coastiretired, interesting info. What's your take on the outcome of the SEC investigation and Globetel's future? I'm heavily long GTEM (currently almost 600K shares and adding on a weekly basis) but like to hear both (positive and negative) sides.
Coast, I have come to the same conclusion on King and Taboada. I had been wondering about which exec the SEC was unaware of, good catch on that one. I agree on all your discoveries with just a question on King's leaving Globetel, I could be wrong but I thought something was announced on that. Also, is Taboada still providing consulting services, haven't found anything to go either way on that one. If you are interested I have a pretty detailed file on Taboada, with links. He was also listed as a private investor who was supposed to front 500K which I only saw a portion actually come to GTEM. Taboada just this past August applied for Securities Salesperson License which was denied in September. http://www.com.state.oh.us/press/display.asp?ID=921 You will love this next piece of info..... Paul Eric Taboada CRD No. 2033981 2916 Riverside Drive Wantagh, NY 11793 Here's where it gets very interesting, does anyone remember hearing of Mandalay Industries Inc? Guess where they reside? http://www.manta.com/comsite5/bin/pddnb_company.pl?pdlanding=1&referid=4490&id=gv6mwm Mandalay Industries Inc Address: 2916 Riverside Dr, Wantagh, NY, United States Phone: (516) 409-5062 SIC: Manufacturing Industries, NEC Line of business: Mfg Misc Products Mandalay Industries Inc - Detailed Company Profile Year Started: 2003 State of Incorporation: NY URL: N/A Location type: Single Location Stock Symbol: N/A Stock Exchange: N/A Trade Style Names: N/A NAICS: All Other Miscellaneous Manufacturing Est. Annual Sales: $90,000 Est. Employees: 2 Est. Employees at Location: 2 Contact Name: Paul Taboada Contact Title: Principal Do a reverse lookup and this is what you get.. Taboada, Sandra 2916 Riverside Dr Wantagh, NY 11793 516-409-5062 Here's a link to the insider transactions from 7/2003 to 7/2005 http://finance.yahoo.com/q/it?s=GTEL.PK Info for Taboada and Mandalay from the above link. INSIDER TRANSACTIONS REPORTED - LAST TWO YEARS Date Insider Shares Type Transaction Value* 16-Mar-05 MANDALAY INDUSTRIES INC. 9,135,630 Direct Planned Sale $2,500,0001 28-Feb-05 MANDALAY INDUSTRIES INC 641,478 Direct Planned Sale $195,0001 5-Dec-04 MANDALAY INDUSTRIES INC 9,134,964 Direct Planned Sale $685,0001 1-Dec-04 TABOADA, PAUL E. 1,334,964 Direct Planned Sale $95,0001 8-Nov-04 TABOADA, PAUL E. 6,198,991 Direct Planned Sale $465,0001 3-Feb-05 TABOADA, PAUL E. 266,045 Direct Planned Sale $43,0001 TOTAL $3,983,000
Not bad for a consultant,broker,private investor. JMHO
coastretired you do know that the AMEX delisting procedding is over don't you? Why discuss what they may or may not have looked at, especailly when this was discussed 6 months ago?
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