I emailed Mr. Kostro and Mr. Khoury this morning asking if there was a Shareholder update coming soon. My phone rang two minutes after I sent it, it was Peter Khoury. Unfortunately a lot of questions I wanted to ask came after I spoke briefly to him.
Here are a couple things I was able to talk about.
The SEC and Internal Investigation are not completed, they are working together and making "Fantastic Progress" (There is no time line giving.) Michael DeCarlo was only supposed to be with the company for 3 months, he extended his time to 6 months to help out. He is still giving support to the company.
Mr. Khoury understands the importance of being able to PR a SEC investigation being over, moving to another exchange, money involving the JV and getting the SANS2A in the Air. Considering the Past PR's. He is very cautious on the way a PR could be worded and released. He said any miscommunication and they could be "Crucified". He said there is a Strong foundation (including employees) on the area's they are focused on. And is making Globetel a "Leaner and Meaner Company"
I mentioned I appreciated his time in calling me. I also thought it would be more useful of his time to share his Passion and Vision of the success of Globetel with all the Shareholders, via a PR or a Shareholder conference call. I said without contact directly from him or Mr. Kostro current and future shareholders are left to guess and speculate as to the direction of the company. He said he appreciated my suggestions and realizes the importance with communicating directly soon with the Shareholders. I tried to get a specific time frame, he said within a couple weeks, I mentioned that the Stock price had dropped 25% within the first 30 minutes of trading (while we where talking) and suggested possibly sooner. :)
Overall he was very polite and seemed Sincere on his Passion for Globetel's Success.
William
