Everybody's Phone Company Now Offers $8 Billion Federally Funded Program to EVPH Customers
|Date : ||06/13/2012 @ 9:00AM |
|Source : ||GlobeNewswire Inc. |
|Stock : ||Everybodys Phone Co. (PC) (EVPH) |
About Everybody's Phone Company
Company Now Offers $8
Billion Federally Funded
Program to EVPH
|Date : || |
|Source : || |
|Stock : || |
Phone Co. (PC)
Everybody's Phone Company (EVPH) is expanding their services to include online account monitoring, referral incentive programs, and availability of government programs to increase their bottom line and attract new customer bases across Texas. EVPH started out acquiring heavily discounted telephone service from the incumbent local exchange carriers, such as AT&T and Verizon, and reselling the services at premium rates on a prepaid basis yielding above average profit margins and mitigating bad debt. Once EVPH achieves critical mass in Texas, it plans to expand its prepaid telecommunications product nationwide. For more information, visit www.everybodysphonecompany.com.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
CONTACT: Everybody's Phone Company www.everybodysphonecompany.com email@example.com Ian Reed 585-520-2102 firstname.lastname@example.org
Everybody's Phone Company© (EVPH.pk) ("hereinafter referred to as EPC") is a Texas Corporation and was incorporated in 2003. EPC is a publicly traded company on the "Pink Sheets" @ EVPH.pk. EPC sells pre-paid telephone services to residential and small commercial customers initially in Texas, and subsequently nationwide. EPC possess the certification and licensing to market pre-paid telephone services in Texas. The Company is headquartered in Houston, Texas and currently has 2 employees.
Everybody's Phone Company intends to ultimately become a nationally branded provider of pre-paid telephone services to residential and small commercial customers in the United States. EPC will offer consumers in restructured retail phone markets competitive prices, flexible payment and pricing choices, improved customer service, and other innovative products, services and incentives. Although the initial focus will be on providing pre-paid telephone services as the business is developed. EPC will offer additional products, services and customized solutions for residential and small commercial customers.
Everybody's Phone Company targets the rapidly restructuring residential and small commercial pre-paid telephone services markets. We believe we are uniquely positioned to succeed because of:
-the target market is different than our competitors
-initiate a cross marketing and affiliate program
-well-seasoned management team with significant consumer marketing and deregulation experience.
Everybody's Phone Company estimates that the total residential and small commercial communications marketplace in the United States exceeds $150 billion annually, making it one of the largest consumer markets to undergo competitive regulatory restructuring. As of the beginning of 2000, markets in fifty states were open to retail telecommunications competition. As was the case in the deregulation of the long-distance telephone markets, we believe that a significant percentage of consumers will be receptive to switching from their monopoly energy providers to competitive providers.
Everybody's Phone Company is serving pre-paid telephone services customers in select markets in Texas, in the second half of 2009 in order to test and refine our operating systems and marketing strategies. Following those efforts, we expect to enter several additional open markets beginning in early 2010.
Everybody's Phone Company markets pre-paid telephone services service primarily to people who live in apartments. All competitors because of the high turnover are currently overlooking the market segment for potential users of this service. Every month there is turn over of people who move from one apartment complex to another.
According to a recent major bank study, 30% of the people who live in parts of Houston do not have a relationship with a bank. They use pawnshops and check cashing companies as their bank. They pay for all goods and services in cash. They live paycheck to paycheck. They avoid any type of credit. They may have their utilities disconnected for non-payment more frequently that any other segments.
According to AT&T, 100,000 telephone customers are disconnected for non-payment every month. We believe these same customers may have their pre-paid telephone services disconnected for non-payment.
This segment of the population is a prime target for pre-paid telephone services.
We are a seller of pre-paid telephone services to a very specific market segment in Texas, the sub-prime, and the high credit risk customer.
Everybody's Phone Company has the following strategy:
• Identify favorable markets;
• Enter retail telecommunications markets selectively;
• Market pre-paid telephone services to the prepaid market and become the provider of last resort.
• Differentiate our services as being flexible, affordable and not the same old monopolistic approach.
• Focus marketing efforts only at customers that Everybody's Phone Company can serve on a profitable basis;
• Pursue online commerce strategy through the website that is under development exclusive marketing arrangements;
• Continue marketing efforts through traditional channels such as telemarketing, kiosks, print and other media, as well as through affiliate relationships.
• Quickly establish a critical mass customer base and use cash flow to sustain growth and improve potential shareholder return.
|Shares Outstanding ||683,526,695 ||a/o Dec 03, 2012 |
|Float ||452,064,695 ||a/o Dec 03, 2012 |
|Authorized Shares ||1,000,000,000 ||a/o Sep 30, 2011 |