X0202 4 2006-10-16 0001315255 Global Telecom & Technology, Inc. MPAQ 0001132413 MILLENCO, L.L.C. C/O MILLENNIUM MANAGEMENT, L.L.C. 666 FIFTH AVENUE, 8TH FLOOR NEW YORK NY 10103 0 0 1 0 0001273087 MILLENNIUM MANAGEMENT, L.L.C. 666 FIFTH AVENUE, 8TH FLOOR NEW YORK NY 10103 0 0 0 1 May be deemed as group member. 0001017456 ENGLANDER ISRAEL A C/O MILLENNIUM MANAGEMENT, L.L.C. 666 FIFTH AVENUE, 8TH FLOOR NEW YORK NY 10103 0 0 0 1 May be deemed as group member. Common Stock, par value $0.0001 per share ("Common Stock") 2006-10-16 4 P 0 3000 A 29700 D Common Stock 2006-10-16 4 P 0 7000 A 36700 D Common Stock 2006-10-16 4 P 0 400 A 37100 D Class W Warrant ("Class W Warrant") 5.00 2006-10-16 4 P 0 7500 A 2006-10-16 2010-04-10 Common Stock, par value $0.0001 per share ("Common Stock") 7500 1025725 D Class W Warrant 5.00 2006-10-16 4 P 0 17500 A 2006-10-16 2010-04-10 Common Stock 17500 1043225 D Class W Warrant 5.00 2006-10-16 4 P 0 237500 .3215 A 2006-10-16 2010-04-10 Common Stock 237500 1280725 D Class W Warrant 5.00 2006-10-16 4 P 0 200 A 2006-10-16 2010-04-10 Common Stock 200 1280925 D Class Z Warrant ("Class Z Warrant") 5.00 2006-10-16 4 P 0 7500 A 2006-10-16 2012-04-10 Common Stock 7500 535600 D Class Z Warrant 5.00 2006-10-16 4 P 0 17500 A 2006-10-16 2012-04-10 Common Stock 17500 553100 D Class Z Warrant 5.00 2006-10-16 4 P 0 100800 .3673 A 2006-10-16 2012-04-10 Common Stock 100800 653900 D Class Z Warrant 5.00 2006-10-16 4 P 0 200 A 2006-10-16 2012-04-10 Common Stock 200 654100 D On 10/16/2006, the Reporting Persons purchased 1,500 of the Issuer's Series A Units ("Series A Unit") for $10.00 per Series A Unit. Each Series A Unit consists of two shares of the Issuer's Common Stock, par value $0.0001 per share ("Common Stock"), five Class W Warrants ("Class W Warrants") and five Class Z Warrants ("Class Z Warrants"). Each Class W Warrant and Class Z Warrant entitles the holder to purchase one share of the Issuer's Common Stock at a price of $5.00 per share. Each Class W Warrant and Class Z Warrant is exercisable on the later of the Issuer's completion of a business combination or 04/11/2006. (On 10/16/2006, the Issuer announced that it had completed the acquisition of all the outstanding shares of Global Internetworking, Inc. and European Telecommunications & Technology Limited.) The Class W Warrants will expire on 04/10/2010, or earlier upon redemption, while the Class Z Warrants will expire on 04/10/2012, or earlier upon redemption. On 10/16/2006, the Reporting Persons purchased 3,500 of the Issuer's Series A Units for $9.8929 per Series A Unit. Each Series A Unit consists of two shares of the Issuer's Common Stock, five Class W Warrants and five Class Z Warrants. Each Class W and Class Z warrant entitles the holder to purchase one share of the Issuer's Common Stock at a price of $5.00 per share. Each Class W Warrant and Class Z Warrant is exercisable on the later of the Issuer's completion of a business combination or 04/11/2006. (On 10/16/2006, the Issuer announced that it had completed the acquisition of all the outstanding shares of Global Internetworking, Inc. and European Telecommunications & Technology Limited.) The Class W Warrants will expire on 04/10/2010, or earlier upon redemption, while the Class Z Warrants will expire on 04/10/2012, or earlier upon redemption. On 10/16/2006, the Reporting Persons purchased 200 of the Issuer's Series B Units ("Series B Units") for $10.40 per Series B Unit. Each Series B Unit consists of two shares of the Issuer's Class B Common Stock, one Class W Warrant and one Class Z Warrant. As of 10/16/06, the Class B Common Stock of the Issuer automatically converted to Common Stock. Each Class W and Class Z Warrant entitles the holder to purchase one share of the Issuer's Class B Common Stock (after 10/16/2006, Common Stock) at $5.00 per share. Each Class W Warrant and Class Z Warrant is exercisable on the later of the Issuer's completion of a business combination or 04/11/2006. (On 10/16/2006, the Issuer announced that it had completed a business combination.) The Class W Warrants will expire on 04/10/2010, or earlier upon redemption, while the Class Z Warrants will expire on 04/10/2012, or earlier upon redemption. Data provided by the executing broker to the Reporting Person on a single execution report, but such data may reflect an averaging of multiple fills. *MILLENCO, L.L.C. By: Millennium Management, L.L.C., as Manager Terry Feeney, Chief Operating Officer* 2006-10-18