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GTEL WOW I LOVE THIS ONE?????
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[QUOTE]Originally posted by dellamorte dellamore: [QB] It looks like Globetel purchased Sanwire's " Stratellite " technology in the form of shares , and all current shares of SNWR will become or be registered as Gtel shares . I don't know if there is a cutoff date for this such as when a split or a dividend is announced , but Sanwire will have a name change in the future and trade under a diff symbol eventually , but Gtel will own their technology . Here's something to think about , since about a year and a half ago , all insider trading for Gtel has consisted of sells . It's just a bit curious that the officers of a company who feeel they have a great product would be selling instead of accumalating . Could be just some profit taking , because i don't know how much they still own . Each sale seems to have been executed at the pps the stock is at now , about . Could it be some sort of pattern , don't know . http://finance.yahoo.com/q/it?s=GTEL.OB Also , Gtel operated under two different names in the past , AMERICAN DIVERSIFIED GROUP INC , and TERA WEST VENTURES INC . Don't know if that's cause for suspicion but it seems as though ADG has had some run ins with the Sec . Now , i'm still a bit skeptical of Gtel , as anyone should be of any penny , so i need to do a bit more investigation about it's operation . This Stratellite thing sounds like a wonderful innovation , if it is for real , but there is no way to really know just yet . Right now , they are saying all the right things , promising to get off the pinks by year end hopefully , potential deals with NASA and telecommunications companies because of the Strattelite , and the planned maiden voyage of the prototype Sanswire One on March 25th . It all sounds terrific , but i wouldn't get too excited just yet , that is if you are contemplating holding Gtel and not just playing with it . [/QB][/QUOTE]
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