GlobeTel Communications

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Globetel Communications
Stock Symbol (OTC: GTEM.PK)
Stock Price 0.065
Change 0.00
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Google Finace GTEM

GlobeTel Communications Corp. (OTC: GTEM.PK) is a telecommunications and financial services company that offers its products and services throughout the United States and internationally, including Mexico and certain countries in South America, Europe and Asia. The Company's core products and services are telephony services that include international wholesale carrier traffic, networks, prepaid calling services and Internet protocol (IP) telephony. [Magic Money no longer exists with Globetel] Its non-telephony products and services include stored value card programs and outsourced stored value services for the international banking and telecommunications community. Through its subsidiary, Sanswire Networks, LLC (Sanswire), GlobeTel is developing high-altitude airships called Stratellites that support wireless broadband network, which in turn, will be used to provide wireless voice, video and data services. These Stratellites will form nodes for the Company's Super Hub network

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News


GlobeTel Retains Hinshaw & Culbertson LLP as SEC Litigation Counsel
Primenewswire (press release), CA - May 14, 2008
(Pink Sheets:GTEM) today announced that it has retained Maranda Fritz and Hinshaw & Culbertson LLP to act as its counsel to defend the company against ...

GTEM: SEC Files Lawsuit vs Company and Three Former Officers
Trading Markets (press release), CA - May 5, 2008
(GTEM) announced that the SEC has filed a lawsuit in the United States District Court for the Southern District of Florida against GlobeTel Communications ...

SEC suing more GlobeTel officers
Bizjournals.com, NC - May 2, 2008
The SEC said Fort Lauderdale-based GlobeTel (Pink Sheet: GTEM) recorded $119 million in revenue on the basis of fraudulent invoices created by two people in ...


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