Globalnet (fka GLBT)

[fugazyh8er]

Possibly Interesting?

Nathanial remember this post you got from bertspick RB?

Posted by: nathanial
In reply to: None Date:3/7/2007 4:30:32 PM
Post #of 2663

BERT's post from RB:

bertspick
07 Mar 2007, 03:48 PM EST
Msg. 32330 of 32333
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MOBL Globalnet, Ocean Avenue, Shaftlein
I think some of you follow MOBL. Anyone else notice that Ocean Avenue Advisors owns a pretty big stake in MOBL, which provides broadband. Globalnet's current CEO is Mark Schaftlein who owns Ocean Avenue, Ocean Avenue is the one that keeps getting funding to keep Globalnet alive every two months. Schaftlein is the current CEO of Epicus, a telephone and VOIP provider as well. MOBL's website says they provide VOIP now too. Anyone remmeber the old news that Globalnet had deal with a major broadband provider. Its MOBL, IMHO. Schaftlien ties them all together. He is basically a loan broker. He gets Hedge funds to provide money to companies like Globalnet and he gets a percentage of shares as commission. It would be in his best interest to but these companies together and have them prosper. Plus if Globalnet has been providing MOBL with VOIP services, they can't afford for Globalnet to go under, hence the funding keeps coming.
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I just found out that Jay O. Wright Chairman and CEO of MobilePro used to be the CFO of Speedcom Wireless Corp right before Mark Schaftlein. It is possible they are familiar with one another.

http://www.zoominfo.com/Search/PersonDetail.aspx?PersonID=47103609

Speedcom Wireless
http://sec.edgar-online.com/2003/11/12/0001193125-03-078070/Section13.asp