quote:

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Originally posted by kbpkt:
Did they ever say when the date of record is for people to be eligable to recieve those shares?

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Global Explorations Inc     (OTHER OTC: GXXL) Last Update: 4:11:19 PM ET Jul 22, 2004  
 
Global Sets Record Date of July 30 for 7-1 Share Distribution of the Feinstein Report

RESTON, VA, Jul. 22, 2004 (MARKET WIRE via COMTEX) -- Global Explorations Inc. (GXXL) hereby sets the record date of the share distribution as of July 30th.

Outstanding Shares: 140,247,920
Source: Stock Split ( 08/30/2004 )

Also not many trades for such a big volume yesterday
# of Trades: 83 Volume: 176,285,100
Avg. # of Trades: 42 Avg. Daily Volume: 136,541,099

Global: Universal Acquires 14.9% Equity Stake in Global at .0125 Cents Per Share; Pays $50,000 for Option to Acquire Additional Shares

Tuesday , September 14, 2004 16:10 ET

KAMLOOPS, British Columbia, Sep 14, 2004 (PRIMEZONE via COMTEX) -- Global Explorations Inc. (Pink Sheets:GXXL) announces that Universal Beverages has taken a 14.9% equity stake in Global Explorations at .0125 cents per share.

Universal is also paying a non-refundable deposit of $50,000 for an option to acquire an additional 10% of the company at a price of .025 cents per share. The option is good for one year.

Michelle Yulanda, Vice-President of Business Development & Acquisitions at Universal, explains the reasons for which Universal is acquiring a substantial stake and paying a premium for shares in Global:

-- The database of cell phone numbers that Global has assembled
during the last few months is priceless. The ability to reach
more than 1,000,000 unique individuals at anytime is on par with
some television networks.

-- Universal is taking a strategic equity position in Global as the
company is positioned for exponential growth in earnings and
revenues within the next few months.

-- Universal believes that Global is following highly a successful
SMS business model which has been proven very successful
overseas. We want to make sure that we do not miss the boat
again.

-- Global's SMS messaging interface is by far the simplest and easy
to use compared to other SMS providers. This gives Global a
strategic advantage over its competitors.

-- Universal can utilize Global's current cell phone database to
market its products.

About Global Explorations Inc.

Global Explorations in association with MillenniumSMS (http://www.MillenniumSms.com) develops SMS software for consumers and businesses. The company is in the process of building a worldwide database of cell phone numbers which can be used as a marketing vehicle.

CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.

SOURCE: Global Explorations, Inc.

Am I missing something, or is this very good news? .0125? .025???

The only thing I'm not comfortable with, is it's more and more clear that this is all about cell phone spam, and selling the database to whomever.

quote:

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Originally posted by kbpkt:
I've been reading the GXXL thread over at hot stock market, it appears this news is as good as it seems. And to think I've had a sell in at .0005. Good thing that is canceled now. I'm looking for a gap up in the morning. Everyone over on hot stock market is claiming a gap up to .01 at the bell, (LOL) not going to happen, but a nice run is goanna happen tomorrow. I wish the news on MLON was as good.

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quote:

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Originally posted by Ktrain420:
what do ya'll think of this thing??

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Well, uh... the bid needs to come up?

Hey, a 25% gain is a 25% gain. If it does that every day, that'll be just fine.

Who knows HOW many companies will want to get their grubby little hands on that cell phone database for the next new wave of spam.

KAMLOOPS, British Columbia , Sep 16, 2004 (PRIMEZONE via COMTEX) -- Global Explorations, Inc. (Pink Sheets:GXXL) should have positive cash flow for the third quarter ending in September 2004.

Global is on track to declare a small operating profit from its SMS Text Messaging Operations. This is a strategic turning point for the company and was achieved primarily from a single revenue stream (press release distribution services).

For the fourth quarter, Global will be initiating the following additional revenue streams:

-- MMS (Full Motion Video Clip) Advertising Services -- Ring Tones, Wallpaper & Video Game Downloads -- Paid Security Alerts Service on 911Sms.com -- Subscription based Live Sports Scores Updates -- Introduction of Banner Advertising

We have achieved profitability from a single revenue stream. Once these additional revenue streams are implemented, we should see an exponential growth in revenue and profit.

The company has also aggressively cut costs and overhead expenditures during the last quarter. For example, the company's offices have shifted to Canada, due to the lower costs of operations.

Additional details shall be made available shortly

About Global Explorations, Inc.

quote:

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Originally posted by beefcake:
well the company says they are not selling shares but where are they comming from? I don't know about you but i don't trust anyone in this game. Those shares are coming from some where and it did not have a run up yet for people to take profit. i could see seiling at .0007 or .0008 since it has been at .0004 and .0005 but all the sells are at 4 and 5

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Okay people, let's have a little reality check. First of all the volume on this stock has been extremely low since the split. before the split this stock was trading between 100 to 200 Million shares a day and after the split it dropped, for some reason, to around 50 Million shares today. Ideally to maintain the same movement the stock had before the split means that this stock should be trading around 1 Billion shares a day or more. I think what is happening is that most people held on to their shares after the split. With the good news it some people probably decided to unload a little bit of their shares but the fact that it still only traded between 100 to 200 Million shares the last two days is still only getting back to the average movement before the split and we now have a float 10 times bigger than that.