Very good points Frog, but with the corrupt SEC and the Federal non-oversite going on, shareholders are being asked to lay back and take being financially raped.

Yes, you are so correct. The management at DNAGE should have been spending their days more constructively instead of trying to destroy the shareholders lives!

Oh cut it out with the "High Risk" crap! Most of us knew it was high risk from the beginning.I accept the risks of any penny stock, when the stock doesn't make it because it couldn't compete or the product didn't catch on etc. then thats the way it goes.
When its due to incompotance or corruption, then that risk stuff goes out the window in my opinion.When investors are scammed by the people they trust their savings to and their investment is used to provide a good living for the top executives of the small company, with the milking of the investor as the top priority and NOT the growth and shareholder value, then the risk excuse is gone!
If Frudakis and the rest of his gang made it their #1 goal to increase shareholder value and produce something that the public would want to buy and still failed, I would be 100% satisfied that at least they tried, but most penny stocks are scams and the govt. allows this scam to proceed unchecked!

Oh come on Liz67,

All stocks are risky! We are aware of that, but unlike Microsoft and other legit companys, Enron and DNAG are/were frauds! Microsoft has products and ideas that people want to buy and invest in, so taking a risk is very minimal,DNAG has given us NOTHING of value and never was created to bring the public a quality product etc.

It's one thing to invest in pennies and we all agree that it's a big gamble. It's another thing when 99% of all pennies are scams and are legal ways for these companies to milk investors of $$$ while not having any financial plans in place.I have invested in many companys over the past 15 years that I researched and thought perhaps that this small company can grow with the right products and hard work. They were transparent companys for the most part that tried to expand and increase shareholder value. DNAG/DNAP has NEVER in my opinion tried to be transparent and increase shareholder value. They have always been about making $$$ for the people at the top and had no intention of growing the company.
So, bottom line with me is that small startups that have a potential to grow and are shareholder responsive are good, these guys are outright scam-artists in my opinion and I hope someday the SEC will clampdown on scum like them.

And to admit it will do what? I bought into the BS 8 years ago and I wish I never heard of DNAG. I could say that about 99% of all otcbb stocks though. I think almost all of them are corrupt and are legally allowed to rip off investors at will by the equally corrupt SEC.

Last trade at 10:24, and I agree the company never gave a damn what the shareholders thought. After 8 years you would think I would know better.

No trade in 1 hour and a half? What a joke.

More like nobody buying! A whopping $75 traded in 30 minutes! I guess a lot of people really feel the potential of this company! lol

first trade at 9:53 for 20k shares.

You are lucky, I feel like I got kicked in the nuts!

Can anyone explain what this actually means to long term holders who bought years ago? Should we hold until sale goes through? I hope this gets explained soon by the companies involved, we DNAP shareholders deserve better for what weve been through!

I hope the management team gets off its collective butts and show some initiative for once. I mean we have onlt traded 248,000 shares so far today at .005 for goodness sakes, thats only a little over $1200! Are these people serious about growing this company or is status quo ok for them as long as they get their $$$? After 7 years of watching this stock stagnate, I just wish they would show some creativity and aggressive pr soon!

Can someone explain why it took almost 5 months to get this out? And is this really such a big deal? I dont think it will have any long lasting positive effects on shareholder value imho. Any comments?

CWID Teams Conclude Favorably On GlobeTel's HotZone Wireless Technology
FORT LAUDERDALE, Fla., Nov. 7 /PRNewswire-FirstCall/-- GlobeTel Communications Corp. (Pink Sheets: GTEM) has been informed that the 2007 Coalition Warrior Interoperability Demonstration (CWID) has yielded a summary of conclusions in its Final Report regarding GlobeTel's proprietary HotZone wireless communications technology.

CWID's Warfighter Operator team's conclusions indicated that "HotZone met its Integrated Communication CWID Objective by using VoIP DECT phones and providing a new technology that streamlined operational decision processes and enhanced the commander's command and control. HotZone's network easily handled broadband data, voice, and video."

The Technical Interoperability team at CWID concluded, "HZ4010 successfully provided an ad hoc network infrastructure for voice, video, and data applications and overall worked as advertised." It also went on to say, "If the government sponsor and/or vendor plan to interoperate the HZ4010 with Department of Defense systems, recommend the government sponsor and/or HotZone 4010/4020 vendor pursue Interoperability Certification in accordance with Chairman, Joint Chiefs of Staff Instruction 6212.01D, "Interoperability and Supportability of Information Technology and National Security Systems," 8 March 2006."

A copy of CWID's Final Report is available at www.cwid.js.mil/public/CWID07FR/htmlfiles/itdir.html, as well as on the GlobeTel Web site, www.globetel.net.

GlobeTel CEO Jonathan Leinwand stated "We're pleased with CWID's report and the results from the demonstrations of our HotZone technology. We feel privileged to have participated in the trials last June. We look forward to future demonstrations our technology to the US Armed Services."

CWID is the Chairman of the Joint Chief of Staff's annual event for demonstrating command, control, communications, computers, intelligence, surveillance, and reconnaissance technologies to combatant commanders from US armed services, NATO, and our English speaking allies. The demonstrations were held in June 2007 at the Space and Naval Warfare Systems Command (SPAWAR) in San Diego.

GlobeTel Communications was invited to CWID to demonstrate its proprietary HotZone technology in support of Homeland Security's demonstration for enhancement of coalition information and knowledge sharing capabilities among allied and other coalition partners. The purpose of the demonstration was to focus on a robust, joint and combined, inter-operable and multilingual information sharing capability. and for the enhancement of a commander's capability to command, control and coordinate across joint and coalition forces, government agencies, NGOs, and first responders.

About GlobeTel Communications Corp. and Sanswire Networks

The bottom line in my opinion is that for too long the people running the company have primarily focused on making a good living off the company (i.e. suckers like we investors) and not to actually grow the company and spend $$$ being aggressive in research etc.
In my opinion, they are only using DNAG as a source of wealth for themselves. If they were serious, they would focus on marketing new products, buying back stock with their own money and partnering with larger big named companies. I have been an investor for 7 years and I dont see any urgency these people have to grow company and bring value to those of us who have supported DNAG through very little thick and much THIN!

I know, some of you with blinders on will come back and say its not managements fault, its the manipulation by mm's and the lack of capital etc. To a certain extent I agree, but who created all the problems that allowed for any manipulation? It wasn't me or any of you here.

The mm's are having a field day with DNAG today. Down to .0084 for crying out loud. How can any investor take this company seriously when everytime there seems to be some hope, a chance that its future may be legit, it gets hammered. The people running the company are either inept or plain blood-suckers. They are not putting an aggressive plan to increase shareholder value, they seem comfortable just to take their $$$ and the Hek with those of us who invested in a "real" company!

Why are they still trying to scam investors? Please give this up already GTEM, haven't people been hurt enough the past few years!

You mean the people who ran GTEM? They are the only sociopaths and liars here!

Bull! You are still making excuses for thieves and scammers. There isn't one honest person in charge at GTEM and never was. To say that, oh well, I knew I was taking a risk doesn't cut it anymore. I'm sick and tired of companies being allowed to scam people for so long without regulaters doing somthing. Why have BOD's, why have auditors why have an SEC ? This is a joke!

Sam,

I'm with you 100% on this buddy. I hope those lying scum who knew all along the past few years will be prosecuted. I'm not hopeful about recovering anything, after 8 years of agony with this POS company, I gave up hope long ago. Unfortunetly, the people who run these phony companies seem to get away with scaming thousands of shareholders and hurting many families. I knew that I was taking a risk, but that doesn't mean that we should be scammed.

You hit the nail right on the head imho.

More Intent BS?

GlobeTel Signs Letter of Intent To Acquire 50% Stake in Recognized Aerospace Innovator TAO Technologies GmbH, Restructures Sanswire
Wednesday September 26, 9:45 am ET


FT. LAUDERDALE, Fla. and STUTTGART, Germany, Sept. 26 /PRNewswire/ -- GlobeTel Communications Corp. (Pink Sheets: GTEM - News), parent company of Sanswire Networks LLC (Sanswire), and TAO Technologies GmbH, Stuttgart, Germany today announced that the two companies have signed a letter of intent whereby GlobeTel will purchase 50% of TAO, and TAO will be renamed Sanswire-TAO GmbH. The company will be focused on the design, development and production of unmanned aerial vehicles. It is expected that Sanswire-TAO will be based chiefly in Stuttgart, and maintain a presence in both Berlin and California. The acquisition of 50% of TAO follows the October 2005 development agreement between Sanswire and TAO that resulted in the construction and testing of the Sanswire 2A.
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The letter of intent calls for TAO and GlobeTel/Sanswire to share sales and marketing rights of various aerial vehicles developed and currently owned by TAO. Additionally, upon closing of definitive agreements, TAO will grant to Sanswire-TAO the respective patents and intellectual property rights covering the products, including the AirChain segmented airship. Sanswire assets, including the 2A Technology Demonstrator Stratellite(TM), are being shipped to TAO's German facility to incorporate design changes based upon flight test data from the ship's test flights, and, specifically, advances made by TAO since the Sanswire 2A was originally designed.

Under terms of the agreement it is anticipated that the principal shareholders of TAO Technologies will sell a 50% interest to GlobeTel for a combination of cash and stock payable over three years. Professor Dr. Bernd Kroplin, founder and President of TAO, will preside over the newly formed subsidiary which will focus on further development of the Sanswire 2A, SkySat(TM), and the AirChain. The companies expect to complete several free flight tests of their aerial vehicles this year as a portion of Sanswire's development and testing is shifted to Germany.

"I'm extremely pleased to work together with Dr. Kroplin and through our joint efforts we expect to rapidly unveil a comprehensive Sanswire-TAO product line which we will immediately demonstrate and market to our technology partners," stated Jonathan D. Leinwand, Chief Executive Officer.

"We are happy to renew our relationship with GlobeTel and Sanswire," said Dr. Bernd Kroplin. "Together we can create airships to take advantage of the expanding market for UAVs."

Mr. Leinwand continued, "Together with TAO we believe in the global sales potential that our products have in a wide array of industries. This is a big step in our newly adopted business plan and the entire GlobeTel team stands proudly with TAO and Dr. Kroplin as we combine to produce some of the best unmanned aerial vehicles in the world."

About GlobeTel Communications Corp. and Sanswire Networks

GlobeTel Communications Corp. develops and provides an integrated suite of terrestrial and aerospace telecommunications products and services, leveraging its advances in VoIP and Wireless Access technologies. Sanswire Networks is focused on the construction of the Stratellite(TM) and SkySat(TM) airship platforms, capable of carrying payloads that transmit various types of wireless communications and security solutions. For more information, please visit the GlobeTel websites: www.globetel.net , www.sanswire.com and www.globetelwireless.com .

About TAO Technologies GmbH

TAO-Technologies GmbH, in cooperation with the University of Stuttgart, led by Professor Dr. Bernd Kroplin is highly regarded throughout the world for research, design, development and flight testing of various designs of aerial vehicles.

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, including an ongoing formal investigation by the U.S. Securities & Exchange Commission and delayed filings of quarterly results, any of which could cause the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. The closing of the acquisition of 50% of TAO is contingent upon standard due diligence and final definitive documentation. As a result, there is no guarantee proposed transaction would close. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.




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Source: GlobeTel Communications Corp.

I think it's taped to her forehead!

Ask him why if there is so much potential with DNAG, we have only 10,000 shares traded in 40 minutes? That's what $65 total!
Come on, the only ones that ever will make money on this "company" are DR.Fru and his cronies in Management.

They are milking it for all it's worth and then come the Reverse Splits and the shareholders that invested their hard earned $$$ get screwed. I know that we made that choice, but let's have some sense of honesty here. After so many years of so called potential, it starts to get very old!

Oh, and please dont come back with "If you dont like it just sell" crappola!

Thank you for that free advice! lol

How lovely,

The market is up 200 points and this stock which is barely over a half penny per share cant even muster up 500,000 shares traded!
I have been invested for over 6 years and the people running this company either are milking it for all its worth or are incompotent idiots (Maybe both?)

Thank You for coming down on the pumping/bashing posts. It is a breath of fresh air.
I am wondering why the low volume though? The pps is under 1 penny and yet we cant get any volume- 1,000 shares in almost 1 1/2 hours?

Whats going on? No trades since 9:31 am?

Chrisbaskett,

I suppose Drakula thought he was doing people a favor when he bit their throats. He gave them imortality! I equate Dutchess to Drakula!

This company is a complete joke! All they ever do is blame others for their failures and continue to make mistakes on the backs of shareholders. You really think that so many negative things happening to this company (shareholders that is) are the fault of outside forces etc.?

Boy, a sub-penny stock and only 143k shares traded? This company needs major pr push and new blood asap! That is if it truly is trying to offer a legit product and not just make the management a good living while saps like us buy. This is all too rampant in the otcbb world though.

NEWS

http://biz.yahoo.com/iw/070618/0267374.html

Sirius,

Why dont you let this play out and stop making excuses and trying to come up with reasons for all the bs this man and this company has done wrong the past few years. All you do is come up with excuses everytime people question GTEM.
You dont like it when people come here and speculate that Huff is a crook, so please wait and see. I have my suspicions based on years of this guys twisting of "facts" etc, but I will wait and see what happens.

Crockboy-

Why would that make you happy? hummm

You can spin this anyway you like, when it went up to almost .02, you kept your smart mouth quiet. Now you come here and post your wise remarks, you sound like a little fool!

Watch the smart traders and buy at this low- I DID and in the end we shall see who laughs last!

Great, at this rate we should be fully tested and ready to go by Oct. 2010! lol

What the hek is that? It aired 1/29/07 and they post the news today? Can the idiots at GTEL please get a brain ASAP? I think this is beyond insane, why post it now? What good does it do almost a month later?
I though new management was going to put out pr's with meat! Where's the Beef?

Doc Frud,

You and Froggie claim pumpers are here day and night pumping DNAG. Well, that would make sense. They own the stock and are excited about the steady upward movement and potential of the stock. We stand to gain if our investment succeeds. Now, why are you two posting night and day and what do you have to gain by bashing? hummm