Appears to be just another shell company player. Check out his list of corps on sunbiz.org. He's involved with such winners as Tycoon Oil Company and physicians4u.com.
The funny thing is that Global Telesat never showed up to complete the work they received their shares for:
"On January 5, 2004, the Company secured a contract with Global Telesat Corp., a wholly owned subsidiary of GEF, for worldwide termination of voice and data mobile satellite telecommunications traffic originating in Iraq. In conjunction with securing this contract, the Company issued 300,000,000 shares of common stock to International consultants valued at $21,000,000. The Company did not derive significant revenues from the Global Telesat Corp contract, the consultants failed to fully perform the contractually required consulting services."
It turns out that Global Telesat and GlobalNet were both "wholly-owned subsidiarys" of the same entitiy called Growth Enterprise Fund; a Panamanian corporation.
One might also note that the address for Global Telesat is just down the street from Globetel's old office in the heart of South Florida Scam Country.