Globalnet (fka GLBT)

[fugazyh8er]

The Schaft interim CFO of Far East Energy Corp. from 2003-2004 found in SP Holdings filing SC 14F-1 1/26/07 (Link Below).

Current Director and Executive Officer

Mark Schaftlein, the sole director, acting chief executive officer and chief financial officer of the Company, will resign upon the closing of the Merger Agreement. Mr. Schaftlein, age 48, has served as the Company’s sole director and executive officer since January 2004. Since December 2005, Mr. Schaftlein has served as chief executive officer of Epicus Communication Group, Inc. During 2003 and 2004, Mr. Schaftlein served as a consultant and interim chief financial officer of Far East Energy Corporation. Mr. Schaftlein has been managing director of Ocean Avenue Advisors, a financial advisory firm since 2000.

EXECUTIVE COMPENSATION

Summary Compensation

Mr. Schaftlein has not received any direct compensation for acting as director or as an executive officer of the Company.

Option Grants

The Company did not grant options to Mr. Schaftlein in fiscal year 2006.

Long-Term Incentive Plan Awards

The Company did not award any shares, warrants or other rights under any long-term incentive plans to Mr. Schaftlein in fiscal year 2006.


http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000922423%252D07...