Beam Me Up

A Pembroke Pines company wants to flood the country with invisible beams from high-flying blimps. Want to invest?

This is you: You pay a company to beam you an invisible signal from outer space or pump a stream of electrons through a wire in your wall so that crisp images show up on your television.

Full-frontal of a GlobeTel airship prototype during a December 2006 demonstration
Full-frontal of a GlobeTel airship prototype during a December 2006 demonstration
Full-frontal of a GlobeTel airship prototype during a December 2006 demonstration
photo courtey of Globetel
Full-frontal of a GlobeTel airship prototype during a December 2006 demonstration

You pay a second company, meanwhile, to beam another set of signals from steel towers placed around town that are, in some cases, camouflaged to look like half-assed palm trees so that you can carry on conversations on your cell phone. Move too far away from the towers, though, and your phone doesn't work so well.

And you pay a third company to send yet another phantom stream of electrical signals into your home so that Internet web pages show up on your laptop computer. But take your laptop more than about 50 feet outside your house and this signal craps out. Which is why you find yourself drinking inordinate amounts of foamy hot beverages so that you can leave your house and still use your computer — in the bubble of Internet connectivity that surrounds the coffee shop at the mall.

OK, you three-company-paying, signal-craving tech bitch, now imagine this brave new world:

You're on the road, maybe speeding past swampland on Alligator Alley or crossing the godforsaken Oklahoma Panhandle or winding your way across the Continental Divide on a remote mountain road miles from the nearest speck of a town and suddenly, you get a can't-shake-it need to plug in.

Maybe you have an uncontrollable urge to see what comments have come in after your latest ranting blog entry. Or you're certain your Match.com profile has a couple of dating offers waiting. Or maybe it's just the time of day you normally check TMZ to see Britney's latest bad wardrobe choice.

Whatever the reason, you need your Internet fix, and you can't wait for a Starbucks with a wi-fi hot spot to appear out of the swamp or prairie or pine forest.

So you pull to the side of the road and pop open your laptop, coaxing it back to life.

And BAM! you are online and blazing at high speed, uploading and downloading bulky files like you were hooked up to a T3 connection in a big-city office.

Is that drool on your lip? Wait, it gets better.

With your Internet connection humming, you notice the boyfriend has e-mailed, asking you to call. So out comes the mobile phone. You flip it open and notice that even out here, miles and miles from anything, the signal on your phone is going full blast at five bars of bursting connectivity. In an instant, you're talking to your guy like he's only five feet away. In fact, the sound is so good, you can hear in the background the movie playing on the big-screen TV that he's been watching on the high-definition signal back at the homestead.

So there you have it. One company, one monthly payment, one massive signal delivering all of your electronic needs. There's cell phone coverage coast to coast, including in the remotest of areas. There's a blazing Internet hot spot the size of the entire ever-loving country. You even get that HD signal that's playing back home.

And all of it is courtesy of a high-flying aerial circus, a telecom network built around lighter-than-air platforms hovering at the edge of space, blanketing the nation with an orgy of connectivity and crisp video streams.

Yes, caffeine fiend, it's a lovely dream, a hypnotic dream. And it's important to keep in mind the seductive power of that dream if you want to understand why, for several years, it has lured millions of dollars from the pockets of small investors into the coffers of a Broward County company that promises, some day, that tech utopia.

Retirees with money to burn, college kids playing the stocks from their dorm rooms, average folks with a little extra cash, all hoping to get in on the Next Big Thing before it blows up. The dream is a powerful one.

And it's all built on hot air.


One of the first things you learn about GlobeTel Communications is that the Pembroke Pines company is sensitive about the word blimp.

The technical term for the fleet of 300 floating gasbags it envisions lofting in a grid into the near-space environment of the stratosphere, 13 miles above the surface of the Earth, is high-altitude airships.

And if that's a bit dry, GlobeTel has a sexier name. It calls its not-blimps stratellites.

Get it? STRATosphere saTELLITES. The mashed-up name has a nice NASA-like ring to it that evokes rocket boosters and zero-g gyroscopes. Now, go to the company's website (www.globetel.net) and take a look at a photo of one. We know what you're thinking: Paint Snoopy on the side of that thing and you'd expect to see it floating over the Orange Bowl.

OK, so maybe dirigibles have come a long way since the Hindenburg. Engineers have new space-age materials to wrap around lightweight airship skeletons. Novel technologies make it possible for a lighter-than-air craft to float higher, stay up longer, and be operated remotely. Is it so hard to imagine a squadron of unmanned balloons hovering over the continental United States at an altitude of 65,000 feet, beaming back hi-def reruns of Heroes and blanketing the nation in a warm bubble of next-generation wi-fi coverage?

1 | 2 | 3 | 4 | 5 | 6 | Next Page >>
 
  • Justin Frank 09/13/2007 6:28:00 PM

    If you ever thought to invest in GTEM be sure to do your due diligence. Start by looking at the ex-COO's web page. www.joemonterosso.com This guy really laid out the dirty laundry.

  • anonymous 03/11/2007 1:22:00 AM

    It should be noted, for posterity, that "Axel Larator" was an employee of the company that was TERMINATED. Also re: Globetel's products, it would seem that one large Mexican company seems to think they are worthy of investing in, via this link to the SEC http://sec.gov/Archives/edgar/data/919742/000114420407011666/v067848_ex10-1.txt

  • Jim Prokop 03/06/2007 9:51:00 AM

    If objectivity was beauty, and subjectivity was ugliness, and my cat had a face which looked like this article, I'd shave it's butt and teach it to walk backward so as not to frighten the neighbors! Chris Byron got fired from the New York Post for writing garbage such as this article about Globetel, and rightly so. Readers deserve better than this biased and contrived trash written by Kelly Cramer, an amateur journalist at best, or so it would appear from this particular piece, of which she should be either very ashamed, or very rich for accepting a bribe to write this obvious hit piece. It would take too long to point out all of her errors, but anyone doing enough due diligence on GlobeTel would be able to spot the mistakes, some of which she simply outright copied (without verifying) from other hit piece authors such as Seth Jayson. Do your homework and get straight, Kelly, 'cause you get a big "F" on this one.

  • Axel Larator 03/01/2007 1:58:00 PM

    Now read this: On June 2, 2005, the Company entered into an agreement to acquire assets of HotZone, an advanced developer of WIMAX and extended range WIFI Systems with operations in the United States and Europe. The acquisition transaction, which closed during the three months ended September 30, 2005, was paid with $27,000 cash and provides for a total of 2 million (post split) shares of the Company's common stock to be issued in increments of 666,667 shares on each of the first, second, and third anniversary dates of the agreement, assuming that certain milestones are achieved. Assuming that certain milestones are achieved??? They paid twice! But why speculate. The group around Mr. Kostro has reinstated Mr. Huff, has agreed to get rid of Mr. Altvater's debts, sold the Magic Money product to themselves, sends out the same useless press releases and, in that I am sure, will still lure investors in the honey pot. There is more to say but let's wait for Kelly's second article.

  • Axel Larator 03/01/2007 1:57:00 PM

    One press release followed the other Wherever a Globetel employee puts his foot on foreign soil, the press release followed immediately. But until today all the announced wireless pilots anywhere in the world were fakes because the most famous wireless device called Hotzone didn't show up. Until today there is still doubt that a working Hotzone exist. The wireless presentation in Russia, which was really impressive, was handled by a German company with their own proprietary hard- and software. Globetel simply used the stuff and told the world that they had reinvented the wheel. Tim payed Uli's private debts (135.000 Dollar) with shareholder's money at a time where the company was already very low on cash. And, as a very special gratification Tim bought Uli's German premises for nearly two million Dollar, due to a time where the company absolutely couldn't afford it. Mr. Kostro, the new chairman of the board approved this deal.

  • Axel Larator 03/01/2007 1:55:00 PM

    But for wireless the company hired a guy from Germany, Uli Altvater. Mr. Altvater crashed all his companies in Germany and USA, applied then for a Green Card. Naturally from his own words, he is innocent. Let's believe him and believe also that the German prosecutor talked only out of fun with him. Several parties have reported a case of alleged fraud, plaintiffs have a field day with him. These two buddies playing together. First Tim bought the Hotzone Wireless company from Uli, a real treasure trove if you follow the press release. Or an empty shell, bought with shareholder's money? Take your pick. To give you a hint, Uli has no degree, not even a small one, in physics or any kind of broadcast technology.

  • Axel Larator 03/01/2007 1:53:00 PM

    What are Jonathan Leinwand's famous words: ' It looks like a small scam in the woods?' Or is it a well guided Ponzi scheme to lure investors in (naturally their money first). Several bubbles have blown but the master of disaster, former CEO Tim Huff was fired and later on reinstated as CTO. Big question why? Because he is a technical genius, a smart sales guy or badly needed to get the self created mess mended? The last press release about him stated that he is fit in every kind of technology that popped up since Isaak Newton. Nevertheless his understanding of wireless technology is ZERO!

  • Axel Larator 03/01/2007 1:51:00 PM

    There is a new church in town, called Globetel. It's for scientific hardcore believers, for John and Jane Doe, trusting overwhelming Press Releases and more or less good looking guys imposing management style and attitude. Kelly's article shows past, present and future of this company. Her company summary is pretty convincing and shows that from the beginning something like (beguilement, cheating, con, cozenage, deceit, deception, defalcation, defraud, fraud, imposture, scam, sham, subterfuge, swindle, swindling, double-dealing, hole-and-corner dealings, rip-off, underhand dealings) has happened. Pick up your choices they will fit.

  • Bryan L. Allen 02/27/2007 9:52:00 AM

    Very good article. And if anyone thinks that the author dug up all the dirt on these Sanswire folks, there was no mention of their first Sanswire prototype display in San Bernardino, Calif. in April of 2005. I've got a bit of background in airships, as does a co-worker of mine, and we both attended the April 2005 event. Bottom-line summary of that experience was what my friend said as we were driving away afterwards: "Now I know what fraud looks like." Referencing other commenters: in the lighter-than-air community there is no stigma, nor any cachet, in the terms "rigid airship" versus "blimp"; they're both just ways of making a lighter-than-air airship. Both rigid airships and blimps have advantages and disadvantages, though it does appear that blimps hold the upper hand for most applications.

  • Orie 02/24/2007 4:16:00 AM

    Kelly, your article about GlobeTel Corp (2/22) was very informative and complete. Doubtlessly, you spent several hours and traveled many miles to bring together all of the features within the article. I am a modest shareholder of GTEM and was aware of much of what you were able to present. Just wanted to thank you for all of the "DD" who did and provided present and "would be" share holders. Needless to say, I am also hopeful that there will be at least one more promising announcement from GlobeTel.

  • Dan the Man 02/23/2007 8:34:00 AM

    Kelly is a dude.

  • Bill 02/22/2007 6:38:00 AM

    The writer failed to mention that the company has not released 3rd & 4th quarter 06' 10-Qs (due to internal audits brought on by the SEC investigation). Bogus cash flow projections (Magic Money EBITDA positive 3rd qtr 06' - but was sold for no cash...only the promise of future revenue sharing). Other PR shortcomings, etc., etc. Unfortunately, Globetel is only suited for Riverboat gamblers...educated investors find value elsewhere.

  • Jim Reese 02/22/2007 2:29:00 AM

    This story is full of half truths. I'll only mention a couple... Fact #1: The Russian deal was not for cell phone service, as the author states, but for WiMax/WiFi internet coverage. At the time, the major telecoms had no WiMax product to compete with Globetel's Hotzone technology, and that's why Globetel was considered over the big telecoms. Fact #2: While many company officers have filed SEC documents indicating their plan to sell shares, none have actually sold shares, something the author fails to mention, giving the appearance that a pump-and-dump is going on. It's not. Fact #3: If this idea is so full of hot air, then why has the U.S. Government been pushing private industry to develop the technology to reach and utilize the region of "near space" (65-70,000 ft) for the past decade? This is easily verified with a Google search and there are many aerospace publications with dozens of articles covering the pursuit of this goal by more than 200 companies around the globe. I'm a Globetel investor who is down about 90%, but I'm continuing to buy more, as I believe the vision of former CEO Tim Huff, and am willing to shoulder the risk for the potential rewards this vision offers.

  • Tony Ortega 02/22/2007 12:53:00 AM

    The photo is of Peter Khoury, GlobeTel's CEO. It was taken by Kelly Cramer (which is why she gets a photo credit). And yes, Kelly is a woman.

  • kai mesterton 02/21/2007 11:54:00 PM

    I read your hit piece on GlobeTel today, it is ironic that you should put it out on the same day the largest telecom organization in Mexico has agreed to a joint venture with GlobeTel to provide broadband service all over Mexico using their Hot Zone technology. Does that sound like an empty shell of a company as you are making it out to be? You're also covering old ground as the Motley Fool fools have already published hit pieces saying the same things you are - don't poeple like you have any ability to come up with something original? The one thing that always gives the intent of people like you and the Fools away is that although you know full well that the company is building a rigid-framed airship and prefers to refer to is as such, you deliberately call it a blimp in order to ridicule the project. People like you are the journalistic equivalent to ambulance-chasing lawyers! That says it all.

  • Robert 02/21/2007 10:35:00 PM

    I've been a Globetel shareholder for a couple years now. I've never sold, shame on me. Personally I am down -%87 on my purchase of Globetel shares, it's been a really hard hit on me. To give you an idea, I've seriously considered selling my truck to recoup my losses. I feel the new CEO has been far more awake and responsive, I truly believe he will eventually turn this company around. I just keep watch of all the boards and pr releases. At this point, I just don't see how it could get any worse, I figure it can only turn around or stay the same, so I am going to continue to hold. Out of a sense of displacement; I've made this page on Wikistock to help me keep track of all the ongoings of Globetel: http://www.wikistock.com/wiki/GlobeTel_Communications

  • Chris 02/21/2007 9:28:00 PM

    rehash of old news. This woman can't write and can't do her own research. It makes this whole site useless and I will not be back ever again. Advertisers beware of this kind of illegal BS.

  • John 02/21/2007 8:39:00 PM

    WOW! What timing. Just read the article and clicked on the company website. Appears that they just released additional news on their Mexican venture. Looks like that Statelite will take some work, but it appears that their wireless business may fare better. Interesting.

  • James WLeland 02/21/2007 6:24:00 PM

    I became an investor in Globetel prior to the emergance of the Stratelite. I was interested in the company because of their Voice Over the Internet Protacal (VOIP). I had several of their VOIP units and used them on business trips to the Carribean and to South America. The price was excellent and I was very happy with their service. I used the "Magic Phone ", until this year when I went all digital with Time Warner. I sold my stock at a profit when the Motley fool began their articles on them.

  • Johnson 02/21/2007 4:29:00 PM

    Kelly is a guy!! Ha! Until I saw the picture I thought Kelly was a girl. Writes like a girl anyway. Maybe he's sensitive about the name Kelly.

 

Browse Voice Nation
  • Voice Places

    Voice Places

    Discover restaurants, nightlife, travel, shopping...

  • VOICE Daily Deals

    VOICE Daily Deals

    Get 50 to 90% off every day on restaurants, movies, massages...

  • Best Of

    Best Of...

    More than 10,000 of the BEST things to eat, drink, and experience

  • My Voice Nation

    My Voice Nation

    Join the Village Voice community and get exclusive deals and info

  • Happy Hour

    Happy Hour

    Your local Happy Hour guide at your fingertips

or

Log in or Sign up

Social Connect:

Use your favorite account to access My Voice Nation.


Use your My Voice Nation account to log in:





Forgot password?
or

Sign Up or Log in

Social Connect:

Sign up for My Voice Nation with your preferred network.


Sign up for a My Voice Nation account:



Privacy policy