbers in Mexico instead of 68 or 69 let's try 150000.
Here is an interesting post from Modlan on RB
Hello fellow longs,
I had a long talk with Peter K. today. He was very cordial and listended to what I had to say. These opinions I am offering are just that, MY opinions. I tried to piece together what he was saying and am trying to put them in my own words.
As frustrated as I am, he seems the same. He has never been involved in a company that has gone through so much crap and negative happennings as he is now. There was an incredible amount of things that had to be cleared up so we can move forward. We will in the future be advised of what those were. The most important thing concerning the company right now is to be current and up to date with the SEC. I believe that we are in good standings with the SEC regarding our cooperation with them. Sometime in August the hope is that we will be current. When that happens I believe we will be making a move to the OTC and off the Pinks. There are still problems with certain people, but they are being dealt with. I think this problem is bigger than we thought or at least I thought. I still believe the STRAT will fly. My guess is 2008 at the earliest. Once we are up to date, my belief is we will see some contracts/partnerships that will wake the street up and see some upswing in the PPS.
I have been married to this stock for over 12 years. He laughed when I said I was married to it. I told him I was down an amazing amount in my portfolio, and he seemed very upset for me, but said he hopes the stock can make it up to me. He does seem aware that there are many longs like myself and does care about us. There will be a SHM, but could not even give me an idea as to when. I suggested Vegas and that also brought out a chuckle.
I will have to recheck my notes tomorrow, as I am doing this on memory.
Bottom line for me is, I still do believe, and think that by this time next year we can be proud of our hanging in.
AGAIN, this is of my opinion. I took his talking and tried to put a staight spin on it, but I might be putting some of mine on also.
As always, good luck to us and hope the shorts do burn.
Long and Strong ADGI/GTE/GTEL/GTEM
In addition the short number is up
http://www.shortsqueeze.com/index.php?symbol=gtem&submit=+GO+
I wouldn't want to be in their shoes as I see their strategy is unravelling right before their eyes. There are many computer savy personnel on these boards and this orchestrated effort to bring down GTEM is going to be a complete failure and blow up right in front of their face imo.
now I wonder who is 216.180.243.18?
Mide the biggest problem I see her that based on these postings by Vern & Company, some of whom some whom seem to be associated with previous employees of Globetel who now work for Trimax that there seems to be a clear evidence of collusion by Trimax to bring down Globetel. There also seems to be a breach of contract by Trimax for selling to other companies without Globetels authorization. Now I'm not a lawyer but in a court of law there could be some interesting things that the SEC would frown on based on the actions taken by these subject indivudals. All in my opinion only.
You birdie from Northrup doesn't know what is going on otherwise he would be working for Raytheon.
THE INSINUATION THAT RAYTHEON WAS TRYING TO SELL SOMETHING IS LUDICROUS EOM
Guess who else is at the conference -
Mr. Frank Prautzsch, Director, Network Centric Systems Rapid Initiatives Group, Raytheon
Risk in todays environment there are many things that go on a need to know basis only.
enough said eom
Risk from a previous post
Posted by: risk_it_us
In reply to: vkoenig who wrote msg# 70532 Date:4/6/2007 2:16:21 PM
Post #of 70733
If that's the case then what you are saying is every single allegation and supporting exhibits (and they are there in black and white) concerning the fraudelent nature from BOTH sides of the internafta deal are pure bogus ?
I don't think so dude. You hype the new mexican deal but you have to remember that it's yet to become a reality past a pr. We've not seen anything yet that suggests otherwise.
Grupo IUSA/VPN has never once mentioned globetel in any JV endeavor nor have they ever listed them as partners or any endeavor. As a matter of fact, they've never once mentioned globetel period. There are FACTS in the litigation that list many touted JV's by Huff and not a single one of them produced any amount of money, in fact the norm was "been put on hold pending..." or "we will not be moving forward with this deal" or "no transactions have occurred" and that's on every single one of Huffy's deals ALL OF THEM and that's from the 10q's bud not from some ticked off shareholder or former shareholder.
I've also posted on this very board two lies from Huff to the shareholders in black and white and in his own words. So don't sit there and state that Huff doesn't lie to his shareholders. Huff did lie to his shareholders.
http://www.investorshub.com/boards/read_msg.asp?message_id=18547592
Risk you criticized because GTEM didn't put numbers out regarding joint venture. Now your criticizing because they did you can't have it both ways.