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It's also possible Huff's name could have showed up on the UBS secretive Swiss bank accounts turned over to the government. Should that be the case he better cooperate with the SEC so he can have a clean slate and concentrate only on dealing with the IRS.
How can anyone complain about naked shorts and Sanswire when for the past year it has just about performed as good or better then Citibank, Apple and Microsoft.
Click here: SNSR.PK Chart - Yahoo! Finance
http://finance.yahoo.com/echarts?s=SNSR.PK#chart1:symbol=snsr.pk;range=1y;compare=msft+c+aapl;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
My thoughts are to buy all the SNSR stock you can now, while it is still trading.
Tim Huff no longer CEO, Network 1 name changed to Buzz Broadband.
Buzz Broadband CEO Mike Cassity said the St. Louis-based wireless Internet provider
decided to be the event’s Olympic sponsor as a way to get involved with an organization that represents its core values.
Buzz Broadband announced the deployment of its citywide wireless network in Chesterfield over the summer. The implementation of the Chesterfield wireless project andother municipal networks, powered by Buzz Broadband, is expected to occur over the
course of the next several months.
About Buzz Broadband
The expansion of Buzz Broadband’s wireless network furthers its mission to provide residents and visitors of St. Louis municipalities the ability to access the Internet from any
home, business or public area at affordable rates. The Buzz Broadband team of executives, engineers and staff are committed to launching the nation’s largest municipal wireless network. Buzz Broadband provides an easy-to-install, low-cost service with high quality,proven technology. For more information on Buzz Broadband, call 636-614-1364
or visit the company online at www.network1communications.com
http://www.stlouisgymcentre.com/slgcopen/FinalPressReleaseBuzzBrdbndGynmasticsEventShannonMiller.pdf
So what good is the company to the shareholders when the crooks took everything.
In reply to: "Their going after the crooks not the company. Why should the shareholders suffer. Go get them irs. Very good news for sanswire"
Additional info on Global Telesat Corp
Registered Office:
51 Lyon Ridge Road
Katonah
New York, 10536
USA
http://www.gtc-usa.com/cgi-bin/mf000003.pl?ACTION=SHOWFORM
Details of office:
http://www.zillow.com/homedetails/51-Lyon-Ridge-Rd-Katonah-NY-10536/33008289_zpid/
You missed the Huff - Uli connection:
"Trimax Wireless has several successful deployments, including a city-wide wireless network in O'Fallon, Missouri. "We evaluated many different wireless infrastructure products. The TMAX product line was the only product that allowed us to deliver the service level we wanted at an infrastructure cost that supports our business model," said Mark O'Neal Vice President of Business Development of Network 1 Communications."
http://findarticles.com/p/articles/mi_m0EIN/is_2008_July_30/ai_n27953021/pg_1
Hoping SNSR succeeds in bringing an airship to market soon. They sure could use some off the coast of Somalia, as long as they can get their ship high enough so the pirates can't hijack it.
Happy Thanksgiving!
Let the court decide.
Isn't that private and personal info That only an attorney would be able to obtain?
JMburke could easily provide the answer,if he is Rob with a yes or no.
Could be the attorney found out that JMburke is Rob? Only explanation I can think of.
What's goin on, all the good news coming out and the stock keeps going down?
Never be able to make any money at this pace.
followingte, Could you please tell me where I would be able to find a reputable broker where I don't have to make a phone call everytime I try to make a trade. I am having problems trading certain stocks like gtem. Thanks.
It appears to me many problems were mentioned in the FORM 10-KSB in the years 2003 and 2004 by Dohan and Co. I can't see how the problems in 2005 only, would be a fact. IMO
<PAGE> 87
For the year ended December 31, 2003, the Company's independent auditors, Dohan
and Company, CPA's, P.A. ("Dohan") advised management and the Board of Directors
by a letter dated March 30, 2004, that in connection with its audit of the
Company's consolidated financial statements for the year ended December 31,
2003, it noted certain matters involving internal control and its operation that
it considered to be a material weakness under standards established by the
American Institute of Certified Public Accountants. Reportable conditions are
matters coming to an independent auditors' attention that, in their judgment,
relate to significant deficiencies in the design or operation of internal
control and could adversely affect the organization's ability to record,
process, summarize, and report financial data consistent with the assertions of
management in the financial statements. Further, a material weakness is a
reportable condition in which the design or operation of one or more internal
control components does not reduce to a relatively low level the risk that
errors or fraud in amounts that would be material in relation to the financial
statements being audited may occur and not be detected within a timely period by
employees in the normal course of performing their assigned functions. Dohan
advised management and the Board of Directors that it considered the following
to constitute material weaknesses in internal control and operations: (i) the
Company's failure to adequately staff its finance group to effectively control
the increased level of transaction activity, address the complex accounting
matters and manage the increased financial reporting complexities and (ii) the
Company's current monthly close process does not mitigate the risk that material
errors could occur in the books, records and financial statements, and does not
ensure that those errors would be detected in a timely manner by the Company's
employees in the normal course of performing their assigned functions. Dohan
noted that these matters were considered by them during its audit and did not
modify the opinion expressed in its independent auditor's report dated March 30,
2004.
As noted above, the Company has made and is continuing to make changes in its
controls and procedures, including its internal control over financial
reporting, aimed at enhancing their effectiveness and ensuring that the
Company's systems evolve with, and meet the needs of, the Company's business. As
further noted above, the Company is also continually striving to improve its
management and operational efficiency and the Company expects that its efforts
in that regard will from time to time directly or indirectly affect the
Company's controls and procedures, including its internal control over financial
reporting. Toward these ends, the Company has added two more employees to its
accounting staff and has increased the utilization of its outside accounting
consultants.
Changes in Internal Control Over Financial Reporting
As the Company moves successfully forward along its various product lines, new
people have joined the Company while others have been assigned new and expanding
responsibilities. In addition to establishing up-to-date financial controls
throughout the Company to reflect this new organization and expanding market
development, GlobeTel has updated various standards and compliance measures to
reflect its emerging global presence.
http://www.sec.gov/Archives/edgar/data/919742/000114420405009318/0001144204-05-009318.txt
Logandean, something is wrong with this picture. Maybe you can figure it out.
You state you heard at the shareholders meeting, Huff has a use for the Sans1. Because you were there makes it impossible that you would have misunderstood that he was talking about the S2A.
Rocky pointed out from the 3rd quarter business update Huff said in writing: And also stated on another occassion the Sans1 would not have worked.
GlobeTel 3rd Quarter 2005 Business Update and Shareholder Letter
Business Wire, August 2, 2005
<< Page 1 Continued from page 2. Previous | Next
On the technological front, we have been the fortunate beneficiaries of a range of new developments - some derived from our in-house testing activities and others acquired from the scientific community at large. These advancements in technology have allowed us to re-think and to materially enhance our design and testing program. In particular, as we have completed a variety of low-altitude, tethered float tests using our Sanswire One Airship, a number of useful improvements have been identified. This, in concert with our extensive testing, has provided several generational leaps in the materials technology and composition elements of our prototype. Of significant importance, given the weight-to-lift ratios which are fundamental to the operational physics of our Airship, we recently embraced the development of a new, very-light-weight, carbon-fiber, composite material which will allow us to construct current and future airships in a way, and at a pace, which will substantially reduce our time-to-market, while dramatically improving our operating efficiencies. This composite construction will allow for greater platform strength, durability and payload capacities. This new carbon-fiber infrastructure will reduce our operational weight by approximately 50% (thereby increasing the payload capabilities) and, ultimately, it will reduce the assembly time by a similar amount. When combining this new very-light-weight, high tensile strength, rigid frame design with the new battery and fuel cell technologies which have emerged in recent months (which will also result in dramatic improvements in power-capacity-to-weight ratios), we have concluded that the optimal strategy for getting our first commercial vehicle to market, as quickly as possible, is to immediately leap-frog from Sanswire One to Sanswire Two. This focuses all our energies, all the expertise which we have gained to date and all our resources, both financial and human, on efforts which have a clear and immediate pay-off. Sanswire Two has allowed us to "funnel" everything we have learned from Sanswire One into a timetable which will put our first commercial vehicle in the stratosphere much earlier than we had previously expected.
Logandean, I believe if you listen to the shareholders meeting audio again you will hear that Huff said they have a use for the S2A demonstrator. Not the S1.
I think all those projects mentioned went black.
Serious, does the current share price reflect the past, present or future, 37 cents.
You can't look at the present without looking at the past:
Pace Accelerates for GlobeTel Wireless Pilot Testing Worldwide
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--June 16, 2006--In 1878, the world's first commercial telephone exchange was established in New Haven, CT. It had 21 subscribers and the switchboard was composed of carriage bolts, handles from teapot lids and bustle wire. This fledgling operation, humble as it was, signaled the beginning of a revolution that forever changed the way the world could communicate. The revolution continues almost 130 years later as the world demands faster, cheaper and more efficient voice, data and video communications. The GlobeTel Wireless Division of GlobeTel Communications (AMEX:GTE) is working to develop and install advanced communications resources in diverse regions of the world, led by the testing of its HotZone 4010 terrestrial-based wireless technology. Similar in concept to the carriage bolts, teapot handles and wire of yore, the HotZone pilots are the required building blocks from which complete networks will be constructed.
In addition to the recently disclosed U.S. government pilot/test currently underway in California (click here for additional information http://www.globetel.net/06122006.pdf) where the US Forest Service is evaluating HotZone 4010's effectiveness in alerting and preventing forest fires, GlobeTel Wireless has pilots either in progress, concluded or in the advanced planning stages in China, Ghana, Republic of the Congo, Japan, Germany and a second pilot in Mexico for Grupo IUSA (click here for additional information http://www.globetel.net/061506.pdf), one of Mexico's largest industrial conglomerates. GlobeTel Wireless's first pilot in Mexico, for Marcatel S.A. de C.V., yielded the desired result of one half-mile (800 meter) signal clarity using an ordinary household cordless telephone. (Click here for additional information http://www.globetel.net/MexicanPilotTest.pdf)
"Pilot testing is the crucial first step in developing large scale wireless networks," explained Timothy Huff, CEO of GlobeTel Communications. "We've been aggressively responding to the overtures made toward us by telecom providers, entrepreneurial family businesses and governments regarding tests in their particular markets. And, subject to recently-established counterparty screening procedures, we are actively pursuing new opportunities to install HotZone wireless technology wherever quality counterparties emerge and when it makes clear economic sense for the Company. Our technology is currently being closely evaluated by the US Department of Agriculture to combat a problem that seems to only get worse each year -- forest fires. We're gratified that our specially adapted HotZone platform will be tasked by our government with such an important role."
Mr. Huff continued, "To date, the Company has received more than a quarter of a million dollars in pilot deposits. As we continue to advance our HotZone technologies, we anticipate being able to bring a wider array of services and applications to our partners and clients. For example, our newest wireless technology advance, the HotZone 5000, currently scheduled for launch at the end of the third quarter 2006, will incorporate over 1,000 channels of wireless IPTV."
In China, GlobeTel Wireless concluded its 90-day pilot in conjunction with the Shenzhen Railway Company, one of the units of Guangdong Tietong South Communication Co. Ltd. The testing route follows an existing railway line that traverses the bustling Guangdong Province. The half-mile clarity achieved during our Mexico City pilot was perfectly replicated in China. As a result of the successful outcome of these tests, we are currently discussing a joint venture for the construction and operation of a wireless network which will operate in the Guangdong Province, home to more than 80,000,000 people.
In April 2006, in sub-Saharan Africa, the Company was approached by Giant Int'l (GH) Ltd., to develop a HotZone wireless communications infrastructure for the nation of Ghana and for the Republic of the Congo, two underserved telecom markets. Construction of the test bed was paid for by Giant and once testing is completed, GlobeTel and Giant will review the feasibility of a joint venture to operate networks in the two countries.
Following successful pilots in southwest Germany, the buildout of the first -- of three -- German HotZone wireless networks will be completed during the third quarter of 2006. These GlobeTel Wireless ventures in Germany will have a retail focus, providing service for the first time directly to individual subscribers.
The Company continues to make good progress with Japanese telecommunications authorities in order to address a variety of frequency issues in anticipation of beginning a previously-announced pilot in conjunction with the Kashiwabara Token Corp. of Japan.
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.
MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5171560
CONTACT: GlobeTel Communications Corp., Fort Lauderdale
Robert Bleckman, 954-775-1427
SOURCE: GlobeTel Communications Corp.
Copyright © 2005 GlobeTel Communications Corp. Privacy PolicyTerms & Conditions
"He put out a legitimate PR in a timely fashion and it backfired on him. It was not his fault, plain and simple"
That is what the judges will decide. It will be the best thing for all shareholders to know if this company is legitimate or not. Let's have the truth for once.
I remember that, I think it was posted long ago by Rocky or Mailman from a phone conversation he had with Tim. If I recall some parts were going to be used for the S2. Since then they have made the frame lighter from using other materials that were developed.
Reply to: 'holter' "I remember PR stating that Sanswire 1 was to be disassembled and parts used for Sanswire 2. Anybody else remember that?"
Very impressive prediction, I might add! Someone like you who is "in the know" deserved to make a lot of money.
Been going through the list of the 20 most posted sites on Ihub today. Interesting and knowledagable board both pro and con.
Mt bigsky, nice post.
Happy Holidays.
Been going through the list of the 20 most posted sites on Ihub today.
This seems to be the most unusual company on the list. It only traded on 2 days in the last 5 months. Why so much interest?