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Author Topic: GTEL/Stratellite
glassman
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since the old thread was becoming so long i'll start a new one.....


heres a link to the old thread.....

http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/f/2/t/005754/p/1.html?

[ March 09, 2005, 08:23: Message edited by: glassman ]

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Don't envy the happiness of those who live in a fool's paradise.

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stocks100
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one can only hope
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cruz
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you have to give a round of applause to the man who started it all - the glassman. it has been fun so far and i hope it will continue. thanks glass!
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stocks100
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yea really

thanks glass, nice pick with GTEL

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blueranger
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gtel can go to 3 or 4 buck just like siris
satelite once it gets in the air and starts making
more money...

and in 8 or 10 years it could go as high as any
stock .... mid twenties anything is possible.

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glassman
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lot's of people were watching this.....
i just happened to have it on my top watchlist...

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Don't envy the happiness of those who live in a fool's paradise.

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stocks100
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on marketwatch.com is has GTEL down to .29 on afterhours trades....can that be right?

After Hours: 0.29 -0.04 -11.08% 210,000 4:19pm
3/8/2005

http://www.marketwatch.com/tools/quotes/quotes.asp?symb=gtel&vc=0&siteid=mktw&dist=dropmenu

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stocks100
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I sure hope that's wrong
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RamRock
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stocks100
i saw that too -- what's the deal? either way the charts are looking mighty good...

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-- RamRock --

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stocks100
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I can't imagine that it could lose that much ground after 4:00


I didn't think this stock could be traded after hours anyway

anybody know?

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glassman
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i wouldn't worry too much...nontrading hours tend to be much more volatile cuz there is much less action...

keep in mind that a single space sattelite costs much more to build than the current value of the whole company....

never mind launching etc...( i think it's 7500$ per pound to deliver a satellite to orbit)...

there are alway problems getting new technology worked out...

as somebody said, the biggest worry should be whether the COMPANY is committed to success here...
i don't think they brought in NASA and the USAF and others to fail....

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Don't envy the happiness of those who live in a fool's paradise.

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stocks100
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so do we think it will get back into the .30s tomorrow?
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glassman
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we need to get the FAA aproval for the next big push...

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Don't envy the happiness of those who live in a fool's paradise.

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stocks100
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Gtel's website is down

just as an aside

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d6veteran
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If everything goes well with their current schedule, I think this stock will see $3 to $5 in a year.

That is my *conservative* estimate.

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Hellboy
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GLOBETEL COMMUNICATIONS CORP: S-8 BACK PRINT THIS PAGE CLOSE WINDOW


AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MARCH 7, 2005
REGISTRATION NO. _________
=====================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

GLOBETEL COMMUNICATIONS CORP.
-----------------------------------------------------
(Exact name of registrant as specified in its charter)



Delaware 88-0292161
------------------------------------ -------------------------------
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification Number


9050 Pines Blvd. Suite 110
Pembroke Pines, FL 33024
----------------------------------------------------
(Address of Principal Executive Offices)

GLOBETEL COMMUNICATIONS CORP.
2004 EMPLOYEE STOCK OPTION PLAN
----------------------------------------
(Full title of the Plan)

Timothy Huff
Chief Executive Officer
9050 Pines Blvd. Suite 110
Pembroke Pines, FL 33024
--------------------------------------------------
(Name and address of agent for service)

(954) 241-0590
-------------------------------------------------------------
(Telephone number, including area code, of agent for service)

-------------------
With copies of correspondence to:

Jonathan D. Leinwand, Esq.
12955 Biscayne Blvd., Suite 402
North Miami, FL 33181
(305) 981-4524


CALCULATION OF REGISTRATION FEE


=================================================================================================================
Proposed maximum
Title of securities Amount to be offering price Amount of
to be registered registered per share (1) registration fee (2)
-----------------------------------------------------------------------------------------------------------------

Common stock,
$.00001 par value 32,400,000 $0.2985 $ 1,138.32

=================================================================================================================

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glassman
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i hope that's the whole year's budget....

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Don't envy the happiness of those who live in a fool's paradise.

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Dustoff 1
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GLASSMAN..Take credit when you feel you are worthy of it!!I don't want you to get a swelled head ,but when I began accumulating I did so on your recomendation.I now have 10k free shares and all my money back.!!!!!!!THANKS
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GuiltyMoney
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I hope his head gets as big as the GOODYEAR BLIMP !! So this baby can fly just as High..LOL
Has been very good.. [Smile] Thanks

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Dustoff 1
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GMONEY don't you mean the GTEL Airship!!
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Peaser
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I got a laugh from this post yesterday.

http://www.equitygroups.com/otcbb/gtel/messages/2015.html

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Buy Low. Sell High.

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glassman
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let me run a little math by you on this S-8.

i'll round up....

33 million shares added to the Outstanding Shares...

thats Less of the OS than 5% so we'll use 5%...

5% of .30$ is .015$....

so this share issue amounts to LESS than 1.5 cents per share in value DILUTION.....

don't overreact...

it looks like people already did in after hours yesterday...

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Don't envy the happiness of those who live in a fool's paradise.

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Dustoff 1
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I hope they do overreact MORE SHRS!!!!
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glassman
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yes, people do over-react...

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Don't envy the happiness of those who live in a fool's paradise.

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stocks100
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aaaand here comes the fall
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Dustoff 1
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Speaking of reacting.. many seem to follow NITES lead
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Peaser
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Has anyone heard an estimate on how long it takes to produce one Strat?

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Buy Low. Sell High.

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jordanreed
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dont start bitchin if this goes back to support until FAA news. or some other less significant news.

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jordan

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glassman
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the first one is usually the longest...

whenever anybody asks me how long it takes to blow a peice of glass? i tell them my age... [Big Grin]

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Don't envy the happiness of those who live in a fool's paradise.

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jordanreed
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i once blew a piece of glass

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jordan

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stocks100
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if it can somehow stay above .30 until the FAA news....I will be quite happy
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gmh37
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stocks100,
I think it will hang around 0.30 all day

gmh37

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stocks100
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yea that looks about right gmh37
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Peaser
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Just read GTEL's press release. What is a reverse split?

lol

[ March 09, 2005, 13:06: Message edited by: Peaser01 ]

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Buy Low. Sell High.

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George
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quote:
Originally posted by Peaser01:
Just read todays GTEL press release. What is a reverse split?

lol

Quite trying to cause problems and go sell your MSEP

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If all goes well then great, if not, make it work.

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