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» Allstocks.com's Bulletin Board » Hot Stocks Free for All ! » GTEL to become GTE (Page 7)

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Author Topic: GTEL to become GTE
charger
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Glad i picked up 15000 more at .24 on friday.
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T e x
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can I get some help, please. On phone w broker: don't my new r/s shares? When was/is the pay date?
Thanks...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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stockaholic
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Tentative pay date is tomorrow the 24th. That's what Scottrade told me this morning.
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T e x
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thank you, stockaholic

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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stockaholic
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Welcome : )
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TampaInvester
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what was the R/S for GTEL...
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<HoldingGTEL>
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quote:
Originally posted by TampaInvester:
what was the R/S for GTEL...

I believe it was 1:16
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d6veteran
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1:15
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George
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Doing pretty good for our first day on the AMEX....

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

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TampaInvester
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are the shares owned before move to amex automatically transfered with the split. I do not see any "GTE" shares owned in my account
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jordanreed
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They should be transfered automatically. Mine were with ameritrade

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jordan

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T e x
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quote:
Originally posted by TampaInvester:
are the shares owned before move to amex automatically transfered with the split. I do not see any "GTE" shares owned in my account

tampa, same deal = scottrade. They don't have em, yet; but due date on GTE is Wed....

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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TampaInvester
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quote:
Originally posted by BuyTex:
quote:
Originally posted by TampaInvester:
are the shares owned before move to amex automatically transfered with the split. I do not see any "GTE" shares owned in my account

tampa, same deal = scottrade. They don't have em, yet; but due date on GTE is Wed....
why is scottrade f'in late on everything? I am seriously thinking on moving to ameritrade

I hope I don't have to pay heavily for using scottrade (GVRP)

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Ziptar
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Who is MWSE in with a $6.07 ask and $1.86 Bid for 100 shares each way at the bell??
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gotti1721
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it might of went up because alot of people couldent sell. well only the people that use scottrade.
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Ziptar
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Finally a little Press announcing the move..

quote:
Press Release Source: The American Stock Exchange

American Stock Exchange List Common Stock of GlobeTel Communications Corporation
Monday May 23, 1:52 pm ET

NEW YORK, May 23 /PRNewswire/ -- The American Stock Exchange® (Amex®) today listed the common stock of GlobeTel Communications Corporation under the ticker symbol GTE.
GlobeTel Communications is a diversified Telecommunications and Financial Services Company. GlobeTel operates business units in Stored Value debit cards, as a certified MasterCard processor, the sale of Carrier grade VOIP for Long Distance to major Long Distance re-sellers, VOIP Technology and development, and high altitude airship research and development.

"We are extremely pleased to welcome GlobeTel Communications to the American Stock Exchange," said John McGonegal, senior vice president of the Amex Equities Group. "We look forward to assisting GlobeTel Communications Corporation in building a long-term shareholder value and raising the company's visibility in today's market."

Timothy Huff, CEO of GlobeTel said, "This is a great day for the shareholders, employees, and partners of GlobeTel Communications. We are extremely pleased to be part of one of the most significant stock exchanges in the world. We look forward to continued success and to being part of the American Stock Exchange family of companies."

The specialist in GlobeTel Communications Corporation will be J. Streicher. For further information on GTE and other Amex-listed companies, please visit http://www.amex.com.


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George
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3.00 x 5.24


GO

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

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Ziptar
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It's been nothing but Jokers for 24 hours....
Bid Ask
200 x 0.01 PACX 200 x 99.00 PACX
100 x 0.01 NASD 100 x 2000.00 NASD

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stockaholic
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Scottrade finally changed my account to GTE Why are they behind on everything? Good thing I didn't wanna trade this yesterday
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George
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quote:
Originally posted by stockaholic:
Scottrade finally changed my account to GTE Why are they behind on everything? Good thing I didn't wanna trade this yesterday

They are saving us from ourselfs......see the GVRP thread...

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

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<jps>
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It also took etrade until this morning, so it isn't only Scottrade. But it's not a big deal.
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boilerroom
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25-May-2005

Entry into Material Agreement


ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On May 9, 2005, the company entered into a private placement with a number of accredited investors whereby these investors have purchased $2,357,959.96 in Globetel's Common Shares at a price of $0.1924 per share, with Warrants to purchase up to an additional 8,578,856 shares of common stock of the Registrant at an exercise price of $.3395 per share.

On May 23, 2005, the Company accepted an additional subscription from one of the initial investors increasing their investment by $250,000 on the same terms and conditions as all the other investors.

The Registrant has entered into a Registration Rights Agreement with the investors and is obligated to register the shares purchased by Investors and the shares underlying the Investor's warrants.

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sharkone
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Has anyone ever tried telephoning Jim "Mad Money" Cramer on his take on GTE, now that it is traded on AMEX?

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No matter how thin you slice it it's still baloney...

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yoke yanker
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The amex is not treating our beloved GTEl to kindly. Down .16 this morning
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glassman
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just waiting on some news

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

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Edster
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quote:
Originally posted by yoke yanker:
The amex is not treating our beloved GTEl to kindly. Down .16 this morning

and we thought the MMs were bad. Welcome to the world of listed AMEX stocks [lol]
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boilerroom
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Be patient guys, remember we opened at 3.60 so we are still up! Gte just needs some news and then it will climb. This is the quiet before the storm.
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JHenry
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Alright - let's see some picture outside the hanger - we're ready!
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yoke yanker
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So baby, here's your ticket, and the suitcase in your hand
Here's a little money, now we'll do it just the way we planned
You be cool for twenty hours, and I'll pay you twenty grand...
"Glenn Frey"..Smugglers Blues...

Wow, that used to be the theme song at Hangar 10 down on the Rio Grande many years ago in my youth. (-;
Cheers

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glassman
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here's the kicker...


it's the lure of EZ money, it's got a VERY srong appeal...... [Big Grin]

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

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yoke yanker
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Now down 10 percent but looks like it found some support at 3.48
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Pagan
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Quite the shake...wonder how many stop losses were wiped out by that dip......

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It is impossible to make anything foolproof because fools are so ingenious.

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Edster
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looks like we are going to bounce around between 3.5 and 3.54 for the rest of the day.
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Original_Cashmaker
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Terrible close. Long run I think it will be great to move to AMEX but right now I'm afraid the "base" investor has been lost--this company was always so great because we all saw it going from .20 to $20. Now that it is at 3.50, it seems much less appealing to penny investors and is lost amongst the hundreds of relatively obscur $3 stocks.

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Got stars?

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Sgt. Steiner
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Yes Im glad I got out of this stinking turd. Good news is it will be back in the .20s soon LOL
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