Globalnet (fka GLBT)

[fugazyh8er]

I'm just saying that they are so far behind in reports that they could pick any 12 month period, label it an annual report and they wouldn't be wrong. It is logical to use a calendar period ending 12/31 when restating previously filed reports. I think fiscal may only come into play when they may be held to deadlines when they are timely in their filings. If fiscal ends 6/30 they have 45 days for quarterly reports and 90 days for annual reports, which would have put them at 9/28/07. Like I said they are so far behind it will not effect them or shareholders until they are current or attempt to be current and maintaining that status. I go by the SEC site in hopes that they were shooting to become current last month, thats why I sent Gil the email I posted earlier.

All and all I'm pleased to finally see them file something that has substance at least enough to build on. As I'm sure you would agree.