8-K 1 v069212_8-k.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): March 14, 2007 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.) 101 NE 3rd Ave. Suite 1500, Ft. Lauderdale, FL 33301 (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(b) Michael Castellano and Patrick Heyn have resigned as directors of GlobeTel Communications Corp. Mr. Heyn and Mr. Castellano had no disputes with the Company. 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: March 21, 2007 By: /s/ Peter Khoury -------------------------- Peter Khoury Chief Executive Officer