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rocket man-booted

10/18/07 1:48 PM

#91527 RE: siriuslyricher #91522

I never said there were no successful CWID trials, or that the other actions/deals never took place. Maybe someone else did, but it was not me.

My main point was that you and others questioned Joe Monterosso's credibility because he received a Well's Letter. Now that Globetel has received a Well's Letter, using your reasoning, Globetel no longer has any credibility, correct?

Leinwand has been there for years, so I don't believe this "new management" anymore than the "old management".

Years ago, Globetel entered deals to launch Stratellites throughout South America, Europe and the former Soviet Union. How are these deals going? They must still be valid since nobody can really prove that these deals don't exist, they were never officially cancelled(unless I missed it) so they must be still ongoing or even close to completion by now, wouldn't you agree?

I don't know if a company without credibility all of a sudden is more credible when it is under investigation by the SEC. That may be the case, it might not be. Sure, they may tone down their PRs a bit, if they were questionable in the past, but they can still release positive sounding PRs. Thanks again, you helped prove my point and Sams.
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runandadd

10/18/07 2:01 PM

#91528 RE: siriuslyricher #91522

There's a differece between being overly-promotional and being false and deceptive. As you like to say...........
You already know that.
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SPD

10/18/07 2:04 PM

#91530 RE: siriuslyricher #91522

Serius - given the past history of over-promotion and not following through on ANY PR's, you can certainly expect some to question the viability of all the items you mentioned.

Keep in mind a simple update on ANY ONE of the items listed from GTEM of one of the partners would go a long way in silencing the critics. To date there is nothing but silence - which in the past is was a clear indicator of what was happening. Is this a new GTEM? They certainly do not act like it...
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SPD

10/18/07 2:08 PM

#91532 RE: siriuslyricher #91522

How about simply following through on this item:

"I look forward to reporting to our shareholders more about our plans, and about our movement forward as a Company." - Leinwand - Sept. 10, 2007

EVERY CEO we have had made a similar statement, and our current one appears to be following up just as well as his predecessors.
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ColeThornton

10/18/07 2:08 PM

#91533 RE: siriuslyricher #91522

siriuslyricher why do you say...

"I have repeatedly asked anyone who claims any false facts have been disseminated by GlobeTel in news releases since the SEC investigation,"

The SEC doesn't care if it came in a press release or from IR in an email or phone conversation.

I think this was false...

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Posted by: mide
In reply to: runandadd who wrote msg# 86256 Date:9/4/2007 12:56:18 PM
Post #86257 of 88818

Run. Stop. I posted that IR stated that the lease at Palmdale had been extended one year, and that the debt owed to settle was less that $50K.
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We know from the official court documents that the lease never was extended, and that the money owed was "significantly" more than $50K!

Do you really think as long as a company doesn't lie in their PRs, they can say anything they want otherwise...

"We're "that" close!!!

It's great that so many posters have documented so well what IR has said. They have given times, dates and even "quotes"....

It will be real interesting to see, who owns up to what once put under oath.