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Author Topic: GTEM >>> CHECK IT OUT
Green_effect
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TAKE A LOOK AT THIS ONE FOLKS.

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Please do your DD. Break some bread with me!

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FrankNitti
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Nice...very nice

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Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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Green_effect
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.12 x .125

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Please do your DD. Break some bread with me!

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George
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what is so nice about it? They are not in compliance, have been delisted, trend has been down since 01/06, flipping through CEO's and upper management, NO russian deal, NO blimp...I could go on and on...but hey I made money on this one back in the day.

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If all goes well then great, if not, make it work.

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FrankNitti
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Could have made a little today too...

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Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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George
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if you are flipping do it in a day. I would not hold this one.

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If all goes well then great, if not, make it work.

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FrankNitti
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quote:
Originally posted by George:
if you are flipping do it in a day. I would not hold this one.

Agreed!

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Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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Green_effect
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DEFINITELY GEORGE,...easy 40% gain. Another one that I think may retrace like this is GAMT .... take a look at this too.

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Please do your DD. Break some bread with me!

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Green_effect
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.14 X .15

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Please do your DD. Break some bread with me!

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George
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Take the 50% if you can.....

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If all goes well then great, if not, make it work.

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Green_effect
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Yeah, easy 40% - 50% gain. Thats not bad to start a week.

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Please do your DD. Break some bread with me!

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George
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I hope you guys rolled out of this at the end of day yesterday.

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If all goes well then great, if not, make it work.

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PCola77
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Hey George, you have a lot of posts for a name I didn't recognize. Just checked your history and it sees like you don't post here anymore. You been on hiatus?
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buckstalker
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I remember George...

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***********************

It's all in the timing...

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PCola77
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In a good way or a bad way...?

quote:
Originally posted by retiredat49:
I remember George...


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buckstalker
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Good guy...

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***********************

It's all in the timing...

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PCola77
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Just glancing at his posts it seemed that way, but I'm always interested in getting the opinions of others.
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George
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I have been too busy lately to be on here but I have always followed GTE. I used to be a regular. I started a web site years ago on GTEL when it was GTEL in the penny range. I made out pretty good on the first runs. I always loved the ideas and products but the management killed it.

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If all goes well then great, if not, make it work.

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PCola77
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Sounds like 1 or two (or all?) penny stocks [Smile]

quote:
Originally posted by George:
I always loved the ideas and products but the management killed it.


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George
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News for 'GTE' - (GlobeTel Signs Letter of Intent To Acquire 50% Stake in Recognized Aerospace Innovator TAO Technologies GmbH, Restructures Sanswire)


FT. LAUDERDALE, Fla. and STUTTGART, Germany, Sept 26, 2007 /PRNewswire via
COMTEX/ -- GlobeTel Communications Corp. (Pink Sheets: GTEM), parent company of
Sanswire Networks LLC (Sanswire), and TAO Technologies GmbH, Stuttgart, Germany
today announced that the two companies have signed a letter of intent whereby
GlobeTel will purchase 50% of TAO, and TAO will be renamed Sanswire-TAO GmbH.
The company will be focused on the design, development and production of
unmanned aerial vehicles. It is expected that Sanswire-TAO will be based chiefly
in Stuttgart, and maintain a presence in both Berlin and California. The
acquisition of 50% of TAO follows the October 2005 development agreement between
Sanswire and TAO that resulted in the construction and testing of the Sanswire
2A.

The letter of intent calls for TAO and GlobeTel/Sanswire to share sales and
marketing rights of various aerial vehicles developed and currently owned by
TAO. Additionally, upon closing of definitive agreements, TAO will grant to
Sanswire-TAO the respective patents and intellectual property rights covering
the products, including the AirChain segmented airship. Sanswire assets,
including the 2A Technology Demonstrator Stratellite(TM), are being shipped to
TAO's German facility to incorporate design changes based upon flight test data
from the ship's test flights, and, specifically, advances made by TAO since the
Sanswire 2A was originally designed.

Under terms of the agreement it is anticipated that the principal shareholders
of TAO Technologies will sell a 50% interest to GlobeTel for a combination of
cash and stock payable over three years. Professor Dr. Bernd Kroplin, founder
and President of TAO, will preside over the newly formed subsidiary which will
focus on further development of the Sanswire 2A, SkySat(TM), and the AirChain.
The companies expect to complete several free flight tests of their aerial
vehicles this year as a portion of Sanswire's development and testing is shifted
to Germany.

"I'm extremely pleased to work together with Dr. Kroplin and through our joint
efforts we expect to rapidly unveil a comprehensive Sanswire-TAO product line
which we will immediately demonstrate and market to our technology partners,"
stated Jonathan D. Leinwand, Chief Executive Officer.

"We are happy to renew our relationship with GlobeTel and Sanswire," said Dr.
Bernd Kroplin. "Together we can create airships to take advantage of the
expanding market for UAVs."

Mr. Leinwand continued, "Together with TAO we believe in the global sales
potential that our products have in a wide array of industries. This is a big
step in our newly adopted business plan and the entire GlobeTel team stands
proudly with TAO and Dr. Kroplin as we combine to produce some of the best
unmanned aerial vehicles in the world."

About GlobeTel Communications Corp. and Sanswire Networks

GlobeTel Communications Corp. develops and provides an integrated suite of
terrestrial and aerospace telecommunications products and services, leveraging
its advances in VoIP and Wireless Access technologies. Sanswire Networks is< BR>focused on the construction of the Stratellite(TM) and SkySat(TM) airship
platforms, capable of carrying payloads that transmit various types of wireless
communications and security solutions. For more information, please visit the
GlobeTel websites: www.globetel.net , www.sanswire.com and
www.globetelwireless.com .

About TAO Technologies GmbH

TAO-Technologies GmbH, in cooperation with the University of Stuttgart, led by
Professor Dr. Bernd Kroplin is highly regarded throughout the world for
research, design, development and flight testing of various designs of aerial
vehicles.

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 Securities Litigation Reform 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,
including an ongoing formal investigation by the U.S. Securities & Exchange
Commission and delayed filings of quarterly results, any of which could cause
the Company's previously reported actual results, performance (finance or
operating) to change or differ from future results, performance (financing and
operating) or achievements, including those expressed or implied by such
forward-looking statements. The closing of the acquisition of 50% of TAO is
contingent upon standard due diligence and final definitive documentation. As a
result, there is no guarantee proposed transaction would close. The Company
assumes no, and hereby disclaims any, obligation to update the forward-looking
statements contained in this press release.

SOURCE GlobeTel Communications Corp.

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If all goes well then great, if not, make it work.

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George
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Good bye GTEL Corp....

It was fun while it lasted. It took long enough...but you knew it was coming...The f'ing people running this killed a great idea...


Form 8-K for GLOBETEL COMMUNICATIONS CORP


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

12-Oct-2007

Other Events


Item 8.01 Other Events.
On October 5, 2007, GlobeTel Communications Corp., received a "Wells Notice" from the Securities and Exchange Commission (the "SEC") in connection with the SEC's ongoing investigation of the Company. The Wells Notice provides notification that the staff of the SEC intends to recommend to the Commission that it bring a civil action against the Company for possible violations of the securities laws including violations of Sections 5 and 17(a) of the Securities Act of 1933; Sections 10(b), 13(a), and 13(b)(2)(A) & (B) of the Securities Exchange Act of 1934 ("Exchange Act") and Rules 10b-5, 12b-20, 13a-1, 13a-11, and 13a-13 thereunder; and seeking as relief a permanent injunction, civil penalties, and disgorgement with prejudgment interest. The staff is also considering recommending that the SEC authorize and institute proceedings to revoke the registration of Company's securities pursuant to Section 12(j) of the Exchange Act.

Under the process established by the SEC, recipients have the opportunity to respond in writing to a Wells Notice before the SEC staff makes any formal recommendation to the Commission regarding what action, if any, should be brought by the SEC. The Company is determining if it will provide a written submission to the SEC in response to the Wells Notice.

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If all goes well then great, if not, make it work.

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T e x
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Maybe they'll respond with pics of the Stratellite, lmao ...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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IMAKEMONEY
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YEP, YOU CALLED IT WAY BACK George.

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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Green_effect
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Retracing.

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Please do your DD. Break some bread with me!

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IMAKEMONEY
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Press Release Source: GlobeTel Communications Corp.


Sanswire Delivers the 2A Airship To German Operation for Completion
Monday October 15, 9:31 am ET


STUTTGART, Germany and FT. LAUDERDALE, Fla., Oct. 15 /PRNewswire/ -- Sanswire Networks, a subsidiary of GlobeTel Communications Corp. (Pink Sheets: GTEM - News) today announced that the Sanswire 2A airship has been delivered to the TAO facility in Stuttgart, Germany to be refit and upgraded, pursuant to the action plan outlined in Sanswire's and TAO's previously announced agreement in principle to form the equally-owned Sanswire-TAO GmbH. The 2A, previously housed in Palmdale, California, is a 126-foot Lighter Than Air vehicle.
ADVERTISEMENT


The next steps for the Sanswire 2A will be reassembly and a refitting of the airship's automated flight controls, telemetry systems, and ultra light- weight components that include new rear fins. Readying the 2A for flight- testing, initially in the mid-altitude range of 15,000 to 30,000 feet, will also require that propulsion and the automated stability systems be re- evaluated and possibly upgraded.

"Both TAO and GlobeTel/Sanswire are eager to complete work on the 2A, and give our technology partners a more comprehensive insight into the properties and capabilities of the 2A," stated Jonathan D. Leinwand, Chief Executive Officer. "We believe very strongly in our business plan to build and market airships for flight at all altitudes, and we look forward to completing the formation of Sanswire-TAO as soon as possible."

The decision to continue the development and testing of the 2A in Stuttgart was attributed to the vast resources and knowledge of the TAO organization. The addition of the 2A to TAO's and Sanswire's current scheduled flight plans rounds out GlobeTel's atmospheric arsenal of low to medium to high altitude platforms.

About GlobeTel Communications Corp. and Sanswire Networks

GlobeTel Communications Corp. develops and provides an integrated suite of terrestrial and aerospace telecommunications products and services, leveraging its advances in VoIP and Wireless Access technologies. Sanswire Networks is focused on the construction of the Stratellite(TM) and SkySat(TM) airship platforms, capable of carrying payloads that transmit various types of wireless communications and security solutions.

About TAO Technologies GmbH

TAO-Technologies GmbH, in cooperation with the University of Stuttgart, led by Professor Dr. Bernd Kroplin is highly regarded throughout the world for research, design, development and flight testing of various designs of aerial vehicles.

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 Securities Litigation Reform 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, including an ongoing formal investigation by the U.S. Securities & Exchange Commission and delayed filings of quarterly results, any of which could cause the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.


--------------------------------------------------------------------------------
Source: GlobeTel Communications Corp.

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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IMAKEMONEY
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HMM, GOING BACK TO THE HOD.

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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NR
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SEC sues more former GlobeTel officers

http://southflorida.bizjournals.com/southflorida/stories/2008/04/28/daily60.html ?ana=yfcpc

My original screen name was holdingGTEL.

FWIW, I still think the concept of a stratellite is good. Not sure on the new management or company, if there still is one. I haven't done any DD in a long time.

NR.

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One is never completely useless. One can always serve as a bad example.

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