posted
FT. LAUDERDALE, FL -- (MARKET WIRE) -- 08/24/04 -- GLOBAL TRIAD, INC. (OTC: GTRD), traded on the Over the Counter Pink Sheets, announced today that they are preparing within the next three weeks to see the first proof of concept presentation of their new and revolutionary VoIP compression technology that will increase speed and reduce the cost associated with voice and VoIP calls over the Internet. When development is complete, it will allow streaming and high-speed full screen video traffic to pass through existing small pipes with excellent quality. After successful presentation, Global Triad will complete the software development to imbed the compression into several devices for live field trials. Global Triad has a worldwide exclusive right to sell, license, and use this new breakthrough technology. Interested parties should contact Anthony Mellone Jr. at 954-561-7321 for information and questions regarding potential license relationships.
Anthony Mellone Jr., C.E.O. of Global Triad, stated, "This new compression will allow data to travel without data loss compressed at a never before achieved rates. As an example, If a Competitive Local Exchange Carrier (CLEC) spends ten million ($10,000,000) annually for bandwidth, with our compression technology, that CLEC could save as much as 60% to 70% on their bandwidth costs that would intern translate to increased profits." Mr. Mellone continues by saying, "Think about it. This can put Global Triad on the radar screen of every telecommunications company worldwide. Literally billions of dollars spent annually by the Telco's worldwide on bandwidth alone, and when you think about how much they could save, every Telco in the world would want to take advantage of it."
About Global Triad
Global Triad Incorporated (GTI) is a holding company with headquarters in Ft. Lauderdale, Florida. It is the Company's intent to become a leading force in the digital communications sector through a combination of organic growth and mergers or acquisitions of complementary businesses. At this time, GTI owns and operates one subsidiary, Global TV, Inc., (GTV) a Florida Corporation. The primary business of GTV is the aggregation and delivery of a wholesale, end-to-end wireless digital communications system utilizing both Internet Protocols (IP) and proprietary digital devices. The company will offer over wireless high-speed networks a "Triple Play" consisting of Voice over Internet telephony (VoIP), high-speed Internet data delivery and true Video-On-Demand (VOD). Both the Internet and VOD will be accessible through the consumer's television. The VOD content will appear at 30 frames-per-second, the industry standard for television. Global Triad recently announced the acquisition and worldwide rights to a proprietary compression technology that will significantly reduce the cost of bandwidth required for VoIP.
Safe Harbor Provision
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward-looking statements made by Global Triad, Inc. is not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Global triad and Global TV Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.
------------------ You Must Adapt To Your Opportunities And Weaknesses. You Can Use A Variety Of Approaches And Still Have A Consistant Result. - Sun Tzu, "The Art Of War"
Do Da Due.....But Be Damn Quick About It. - Dardadog, "Da Art Of Daytrading"
posted
This is flying. Lucky enough to get some at .036 and tried to get more at .038 with no luck. Low float and this thing going to go up more.
Posts: 55 | Registered: May 2004
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Anyone who got into this when dog first posted it and is still holding is now sitting on a 400% return in 2 days. Nice
Posts: 55 | Registered: May 2004
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This is the best part after their breaking news on their VOIP. I'm in and looking forward to that forward split. This puppy will be a great dane once that product goes online. FT. LAUDERDALE, FL, Aug. 06, 2004 (MARKET WIRE via COMTEX) -- GLOBAL TRIAD, INC. (GTRD), traded on the Over the Counter Pink Sheets, announced today that the press release dated August 4th, 2004, announcing that the Company has forward split the stock 100 to 1 effective immediately was incorrect, and should be stated that as of August 4th, 2004, the Board of Directors has approved a 100 to 1 forward split. The effective date will be announced after proper filings with the regulatory and transfer agencies are complete.
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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yep bought 65k @.14. The best thing is the 100/1 hasn't happened yet, and once that does, with this steam building about the VOIP product it's gonna pop. Might I say "goes the weasel". THIS IS A BIG BREAKTHROUGH FOR THE DIGITAL WORLD FOLKS. JUST IMAGINE IF YOU DEVELOPED THE MP3 FORMAT OR THE MPG FORMAT.
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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The best part is the last sentence. Tell me that money wasn't for getting the R&D done on the new VOIP product. I'm tellin ya if this thing is real in 3 weeks I may be debt free BABY!!!...well hopin anyway Anthony Mellone Jr., Executive Vice President of Global Triad, stated, "I apologize for the confusion this has created. We are working diligently with the transfer agent submitting the proper paper work." Mr. Mellone continued by saying, "In light of recent financing opportunities, we felt that this was the proper course of action." Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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I considered this company, but came across this PR and it bothered me. Any opinions on why they would all quit?
quote:GLOBAL TRIAD, INC. KEY EXECUTIVES OF THE COMPANY RESIGN EN MASSE.
KEY EXECUTIVES OF GLOBAL TRIAD, INC.THAT INCLUDES THE CEO, CFO, CTO AND CMO HAVE RESIGNED EN MASSE FROM THE COMPANY.
SARASOTA, FL (PRWEB) August 9, 2004 -- Citing immense philosophical business operating differences with the majority shareholders of Global Triad, Inc., key executives including Mr. John Medico the Chairman & Chief Executive Officer, Mr. Thomas Smith the Chief Financial Officer, Mr. Thomas Terwilliger the Chief Technology Officer and Mr. Rick Stotts the Chief Marketing Officer have appropriately submitted their resignations to the company.
posted
Yep...it's a good question. Hope it doesn't end up burnin my backside. I'm just hoping they do have that technology mentioned in their latest. If so then my future will be greener. GLTU'S'A
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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I tried to located this PR but couldn't find it on either CBS MarketWatch or Pinksheets websites. Where is this one?
quote:Originally posted by jess: I considered this company, but came across this PR and it bothered me. Any opinions on why they would all quit?
[QUOTE]GLOBAL TRIAD, INC. KEY EXECUTIVES OF THE COMPANY RESIGN EN MASSE.
KEY EXECUTIVES OF GLOBAL TRIAD, INC.THAT INCLUDES THE CEO, CFO, CTO AND CMO HAVE RESIGNED EN MASSE FROM THE COMPANY.
SARASOTA, FL (PRWEB) August 9, 2004 -- Citing immense philosophical business operating differences with the majority shareholders of Global Triad, Inc., key executives including Mr. John Medico the Chairman & Chief Executive Officer, Mr. Thomas Smith the Chief Financial Officer, Mr. Thomas Terwilliger the Chief Technology Officer and Mr. Rick Stotts the Chief Marketing Officer have appropriately submitted their resignations to the company.
[/QUOTE]
[This message has been edited by Spinoff (edited August 26, 2004).]
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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posted
Thanks. Man that sucks that wasn't on the other sites, cuz I would've seen that. I still like their technology focus. What do you guys think about all this? I'm in this pretty deep, and I only know more about technology than the business side so I don't want to get caught with my shorts down. Thanks ahead of time.
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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posted
More than likely those guys signed a non-disclosure agreement when they were hired. We could always call and ask the company directly. There are several phone numbers listed in the PR's. I was gonna do it, but I can't call long distance from work.
If no straight answers can be found from the company we could call the former CEO, Michael J. Schweitzer. According to the PR's he quit in April to take a job at Brightwire Corp. in Orlando. Other than that, everyone is just gonna come up with wild guesses.
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COOL Thanks Jess!!! Man I tell you want though...even if they were booted or left or whatever it would suit everyone's best interest to read this. http://www.globaltriad.net/technology.html I'm sold on this technology, cuz I use winzip a ton. I can easily see this being in my Program list once it hits the selves. YA JUST GOTTA LOVE COMPRESSION BABY!!!
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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It appears as though there's another name for Brightwire Corporation. Brightstream corp was recently (May '04) purchased by ULXX. From my limited amount of searching, I believe that Brightstream/Brightwire is owned by ULXX. GTRD appears to now have exclusive rights to license and sell the technology, I suppose as a distributor type of agreement. http://www.tmcnet.com/usubmit/2004/may/1038523.htm
So I guess the unnamed "research partner" on the global triad page about their compression technology is ULXX/Brightwire/Brightstream.
[This message has been edited by jess (edited August 26, 2004).]
quote:Originally posted by Spinoff: COOL Thanks Jess!!! Man I tell you want though...even if they were booted or left or whatever it would suit everyone's best interest to read this. http://www.globaltriad.net/technology.html I'm sold on this technology, cuz I use winzip a ton. I can easily see this being in my Program list once it hits the selves. YA JUST GOTTA LOVE COMPRESSION BABY!!!
I believe that this is more of an embedded compression codec that will more than likely be licensed for use by hardware manufacturers.
[This message has been edited by jess (edited August 26, 2004).]
posted
Even better IMO then they might be bought out by a bigger company ie. Cisco....just throwin' that one out there cuz ya just nevah know. Either way this stuff will take off if goes unmatched. Thanks again Jess. I may give the ex officer a call. Latah'. Spin.
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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Ah distributor. Yep I get it now. It may still be a target for a bigger fish. What do you think about that possiblity? It did mention data at the end of that page too, which leads me to believe there will be software...hopefully. Also, this is the first I've heard of being able to compress an already compressed object. Am I just outta the loop on this one or have other computer guys seen this type of technology before. Thanks. Spin.
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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posted
Here's a PR from ULXX. This might be what the above posts are describing i.e. "license is pending". And this PR was on 6/22...so this might just be the ticket Ultrexx Acquires License Rights From ESPRE Solutions 6/22/2004 4:20:00 PM ORLANDO, Fla., Jun 22, 2004 (BUSINESS WIRE) -- Ultrexx Corporation (ULXX) announced today that through its wholly-owned subsidiary BrightStream Corporation it has acquired the rights to market and sell ESPRE Solutions technology, including its patented "Lightening Strike" video/audio compression codec, its "View Mail" system for transmitting video as E-mail, and its "View Chat" technology for highly encrypted Internet Protocol video conferencing. The sales and marketing team at BrightStream Corporation has licensed the "View Mail" system to the Video Mail Corporation, which provides services to advertisers and advertising agencies throughout the United States. A license for the "Lightening Strike" codec is pending with a leading cable television service provider. It is presenting the codec to several major firms for testing and evaluation during the SuperComm show in Chicago. ESPRE Solutions this week has been awarded "Best of Show" in the Wireless/Mobile Networks or Services category at the annual SuperComm Convention in Chicago for its ESPRE Link line of products and services. "We are extremely proud to be associated with ESPRE Solutions," said Michael J. Schweitzer, CEO of BrightStream. "Pete Ianace has assembled a remarkably talented team that has both the skills and the vision to create a suite of highly marketable products and services based on their codec," he added. Ultrexx is a business management firm that invests in early-stage companies engaged in various aspects of digital communications. It is based in Maitland, Florida, and has offices in Seattle. It trades on the OTC Pink Sheet Market under the symbol ULXX. It will soon file for a new trading symbol and officially change the company name to IP Matrix Corporation.
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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posted
I doubt bigger fish. ULXX is a Business development company, who purchases smaller companies when they're just starting out. I would guess that eventually if Brightstream gets big enough, it would be spun off into a separate ticker with ULXX shareholders getting some shares.
Regarding GTRD, I really don't know. I think GTRD just paid for the right to license and sell the technology, I don't think they actually own the intellectual rights for it.
Someone should call Brightstream/Brightwire and clarify their relationship with GTRD and their brightstream technology. I'd call, but actually supposed to be doing my real job right now, not researching stocks.
posted
Here's Brightwire's email for IR IR@brightwireusa.com I'll send a message, and hope others will too. I'll letcha know if I here back. Thanks.
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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If what you say is true about just acquiring the liscense to resell then this statement from Global doesn't really make sense to me. Can you take a stab at it Jess. Thanks. "Global Triad will complete the software development to imbed the compression into several devices for live field trials"
quote:Originally posted by jess: I doubt bigger fish. ULXX is a Business development company, who purchases smaller companies when they're just starting out. I would guess that eventually if Brightstream gets big enough, it would be spun off into a separate ticker with ULXX shareholders getting some shares.
Regarding GTRD, I really don't know. I think GTRD just paid for the right to license and sell the technology, I don't think they actually own the intellectual rights for it.
Someone should call Brightstream/Brightwire and clarify their relationship with GTRD and their brightstream technology. I'd call, but actually supposed to be doing my real job right now, not researching stocks.
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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quote:Originally posted by Spinoff: Here's Brightwire's email for IR IR@brightwireusa.com I'll send a message, and hope others will too. I'll letcha know if I here back. Thanks.
I emailed a couple hours ago also, but haven't heard anything back.
quote:Originally posted by Spinoff: If what you say is true about just acquiring the liscense to resell then this statement from Global doesn't really make sense to me. Can you take a stab at it Jess. Thanks. "Global Triad will complete the software development to imbed the compression into several devices for live field trials"
Everything I've said is my best guess. I don't know exactly what their business plan is. I would guess that GTRD is building several devices as a proof of concept for marketing of the compression codecs they've licensed. They need to have hardware available to show potential licensees the capabilities of the product.
posted
Cool Thanks again....see my business sense is not all there. Your analysis makes me feel a little bit better. This could be a pretty good thing if the products seems marketable eh'? I guess we just need to see what they got undah' the hood 3 weeks and counting!
Posts: 829 | From: people's republic of cambridge | Registered: Jun 2004
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posted
So lets sum this up a bit. (GTRD) Global Triad has a worldwide exclusive right to sell, license, and use this new (Voip compression) breakthrough technology. Unknown is who the research partner (developer) is.
ULXX's Brighstream Corp. acquired the rights to market and sell ESPRE Solutions technology; it does not say they are the developers. In fact ESPRE Solutions technology was developed by a pink sheet company ESPRE Solutions Inc. (EPRS)
My questions:
Why would GTRD partner with Brightstream (a distributor) so they can again distribute the product?
posted
I linked Brightstream/Brightwire with GTRD because the former CEO of GTRD (Michael J. Schweitzer) went to work for Brightstream/Brightwire in April according to a GTRD PR.
They use the words "triple play", which is the exact same wording used by GTRD when describing their ability to do voice, data and video on one network. I believe Brightstream/Brightwire is the actual intellectual rights holder (or inventor) of "Brightstream Compression" technology and GTRD is simply licensing the technology. Whether they are going to actually create the hardware, or simply distribute the technology, I don't know.
I can't find any links between GTRD and ESPRE. I doubt there is, other than the fact that ULXX purchased ESPRE as another investment similar to BSC/BGWR.PK ULXX is just the parent company.
[This message has been edited by jess (edited August 26, 2004).]
[This message has been edited by jess (edited August 26, 2004).]
------------------ You Must Adapt To Your Opportunities And Weaknesses. You Can Use A Variety Of Approaches And Still Have A Consistant Result. - Sun Tzu, "The Art Of War"
Do Da Due.....But Be Damn Quick About It. - Dardadog, "Da Art Of Daytrading"
posted
Grand Palms Hotel in Ft. Lauderdale, Florida
Installation of the New Sprint Link Fiber Network Is Complete
FT. LAUDERDALE, FL -- (MARKET WIRE) -- 08/31/04 -- GLOBAL TRIAD, INC. (OTC: GTRD), traded on the Over the Counter Pink Sheets, announced today that installation of their Super WIFI 802.11 wireless broadband technology has begun at the Grand Palms Hotel in Ft. Lauderdale, Florida. Installation is scheduled to be complete and ready for testing and demonstration by the end of business today. The Company also announces that the installation of their new Sprint Link Fiber Network was completed on Friday, August 27th.
Mr. Anthony Mellone Jr., Executive Vice President of Global Triad stated, "We are on track, as soon as testing of the system is complete, to begin generating revenues as soon as next week. This will be the first actual working application and proof of our technology." Mr. Mellone continues by saying, "We are in advanced discussions to demonstrate our technology with several potential territory partners so that we can begin the process of expanding in other areas of the county."
Global Triad is currently restructuring the company that will organize our compression technology, production facility, and WIFI technology into separate Corporate Divisions. An announcement will be made early next week that will outline these changes, and will also include changes and additions to our current Board of Directors.
About Global Triad
Global Triad Incorporated (GTI) is a holding company with headquarters in Ft. Lauderdale, Florida. It is the Company's intent to become a leading force in the digital communications sector through a combination of organic growth and mergers or acquisitions of complementary businesses. At this time, GTI owns and operates one subsidiary, Global TV, Inc., (GTV) a Florida Corporation. The primary business of GTV is the aggregation and delivery of a wholesale, end-to-end wireless digital communications system utilizing both Internet Protocols (IP) and proprietary digital devices. The company will offer over wireless high-speed networks a "Triple Play" consisting of Voice over Internet telephony (VoIP), high-speed Internet data delivery and true Video-On-Demand (VOD). Both the Internet and VOD will be accessible through the consumer's television. The VOD content will appear at 30 frames-per-second, the industry standard for television. Global Triad recently announced the acquisition and worldwide rights to a proprietary compression technology that will significantly reduce the cost of bandwidth required for VoIP.
Safe Harbor Provision
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward-looking statements made by Global Triad, Inc. is not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Global triad and Global TV Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, the availability of technical personnel, changes in technology and competition.
Contact: Harrison, Elliott, & Brown Henry Harrison (407) 862-5151 hharrison@insidewallstreet.com www.insidewallstreet.com
------------------ You Must Adapt To Your Opportunities And Weaknesses. You Can Use A Variety Of Approaches And Still Have A Consistant Result. - Sun Tzu, "The Art Of War"
Do Da Due.....But Be Damn Quick About It. - Dardadog, "Da Art Of Daytrading"
DaDog
[This message has been edited by dardadog (edited August 31, 2004).]