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Mide asks:And do you honestly believe it will be enforced?
In Sanswire's case collecting back taxes probably will not be enforced. The government just doesn't have to give them a contract.
Mide asks:And should it be so, what are we talking about in dollars that SNSR is in arrears, that could not be covered in a flash if need be?
The fact that they don't have a product to sell makes it even a stronger case they will never get a government contract even if they pay back taxes.
Mide asks: Follow...and what does a "directive" have as legal clout?
Update from previous post: Obama signed an executive order telling federal agency chiefs to take steps to bar those companies from receiving new government contracts. The order also directed the IRS to review contractor filings to make sure companies are not lying about the taxes they've paid.
http://wbztv.com/national/obama.contractor.tax.2.1437677.html
lt looks like a contractor was already caught.
Obama cited the example of one company owner who was paid more than $1 million as a defense contractor while owing the government more than $1 million in taxes. But instead of paying his taxes, Obama said that individual bought a boat, cars and a home overseas.
Are there that many government contractors that don't pay their taxes?
Obama said studies by the Government Accountability Office have estimated that the U.S. is owed more than $5 billion in unpaid taxes by thousands of companies that are being awarded government contracts.
http://wbztv.com/national/obama.contractor.tax.2.1437677.html
As of today Sanswire cannot receive a government contract until they pay thier back taxes. So any ties DC has with Obama are void.
Thank Mass. and Brown for the quick action by Obama.
As if in a nod to voter disgust with Washington, Obama signed a directive Wednesday aimed at stopping government contracts from going to tax-delinquent companies. “We need to insist on the same sense of responsibility in Washington that so many of you strive to uphold in your own lives, in your own families and in your own businesses,“ Obama said.
http://www2.turnto10.com/jar/news/local/local_govtpolitics/article/brown_i_dont_expect_delays_in_assuming_office/30003/
This phony company should show the shareholders and the world they have a real product. All they have to do is help the victims of the earthquake with their air drop delivery system. That is if they really have the product.
Autonomous Landing System ‘PADDS’ for immediate aid.
If transportation routes have become inaccessible through disasters such as earthquakes and floods, then help has to come from the air. Sanswire-TAO has an autonomously flying parachute ‘PADDS’ for a safe deposit of goods, such as food, accommodations and energy systems from the air. The PADDS-Para glider is dropped from a plane or a helicopter and can land autonomously with great precision at a predetermined destination. It is small and light and easy to re-use.
So everyone praises "nilremerlin" for his prediction on the DOW reaching 7500. Anyone can make a prediction, its acting on it that counts. How many posts on the GTEM/SNSR board I made that came true later, only to be criticized that I have no proof. Well forward thinking about future events is much better then waiting for proof, as many on that board have found out. This will be my last post made on any board using followingte.
Update on post made July 20, 2007 along with the post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=21406944
Dow Jones and Avaya got bought out. Sold Comcast,took a small loss on GTEM. In Aug of 2007 moved my funds to a money market account.
Today I moved all 401K money market funds into Fidelity Growth and Magellan Funds. This week sold all "mad money flipping" stocks that lost money and bought "like kind of stocks", need the tax deductions and may buy them back in 30 days. Been looking for a place in New Seabury area. I feel prices haven't gone down enough to buy right now. Not only did I call things right, I acted on it and I feel I made the right move today, time will tell.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=21406944
Date: Friday, July 20, 2007 12:44:07 AM
My favorite fun "mad money" trading stocks are:
Ivan, eght, glw, sons
My long term stocks: verizon, att, comcast, dow jones, avaya,nisource,Fidelity Growth, Magellan, International Discovery Fund and Institutional Money Market. I hardly pay any attention to these, yet there isn't a day I don't read all the GTEM ihub board and I don't own the stock. I plan on moving all Fidelity funds into the money market before the end of Aug. I feel the market cannot sustain this growth much longer. The Federal Budget deficit is getting to large, trade balance beyond control, American Infrastructure falling apart. To many people overspending because they feel wealthy because of the increased value of their home. I will be looking forward to buying a bayfront home again at Cape Cod in the next couple of years at a distressed price when people who have second homes can no longer afford them because of the rising interest rates. Just a little forward thinking, has been good for me most of my life. Been buying a lot of silver coins and sterling dinnerware sets in the past 4 years for 3 to 4 dollars an ounce and been selling over the past year mostly for scrap, still think silver is a good investment with all the use for electronics and countries like China and India becoming big users, but watching the fine line where abandoned mines will start opening up again if the price gets too high. Have too many things going on. When I need a break I enjoy the GTEM Ihub board. I sure hope everyone makes out ok. The biggest loss is not so much the loss on GTEM but having the money tied up during this record breaking stock market rally.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=21406944
For all the people who contact Rob:
Explain what good has it done anyone to talk to him? I can't understand why anyone would want to contact IR for any company.
Thier job is to present an upbeat picture of the future. I am sure no one here made any money because they spoke to Rob.
LOL
Management and employees of Sanswire will never violate its code of ethics with their new policy filed in recent 10K.
With this new policy they could tell inquiring shareholders anything.
Looks like a positive to me. LOL
From page 58--
Code of Ethics
"We have not adopted a code of ethics." http://www.sec.gov/Archives/edgar/data/919742/000114420408056766/v127816_10ksb.htm
Why bother with Sanswire when 10 shares will get you a share of Globalstar (gsat). Seems like a better investment.
List of successful deadbeat doctors who failed to pay for their collage education gov't loan. This list is by state.
http://www.defaulteddocs.dhhs.gov/state.asp
You may get your 50% gain on TMA yet. Things are looking up for you!
Good luck.
Yea, looks like NCC is going to go down the tubes.
Congradulations on your good score.
I got lucky in Aug. with ABK, and starting to get a little reckless, just how reckless, will know by the end of the week.
Just bought NCC this morning on the downward fall. If this one goes under, I give up on anything to do with financial or banking stocks.
Looking for a quick flip.
I agree with you, makes you want to question the gov't baleout.
I think I will spread my money around to many banks and not take any chances of not being covered by FDIC insurance (which is questionable if they can survive).
SHORT RULES WERE REVISED STOCKS CAN BE SHORTED: SEPTEMBER 23, 2008 SEC Quickly Revises Short-Selling Rules
Shift on Financials, Hedge Funds Sends Traders Scrambling.
WASHINGTON -- The Securities and Exchange Commission said shortly after midnight Monday that it would revise rules to curb short selling that it had issued just three days before.
The SEC's latest change of direction on short selling caught some market participants off guard and prompted criticism that the agency has miscalculated the impact of its rulemaking.
The SEC, in a release issued at 12:26 a.m. EST Monday, reversed a position it had taken Friday when it said that market makers couldn't short financial stocks after Friday. The new rules as of Monday: Those engaged in bona fide market making and hedging activity, including in derivative contracts, could continue to short.
"The purpose of this accommodation is to permit market makers to continue to provide liquidity to the markets," the SEC explained in the revised order. To try to prevent short sellers from using market makers to take big positions, the SEC said market makers couldn't short for a customer if it would give them a net short position in the security.
Also Friday, the SEC issued a temporary ban on short sales in nearly 800 financial stocks, including those who make markets in the securities. In a short sale, investors borrow shares and sell them, hoping the stock will fall and they can buy it back at a lower price.
The agency said Friday that hedge-fund and money mangers needed to disclose short positions the first Monday following the trade.
Monday's rules: Hedge funds still must disclose their positions to the SEC, but the SEC won't make the trades public until two weeks later. The SEC also announced Monday that it had delegated to the stock exchanges the decision about which company makes the no-shorting list.
The SEC's Friday no-short-selling list left off some companies with large financing arms, such as General Electric Co. and Credit Suisse Group, while other companies not embroiled in the financial crisis, including some health-care insurers, were included.
The Monday change prompted NYSE Euronext to send blast emails to its listed companies asking them to identify themselves as fitting criteria laid out by the SEC. Companies that were U.S. or foreign banks, brokers, money managers or parent companies of such financial institutions would qualify. Companies could also opt out from the temporary ban.
The NYSE added 71 companies by Monday evening, including GE, General Motors Corp., Credit Suisse, GLG Partners, Canadian Imperial Bank of Commerce, American Express, Legg Mason and Moody's Corp. That list could grow. The Nasdaq OmX Group added 66 companies Monday.
The government response to the market upheaval has in many ways been unprecedented, and the SEC has been under pressure to do something from Wall Street chiefs, who were pleading for relief from short sellers they blame for driving stocks lower.
Erik Sirri, director of the SEC's trading and market division, said when the agency crafted the order Thursday night, they knew there would be amendments to the rule, but didn't want to craft them until after they spoke with market participants over the weekend.
Mr. Sirri said that while the SEC was aware of the implications the temporary short-sale ban would have, "the rule reflected a compromise balancing the limits of our authority, the need to avoid triggering a close-out event in OTC derivatives, and the demand for legitimate hedging by market makers."
But the agency's inconsistent response has opened it up to attacks -- including by Republican presidential candidate Sen. John McCain, who said last week that SEC Chairman Christopher Cox should be fired.
"It looks like we have a bunch of amateurs that don't know what they're doing," said James Angel, an associate professor of finance at Georgetown University. "To come out and say let's ban short selling shows the desperation of the regulators, and it shows the fact that they really haven't been thinking things through."
Monday's hastily revised rules prompted more critiques.
"Obviously, the amendments today are an attempt to remediate a failure to consider carefully what was going to happen," said Lawrence Harris, a former chief economist at the SEC from 2002 to 2004. "With the SEC basically granting its regulatory authority to the exchanges, they're basically asking the exchanges to write its own regulation. That's an extraordinarily irresponsible delegation of responsibility," he said.
The SEC "just decided from a risk point of view that we needed a time-out," said Charles Jones, a finance professor at Columbia Business School. "There are a lot of us out there who are wondering what the SEC is thinking, whether they've gone off the rails here."
Write to Kara Scannell at kara.scannell@wsj.com
http://online.wsj.com/article/SB122212684715765237.html#printMode
The real sting could come when BAC buys the good assets from Lehman at bankrupt prices and dumps Merrill.
Why should BAC pay so much for Merrill when all they have to do is keep them alive long enough to the purchase good assets of LEH cheap enough. They drop the MER offer and watch their customers switch to BAC/LEH when MER goes bankrupt.
Now thats a STING.
LOL and a better future.
Something wrong in America with this picture when a company like Lehman Brothers goes bankrupt and this company with no assets, no product, has never contributed anything to society is still in business.
holter, if you have that much in losses you have to remember:
If your capital losses exceed your capital gains, the excess is subtracted from other income on your tax return, up to an annual limit of $3,000 ($1,500 if you are married filing separately).
Don't be afraid of buying the same amount sold back at a lower price even if you have a wash sale, it lowers your dollar cost average and adds money in your account.
How anyone can believe in this company is beyond my imagination!
What's left is a 50% interest with a company who failed to sell an airship years ago. Add that with it's former CEO entering the same field. Add to that the company having no money. Add that to the fact lawyer's being CEO and COB whose only interest is to protect THEMSELVES from the SEC.
This company even made a mockery out of the faithful shareholders when it was selling it's T shirts for $35.00+.
Now here is a company that spent thousands of dollars advertising on NASCAR, Los Vegas shows to promote their name and product. And yet they wanted to rip off the loyal followers, who would be more then willing to wear, advertise and promote the company they supported. Just happy to see no one fell for it and bought one.
Now what I am trying to say here is:
There was at the time an expected strat launch, multi million dollar deals with Germany and Russia, millions coming in from Centerline and huge money expected from the launch and partnerships of the Stored Value Card. Yet they still stooped so low to overcharge the shareholders for a T-shirt that would have allowed them name recognition. Tel tale sign of a rip off company....and I am willing to bet if this could be looked into, this was Tim Huff's way of trying to make some fast money for his son. Dad just wanting to show son how to make a quick buck. They closed the on line store before the last shareholders meeting, What was left should have been given free at the shareholders meeting, what did they do with them ...throw them away? I'll tell you why they weren't because they were made up on a per order basis so Huff's son could make money without laying up anything.
This is just another company who digs in cesspools and gives the shareholders O' Henry's. IMO
PS: I just hope no strong supporter was stupid enough to have a tattoo with the Sanswire or Globetel logo.
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
I'll see if I can help you get the credit you deserve.
Good luck!
GTEM should never let Khoury keep his laptop....now look what he's done. Murch must have found his book that Globetel owed $100.00 for and kept it.
If I were a shareholder of GTEM I would contact the CEO and COB to file a lawsuit and demand them back. Otherwise those 2 possessions could put Sanswire out of business. That is just about all they ever had to go on.
Khoury shouldn't get his departure payment, I am sure as smart as JL is being an attorney and CEO he must have put in a non competitive clause in the departure agreement.
This scam never ceases to amaze me. LOL
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
WarpCore61, Recommend you do some research on GVRP/MAMG and BCIT. Those were pretty close to this scenario. In the former, someone sold post-split shares into a pre-split market. In the latter, someone sold fake stock into the market.
I think you'll be quite surprised that when there's a bunch of fake stock in the float the system doesn't work how you assume it will.
In one case after they won the case in court where they managed to find the person creating the fake shares who were found guilty and paid the price of the phantom shares to the company.
The SEC stopped the company from trading until the counterfeit shares were accounted for and located.
In the other case the company just added the fake shares into the count and did a reverse split.
To sum both cases up, it hurts the shareholder and no justice ever happened that helped the shareholder...best that the company just accept it.
IMO I believe this will be found to be done by insiders of GTEM. Time will tell.
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
Globetel has 2 prominent attorney's as CEO and as COB. How can they be involved in any scam, everyone knows how honest, trustworthy and the high standards of integrity lawyers possess. The SEC will have a tough time finding anything on this tag team.
Mr. Kostro is an attorney specializing in banking and finance currently residing in Warsaw, Poland. His primary focus over the past 5 years has been merchant banking activities, financing both private and public companies, arranging mergers, acquisitions, business combinations, taking private companies public (IPO's) and restructuring public companies to take advantage of the ever-changing market opportunities. Mr. Kostro has conducted business all over the world having lived in the Far East for many years and has very strong ties and relationships in India, Asia, Europe, Africa and the Middle East.
ADGI Announces Management Changes:
http://findarticles.com/p/articles/mi_m0EIN/is_2001_Dec_10/ai_80685850
Przemyslaw L. Kostro, Chairman, was first elected to the Board of Directors in
November 2001. From November 2001 to April 2002, Mr. Kostro also served as the
CEO of GlobeTel before relinquishing the position to Timothy Huff. Over the past
five years, Mr. Kostro has been an attorney engaged in international law, and
has been providing professional and consulting services to several large and
mid-sized entities in Europe. Mr. Kostro resigned as a Director in October 2005
and was reappointed as Director and Chairman of the Board in October 2006.
10KSB SEC Filing, filed by GLOBETEL COMMUNICATIONS CORP on 7/9/2008:
http://sec.edgar-online.com/2008/07/09/0001144204-08-039155/Section31.asp
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
OK Risk, you ask for a verifiable positive, something that can be proven OUTSIDE globetel's pr machine or websites.
HERE IT IS:
Through various name changes and for many years this stock has been proven to have all the earmarks of a typical pump and dump scam. The record of the past speaks for itself.
If the SEC doesn't shut them down.
I see no reason management will not continue this pattern.
IMO this makes it a positive for those who can recognize the pump and then dump ahead of the game. Just in the past month you can see this happened a couple of times.
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
Another Pink Sheet company that appears to have an advantage over Globetel,... WENR Corporation
They claim they have a contract with a Government contractor http://biz.yahoo.com/iw/080505/0393407.html and like Globetel, also have Government representatives observing the flights.
Government Representatives and Commercial Entities to Visit Airship Surveillance http://biz.yahoo.com/iw/080528/0401252.html
This company appears to be to be a mirror image of Globetel as they also have been in many different fields and have never accomplished anything. Like the Globetel/Tao partnership, Wenr teamed up with Airship Surveillance to try to make another attempt to score.
I don't think even J.L. would go as far to say Wenr looks like another South Florida scam company.
..... They are from Los Angeles. LOL.
Airship Surveillance Receives First Contract With Government Contractor
http://investorshub.advfn.com/boards/board.aspx?board_id=4629&NextStart=3577
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
Axel, I think GlobeTelX is what you are looking for:
http://www.secinfo.com/d12TC3.v6k2.d.htm
STATUS REPORT Date Released: Friday, November 21, 2003http://www.spaceref.com/news/viewsr.html?pid=11072
I guess you didn't see that at the top of the page. Good try.
I am sure Globetel already promoted this in the past.
LOL
Posted by: Baghdad Bob Date: Wednesday, July 02, 2008 12:55:17 AM
In reply to: None Post # of 105365
These boys are looking to solve a problem. Maybe we can help.
General Information
Contracting Office Address
NASA/Dryden Flight Research Center, Code A, P.O. Box 273, Edwards, CA 93523-0273
Description
NASA/DFRC is hereby requesting information for potential sources and partners for the design, development and flight testing of a series of High Altitude Long Endurance (HALE) Remotely Operated Aircraft (ROA) which can fly at altitudes above 60,000 feet with the potential of remaining aloft for weeks to months. The vehicles will be designed to carry a variety of payloads of various weights up to several hundred pounds each and with a variety of power requirements. The vehicles will operate worldwide through mild to moderate weather conditions. The vehicles will have to operate in restricted airspace, National Air Space and potentially over population centers. The vehicles will be controlled from a portable control center with a minimal crew for flight control, flight planning and operations of payloads. Varying degrees of autonomous capabilities and the ability to operate beyond the line of sight from the control center will be developed for the aircraft. Currently four HALE ROA Performance Objectives have been developed. Each performance objective addresses a capability set. Performance Objective #1 will lead to a vehicle that can climb to and sustain an altitude of 60,000? for 7 to 14 continuous days with a payload of 200 kilograms without refueling. The aircraft will be capable of both station-keeping at a particular longitude and latitude or following specific weather phenomena over very large areas such as the Pacific Ocean. In the course of developing the aircraft designed to meet Performance Objective #1, NASA and its industrial partner(s) will review, clarify and possibly modify the proposed requirements. The partnership will jointly: develop the design(s) to meet the requirements, model design performance under operational conditions, and execute plans for the development and flight testing of the vehicle. No solicitation exists; therefore, do not request a copy of the solicitation. If a solicitation is released it will be synopsized in the CBD and on the NASA Acquisition Internet Service. It is the potential offerors responsibility to monitor these cites for the release of any solicitation or synopsis. Interested parties having the required specialized capabilities to partner with NASA to develop a HALE ROA able to meet Performance Objective #1 should submit a capability statement of 5 pages or less indicating the ability to perform all aspects of the effort described herein. Technical questions should be directed to: John Del Frate, HALE ROA Project Manager, phone # (661-276-3704), email: john.h.delfrate@nasa.gov. NOTE: THIS IS NOT A REQUEST FOR PROPOSAL. THIS IS NOT A FORMAL PROCUREMENT AND THEREFORE IS NOT A SOLICITATION. THIS NOTICE IS NOT TO BE CONSTRUED AS A COMMITMENT BY THE GOVERNMENT TO ULTIMATELY ISSUE AN IFB, RFP, RFQ, OR CONTRACT.
Email your questions to Rosalia Toberman at rosalia.toberman@dfrc.nasa.gov
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
Nil, you ever see this one...interesting from Bosch Aerospace.
Worth watching.
They say it will cost 20 million to lift 430 pounds to an altitude of 45000 feet.
How to build and fly a UAV Airship Blimp
No offense Mide but you seem to be disclosing more information to this board then Rob has through his PR's. As pointed out many times on this board the false information through either your relay of Rob's messages or your own thoughts. At the last shareholders meeting how far were those fingers held apart by the COB? LOL. And you tell me I have no idea what I am typing.... although it is possible you could be right if Rob is not on the payroll and is the "secret private investor" and posts on this board,... get the drift.
You also say: "That funding has been very efficient in carrying this company to the point where it is currently."
Thats great when a company like GTEM never paid one cent in taxes, doesn't pay the bills owed to a tax paying company and possibly forces another company to go BK or causes employees to get laid off.
Mide for you to continually present this company only showing it's bright side is shameful.
I only hope should they have a product to sell this company gets stiffed like they stiffed everyone else...no company deserves it more.
This is the post of yours I meant to refer to in my last message: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30243707
Your doing such a good job of disclosing information maybe it is a good time for GTEM to reduce the payroll and get rid of Rob. Smart move to have someone pay the company as a "secret private" investor then to pay for an investor relations person.
How do you know the company isn't leading you on like Rob was doing to you in the past?
Who is the owner of Sanswire-TAO and the technology behind this program?
Sanswire Corp and TAO Gmbh are partners in a 50/50 JV where the two companies own and operate a US company which owns the patents and Intellectual Property powering the vehicles for the territories of USA, Canada and Mexico.
http://www.sanswiretao.com/faqs.htm
Anyone understand this and care to explain?
Who owns the rights to South America, Europe, Asia, etc.
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
Butch, I hope your right when you say: You can bet once the numbers are out, the news will follow.
I hope your right and the volume goes into the millions a day, can't stand following this company for so long without doing any trades. Bring back the good ole days, with over promotions and wild price swings. Hopefully the scam will work well with a new name for day traders. A reverse split would also help with bigger daily price fluctuations.
All in my opinion of course.
With the SEC breathing on GTEM's back it is only right that they deny any knowledge of past dealings with convicted scam artists. It was discussed on this board with detail showing how Globetel associated and became involved with thiefs in the past. Guilt by association in my book.
GlobeTel Announces Marketing and Consulting Agreement with Coldwater Capital
Business Wire, July 30, 2003
E-mail Print Link Sports Editors/Auto Racing Writers & Columnists
MIAMI--(BUSINESS WIRE)--July 30, 2003
GlobeTel Communications Corp. (OTCBB:GTEL), today announced the engagement of Mark Neuhaus and Coldwater Capital for the marketing and consulting of GlobeTel Communications Corp.
Mark Neuhaus is a professional racecar driver. Neuhaus has been driving for the Dick Barbour Porsche team and the Intersport Racing, Banana Joe's in the American LeMans series. In the 2000 season the team won ten out of twelve races including the 12 hours of Sebring. In the 2001 and 2002 seasons the team won the championship in their class. For the 2003 season Mr. Neuhaus is driving for the Saleen/Konrad factory team.
The teams have been proudly sponsored by the Porsche North America, Michelin Tires, Mobil 1 Oil and Pirelli Tires. These four companies will use the car in advertising worldwide and GlobeTel will have its logo alongside of these sponsors on Mr. Neuhaus's racing car. Between all of the television and print media both press and advertising material this results in millions of impressions for GlobeTel.
Mr. Neuhaus has also signed a consulting agreement with GlobeTel to market and distribute the GlobeTel Magic Money debit/credit card prepaid calling card. Mr. Neuhaus has been involved with prepaid calling and the distribution of these types of calling cards for several years now. With his unique access to large worldwide companies, GlobeTel and Mr. Neuhaus plan to provide new and large scale distribution of the GlobeTel produces and services.
The compensation for Mr. Neuhaus's services will be based on $2,500,000 worth of options provided to Mr. Neuhaus which he will purchase from the company. This represents the first phase of GlobeTel's fund raising. GlobeTel plans to finish all fund raising activities within the next 60 days.
Tim Huff, CEO of GTEL, stated, "With the alliance from this agreement, GlobeTel plans to rapidly grow its distribution and exposure of GlobeTel's products and services. Not only does the exposure of the marketing from this agreement assist GlobeTel to launch its services worldwide, but Mark's connections within the large scale distribution companies of these products and services offer great opportunity."
Additional information concerning other areas and topics of GTEL can be found on our web site at http://www.globetel.net .
19) Mark S. Neuhaus, age 49, is a racecar driver who resides in New York, New York. He participated in the unregistered public distribution of Universal stock and engaged in fraudulent conduct.
http://www.sec.gov/litigation/complaints/comp18636.htm
http://findarticles.com/p/articles/mi_m0EIN/is_2003_July_30/ai_106047942
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
What part don't you understand when the post starts with look's like.
Mig, according to Rob in a post made by Mide:Regarding Mexico, we are not going to be pursuing a jv based on a wifi broadband business model, those have not proven to be profitable for anyone, anywhere. Our focus is the airships only- any wifi activity will be related to communicating from the platforms to the ground below. We still enjoy a relationship with the Peraltas, and if they come up with a profitable way for us to establish our footprint in Mexico, we are more than happy to work with them. Otherwise, we are sticking to what we believe is the best way to move the company forward, or upward- airships.
See the bold part, Looks like Mexico put the nail in the coffin for Globetel's Hotzone. Hotzone wireless was what impressed the Navy in the last demo and got them an invitation this year to cover up to a 100 mile area communications package. So what are they going to tell the Navy when a date is set......The airship SAS 2 is in a box in Germany.....We will bring the airworm (whatever) from Germany once we find a shipper who will take credit.....We have no Hotzone communications on the ground as were in a dispute with Trimax over ownership rights......We will need more time to set up a program to communicate with the existing operations you presently have......With such short notice as to the location of this demo, it would not be possible to participate.
http://internetcommunications.tmcnet.com/topics/broadband-mobile/articles/17259-globetel-communications-participates-us-navys-limited-objective-experiment.htm
To further point out the relationship between Nasa, Germany Mexico, and everyone else was a complete failure and no reason with the Navy will end up the same way which reflects in your stock which is priced at the value of an empty beer can. (An empty beer can could become a collectors item or the value of aluminum could go higher also it can always be redeemed for a nickel which could make it a better investment then Globetel)IMO
Mig it seems I touched a nerve when I made a post saying. I honestly hope you of all people continue to hold and buy more stock...you deserve it....Lol.
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
Mig, Made my reply to you:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29627750
Looks like Mexico put the nail in the coffin for Globetel's Hotzone. Hotzone wireless was what impressed the Navy in the last demo and got them an invitation this year to cover up to a 100 mile area communications package.
"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."
No Hotzone to demonstrate airship technologies developed by Sanswire Networks,which was to be integrated with its proprietary HotZone wireless communications technology. Of course they could partner with Huff or Uli.
Do you really believe Globetel will still have the demonstration with the Navy?
Well Mig, all I know is the Globetel logo had 5 spokes on the wheel. It looks a little wobbly right now with 1 spoke. Your vision is alot like Tim Huff's, he was smart enough to give up and move on to something else.
Nim, I must be confused I didn't know Globetel had a SAS-51 airship with any capabilities other then being tethered to a pickup truck. I thought the demo that was done was for the wireless communications done using the Trimax team. Then again you must know more then I do your a long shareholder.
According to Bleckman, "Regarding Mexico, we are not going to be pursuing a jv based on a wifi broadband business model, those have not proven to be profitable for anyone, anywhere."
So much for past and future Navy's Limited Ojbective Experiment Invitation.
What this company MAY have right now is a possible 50% ownership in the Tao-Sanswire venture.
It actually looks to me like Globetel will become a holding company like CGI whose only asset will be the stock held in the new Sanswire Company to be formed. They get to keep the present Globetel shareholders without giving new shares in Sanswire, knowing these same shareholders would also buy Sanswire stock.
If I were a scam artist that is the way I would do it.
I think your right about Sanswire Corp; but not listed on the OTCBB because I don't think they will ever want to be an SEC reporting company. IMO they are setting the company up to be listed on a South American exchange along with the German exchange. Why else would they have all the web sites in South America?