Inactive Instrument

GLOE NET

Equities

GNTW

US3794761045

Globe Net Wireless Corp. Reports Earnings Results for the Fourth Quarter Ended August 31, 2019

January 14, 2020 at 11:04 am EST

Globe Net Wireless Corp. announced earnings results for the fourth quarter ended August 31, 2019. For the fourth quarter, the company announced For the full year, operating loss was USD 20,150 compared to USD 24,816 a year ago. Net loss was USD 33,827 compared to USD 37,269 a year ago. Basic loss per share from continuing operations was USD 0.003 compared to USD 0.004 a year ago. Operating loss was USD 3,079 compared to USD 2,994 a year ago. Net loss was USD 6,578 compared to USD 6,396 a year ago. Basic loss per share from continuing operations was USD 0.0006 compared to USD 0.0006 a year ago. Diluted loss per share from continuing operations was USD 0.001 compared to USD 0.001 a year ago.

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Company Profile

Globe Net Wireless Corp. is a shell company. The Company is a development-stage company engaged in the development of a telecommunication business to provide Internet and related services to both consumers and businesses in under serviced or unserviced areas at real broadband speeds through its wireless technology. It has developed a mobile text marketing platform, TextPro Connect IQ, which will be used in the open source application programming interface (API) ecosystems. It is engaged in the development and testing of a second API application known as Swappit. Its TextPro Connect IQ is a single, unified, Web-based system allowing customers to create campaigns that utilize a range of marketing tools, including mobile coupons, short message service (SMS) marketing, Quick Response (QR) codes, mobile keywords, Mobile splash pages, surveys, voting, polls, e-mail marketing and social media status updates. Its Swappit is a person to person online swapping platform.

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