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nerd86

08/30/06 6:45 PM

#39623 RE: msturgeo #39622

Of course I remember I was there. Mr. Huff came on as CEO in 2002, the first revelation of the three year plan was the 2004 letter.

Taking his first letter intro, leads you to his concept but it isn't revealed until much later, so I guess you can go anywhere you chose with it. In any case you can be quite correct in saying we been at it four plus years, but it certainly looks different to me now than it did then.

http://www.globetel.net/about/letters.html

"To Our Valued Shareholders,

The year 2002 was quite a good year for GlobeTel in all respects. I came to GlobeTel in May of 2002 with a three-year plan. Although this filing only represents six months of me being onboard, I am quite pleased with our performance and progress."


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jfburk

08/30/06 6:48 PM

#39624 RE: msturgeo #39622

Msturgeo, I cannot help but notice that you ran from my post below. I don't blame you for to acknowledge the post and try to answer the question would put you in a different position with the company.

My belief continues to be that this company has incredible potential and has a number of people employed with impeccable credentials including Dumas. Mistakes have been made and timelines missed yet the financials continue to improve and we are on the verge of incredible results when a few of those pilots turn into contracts. You conveniently ignore the fact that Hotzone wasnt part of the company in 2003.

Your focus remains on the negatives whereas mine remains on the positives and the financials in my book are positives along with the people that have come on board with this company. How about responding to the post below.

Actually people like you try to raise doubts and that is all you offer. You totally ignore the financials and the improvement from qtr. to qtr. to continue to raise doubts about this company and for what purpose?

I suggest you ask the hard questions to the company and not to the people on this board who cannot answer those questions. You seem so disenchanted with the company based strictly on the stock price that I can see you for who you are, someone impatient that simply is a penny stock trader looking for volatility.

This company has been beaten down since January by people like you. The company does not get funding from the trading of its stock but it will get funding by the release of new stock which it hasnt done to the best of my knowledge.

I keep waiting for you to explain what J. Randolph Dumas is doing with this company. His reputation and resume will take a great hit with company failure yet he hangs on?

I keep waiting for you to explain why the company continues to grow employees many with pretty good pedigrees?

I keep waiting for you to explain why insiders aren't selling their holdings?

I keep waiting for you to explain to us why you ignore the financials which show improving net worth, lower expenses, higher margins, and a great deal of growth and potential.

Yes, I keep waiting for you to give us something positive. Telling others to ignore me and claiming to be a long term investor when all you do is offer negatives isnt asking the tough questions it is bashing. Those questions have been answered. You dont like the answer so you continue to simply want the issue.