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GLOBAL TRIAD, INC. Issues This Corporate Update; ("The Company") Provides Its Shareholders This Update on Aspects of the Company's Status and Damages Due to the Hurricane Wilma
FT. LAUDERDALE, FL, Nov 04, 2005 (MARKET WIRE via COMTEX) -- GLOBAL TRIAD, INC. (OTC: GTRD) is a publicly traded company currently on the Over the Counter.
GLOBAL IS A TRIPLE PLAY COMPANY and offers diverse and proprietary technology products and services catering to Telecommunication, Broadband Internet, and Video on Demand consumers where demand for these services will remain high for years to come.
Though GLOBAL has sustained minimum damage due to hurricane Wilma, our affiliate partner currently hosting our web site suffered a significant amount of damage. Additionally, GLOBAL is at the mercy of damage caused to the local fiber infrastructure and is working diligently on making the necessary arrangements to re-establish all web connections to keep our Shareholders informed of current activities.
As a special note to our Shareholders: GLOBAL TRIAD, INC. is presently in the final stages of completing the necessary audit, and we believe this Audit will be completed by the end of November, 05.
As of today Global WiFi employees have been working very hard to return all systems to normal and so far have recovered 60% to operating status. We feel we shall have our entire system 100% by the end of next week.
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.
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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posted
yea i was about to buy this yesterday then it dropped 30 % the chart looked prime. i think it still is but this thing needs news and lots of volume and it will move. its just too risky right now. i think if you hold for a month you will double your money.
MACD diverging positive and crossed last week Stochs diverging positive
getting ready to hit the 20dma
pps sold off after PR talked aobut minor damaged suffered from hurricane. This was temporary and it should move back up to a correct valuation!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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yes i agree if i have funds i will probably put them in as soon as this thing shows a positive uptrend has been way to volatile for the last month.
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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quote:Originally posted by JB28930: yea i was about to buy this yesterday then it dropped 30 % the chart looked prime. i think it still is but this thing needs news and lots of volume and it will move. its just too risky right now. i think if you hold for a month you will double your money.
Audit results coming out... probably next week.
This one was trading at .12 just 5 months ago!
I think it will jump back to the .045 range rather quickly, on anticipation of the audit release! That is why I am jumping in early, so I don't have to chase it!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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Look at the RSI and Williams both coming out of oversold!
L2 bid now has 4 MM's * 11!
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posted
Outstanding Shares: 122,000,000 as of 2005-03-01 Float: 63,000,000 as of 2005-06-02
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posted
i agree, it shouldnt drop below .01 again it has much more up potential than down. yes it should settle anywhere from .05 to .03 either way you make lots of $$. im still in ies right now but id even put unsettled funds in this one just cause id be leavin it for a while.
Global Triad, Inc. Announces Global TV, Inc. Today Announced That They Are in Negotiations With a Major Sports Association to Sign Contract to Provide Streaming Pay Preview Events World Wide Over the Internet; Global TV Will Also Be Developing a Sport Portal for Customers to Connect a Downlink Stream Thursday October 20, 10:01 am ET
FORT LAUDERDALE, FL--(MARKET WIRE)--Oct 20, 2005 -- GLOBAL TRIAD, INC. (Other OTC:GTRD.PK - News), a publicly traded company currently on the over the counter, announced today Global TV, Inc. today announced that they are in negotiations with a major sports association to sign a contract to provide streaming pay preview sports events world wide over the internet. Global TV will also be developing a sport portal for customers to connect through the Internet to downlink Video on Demand sport stream.
"This agreement soon to be completed is ideal for Global TV's IPTV launch. This will be our first large-scale, fully functional live sporting event feed over the Internet," said Gene Carry, President of Global TV. "We've found that consumers are demanding more integrated video solutions for work and play. Global TV shall provide this level of flexibility and value currently becoming available through competitive IPTV solutions."
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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quote:Originally posted by WarpedMind: Is it a quarterly report we are waiting on? When is it due?
As a special note to our Shareholders: GLOBAL TRIAD, INC. is presently in the final stages of completing the necessary audit, and we believe this Audit will be completed by the end of November, 05.
Why would a Pink sheet company perform an audit in the first place????????? Makes you wonder what will be coming next!
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posted
I just bought some more this morning with some cleared funds!
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posted
whens the volume on this thing gonna pick up? if it just had half the normal amount each day this would move 10 to 20 percent... GTRD needs news badly!!!
Next week will surely be a good week as the audit results should be coming out!
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posted
bxa tightening up... as the bid has now come up to .0105!
Bollis are tightening and the MACD is still going positive!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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PR said that the audit was to be completed today... so, hopefully we get some news tomorrow and some juicy details!
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posted
yea i got out today i was tired of waiting ive lost like 3 grand on this crap stock. i know its gonna go up soon i am just impatient. good luck father of 2...
I also like the way the CMF has been diverging positive for the last 3-4 weeks... and with the accum line finally starting to show a little positive divergence, and getting close to crossing the 20dma, the indicators are definitely improving.
also note just how tight he bolli bands are getting! I think this one is getting ready to have a sweet ride up to .035+... The first resistance is at .015 and the next is not til .04!
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posted
looks like it found the bottom and is now picking up in volume and getting some nice hits on the ask!
could be a sign that a PR is forthcoming to reveal the audit results!
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slow stochs are now kissing and ready to cross upward.
Williams is showing oversold. RSI is oversold at 29....
This one is setting up for a little run here!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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posted
trading activity has been interesting to say the least...
MM's opened up the bid x ask by dropping the bid on one 5K trade at .0085, and then 1 more trade for 450 shares at .008.... which is a $3.60 trade!
IMHO, they know what is getting ready to happen and they don't want to raise it up as they are trying to shake out the sellers to cover their short positions....
I am trying to pick up some more on the split, but I seriously doubt it will fill.
Once this one gets going, the first resistance is .0145, and then nothing until .04!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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