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runandadd

05/11/07 5:24 PM

#75049 RE: mide #75046

Mide,

What's your best guess as to how they been funding operations and the JV contribution

followinsnsr

05/11/07 8:21 PM

#75065 RE: mide #75046

Mide, your right it is about execution. Good 4 star reply after I gave your post some good thought.

Six months from April 3 would be Oct. 3rd, where they anticipate will start producing NET INCOME. (up until today 20% of the time has gone by.) That is going to require some very good execution never before seen by Globetel. The pilot covered between 800-1000 homes and businesses, don't know what kind of income is being produced here.
Globetel updated the shareholders with the 70 and the shipment of 83 Hotzone units.
If this is not fluff and Peter Khoury is going to be consistent with his updates, then it can be assumed we will get an update soon on the next delivery and hopefully that the majority of the 83 were installed and open for business. We shall see. Fluff or execution? I might even get back in.