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Re: mide post# 103584

Wednesday, 05/28/2008 10:47:09 PM

Wednesday, May 28, 2008 10:47:09 PM

Post# of 157299
According to Bleckman, "Regarding Mexico, we are not going to be pursuing a jv based on a wifi broadband business model, those have not proven to be profitable for anyone, anywhere."

So much for past and future Navy's Limited Ojbective Experiment Invitation.
What this company MAY have right now is a possible 50% ownership in the Tao-Sanswire venture.

It actually looks to me like Globetel will become a holding company like CGI whose only asset will be the stock held in the new Sanswire Company to be formed. They get to keep the present Globetel shareholders without giving new shares in Sanswire, knowing these same shareholders would also buy Sanswire stock.

If I were a scam artist that is the way I would do it.


"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."

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