World Surveillance Group Inc (fka WSGI)

[followinsnsr]

With the SEC breathing on GTEM's back it is only right that they deny any knowledge of past dealings with convicted scam artists. It was discussed on this board with detail showing how Globetel associated and became involved with thiefs in the past. Guilt by association in my book.
GlobeTel Announces Marketing and Consulting Agreement with Coldwater Capital
Business Wire, July 30, 2003
E-mail Print Link Sports Editors/Auto Racing Writers & Columnists

MIAMI--(BUSINESS WIRE)--July 30, 2003

GlobeTel Communications Corp. (OTCBB:GTEL), today announced the engagement of Mark Neuhaus and Coldwater Capital for the marketing and consulting of GlobeTel Communications Corp.

Mark Neuhaus is a professional racecar driver. Neuhaus has been driving for the Dick Barbour Porsche team and the Intersport Racing, Banana Joe's in the American LeMans series. In the 2000 season the team won ten out of twelve races including the 12 hours of Sebring. In the 2001 and 2002 seasons the team won the championship in their class. For the 2003 season Mr. Neuhaus is driving for the Saleen/Konrad factory team.

The teams have been proudly sponsored by the Porsche North America, Michelin Tires, Mobil 1 Oil and Pirelli Tires. These four companies will use the car in advertising worldwide and GlobeTel will have its logo alongside of these sponsors on Mr. Neuhaus's racing car. Between all of the television and print media both press and advertising material this results in millions of impressions for GlobeTel.

Mr. Neuhaus has also signed a consulting agreement with GlobeTel to market and distribute the GlobeTel Magic Money debit/credit card prepaid calling card. Mr. Neuhaus has been involved with prepaid calling and the distribution of these types of calling cards for several years now. With his unique access to large worldwide companies, GlobeTel and Mr. Neuhaus plan to provide new and large scale distribution of the GlobeTel produces and services.

The compensation for Mr. Neuhaus's services will be based on $2,500,000 worth of options provided to Mr. Neuhaus which he will purchase from the company. This represents the first phase of GlobeTel's fund raising. GlobeTel plans to finish all fund raising activities within the next 60 days.

Tim Huff, CEO of GTEL, stated, "With the alliance from this agreement, GlobeTel plans to rapidly grow its distribution and exposure of GlobeTel's products and services. Not only does the exposure of the marketing from this agreement assist GlobeTel to launch its services worldwide, but Mark's connections within the large scale distribution companies of these products and services offer great opportunity."

Additional information concerning other areas and topics of GTEL can be found on our web site at http://www.globetel.net .



19) Mark S. Neuhaus, age 49, is a racecar driver who resides in New York, New York. He participated in the unregistered public distribution of Universal stock and engaged in fraudulent conduct.
http://www.sec.gov/litigation/complaints/comp18636.htm
http://findarticles.com/p/articles/mi_m0EIN/is_2003_July_30/ai_106047942


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