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Re: nowisthetime post# 25995

Friday, 05/12/2006 9:51:04 PM

Friday, May 12, 2006 9:51:04 PM

Post# of 157299
Interesting observation from Rocky .........Subject: Observation: Posted By: Rocky1 Date/Time: 05/12/2006 8:00 PM CST Message #: 783 of 783.....I find it very interesting that Caterham Financial has not sold any of the almost 13MM shares they have since converting them in December, over 4 months ago. On top of that they are purchasing more shares per the latest 8K. (from 10K) "In December 2005, the Company entered into an agreement with Caterham wherein all 35,000 Series A Preferred shares were converted into 12,931,334 post-split shares of GlobeTel common stock in full settlement of all obligations of the parties."

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