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Re: siriuslyricher post# 70575

Friday, 04/06/2007 8:02:33 PM

Friday, April 06, 2007 8:02:33 PM

Post# of 157299
"Otherwise, you're suggesting that the SEC is letting bogus documents be filed and that the Peraltas are permitting a U.S. company to report pilot tests, JV's and contracts which are totally false."

You mean like they have been doing over the years. If that has been their pattern over the years, then it would be almost too obvious to change just because the SEC is watching. It's almost like an admission of guilt

GlobeTel Communications Launches Travelex Money Remittance Service
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--April 17, 2006--GlobeTel Communications Corp. (AMEX:GTE) announced that it has launched its money remittance service program offered in conjunction with Travelex Currency Services, Inc., as previously planned. GlobeTel's technology has been deployed to enable remittance functions through Fidelity Express, a national leader in money order generation and walk-in bill payment solutions with a growing merchant base of more than 5,000 locations in 22 states.

Fidelity Express accepts payments through authorized retailers, primarily supermarkets and convenience stores, on behalf of utility companies such as Reliant Energy, TXU, Verizon, Atmos Energy, Westar Energy, Alabama Gas Company, Centerpoint Energy, Garland Power and Light, AquaSource, Northland Cable TV, Vycera Communications; municipalities such as City of Lake Worth, FL, City of Lakeland, FL, City of Atlanta, GA, City of Dallas Water; and government services such as Texas Child Support.

"Fidelity Express' locations provide an excellent built-in money transfer agent network for our state-of-the-art technology, which is part of the Travelex Money Transfer program," stated Timothy Huff, CEO of GlobeTel. "The rollout of our remittance technology helps Fidelity Express retain its leadership position in this fast-growing segment of commerce. Creating a one-stop shopping experience for our customers is consistent with the GlobeTel mission of providing unmatched expediency and convenience for anyone, anywhere at any time. This consistency follows through from our communications platforms and delivery systems to our remittance technologies."

Pat Odom, Division Manager of Fidelity Express, added, "Offering money remittance adds a product to our services that exactly meets the needs of many of our current customers and will attract many new customers to Fidelity Express locations, further increasing customer traffic and generating additional revenue for our retailers. Money orders, in-person bill payment and other Point Of Sale financial services offer a valuable service to consumers, while at the same time help to increase customer traffic and generate additional revenue for our retailers. Industry reports indicate that at least 20 percent of the U.S. population pays its bills in person in retail locations around the country. One of our payment location providers, the second largest supermarket chain in North America, reports 66 percent of all people who come into its stores to pay their bills buy something."

http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-newsArticle&ID=843373&highligh....

or this: http://www.globetel.net/about/letter033106.html



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Not a lot of profit either it seems."

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