Alot of questions regarding news...My two and a half cents if you can indulge me.
If you read the 3/31/06 Letter to SH's.
Globetel Wireless...
At the moment, GlobeTel Wireless is our leading contender for near term profitability on a significant scale. Like the other Divisions, GlobeTel Wireless will achieve its greatest potential when it is integrated with our (i) Stratelliteä near-space airship, (ii) our “Magic Money” digital, Stored Value Cards, (iii) our StrateVoIP telephony services, and (iv) our Centerline switching backbone which will tie many of these services together into a neat GlobeTel bundle
So I would doubt that any news re: Wireless will be coming too soon as it needs (i) to complete.
Magic Money...
Full Divisional profitability expected in the third quarter of this year
Nope doesn't look like any news there.
StrateVoIP...
The objective for our VoIP Division for the remainder of this year and into the next will be to create a network of such platforms which are intertwined through our proprietary VoIP system, giving users expanded reach to both members and non-members of their ethnic communities around the world. Simultaneous with these initiatives, which we anticipate will produce a Divisional breakeven in the third quarter and significant profit in the fourth quarter, the Division is also working aggressively to integrate its unique technologies into the Hotzoneä Wireless system which will add a multitude of new applications and opportunities as GlobeTel Wireless rolls out its wireless networks around the world. This represents another strand in the ultimate Super-Hub strategy, while creating significant stand-alone profitability in the meantime.
Nope, third/fouth quarter news there.
Centerline...
Joe’s profitability is expected to continue to increase over the course of this coming year— stabilizing at what we anticipate will be a gross profit margin something on the order of $500,000 to $750,000 per month. And, this reliable revenue source has, and will continue to be, important to us while our other Divisions complete their run-up to profitability during 2006. Another secret, by the way, is that Joe’s company-owned switches, combined with his significant network of fiber-optic cable leases— will form a valuable part of our global Super-Hub, once it is in place
Well that already happened. I believe it was reported that $350k/mth NET was acheived.
BUT there is a hint at the end of the paragraph.
Sanswire— The Stratellite...
The Sanswire team is planning to flight test Sanswire II, our final “technology demonstrator”, in the immediate future at Edwards Air Force Base. Currently, Sanswire II is undergoing various systems tests and systems integration at our Palmdale, California facility. We’re waiting for clearance from the Edwards Range for the test flights. Having floated Sanswire II in the California desert at the end of February, our Stratelliteä Division, under the energetic and visionary leadership of former NASA Mission Director and decorated Air Force Pilot, Bob Jones, is now prepared to commence its high altitude testing in June, and continue through the summer. First, however, there will be further testing of various subsystems leading to further tethered flight tests. The tethered tests will be followed by un-tethered taxi tests at Palmdale, which is located just a short distance from Edwards AFB. After validating and completing the Combined Systems tests, we will conduct an un-tethered flight test at Edwards, and this is when we will be preparing ourselves, shortly thereafter, to break the World Altitude Record for an Advanced Rigid Airship.
Hmmm, June is a little more than a week away.
I would bet it won't be until June for bigger news unless some of the things that were not mentioned but were in the works get signed. We can only hope and support at this point.
Over and out. Go Redsox.
