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serious1

12/14/06 2:57 PM

#57608 RE: risk_it_us #57600

Dude Huff is GTEM I guess you will be unhappy for ever!
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cpmac

12/14/06 3:01 PM

#57610 RE: risk_it_us #57600

Re: The Black Hole has gone into reverse mode
Posted by: "tell you later" risk_it_us@yahoo.com risk_it_us
Date: Wed Dec 13, 2006 4:41 pm ((PST))

I agree, since it totally contradicts the new mgmts approach to press
releases one can only assume that it's being used as a prop for
something really shitty on the horizon. New mgmt said plainly that they
wouldn't put out pr's like this and I think it was also mentioned in
the latest letter to shareholders but all of a sudden it's happening
again. The only thing about this time is that they left very little
wiggle room in their timeline. Only 2 days to fulfill the pr. I'm
anxious to see if they just let the days tick on next week should the
strat flight not take place or if they speedily notify the sharholders
this weekend or Monday of the status. This is going to get really
really fun. Then there's the third option: that the strat actually has
a successful flight tomorrow or friday and they pop the pr pre-market
friday or monday and the stock soars to a buck. That's when the short
opp will really present itself.



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turbodog

12/14/06 3:06 PM

#57614 RE: risk_it_us #57600

Sanswire 2A tech demonstrarer testing


Sanswire 2A Technology Demonstrator Testing Moves Outside




Sanswire Networks LLC, announced that its Sanswire 2A technology demonstrator completed its first outdoor, low altitude, float test. During the first float, the structural integrity and overall balance of the airship were tested in uncontrolled atmospheric conditions.

Sanswire expects to test the airship over a period of at least 90 days. The testing will be performed to evaluate the entire integrated airship system. The first test of the structural loads and lifting qualities has been completed and will soon be followed by further airframe tests to ensure airship readiness for a dynamic flight environment. Upon installation of the avionics suite and propulsion system, a series of low altitude tethered tests and then, a series of high altitude tests will take place. At each stage of testing, Sanswire’s engineers will evaluate the airship’s flight qualities to determine if the airship is working within its design parameters. Throughout the systems testing data will be analyzed to qualify the airship design, with redesign accomplished as needed.

Peter Khoury, GlobeTel’s interim CEO, stated, “In the past, the Company has tried to give its shareholders milestones on the progress of Sanswire, but this has been difficult given the nature of aerospace projects and the unique set of program objectives. The Company’s goal is to provide its shareholders with current information in a format that does not set unrealistic expectations or assumptions for a cutting edge aerospace program. The Company cautions that delays must be expected from time to time, but progress in the program is its bottom line goal.”

The Company intends to announce the completion of each test stage, and following the completion of the low-altitude tethered flights, free-flight tests at the Air Force Test Range at Edwards Air Force Base will ensue. Additionally, Sanswire is preparing to file provisional patents covering the intellectual property associated with the airship, and upon accomplishment of that objective, a priority for the Company, it will organize an invitational media day, presently anticipated for late October.

“The results of our first float test are encouraging,” stated Doug Murch, Lead Engineer for the project. “The combined rigid hull/envelope structure behaved according to design resulting in a successful test during its first float outside of our hangar. Our primary test objectives were focused on the newly designed empennage, or fin/rudder system, in order to gain additional insight into the airship’s structural and load bearing qualities in the open air. The resulting test data will be invaluable in order to prepare for our series of flight tests.”