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Author Topic: GTEL WOW I LOVE THIS ONE?????
dellamorte dellamore
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It looks like Globetel purchased Sanwire's " Stratellite " technology in the form of shares , and all current shares of SNWR will become or be registered as Gtel shares . I don't know if there is a cutoff date for this such as when a split or a dividend is announced , but Sanwire will have a name change in the future and trade under a diff symbol eventually , but Gtel will own their technology .


Here's something to think about , since about a year and a half ago , all insider trading for Gtel has consisted of sells . It's just a bit curious that the officers of a company who feeel they have a great product would be selling instead of accumalating . Could be just some profit taking , because i don't know how much they still own . Each sale seems to have been executed at the pps the stock is at now , about . Could it be some sort of pattern , don't know .


http://finance.yahoo.com/q/it?s=GTEL.OB


Also , Gtel operated under two different names in the past , AMERICAN DIVERSIFIED GROUP INC , and TERA WEST VENTURES INC . Don't know if that's cause for suspicion but it seems as though ADG has had some run ins with the Sec .


Now , i'm still a bit skeptical of Gtel , as anyone should be of any penny , so i need to do a bit more investigation about it's operation . This Stratellite thing sounds like a wonderful innovation , if it is for real , but there is no way to really know just yet .

Right now , they are saying all the right things , promising to get off the pinks by year end hopefully , potential deals with NASA and telecommunications companies because of the Strattelite , and the planned maiden voyage of the prototype Sanswire One on March 25th .

It all sounds terrific , but i wouldn't get too excited just yet , that is if you are contemplating holding Gtel and not just playing with it .

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dellamorte dellamore
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Oh well , at least i own a stock that is doing something , but i do hope this Strat thing is for real .
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glassman
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i THINK it is for real....
this co has gotten too much visibility out of it to be faking the ATTEMPT....

it may not fly.....but people have said that things won't fly for a long time haven't they....


the whole market cap of the co won't buy ONE space satellite. that's why i'm willing to try this one..

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glassman
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2005-01-24 08:02:10
GlobeTel Announces Selection of Former Astronaut and Space Shuttle Commander Rick Searfoss to Sanswire Board of Directors

--------------------------------------------------------------------------------


Business Editors / Photo Editors / Technology Writers

MIAMI--(BUSINESS WIRE)--Jan. 24, 2005--
GlobeTel Communications Corp. (OTCBB:GTEL), today
announced that former astronaut and Space Shuttle commander Rick
Searfoss, Colonel, USAF Retired, will join the Board of Directors of
their wholly owned subsidiary Sanswire Networks, LLC (Sanswire).
Colonel Searfoss has over twenty-five years experience in

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dellamorte dellamore
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Here's a link to a mini bio :

http://www.jsc.nasa.gov/Bios/htmlbios/searfoss.html


That's great news , now let's see if this gives it another little boost today .

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dellamorte dellamore
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It's taking off babes , up a penny already.
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Joan
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I know nothing about stocks, trading, etc. I bought 20,000 shares @ .01 ea. when co. was ADGI. It was a lark. You can bet I'll be riding this ship to the end! Hope it comes in! Wanting to know - if application to AMEX is accepted what will that mean for co., for us? Anything?
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dellamorte dellamore
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If they get accepted on the Amex exchange , it would mean more prestige , more exposure , they would be taken more seriously , and they would get some " legitimate " analysts attention , so it will only be a good thing for the company and investors .


Those same things could be a negative for them if they aren't on the up and up with their financials or press releases because of the increased scrutiny , and there is still no guarantee they will ever be on one of the major exchanges , they are only planning to file an application at this time . They project by year's end everything that needs to be in order for this next move should be ready .


The next big move for this stock is that Sanswire One prototype thing , that little test launch they are planning . If this thing is legitimate and it works , then who knows how far it can go . If it's vaporware , this thing will tank harder than Pauly Shore's career when people realized he really wasn't funny . I don't think too many people are interested in GTel's other ventures , it's all about this Stratellite thing .

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glassman
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quote:
I don't think too many people are interested in GTel's other ventures , it's all about this Stratellite thing . [/QB]
ditto!!!!!!

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

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dellamorte dellamore
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Up almost another again today , that's three days in a row it's moved up . 14 cents right now , very nice . There was a lull for a spell , but i attribute that to the obsession with the AA announcements , now that the wasted hype is gone for that , everyone can get back to trading . This thing isn't stopping , unless some profit takers jump out . So glad i dropped some dogs and hitched my ride on this one .
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Thorn
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If not today or tomorrow, next week. [Smile] I'm holding.

Maybe buy some more [Wink]

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May your trading build your character as well as your portfolio.

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glassman
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looks like closing on high of day good morning tomorrow!

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

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Phrogger
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quote:
Originally posted by glassman:
quote:
I don't think too many people are interested in GTel's other ventures , it's all about this Stratellite thing .

ditto!!!!!! [/QB]
I am not so sure about that. In the near term - yes. If you look into GTEL, you find that they deal with telecommunications and VoIP, amongst other things. While the recent buzz is about Sanswire's Stratellite and will be a very big part of the company, GTEL's other positions will gain momentum if the Strat is successful. JMO and certainly a long look into the future, but I believe this company has the legs.

--------------------
"You cannot play them all, so pick good ones and play them well."

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dellamorte dellamore
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Up 3 cents at the close , this could be for real . I think it's the most exciting penny stock going right now . Just watching the the streaming quotes was like experiencing an action movie , with twists and turns , and epic battles . The movement was wild , but the " good " guys won out in the end .


I'm hoping by week's end , considering it has gone up three days in a row at this point , maybe , just maybe it can break through it's 52 week high of .19 , then who knows where it will go after that .


I still don't want to get too excited , because it could go down just as fast as it went up , but i'm thinking the interest in Gtel is growing everyday , and the buyers are jumping in , they don't want to miss the ride .


So , here's hoping to .20 plus by the close on Friday , but i would recommend you temper your expectations in case it doesn't happen . Heck , why not .20 plus before Friday . Allright , i'm getting silly now , time to chill out and enjoy it while it lasts .

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dellamorte dellamore
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It's taking off again , hop on the Stratellite shuttle to who knows where , up almost a penny already , again , and it's only been trading 10 minutes or so . The pre hours trading was pretty frantic , and the high for the day is .1680 so far .
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Thorn
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That didn't last long :/

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May your trading build your character as well as your portfolio.

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dellamorte dellamore
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It went a bit wild yesterday too , there's still plenty of time left for it to rally again .
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dellamorte dellamore
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I missed it , Day high was .2570 , very nice indeed .
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Thorn
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What day was that?? According to Yahoo, yesterday's high was .16 and today's so far is .168

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dellamorte dellamore
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According to Marketcaster , the day high is .2570 , i don't know maybe it's a mistake , by the way , it's moving again .
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dellamorte dellamore
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Yes , you're right it was .168 , but now it's .1695 , the daily high that is .
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blueranger
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I have fallen for gtel..
man it looks like it could be something,

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stnkng1
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GTEL has been UP 37.70% over the past 3 days with high volume. In the past 6 months, GTEL is in an UP trend with an average daily volume of 14.16 million shares. It is a liquid penny stock, suitable for frequent trading. Now Tradetrek thinks GTEL is excessively overbought. It has now reached the 6-month new high. GTEL has a Market Beta of 1.22. Each 100 shares of GTEL has a Value-At-Risk (VAR) of $3.
COULD SOMEONE EXPLAIN A FEW THINGS
1)EXCESSIVELY OVERBOUGHT WHAT ARE THEY SAYING? GOOD OR BAD IF OVER BOUGHT
2)BETA 1.22 IS HIGHER BETTER THEN LOWER BETA WHAT DOES IT MEAN FOR EXAMPLE IDTA BETA IS 2.69
3)EACH 100 SHARES HAS (VAR) OF $3 THAT EQUALS .03 EACH WHAT ARE THEY TRYING TO SAY ABOUT THE (VAR) DOES IT MEAN THAT IS HOW LOW THE STOCK MAY GO OR WHAT.

--------------------
Derek S

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lovebeinginTN
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BLAST OFF.......................................................

Press Release Source: GlobeTel Communications Corp.


Sanswire Networks Signs Agreement to Launch Stratellites in South America
Thursday January 27, 8:01 am ET


PEMBROKE PINES, Fla.--(BUSINESS WIRE)--Jan. 27, 2005--Sanswire Networks, LLC, a wholly-owned subsidiary of GlobeTel Communications Corp. (OTCBB:GTEL - News) announced today that it has entered into an agreement to build and launch Stratellites throughout South America.
The agreement calls for Sanswire to enter into a Joint-Venture Agreement with Orlando, Florida based Dynamic International Networks, Inc. to build and operate Sanswire's high-altitude airships called Stratellites in various South American countries. The Agreement calls for the first Stratellite to be launched over Lima, Peru to provide various wireless services to the Peruvian capital and surrounding areas.

Communications operations in Peru will be handled by Dynamic's affiliate, Beacon Supply Comunicaciones, S.A. of Lima. Sanswire will handle all matters associated with the Stratellite. The Joint-Venture operating company will be called Sanswire Peru and will offer new services such as wireless broadband, VOIP telephony, and video. Funding for the project will be provided by Dynamic International Networks in conjunction with support from their local Foundation partners.

"We knew our expansion into South America would be an important part of the Company's growth. This Agreement will significantly expedite that process," said Michael K. Molen, Chairman of Sanswire Networks. "Not only will we launch a Stratellite in Peru, but our partners have plans to expand into all parts of South America. Because of the limited infrastructure in that part of the world, the Stratellites are a perfect solution."

Founded in 1997 in Orlando, FL, Dynamic International Networks, Inc. offers consulting services in various state-of-the-art technologies. The Company does business in several South American countries, including Mexico, Peru, Brazil, and Venezuela. Currently, the Company is developing the Bolivar Telecommunications Project called "Bolivar" with the vision of integrating Bolivarian countries with state-of- the-art technologies and shared solutions that provide a variety of communications projects and strategic alliances.

"We have followed the progress of Sanswire and the Stratellite project for some time now and we are extremely excited about bringing this cutting edge technology to the people of South America," said Ernesto Uribe Abad, President of Dynamic International Networks. "Together with Sanswire, we will change wireless communications in South America forever."

A Stratellite is similar to a satellite, but is stationed in the stratosphere rather than in orbit. At an altitude of only 13 miles, each Stratellite will have clear line-of-sight to an entire major metropolitan area. A Stratellite will allow subscribers to easily communicate in "both directions" using readily available wireless devices. Proposed telecommunications uses include wireless broadband, cellular, 3G/4G mobile, MMDS, paging, fixed wireless telephony, HDTV and others. To learn more about the Stratellites, visit the Company's website at www.sanswire.com .

Safe Harbor Statements

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 Placement Act of 1995. 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.

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dellamorte dellamore
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Up again , that's the 5th day in a row , or is that 4th , i'm losing count . I don't know what can stop this now , well that Strat thing , it's all hinging on that .

Eh , one thing i like about their press releases is that they announce names of companies and individuals , not like some pennies i know who only mention particualr parts of the world they are " thinking " of doing business .

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glassman
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i expect a steady runup to the test flite...with dips of course...forget the LONGTERM charts, this one has people's IMAGINATIONS... [Big Grin]

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

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dellamorte dellamore
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Yeah , at this point i don't think chinese calligraphy , bollingers , matchsticks , relationship strength indicators , roman candles , bottle rockets , or cinnamon babka waves will affect the movement of Gtel , but i could be wrong , i just don't see it .
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superbroke
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oh yeah and why did I sell this one at a 15% profit a week ago???? lol duh must be the blonde in me...

--------------------
Denise

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lovebeinginTN
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This is not a pump...just spreading GTEL sunshine to shawdow the disappointing MLON performance.
Thursdays GTEL news.............

GlobeTel Announces Completion of $1.8 Million Private Placement
Thursday January 27, 1:00 pm ET
CEO TIMOTHY HUFF: Additional Placement Accelerates Current Growth


PEMBROKE PINES, Fla.--(BUSINESS WIRE)--Jan. 27, 2005-- GlobeTel Communications Corp. (OTCBB:GTEL - News) today announced the completion of a $1.8 million private placement with a group of institutional investors.
CEO Timothy Huff commented, "The financial community continues to recognize and support GTEL in all its areas of development and business growth by their increasing investment in the company. We have worked long and hard over the past year to successfully develop our products in all of our business divisions, achieving significant revenue growth and market objectives. We are increasingly able to capitalize on the foundation of all our business ventures such as MagicMoney, MagicPhone and Stratellite projects."

GTEL recently announced that the company has signed a Letter of Intent with the National Aeronautics and Space Administration (NASA) that will create the framework for creation of a Space Act agreement between GTEL, the developer and provider of the Stratellite, a High Altitude Platform (HAP) Airship, and NASA Dryden Research Center. This commitment will expedite the development and deployment of the Stratellite for both commercial and military use.

GTEL also recently announced that the company has added former astronaut and Space Shuttle Commander, Rick Searfoss, Colonel, USAF Retired, to the Board of Directors of Sanswire Networks, LLC, adding his expertise to Sanswire and also to liaise with NASA.

Huff finished by stating, "This placement, which had significant demand from institutional investors, will allow us to more aggressively go after the share of the markets we are in. We continue to take the necessary steps to deliver growth and value for our shareholders and achieve exciting new milestones and successes for GTEL in 2005 and beyond."

For more information, please go to http://www.globetel.net.

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 Placement Act of 1995. 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.


--------------------------------------------------------------------------------
Contact:
GlobeTel Communications Corp., Pembroke Pines
Leigh Coleman, 954-241-0590
investors@globetel.net

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dellamorte dellamore
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This is a correction regarding the share swap by Globetel that involved the Sanswire Stratellite technology , i apologize if someone has already posted something similar :


From Sanswire's website :


Sanswire Technologies, Inc.

Investor Relations





Notice to Sanswire Technologies, Inc. shareholders:



Please be advised that the GlobeTel Communications Corp. shares that were a part of the Asset Purchase Agreement between Sanswire Technologies and GlobeTel have been issued by GlobeTel and are being held by their transfer agent pending the registration of the shares.



Sanswire Technologies’ management will distribute the shares immediately upon receiving the registered shares from GlobeTel.



Please direct all inquiries to:



Sanswire Technologies, Inc. Investor Relations

investorrelations@sanswire.com



We appreciate your patience as we await the completion of this process


Just to avoid confusion , i'm correcting what i posted a couple of days ago , and this is not some new PR from either company , it's a message to investors that can be found on Sanswire's website .

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dellamorte dellamore
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Ah , it's trending downward , couldn't expect this movement forever , but it looks as if some people are buying above the ask , so it's a good sign , it should be another wild day in Gtel land .
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dellamorte dellamore
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Trending up , the gyrations are wild .
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Jelly Bean
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Sanswire, GlobeTel Partner on Stratellites for South America Market
Jan 28, 2005 (AIRLINE INDUSTRY INFORMATION via COMTEX) --
Sanswire Networks, a wholly owned subsidiary of GlobeTel Communications Corp., today said it has teamed with Dynamic International Neworks to build and launch stratellites throughout South America.

The joint-venture agreement with Orlando, Fla.-based Dynamic International, named Sanswire Peru, calls for the first stratellite to be launched over Lima.

It will provide wireless services to the Peruvian capital and surrounding areas, including wireless broadband, VOIP telephony and video.

Communications operations in Peru will be handled by Dynamic's affiliate, Beacon Supply Comunicaciones S.A. of Lima.

Sanswire will handle all matters associated with the stratellite. Funding for the project will be provided by Dynamic International in conjunction with its local foundation partners.

"We knew our expansion into South America would be an important part of the company's growth. This agreement will significantly expedite that process," said Michael K. Molen, chairman of Sanswire Networks. "Not only will we launch a stratellite in Peru, but our partners have plans to expand into all parts of South America. Because of the limited infrastructure in that part of the world, the stratellites are a perfect solution."

A stratellite is similar to a satellite, but is stationed in the stratosphere rather than in orbit. At an altitude of only 13 miles, each stratellite has clear line-of-sight to an entire major metropolitan area. Proposed telecommunications uses include wireless broadband, cellular, 3G/4G mobile, MMDS, paging, fixed wireless telephony and HDTV.

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All I ask is the chance to prove that money can't make me happy.

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dellamorte dellamore
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I'm not concerned about this one , it took a bit of a hit on Friday , but that will happen with any stock . It closed up 4 or 5 days in a row , the profit takers had to make an appearance eventually . I look for this thing to climb even higher next week .
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Thorn
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Could be. Nothing I was watching did any good on Friday. I chalk it up to a bad stock day. Still, I'm not convinced it wants to go up just yet, based on Thursday's activity.

--------------------
May your trading build your character as well as your portfolio.

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