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Re: None

Friday, 02/29/2008 1:24:43 PM

Friday, February 29, 2008 1:24:43 PM

Post# of 157299
If HotZone is the last hope...

How about an update...

"FORT LAUDERDALE, Fla. -- In 1878, the world's first commercial telephone exchange was established in New Haven, CT."
This overly promotional, hyped press release actually began with GlobeTel comparing the "revolution" of HotZone with that of the first telephone...lol.

"the US Forest Service is evaluating HotZone 4010's effectiveness in alerting and preventing forest fires,"
They must have liked it about as much as Trident 08

"GlobeTel Wireless has pilots either in progress, concluded or in the advanced planning stages in...

China...

***FAILED***

Ghana...
***FAILED***

Republic of the Congo...
***FAILED***

Japan...
***FAILED***

Germany...
***FAILED***

etc... etc... etc... etc... etc...

"...we are actively pursuing new opportunities to install HotZone wireless technology wherever quality counterparties emerge..."

By "wherever" do you mean... "Mexico", yes of course we know how that one is going too!

"Mr. Huff continued, "To date, the Company has received more than a quarter of a million dollars in pilot deposits."

Mr. Huff, what happened to the money? What does GlobeTel have to show for it, how about their shareholders?

"As we continue to advance our HotZone technologies, we anticipate being able to bring a wider array of services and applications to our partners and clients."

It's been a year and a half, where is this wider array of services? Where are the partners? Where are the clients?

"Following successful pilots in southwest Germany, the buildout of the first -- of three -- German HotZone wireless networks will be completed during the third quarter of 2006. These GlobeTel Wireless ventures in Germany will have a retail focus, providing service for the first time directly to individual subscribers."

After it was completed, WHY DIDN'T ENOUGH RETAIL SUBSCRIBERS WANT IT?

"The Company continues to make good progress with Japanese telecommunications authorities in order to address a variety of frequency issues in anticipation of beginning a previously-announced pilot in conjunction with the Kashiwabara Token Corp. of Japan."

Of course, like any exciting, paradigm shifting, GlobeTel press release, end on a high note telling everyone of the good "progress" being made!

http://www.allbusiness.com/company-activities-management/company-structures/5411398-1.html




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