posted
Does someone follow GLBT? I've been watching the chart for almost 3 months now, I haven't bought it yet, but now seems a good time to buy I think, but like to hear first some toughts from some people
-------------------- I'm a genius and if u can't handle that, to bad !!!! Posts: 211 | Registered: Aug 2005
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Yeah, I bought in July at .0009. I keep hearing that it's a great company but obviously it's only gone down since i've had it.
Posts: 72 | From: fla | Registered: Jul 2005
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I believe now is the time for folks to take a good look at this stock (and yes, I am already bought in for quite a bit).
Globalnet has their financing in place and they are looking to ramp sales back up. Check the latest filings for details.
They have hired a new investor relations firm, so there is probably a big public relations push coming.
This is, of course, all my opinion, but look at the recent trading: in the last few days, tens of millions of shares have been bought at the ask of .0002. Not a huge amount of money, but certainly in the tens of thousands of dollars. Sells have been at .0001 in much smaller numbers of shares than the buys, indicating that it is probably year-end tax-loss selling. The Level II lineup is available on pink sheets dot com; you can see for yourself that there is really only one market maker selling significantly at .0002. After that price falls, GLBT should move up at 50% of current value per tick. At the current share structure, which is supposedly near 10 billion shares, it won't move up far without amazing news; but it doesn't HAVE to move far for a great profit from the current price. And note that the market cap is under 1 million; this company is probably worth much more than that.
It looks to me like large-scale accumulation is already happening. Research it for yourself; you might want GLBT on your radar.
Posts: 38 | Registered: Oct 2005
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Naturally, I want to draw attention to this stock and I hope that others will be interested, but I wouldn't feel right about it without posting the most truthful information I can. Thanks for the vote of confidence.
But also, I think it's kind of exciting that I am 'ahead of the curve' on this pick; I really think there is a lot going on with Globalnet and I've watched it develop for months. Hopefully the work done on this stock helps others get up to speed on it more quickly.
While I'm at it, GLBT is doing its thing again this morning; by my reckoning, a million shares have been bought at .0002 while less than 200,000 have been sold at .0001. It may not look great right now, but I still think the buying pressure is much stronger than the selling pressure and that it must go up before long.
Posts: 38 | Registered: Oct 2005
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posted
Just wanted to bring this topic back to the front page in case anyone is interested.
Since I last posted on this thread, GLBT has bounced from .0001 to .0002, with the bid and ask rarely moving from those two points. This morning, 60,000,000 shares were traded in the first five minutes of trading, all at the .0002 ask; that's a respectable $12,000 worth of trades. After that we moved to .0002/.0003 where it now sits. We've even traded a few .0003s.
Now, this warning may be early, but I have been in contact with GLBT's investor relations, and they are still following the game plan they publicly announced some time ago, which is to get all filings up to date and then try to get back on the OTCBB. Their goal for up-to-date filings is still first quarter 2006; after that they admit it is up to the market makers as to when they get back on the OTCBB. So it might be another two months before the inside picture opens up to the public, but things are certainly developing and GLBT.
Furthermore, investor relations tell me that when the filings are up to date, GLBT will issue a public announcement about their financial situation and their future plans, and they will also hold an investor conference call to get stockholders up to date.
Again, it may be a little while before these things play out, a few months perhaps, but since the action was so interesting this morning, I wanted to let people know what I have heard.
Remember, I am already heavy into GLBT, so take what I say with that in mind; I am not recommending anyone buy or sell. There are no guarantees, of course.
Posts: 38 | Registered: Oct 2005
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GlobalNet Awarded ''Best of Show'' at INTERNET TELEPHONY Conference & EXPO East 2006; iDial-IP Singled Out for Innovation and Quality at Leading VoIP Event Business Wire - February 16, 2006 08:33
HOUSTON, Feb 16, 2006 (BUSINESS WIRE) -- GlobalNet Corporation (Pink Sheets:GLBT) announced today that its iDial-IP Turn-Key VoIP Solution has been named winner for a second year of a "Best of Show" award at Technology Marketing Corporation (TMC)'s INTERNET TELEPHONY Conference and EXPO East 2006. TMC reports that the conference, attended by over 8,000 people last month at the Ft. Lauderdale/Broward Convention Center in Ft. Lauderdale, FL, was the best-attended VoIP conference ever held.
"iDial-IP is a flexible private label consumer VoIP platform designed and built specifically for service providers who require performance and ease of installation," commented Mark T. Wood, GlobalNet's Chairman and Chief Executive Officer. "Our turn-key product provides ISPs and major telecom business customers with a scalable solution for becoming leaders in VoIP technology without product development investment and costly telecom equipment, inherent in building out a carrier-class VoIP Platform."
GlobalNet's iDial-IP platform is completely customizable to fit the needs of specific local markets, including custom calling plans by country or region and custom rate management for profitability control. It has a full set of the features most attractive to the end users in making the switch from traditional telephony to VoIP, including follow-me service, web-based voicemail and real-time accounting. The new platform's marketing website is http://www.idialip.com.
"GlobalNet Corporation and their innovative iDial-IP platform are a standout indication of why so many enterprise buyers, developers, resellers and service providers flock to the Internet Telephony Conference & Expo," said TMC President and Conference Chairman, Rich Tehrani. "Their innovation and commitment to quality attract serious prospects to their booth. Attendees know they'll find solutions in GlobalNet's booth that can help them in their businesses today."
The Best of Show awards are presented to companies unveiling the most impressive new products or new releases at the show. Each winner displayed and demonstrated their product on the INTERNET TELEPHONY Expo show floor.
About TMC
Technology Marketing Corporation (TMC) publishes four print magazines: Customer Interaction Solutions, Internet Telephony, SIP Magazine and IMS Magazine; as well as the digital publications, Speech-World, WiFI Telephony Magazine, VoIP Developer, IPTV Magazine and WiMAX Magazine. TMC also produces TMCnet, the world's leading communications and technology website. TMC is also the first publisher to test new products in its own on-site laboratories, TMC Labs. TMC produces INTERNET TELEPHONY Conference & EXPO, The VoIP Developer Conference, Speech-World Conference, IP Contact Center Summit and The Global Call Center Outsourcing Summit. TMCnet, ranked among the top 1,900 Web sites in the World by Alexa.com, publishes more than 20 topical online newsletters. For more information about TMC, visit http://www.tmcnet.com.
About GlobalNet Corporation
GlobalNet Corporation, a Voice over Internet Protocol (VoIP) services company, provides outbound telecommunications traffic to Latin America and counts among its customers both Tier 1 and Tier 2 carriers. GlobalNet provides international voice, data, fax and Internet services on a wholesale basis over a private IP network to international carriers and other communication service providers in the U.S. and internationally. GlobalNet's state-of-the-art IP network, utilizing the convergence of voice and data networking, offers customers economical pricing, global reach and an intelligent platform that guarantees fast delivery of value-added services and applications. More information may be obtained from our website at www.gbne.net.
Safe Harbor for Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price, volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
SOURCE: GlobalNet Corporation
GlobalNet Corporation Investor Relations, 832-778-9591, ext 222 investors*gbne.net or TMC Michael Genaro, 203-852-6800, ext 142 mgenaro*tmcnet.com
Copyright Business Wire 2006
Posts: 79 | From: ny | Registered: Sep 2005
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posted
Anyone who wants to sell at .0004, I certainly can't blame you. But I hope you hold for more, since that's what I'm planning to do.
I still think there is a lot more positive news to come as Globalnet gets their filings up to date and takes aim at getting back on the OTCBB, as well as whe they start (hopefully) seeing big sales on that two-time best-in-show winning product of theirs.
Just my opinion. As I said, anyone wanting to lock in their profits at .0004, I can understand. Especially since pressure seems to be forming on this stock to hold it down, with periodic, pitifully small trades going off at .0002 just when the momentum builds. I can't see anyone doing tax-loss selling in February, so what's really going on?
Posts: 38 | Registered: Oct 2005
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