And my final positive note, the news has been out for 2 months...
To you, our shareholders, I can only assure you that you have one of the most committed, dedicated, hard working, focused and energized management teams to ever occupy the American Stock Exchange. We eat, sleep and breathe GlobeTel. We believe, as we rush to populate our management ranks with more high quality, deeply experienced, international business executives, that the next stage of the company’s growth is now at hand. Our R&D costs and our capital expenditures are behind us and, now, this is the year for ramping up our people resources and our operating profits. Our expanding management team has as its mantra: Deploy the technology. Generate the revenues. This, during the remainder of 2006, is our overwhelming focus. We are striving to make every Division in the company profitable by year-end. Considering the unique, highly marketable technologies that we have created and the many markets that we are already tapping, the future for GlobeTel and its owners (i.e. you and me) has never looked brighter. We thank you for continued support and hope to reward you handsomely for it.
J. Randolph Dumas
Chairman of the Board
GlobeTel Communications Corp.
