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Shareholder Monterosso Responds to GlobeTel Communications Corp.'s Lawsuit

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Joseph J. Monterosso, in response to a lawsuit filed by GlobeTel Communications Corp., a publicly traded company on the Pink Sheets declared, “The lawsuit is baseless and totally without merit.”

Ft. Lauderdale, FL (PRWEB) October 17, 2007 -- Joseph J. Monterosso (www.joemonterosso.com), in response to a lawsuit filed by GlobeTel Communications Corp., a publicly traded company on the Pink Sheets declared, “The lawsuit is baseless and totally without merit.”

Monterosso, a shareholder and former COO of GlobeTel Communications further affirmed, “The lawsuit provides me the opportunity to present evidence and testimony in a court of law that will refute the groundless allegations leveled by Jonathan Leinwand, the Chief Executive Officer, Secretary, General Counsel, and a Director of GlobeTel Communications.”

GlobeTel Communications in a press release yesterday announced that it had filed a lawsuit (Case No. 07026827) in Broward County, Florida, in which it alleged libel, slander and defamation; tortious interference with business and extortion; and violation of Chapter 517 of the Florida Statutes.

Monterosso added, “I view this as an opportunity to once and for all confirm the truth about GlobeTel’s activities. I invite all interested parties to review the information at www.joemonterosso.com, and come to your own conclusions about Leinwand and GlobeTel Communications.”

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