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Re: lowtrade post# 3836

Sunday, 01/16/2005 7:43:02 AM

Sunday, January 16, 2005 7:43:02 AM

Post# of 157299
lowtrade,

Vern did not file an S-8, Gtel did. Key word.."employee"

S-8 (33 Act)
These are the securities to be offered to employees pursuant to employee benefit plans: Initial statement.
_______________________________________________________________
This prospectus is being used in connection with the reoffer or resale from time to time of up to 2,000,000 shares of our common stock by Vern Koenig and 696,500 shares by Thomas Y. Jimenez (named under the caption and hereafter referred to as "Selling Shareholders"). The Selling Shareholders acquired the common stock as compensation for employment and/or providing services to Globetel.
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001094596%252D04...



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