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Re: None

Saturday, 03/26/2005 8:50:21 PM

Saturday, March 26, 2005 8:50:21 PM

Post# of 157299
Rocky Why then would GlobeTelecom use GI or anyone elses processing when they can use their own?

I've benn researching GlobeTel G cash since Gtel's announcement in Oct 2004 with zero revs announced until the Mar 11 artical.

I have read zero info from GlobeTel, that they had any money xferr program in place prior to G cash, for their cell phone base. Maybe it's wishful thinking, but I felt Gtel was to provide this for them.

Timing wise,1st report of GlobeTel's G cash rev.s didn't show up until after the Jan/Feb tests you talked of.
One could think Gtel's payment processing capabilities with Globe's SMS applications technology, could be the software for (all) transaction processing of G cash. Not just Gtel's interfacing stored value cards with an existing system GlobeTel had prior to the OCT 2004, new concept launch.

If so GI with their opperational data switch, using Gtels processing software could be processing G cash transactions, which started Feb and reported by GlobeTEL for the 1st time Mar. 11.

If GlobeTel G cash was producing revs prior to Jan/Feb, why didn't they report any until mid march 2005? If they had revs from Oct to Jan, one would expect them to announce some at EndOfYear 2004.

I don't know rocky, I've read so many articals and may have mixed something in my mind, but for some reason I seem to recall or have had the feeling, GlobeTel was developing the transaction software with Gtel for the hole deal, interfacing SMS technology to data switches for G cash transactions.

End; Guess we'll see in the next several SEC Q reports.Probably just wishful thinking on my part. Note I posted a lot of IF's!!LOL

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