Globalnet (fka GLBT)

[meanmikeca]

there have been over 1 billion sold this year.

what ever happened to the chatter about all the volume?

now you are saying there is none.

they only need to break even and soon they will own the company. your shares will be voided. that is what the default will do.

1. there is not enough revenue to pay bills.

2. the company has not shown progress or any sort of planning or strategy to fix this.

3. the company has lost records and equipment.

4. if they wanted to get their books done it should have happened by now.

5. what are they selling? the same product they have had for years. how cutting edge is this? in reality all they do is resell minutes. they have nothing to put them ahead of anybody they used to claim to be in the top 10 carriers but that is no longer on their web site. cali should update the ibox.

6. they have a history of promising big things but in the 5 years i have followed it they have yet to deliver.

7. the people loaning glbt money have access to info that we do not. true, they also can file default and will own the company. if they want to do this it is in there best interest to see the stock price at .0001. they have way too much control to make this a safe or good investment. if you cannot see this then by all means load your boat. one would think that management or somebody somewhere would be loading up if there were money to be made. there are unlimited shares for sale at .0001. what else do you need to know? when glbt makes money we won't see any of it. the debt holders will.