-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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quote:Originally posted by Pagan: Interesting trades this AM. Be on the lookout for further substantial PR's soon. Somebody paid a $.25 premium above yesterday's close to pick up 300,000 shares this morning.
9:30:06 AM Trade 1.63 213500 Buy
9:30:12 AM Trade 1.63 87200 Buy
Interesting.....
Posts: 2367 | From: Detroit | Registered: Mar 2005
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imakmony2005
unregistered
posted
BAMM OUT GOS THE LIGHTS. BACK IN 1.05-9
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I'm back in. I got a "partial trade" executed at $1.30 for 1400 shares. Tried for 2000 shares, got most of it. Looking for a jump up tomorrow.
Posts: 507 | From: Rochester, NY | Registered: May 2005
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posted
I Know what you mean my last message board gave gte up, and stopped talking about them. Iam still in the game just waiting to play. I moved over here to talk to fellow sanswire followers, Good or bad.
-------------------- The needs of the many, out weight the needs of the one or the few. Posts: 47 | From: SO Cal | Registered: Sep 2005
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-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
How low is this going today? The chart doesn't look good and the lack of news from the company is quite un-nerving.
Posts: 230 | From: Virginia | Registered: Mar 2005
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<jps>
unregistered
posted
Their new website is nice. Builds some confidence too.
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Picked up another 1400 shares at 1.16 to average down my overall to 1.23. I keep asking myself - how could it get any lower than this... (don't answer that). I still think these are great prices.
Posts: 507 | From: Rochester, NY | Registered: May 2005
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<Tin Man>
unregistered
posted
Could this stock fall of the AMEX board back to the OTCC? Its almost getting to be a Penny stock
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posted
Any stock under $5 is considered a penny stock. There's no telling how far this will drop to. Could go down to pre-Reverse split price. It seems that the strat is no-wheres near ready to fly as they don't have all the parts in place yet as far as I can tell. News on the strat should bring in some buyers.
-------------------- Buy Low. Sell High. Posts: 10750 | From: The Land Of The Giants | Registered: Feb 2005
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posted
Hey peaser are you in this one I've had it on my watch list for over a year never traded it but now it down to almost to where glass first intriduced it at .06 pre split? what is your take on it
Posts: 598 | From: San Jose, CA USA | Registered: Nov 2003
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posted
I have been wondering the same. I been buying it with my 401k....got about $9,000 invested....and only worth about $7,000 now. When will it end......????
Posts: 2367 | From: Detroit | Registered: Mar 2005
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posted
GlobeTel Communications Projects Record Revenue For 2005 Third Quarter; Company Provides Update on Current Business Activities and Recent Developments FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 23, 2005--GlobeTel Communications Corp. (AMEX:GTE) today announced it expects to achieve record revenue of approximately $22 million for the third quarter ending September 30, 2005, an expected 193% increase from the third quarter last year.
Timothy Huff, GlobeTel Chief Executive Officer, said, "Our anticipated record revenue for the 2005 third quarter reflects the significant progress management has made in the execution of our strategic business plan. We currently have record cash on hand, our top line is growing along with our margins, we are hiring key personnel around the globe as our five business units continue to expand, and we have had a prominent international figure recently sign on as our new Chairman of the Board. In addition, our technology in our SIP-based products, Magic Money, GlobeTel Wireless and Sanswire, continues to improve and stay ahead of the 'tech' curve, effectively strengthening our commercial prospects with various government and commercial entities.
"For the fiscal 2005 fourth quarter, we anticipate gross margins in the range of 3%-5%. The relocation of our new telecommunications facility in Los Angeles, completed in August, will significantly improve gross margins as we now handle carrier traffic through our own network as opposed to using a third party."
Mr. Huff concluded, "I would like to state clearly to our 35,000-plus shareholders that GlobeTel has never been in a better position to realize substantial long-term growth than it is right now. Many shareholders have asked why then has GlobeTel's recent stock performance been so inconsistent with the company's positive growth trends. While it is difficult to attribute stock movement to any one factor, the fact remains GlobeTel's short position has climbed to approximately 3.4 million shares. We believe we are the target of certain market makers that use our stock as a short-term instrument for profit at the expense of our long-term investors who believe in our company's vision. We are confident the activities of our company will enhance shareholder value, leading to less volatility and greater market appreciation. GlobeTel's fundamentals remain sound as the company continues to perform. We firmly believe our future is bright and look forward to reporting third quarter results toward the end of next month and providing future updates on our Stratellite program, as well as other corporate developments, as they become available."
About GlobeTel Communications Corp.
GlobeTel is a diversified, global Telecommunications and Financial Services Company. GlobeTel operates business units in (i) Stored Value & Remittance Cards as a MasterCard certified processor (ii) VoIP Carrier Grade Long Distance Services to major long-distance companies (iii) VoIP development, technology and equipment manufacturing (iv) advanced WiMax services utilizing GlobeTel's proprietary "Hotzone" technology and (v) the development, manufacturing, marketing and provision of near-space platforms known as Stratellites which will soon seamlessly integrate all of GlobeTel's communications and financial services technologies around the world.
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 Securities Litigation Reform Act. 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. GlobeTel and its strategy for launching the Stratellite may vary as conditions and technology changes. There is the possibility that parts of the process may change or be delayed. While GlobeTel plans for the success of the airship, there is no guarantee that it will achieve any or all of its objectives. Any reference within this release that refers or implies a forward-looking statement, is herewith incorporated into this Safe Harbor language.
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
Pagan......great news. I hope....and I don't hope it boosts the stock. I'd like to see it skyrocket.....but I'm still dumping money into it.....$11,000 so far.....anyways, nice update!!!
Posts: 2367 | From: Detroit | Registered: Mar 2005
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posted
That news is movin this pretty good. Can you imagine what kind of strat revs they will be reporting once that gets off the ground? : )
Posts: 421 | From: Florida | Registered: Mar 2005
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posted
ok spoke too soon...if this news does not move this then I can only see it run after the strat gets off the ground..whenever that is? Everybody is probably sick of all the "other" news and no news on the strat
Posts: 210 | From: tampa, fl, us | Registered: Nov 2004
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posted
Sweet swings today. Held up at EOD with a nice close @1.51 UP $.28
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
Show me the money $$$ - sold today. Will wait for the next dip and hop back on.
Posts: 507 | From: Rochester, NY | Registered: May 2005
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posted
Man, you guys swinging this thing should be happy with your cash machine...
It's really turning into a no-brainer.. Everytime recently it bottoms I am off doing sumpin else..From now on I putting some cash aside for GTE..
Posts: 10729 | From: oregon | Registered: Feb 2005
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<jps>
unregistered
posted
GlobeTel Communications Requests Trading Review to Protect Shareholder Value
September 27, 2005 08:30:08 (ET)
FORT LAUDERDALE, Fla., Sep 27, 2005 (BUSINESS WIRE) -- GlobeTel Communications Corp. (GTE, Trade) today announced that in response from a request from the Company, the American Stock Exchange will refer the request for review of possible market manipulation by market participants trading the Company's stock off the Exchange.
The Company has expressed its concern to the American Stock Exchange that certain market participants trading off the Exchange have been using various methods to affect the price of the Company's shares. The Exchange has notified the Company that the matter has been referred to the appropriate internal and external regulatory authorities.
GlobeTel CEO Timothy Huff commented "There should be no doubt that we will pursue all avenues to assure that GlobeTel shares trade in a market free from manipulation and that all market participants trade according to the regulations. These actions will not be tolerated."
As the progress and results of this type of review are not made public by the reviewing organization, GlobeTel will not be able to provide shareholders with any additional information or updates
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posted
GTEL / GTE === JUST A HEADS-UP TO ALL... this one may or may not be a good play.... i'll probably be dropping by during October to see how it's doing... and i'll be commenting on how mm's are reacting to boycott... i'm rooting for you if you're successfully playing it, since that hurts the mm's ... i'm also rooting for you if you're in on the october A-G boycott october boycott thread on this board good luck to you! Posts: 229 | From: new mexico | Registered: Apr 2005
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posted
Looks like Mr.Huff has taken care of business. We should start climbing back to where we belong now. Some more good news about our core business or even better news about our STRAT will really get this moving above $2.00 again. I say this is bottom now. Keep the faith and GLTYA!
Posts: 208 | Registered: Sep 2004
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... i'm also rooting for you if you're in on the october A-G boycott ![[Razz]](tongue.gif)
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