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03/21/07 2:49 PM

#68594 RE: runandadd #68590

Sirus left out this little bit."among other things"
GlobeTel Announces SEC, Audit Committee Investigations, AMEX Delisting Decision
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oct. 6, 2006--GlobeTel Communications Corp. (AMEX:GTE) today announced that it has learned that the Securities and Exchange Commission has issued a formal order of investigation concerning, among other things, certain accounting issues, including the treatment of certain acquisitions and the valuation of certain intangible assets.

http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-newsArticle&ID=913165&highligh...