Reuters ProVestor Plus Company Report 11 March 2005 GlobeTel Communications Corp. (OTC:GTEL) -- Communications Services/Services Reuters Company Research Performance Rating: Outperform Reuters ratings are based on a proprietary model that leverages widely accepted statistical methods and financial concepts to select attributes shown to be strong indicators of future stock price performance and applies these to rank stocks along a normal distribution curve. Ranks for Fundamental Quality, Value Catch-up, Operational Trends and Technical Factors
-------------------- It is impossible to make anything foolproof because fools are so ingenious.
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This is a very interesting article that is worth the read. It was put out by a gov't research group and lays out scenarios for which Globetel is ideally positioned to dominate the markets upon which the study was based...IMHO.
quote:Originally posted by Pagan: From the wording of this update..."Upon approval of FAA flight plans"...it would appear the FAA airframe inspection has been completed IMO. Any opinions?
I beleive the FAA approval has been delayed because they seem to be moving the launch to Edwards Air Force Base, instead of Atlanta. To me, this is a good sign, as an Edwards launch shows the military and NASA committment, and make it a better place to launch from, in case of trouble. They then have over 2000 miles to troubleshoot before heading out over The Atlantic. The people they have now put "on board" assure the full use of these facilities, and that the launch won't be premature. Those looking to day trade this may or may not do okay on a given day, but rick being left behind, IMO. This is not a BS company like MLON (some of you should be ashamed of yourselves for your religious zealoutry over that obviously worthless peice of crap, and YES, I said that during the endless chanting).
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quote:Originally posted by Thorn: GTEL discussion: "Those news reports are really causing the stock to go haywire. We'd better hold off on any more until the thing is set to fly. Too much activity and we'll get the attention of those naked sellers...."
Thorn, You are 100% right, I said that a long time ago in here in one of my postings. GYEL will not go anywhere untill we have a positive report after the Launch, til then its just a guessing game and the MM,s and naket short sellers will take advandage of it. So, people just let it go for now, hold your shares and see what happens in. April. I know I will. JIMO
gmh37
Me thinks you're wrong - it will go up before launch, significantly
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GTEL compared to SIRI. SIRI is one-way radio transmission (stock over $ 5 PPS). GTEL will be 2-Way transmissions of voice, video, Broadband Internet (WIFI) at a fraction of the cost of a satelite and many times faster. It can be implemented where cable, cell towers, etc. is not even feasible. Comparison? There is no comparison. GTEL has magnitudes more potential than SIRI. (And GTEL stock is available this morning under .30 PPS). Other opinions welcome.
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BUNDO...Your right,Carl's Jr'S food is better than that 5 star resturant .Cheaper too.I didn't have that great a selection in those days ,,,McDonald burgers were 20 cent's.A giant Shakeys Pizza was 5 bucks!!!! The drinks except Beer was free.
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GlobeTel Announces Hiring of Top Electrical Engineer for Sanswire Business Wire - March 14, 2005 09:21
MIAMI, Mar 14, 2005 (BUSINESS WIRE) -- GlobeTel Communications Corp. (OTCBB:GTEL) today announced that its wholly owned subsidiary, Sanswire Networks, LLC, has further strengthened its engineering team with the addition of Dr. James Lee.
Timothy Huff, Chief Executive Officer of GlobeTel commented, "Dr. Lee adds significant depth to the Sanswire team. He is a gifted engineer and also has a wide range of capabilities that allow us to continue to build a strong, yet nimble team."
Dr. Lee will serve as the Senior Electrical Engineer for Sanswire. He has over twenty years experience in a number of areas of aerospace and electrical engineering. He trained at Stanford University as well as The University of Colorado, Boulder in aerospace engineering, at The University of Southern California in electrical engineering and has multiple advanced degrees. He has been involved in a number of exotic aircraft design programs, including a commercial tilt-rotor project. Over the past half dozen years, Dr. Lee has focused on advanced flight controls, having published research in a number of peer reviewed journals including the AIAA Journal of Guidance, Control, and Dynamics. Dr. Lee has worked at NASA Dryden as a Flight Controls engineer for the last two years, involved with the X-37 aerospace plane, and most recently, developing an ultra-high precision autopilot for a JPL project on a Gulfstream G3 jet.
Dr. Lee is an instrument rated commercial pilot with licenses in airplanes, helicopters, and gliders. He has piloted over thirty aircraft types. One of the first aircraft he built was a Rutan designed Long-Eze in the early 1980's. Since that time, he has designed, built, modified, flight tested or flown a Corbin Ace, Aviat Husky, Pitts Special aerobatic plane, a World War One Travelaire and Tiger Moth, a Robinson R22 Helicopter, Bell Jetranger Helicopter, Schwietzer 300 Helicopter, Grob 103 Glider, Nimbus 2 glider, Duchess Twin airplane, North American T6, Extra 300 aerobatic plane, and numerous Piper and Cessna aircraft, as well as a hot air balloon.
Dr. Lee has the distinction of attaining an altitude of over 33,000 feet in a Grob 103 at California City and also has the distinction of helping equip NASA's B-52 with one of the most accurate navigation systems of any B-52 in the fleet. In his role as a Controls engineer at NASA Dryden, Dr. Lee has the honor of the most time manually piloting NASA's X-37 aerospace plane high fidelity simulator.
Dr. Lee will be involved in all aspects of systems, avionics, autopilot design and flight testing at Sanswire. His bio will be added to the Sanswire website.
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Placement Act of 1995. The words "forecast", "project", "intend", "expect", "should", "would", and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. The above are more fully discussed in the Company's SEC filings.
posted
Posted by Bundo "I beleive the FAA approval has been delayed because they seem to be moving the launch to Edwards Air Force Base, instead of Atlanta. To me, this is a good sign, as an Edwards launch shows the military and NASA committment, and make it a better place to launch from, in case of trouble. They then have over 2000 miles to troubleshoot before heading out over The Atlantic. The people they have now put "on board" assure the full use of these facilities, and that the launch won't be premature."
My understanding is that the launch of the prototype was always scheduled to be at Edwards. They're actually assembling the parts somewhere near there, in San Bernardino County.
According to the schedule, the FAA was to do the inspection around 3/2 and then adding the photovoltaic cells, outer covering, engines, batteries and payload between then and March 22, with a launch somewhere between 3/22 and 3/25.
Sounds like there's been a delay of some sort.
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Wind, you are correct about the flight always being slated for Edwards.
As for the FAA inspection, I think too much is being made of it - or better stated, the lack of a PR and here is my thinking. I am fortunate enough to be in aviation as a career. Further, my neighbor across the street is building his own airplane (RV-7) in his garage and a second neighbor works at the regional FAA office (and not as an office assitant). This afforded me an opportunity to talk to experienced people about just this topic and the process. It it not the monumentous event in aircraft construction one would think, particularly when you are developing new technology for a test flight in restricted airspace (which does NOT require FAA approval). Actually, my neighbor stated that the inspector probably has no more insight into the contruction than basic aviation knowledge (combined with experience) Therefore, he is not most likely looking to determine if the aerodynamics are such that this will actually fly, but rather that the basic construction is sound and meets certain criteria. I am not reading 'delay' into the absence of a PR relating to the inspection itself unless the outright state it as such.
I admit that I was expecting them to say something about the inspection, but figure they are jsut waiting for to say something like the Strat is finished and testing will commence on XX date.
GLTA
-------------------- "You cannot play them all, so pick good ones and play them well."
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quote:Originally posted by Thorn: GTEL discussion: "Those news reports are really causing the stock to go haywire. We'd better hold off on any more until the thing is set to fly. Too much activity and we'll get the attention of those naked sellers...."
Thorn, You are 100% right, I said that a long time ago in here in one of my postings. GYEL will not go anywhere untill we have a positive report after the Launch, til then its just a guessing game and the MM,s and naket short sellers will take advandage of it. So, people just let it go for now, hold your shares and see what happens in. April. I know I will. JIMO
gmh37
Just hang in there, Like I said, GTEL will just hang around here til after the Launch JIMO
posted
This link may give you some idea of what an unmanned high altitude aircraft is worth (just to the military). Read the last paragraph. They are giving $ 71 million for the mod of a prototype that can only 'dwell' in a 'target area' for 24 hours.
posted
It's the monday blues. Looks like we might go under .280 today. Great time to buy for those who haven't already got all their money in!
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I'm lookin' at Wednesday, or even next week as the time to buy more. It probably will hold pretty steady, may lose a little ground between now and launch. Glass may see that buy more price that he has been looking for over the past month.
Sanswire Technologies Announces Terms of Asset Sale to GlobeTel and Reorganization Plan FRIDAY, MAY 21, 2004 9:29 AM - BusinessWire
SNWR 0.18 -0.03
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ATLANTA, May 21, 2004 (BUSINESS WIRE) -- Sanswire Technologies, Inc. (Pink Sheets:SNWR) announced the terms of the sale of a portion of its assets to GlobeTel Communications Corp. (GTEL) .
The all-stock transaction closed on April 15, 2004. Sanswire Technologies' management plans to distribute the GlobeTel shares as a dividend to its shareholders in two separate distributions. The first distribution will provide one share of GTEL for each share of SNWR owned as of May 31, 2004. The second distribution involves shares that are currently being reserved in GlobeTel's treasury.
The second distribution involves an additional 200 million shares that are being held in reserve pending the successful launch of the first high-altitude Stratellite. The shares will be released to Sanswire management on the 91st day following the successful launch meeting technical and commercial criteria defined by GlobeTel. After Sanswire management satisfies certain corporate obligations, the remaining shares will be distributed on a pro-rata basis to its shareholders of record as of May 31, 2004. It is anticipated that this second distribution will provide between 2 and 3 additional shares for each share of SNWR owned as of the close of business on May 31, 2004.
Might want to stock up on Sanswire.
-------------------- TI AKERS , WHERE ARE YOU!!!
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MIAMI, Mar 15, 2005 (BUSINESS WIRE) -- GlobeTel Communications Corp. (OTCBB:GTEL), announced today that CEO Timothy Huff has provided a Company update in a letter to the shareholders posted at the Company Website at the following link, http://www.globetel.net/about/letter.html.
The shareholder letter includes an update on Sanswire, its wholly owned subsidiary, and the Company's core business, the Magic Phone, Magic Money and wholesale carrier business.
The letter can also be accessed through the Company's website, http://www.globetel.net, link to investor relations, then letters to shareholders, with March 15, 2005 date link.
-------------------- If all goes well then great, if not, make it work.
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As many of you are aware, Sanswire Networks, GlobeTel's wholly owned subsidiary, is about to launch Sanswire One. Sanswire One is the prototype of our commercial concept vehicle called a Stratellite. It is named so because it operates within the Earth's Stratosphere. Sanswire One's purpose is to climb to high altitude and perform tests and maneuvers between 40,000 and 55,000 feet as the final step before placing an operational vehicle at 65,000 ft. Many of you ask us why 65,000 ft. At that altitude, the airship will enjoy the best weather conditions for day to day operations. The winds and weather disturbance are minimized at this altitude.
So why are we testing at 40,000 to 55,000 feet? At this level, we will be able to test the vehicle under the toughest conditions. We will be able to test all the systems such as: battery performance, photovoltaic solar cells, propulsion, guidance systems, communications coverage and operations, launch and recovery procedures. We announced our plans for the prototype in the fourth quarter of last year with a launch date in late January. This date was pushed off to accommodate design changes and provide for better materials to be used for the launch. It also was pushed to give us corporately, more time to find out the needs of the markets we intend on servicing. The date for launch was then pushed to a window of the last week in March.
We have sparked the imagination of the aerospace industry along with the communications industry with our plans and goals. While others are scheduled for 2007 and later for their prototypes, we are launching ours now. Because we are on the cutting edge of this sector, it goes within reason that we will have last minute adjustments, but we are still very much ahead of the industry with our launch and design.
As many of you know, we have the interest of such entities as NASA, the U.S. Air Force, the U.S. Army, the Department of Defense and many large corporations. We have begun talks with leaders of many different countries around the world about how this technology will change the lives of their citizenry.
The Sanswire technical team is growing with some of the world's best engineers and aerodynamics personnel. We have had some delay in the delivery of the solar cells and batteries in part due to last minute power configuration changes. But we finally feel we are in a position to deliver a date to the public and to our shareholders. On April 11th and 12th we will have a full public showing of Sanswire One at our production facility in Southern California.
The original plan called for the launch to happen at our facilities, but issues with the FAA and the concerns of such a large, unmanned airship going up in controlled airspace would delay our launch for several months. Therefore, we have been in talks with the Air Force and NASA and now plan to launch the airship from Edwards Air Force Base north of Los Angeles. We still have one issue, which is how to get the airship from our production facility to Edwards AFB through controlled airspace. We have consulted officials and believe the best way is to place a temporary gondola that would house a single pilot to fly the airship to Edwards. Once at Edwards, the gondola would be removed and the airship would be launched unmanned from Edwards in military controlled airspace.
In the air space of Edwards we are out of the FAA's jurisdiction and would work in conjunction with NASA and the Air Force authorities to launch the airship. The timeline would look like this: a public viewing of the airship on the 11th and 12th of April, the airship would then be transported to Edwards after clearance from the FAA with a pilot on board in the following week. Once at Edwards, we would then work with the Air Force to determine a window for launch that would most likely be in the last two weeks of April.
Video of the launch would be made available to the public from our website. Since it is a military facility, we will be unable to allow the public access to the actual launch. We feel that launching the airship at Edwards with the help of the U.S. Government would be in the best interest of our company's goals. Even though this removes the public launch, it also keeps us in a near term launch window. Since this is a very new aircraft section for the FAA, we feel it might take months to finally get clearance to launch an unmanned airship in commercial airspace.
At the public viewing of Sanswire One, the airship will be in the air, lashed to the ground with guide wires. The airship will be complete with all systems needed to fly. We are very excited about the progress we are making to go where no one has gone before with a rigid airship. The high altitude record for a dirigible is around 20,000 feet. Our airship will more than double this record and perform operations never before done at high altitude. Once these tests are completed in April and May, we will immediately begin the construction of the full commercial vehicle that is scheduled to launch late in the fourth quarter of this year. We will launch and recover Sanswire One multiple times over a 60 day period.
This update is being given to allow the public to schedule and make plans to be at our facilities on the 11th and 12th of April. If you are flying into the Southern California area, the nearest airport is Ontario, California, about one hour east of Los Angeles. Some may prefer to fly into LAX and drive the one hour to our facilities in San Bernardino. If you are planning to stay overnight, hotels in the San Bernardino are suggested. The exact address and details will be released on the week of April 4th. We invite you to come and witness history in the making. We are on a fast paced schedule. A program like this in the aerospace industry would take years, not months. If successful, we will have done what many billion dollar aerospace giants have failed to do to this point. Our designs have been reviewed and have caused the top engineers and design personnel to leave their current positions and join our team.
GlobeTel receives hundreds of emails requesting information regarding the launch date, moving to a different exchange, updates of commercial contracts, financial data and more. We are a public company and even if we wanted to, we cannot give out any information that is not in the public domain to an individual. Please don't take our silence on these requests in the wrong manner. We simply cannot address each of you on a one by one basis. We will try to keep you informed as events warrant an update.
GlobeTel has come a very long way in the past two years and we have only just begun. I hope you share the excitement that we here at GlobeTel and our partners have for the events of this year. Along with Sanswire, the Magic Money program is also reaching high. Our partners in Mexico, India, the Philippines and Latin America are well under way to creating a global stored value program anchored with MasterCard services that will change the way money is remitted and stored value programs are run. The Magic Phone has gone through technical changes and soon we feel that we will have a product that will operate worldwide with little or no technical expertise needed by the customer to set up and run the service. We are working on our carrier revenue to produce a higher margin business and our goal is to be profitable by the end of second quarter of this year. The goal of the carrier business is to build the backbone systems for the value added programs of Magic Phone and Magic Money. However, now that the revenue of the network is running at projected levels, we are focused on profit generation.
Our margins in the carrier business have grown substantially in the first quarter and this is what drives our prediction to reach profitability by the end of the second quarter. This will be the goal for the GlobeTel business unit excluding the Sanswire business unit. For a telecommunications company to be profitable while it is still in the development stage speaks highly of the team assembled here at GlobeTel. With the GlobeTel team and the Sanswire team that continues to attract world-class professionals, we feel that we are on the right track and the sky is the limit.
I want to thank you for your patience and understanding over the past two years as we here at GlobeTel have remade this company. We will continue to mold this company and bring shareholder value. Two years ago, this company had a share price of 2 cents and an average daily volume fewer than 2 million shares a day. It had only a thought...a hope of a future and with your commitment and our vision, we have brought this company to a level where it has purpose, liquidity, and share price that is up over ten times. We feel that this year is our year...it is your year and the best is still to come.
Sincerely,
Timothy Huff CEO GlobeTel Communications Corp.
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Placement Act of 1995. The words "forecast", "project", "intend", "expect", "should", "would", and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. The above are more fully discussed in the Company's SEC filings.
-------------------- Raptor----Don't confuse bad luck with bad judgement
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Although this may not be exactly what everyone wanted to hear, it is very close. Yes the launch has been pushed off, but, it is made clear why and by moving it to Edwards AFB alot of obstacles have been removed. Also profibility from the rest of the company by the end of 2nd quarter. Ya gotta love it.
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It'll probably drop a few cents more between now and April. Good accumulation opportunity. If the test launch is successful at Edwards I'd expect to see it hit the .60 - .75 range...Opinions?
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