-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MZqOhK6dQ3f5+qGxStMBzgIE4QMb2lDoux3QtGaLQ0iYdCON/I+qDQE5CGo8Kvnm 3Y8u1XEVzoY7n40cRIaXvw== 0001144204-06-049829.txt : 20061122 0001144204-06-049829.hdr.sgml : 20061122 20061122150848 ACCESSION NUMBER: 0001144204-06-049829 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20061117 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Other Events FILED AS OF DATE: 20061122 DATE AS OF CHANGE: 20061122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GLOBETEL COMMUNICATIONS CORP CENTRAL INDEX KEY: 0000919742 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 880292161 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32509 FILM NUMBER: 061236255 BUSINESS ADDRESS: STREET 1: 9050 PINES BLVD., STREET 2: SUITE 110 CITY: PEMBROKE PINES STATE: FL ZIP: 33024 BUSINESS PHONE: 954-241-0590 MAIL ADDRESS: STREET 1: 9050 PINES BLVD., STREET 2: SUITE 110 CITY: PEMBROKE PINES STATE: FL ZIP: 33024 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN DIVERSIFIED GROUP INC DATE OF NAME CHANGE: 19950329 FORMER COMPANY: FORMER CONFORMED NAME: TERA WEST VENTURES INC DATE OF NAME CHANGE: 19940303 8-K 1 v058935.txt FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported): November 17, 2006 GLOBETEL COMMUNICATIONS CORP. (Exact Name of Registrant as Specified in Its Charter) Delaware 0-23532 88-0292161 (State or Other Jurisdiction (Commission File Number) (I.R.S. Employer of Incorporation) Identification No.) 9050 Pines Blvd., Suite 255, Pembroke Pines, FL 33024 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: 954-241-0590 Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2 below): |_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d- 2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e- 4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 5.02(c) On November 17, 2006, the Company announced the appointment of Joseph Monterosso as Chief Operating Officer. Mr. Monterosso was previously the President of Centerline Communications LLC, a wholly owned subsidiary of the Company that operates as a wholesale telecommunications carrier. Prior thereto, Mr. Monterosso operated other wholesale carriers. Throughout his working life he has operated a number of entrepreneurial ventures. Item 5.02(d) On November 20, 2006 the Company announced the appointment of Dr. Alice Muntz to the Company's Board of Directors. Dr. Muntz is currently the President and CEO of Birdseye LLC providing consulting expertise on executive management, technology commercialization, development of business plans and business strategy, business development, product planning and development, enterprise architecture, and technology expert witness. Prior thereto she was Co-Founder and CEO of Pekua Inc., a company that created a technology platform and business framework in the use of the Web as a knowledge repository and a medium for large scale commerce. Dr. Muntz also was the Associate Director of Development and Chief Operating Officer of the Institute for Cell Mimetic Space Exploration (CMISE). In 1999, she founded Vizional Technologies, developer of one of the most advanced collaborative commerce platform available today. Dr. Muntz has served as a member of several advisory boards including the Industrial Advisory Board of the UCLA Henry Samueli School of Engineering, Raytheon Electronic Systems Commercial Ventures, the Sally Ride Science Camp, and the Supply Chain Council of the Aerospace and Defense Steering Committee. She has been published, quoted or recognized in numerous industry journals, and is frequently a guest lecturer at industry related conferences, workshops and symposiums. Her scholastic achievements include a B.E. from National Chiao-Tung University in Taiwan, a M.S. and Ph.D. in Computer Science from the University of Southern California (USC), completion of the Executive Management Program at the Kellogg School of Business, and the Directors Training Award from UCLA. Item 8.01 On November 17, 2006 the Company disseminated a press release announcing the appointment of Joseph Monterosso as Chief Operating Officer. On November 20, 2006 the Company disseminated a press release announcing the appointment of DR. Alice Muntz to the Board of Directors. Exhibits. 99.1 Press Release dated November 17, 2006 99.2 Press Release dated November 20, 2006 SIGNATURE Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GlobeTel Communications Corp. Dated: November 22, 2006 By: /s/ Peter Khoury -------------------------- Peter Khoury Chief Executive Officer EX-99.1 2 v058935_ex99-1.txt Exhibit 99.1 Joseph Monterosso Named Chief Operating Officer of GlobeTel Communications Corp. FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--GlobeTel Communications Corp. (OTC:GTEM) today announced that Joseph Monterosso, president of its Centerline subsidiary, has been named Chief Operating Officer of the Company. Peter Khoury, Chief Executive Officer, stated, "Joe Monterosso brings extensive management experience to the position, as well as a proven commitment and passion for our mission. His background in providing guidance to the numerous GlobeTel constituencies, as well as his systems experience and knowledge of operations are valuable resources for our Company's future." Mr. Monterosso's primary functions are to work toward ensuring that the Company's operations continue to be aligned with its business strategy, revenue and profit objectives, providing a daily escalation point to diffuse any potential problems that hinder the Company's achievement of its strategy and to work with GlobeTel's suppliers, and customer support to ensure they provide the highest quality services to support the Company's goal of providing the best possible services to its clients. Mr. Monterosso has been an entrepreneur since an early age; operating businesses of various sizes throughout the world. Mr. Monterosso's involvement with GlobeTel began in 2004 when the Company began to migrate international wholesale carrier operations to Centerline and its subsidiaries. Since that time, Mr. Monterosso has developed a larger corporate presence within the Company, lending his managerial skills, production talent and leadership to the Company's other business segments. About GlobeTel Communications Corp. GlobeTel Communications Corp. develops and provides an integrated suite of telecommunications products and services, leveraging its advances in VOIP and Wireless Access technologies. Individually, each of GlobeTel's business units function as distinct, stand-alone entities. Together they form a powerful alliance of human talent and technological innovation resulting in the SuperHub(TM) worldwide VoIP network, Sanswire Stratellite(TM) platform and products enabling simpler, cheaper transmission of voice and data. GlobeTel has historically focused its business development on markets outside of the United States. For more information, please visit: www.globetel.net. 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 which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. EX-99.2 3 v058935_ex99-2.txt Exhibit 99.2 DR. ALICE H. MUNTZ JOINS GLOBETEL COMMUNICATIONS' BOARD OF DIRECTORS FORT LAUDERDALE, FL -- NOVEMBER 20, 2006 -- GlobeTel Communications Corp. (OTC: GTEM) is pleased to announce the addition of Dr. Alice H. Muntz, Ph.D. to its Board of Directors. Dr. Muntz has more than 20 years of diversified experience in strategy, operations, business development, product development, marketing, and M&A. She has served as a leader, manager, system architect, consultant, advisory board member, and director of IT systems and solutions for organizations ranging from small companies to mid- and large-size enterprises, educational institutions, and government entities. Specific projects include knowledge search technology and commerce platform, wireless handset applications, diabetes sensing devices, collaborative networks, legacy system migration, re-engineering, enterprise system integration, infrastructure planning and deployment, business process re-engineering and integration, data warehousing, distance learning, network infrastructure, data centers, ERP, CPD, CRM, logistics networks, search engines, and e-commerce networks. In addition to her IT related projects, Dr. Muntz has also successfully raised funding through a diversity of venues, including proposals, venture capitalists and corporate grants. She has held leadership positions and built teams from the ground up and has also led teams of more then 200 people in IT, sales, marketing, operations, and finance within industry and academic institutions that include, among others, the University of California at Los Angeles (UCLA), Raytheon Co., Hughes Aircraft Co., NCR-Teradata and Xerox Corp. ? Dr. Muntz is the Associate Director of Development and Chief Operating Officer of the Institute for Cell Mimetic Space Exploration (CMISE). In 1999, she founded Vizional Technologies, developer of what is generally considered to be the most advanced collaborative commerce platform available today. "We believe that the addition of Dr. Muntz to the GlobeTel Board will provide depth to our entire organization. She possesses an impressive level of accomplishment and experience, combined with unique knowledge and the ability to convert research and technology into viable market solutions," stated Przemyslaw Kostro, Chairman. "Furthermore, we feel privileged that a woman of Dr. Muntz's stature expresses confidence in our ability to move forward, giving me a very high level of comfort as we move deeper into our business plan." Dr. Muntz has served as a member of several advisory boards including the Industrial Advisory Board of the UCLA Henry Samueli School of Engineering, Raytheon Electronic Systems Commercial Ventures, the Sally Ride Science Camp, and the Supply Chain Council of the Aerospace and Defense Steering Committee. She has been published, quoted or recognized in numerous industry journals, and is frequently a guest lecturer at industry related conferences, workshops and symposiums. Her scholastic achievements include a B.E. from National Chiao-Tung University in Taiwan, a M.S. and Ph.D. in Computer Science from the University of Southern California (USC), completion of the Executive Management Program at the Kellogg School of Business, and the Directors Training Award from UCLA. ? About GlobeTel Communications Corp. GlobeTel Communications Corp. develops and provides an integrated suite of telecommunications products and services, leveraging its advances in VOIP and Wireless Access technologies. Individually, each of GlobeTel's business units function as distinct, strong stand-alone entities: Together they form a powerful alliance of human talent and technological innovation resulting in the SuperHuba worldwide VoIP network, Sanswire Stratellite(TM) platform and products enabling simpler, cheaper transmission of voice and data. GlobeTel has historically focused its business development on markets outside of the United States. For more information, please visit: www.globetel.net. 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 which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements. ### -----END PRIVACY-ENHANCED MESSAGE-----