greetings all... mr. huff offered us some insight from the Shareholders' Letter (8/2/05), which came to be, and there's a statement alluding to the flight of Sans II that keeps me wondering that it might have been tested already. the following item was taken from the shareholders' letter - Conclusion:
In summary, with the launch of a fully-operational Sanswire Two test-bed during the up coming months, we anticipate that we will (i) complete at least one strategic funding partnership with commitments expected to exceed GlobeTel's current market capitalization and (ii) launch our first, fully operational, commercial vehicle in cooperation with our strategic partner under long-term contracts to a variety of media, cell-phone, broadband, security, environmental and charitable organizations during the latter months of 2006.
...and taken from the 2nd Qtr. 2005 Results PR:
Timothy Huff, CEO of GlobeTel, stated, "We continue to be excited about the future of the Company. The losses we incurred were expected as we grew our business. We expect our losses to diminish and reach profitability by the end of the year as we now operate out of our new facilities and as we launch our other products. As I previously stated, the Company is stronger than it has ever been.
...taken from the VOIP Magazine article:
The demonstration showcased the equipment’s capability and usability when it established Internet and DECt phone connectivity inside the Russian Parliament building, thereby helping launch negotiations with a group of Russian investors that resulted in the finalized agreement.
now, GTE has fulfilled most of those projections and of course the suspicion of Sanswire II flight is total conjecture on my part; but those other statements by mr. huff have come to past. i can't wait to here when the Strat will have actually flown. glta
Q-reus
AI
