posted
Yup, this is an excellent pick. Give it a few months, and it will be up. For a really good run, hold this one for a year+.
They have some very good VOIP products coming out and are in markets around the world. Look at their website and see their yearly letters. http://www.globetel.net/
posted
GTEL has been profitable in past, so they know how to make money. Last fall had a huge write off for an Australian venture where GTEL was paid in stock-- stock was delisted from Australian exchange and appears to be worthless. I've owned since December, intend to sell half for free shs ++ and hold remainder for long term.
I like company and future prospects.
------------------ Evan
Posts: 15 | From: Lutherville, Maryland, USA | Registered: Feb 2004
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posted
MIAMI, Mar 10, 2004 (BUSINESS WIRE) -- GlobeTel Communications Corp. (OTCBB:GTEL) today announced the signing of a Binding Letter of Intent to purchase substantially all of the assets of Sanswire Technologies, Inc. (SNWR.pk). GTEL's acquisition of Sanswire is subject to the completion of its due diligence, the satisfaction of several conditions set forth in the Binding Letter of Intent and the execution of a definitive Purchase Agreement by April 30, 2004. It is anticipated that the transaction will be completed by the end of March, 2004.
Posts: 443 | From: Honolulu, HI | Registered: Jan 2004
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