Does this really surprise any of you? What an accounting nightmare. No wonder they cannot finish the financials. One thing to say, the light at the end of the tunnel may be OLD SPARKEY getting warmed up.
Who was really the brains behind Globetel? I am waiting for these 2 names to come up on an SEC Litigation Release. Could be they are smart enough to avoid it. Mr. Kostro has been an attorney engaged in international law. Jonathan Leinwand, joined GlobeTel as General Counsel in June 2005 and became a director in 2005.
From the last 10-K/A http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=5581286 Jonathan Leinwand, Chief Executive Officer and Director, joined GlobeTel as General Counsel in June 2005 and became a director in August 2005. He was appointed CEO in September 2007. Prior to joining GlobeTel, he was in private practice since 1996 concentrating in the areas of corporate and securities law, representing a number of public companies. As part of his practice, Mr. Leinwand also served as a deal-maker for several US and foreign corporations arranging strategic alliances and funding both in the US and abroad. Mr. Leinwand graduated from the University of Miami with honors degrees in Political Science and Communications and graduated cum laude from the University of Miami School Of Law. Przemyslaw L. Kostro Przemyslaw L. Kostro, Chairman, was first elected to the Board of Directors in November 2001. From November 2001 to April 2002, Mr. Kostro also served as the CEO of GlobeTel before relinquishing the position to Timothy Huff. Over the past five years, Mr. Kostro has been an attorney engaged in international law, and has been providing professional and consulting services to several large and mid-sized entities in Europe. Mr. Kostro resigned as a Director in October 2005 and was reappointed as Director and Chairman of the Board in October 2006.
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