GlobeTel Communications Corp. Responds to Article by Motley Fool's Seth Jayson.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla. -- In accordance with the obligations placed on all Amex-listed companies under Rule 401(c) of the Rules of the American Stock Exchange American Stock Exchange (AMEX)
Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. , GlobeTel Communications Corp. (AMEX AMEX
See: American Stock Exchange :GTE GTE General Telephone & Electronics
GTE Génie Thermique et Énergie (French)
GTE Gas Turbine Engine
GTE Global Tropospheric Experiment
GTE Geothermal Energy
GTE Gas Turbine Efficiency plc (Sweden & USA) ) would like to state in the strongest terms that the statements and implications made by Mr. Seth Jayson in his Motley Fool article dated January 23rd, 2006, are entirely without substance and are misleading. The Company rejects his attempts at guilt by association Noun 1. guilt by association - the attribution of guilt (without proof) to individuals because the people they associate with are guilty
guilt, guiltiness - the state of having committed an offense regarding persons and actions that predate any GlobeTel involvement with Advantage Telecom. GlobeTel believes his misleading statements result in damaging implications that have the potential to seriously damage both shareholder value and the ability of GTE management to effectively conduct the Company's business.
About GlobeTel Communications Corp.:
GlobeTel Communications Corp. is a diversified Telecommunications and Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page. company. GlobeTel operates business units in the following areas: (i) stored value debit cards as a certified financial transactions processor (ii) carrier-grade VoIP long distance sales to major long-distance re-sellers (iii) VoIP technology (iv) wireless digital technology and development and (v) high-altitude airship research, development and deployment. These self-contained business units have been specifically developed to operate independently of each other. Their symbiotic relationships, however, provide value to each of the other business units. This strategy offers GlobeTel both financial diversity and risk mitigation while creating a platform for achieving its unique commercial and social objectives.
Operating on a global basis, GlobeTel has historically focused its business development efforts on markets outside of the United States. Current operations and high level business relationships exist in Asia, Europe, South America, Mexico and the Caribbean.