PHBR News Today......
MIAMI, Jul 17, 2008 (BUSINESS WIRE) -- PhoneBrasil International, Inc. (PINK
SHEETS: PHBR), announces IR/PR Pros company founder Kyle Roberts has recently
informed the CEO of PHBR, Anderson Dias, that over the recent months their group
consisting of long term speculative private investors have purchased over
1,000,000 shares of common stock. He commented additionally, "Our investors work
together as a tight knit group buyer to accumulate substantial positions in
small cap companies ridding the market of their bear sellers while soaking up
much desired low cost equity. Part of the group has set some of their sell
triggers between $2.15 and as high as $4.00. We want the market to be clear
because of recent inquiries made to our group that neither the OTC-Network nor
its affiliates have been compensated for the open market purchase of PHBR stock
by our investment club. Our recommendation to our followers has been through raw
due diligence and fundamental statistics surrounding the Telecom Business, the
share structure of PhoneBrasil and our desire for return on our group's
investment."
IR/PR Pros is highlighting the recent press release on June 17th
(http://biz.yahoo.com/bw/080617/20080616006662.html?.v=2) which stated:
"PhoneBrasil International, Inc. and Atlanta, GA based Tacora Wireless Inc. had
previously announced late last year both parties had finalized, dually signed,
and executed the agreement for the first large-scale WiFi/Wimax Platform in
Brazil. IR/PR Pros company founder commented, 'Understand and take into mind
this type of large scale network/platform takes time, lots of planning, proper
testing, and requires many local, state, and Federal approvals.' PHBR now having
Governmental approval is advancing in achieving the necessary process to get
final approval from TUV and CPQD. Upon the full completion (roughly 2 years)
this First large-scale Wi-Fi/WiMAX will have a valuation of over $1 Billion US."
In the recent news, a Comprehensive Report focusing on communications and
PhoneBrasil International, Inc. has been published at http://irprpros.com.
Shares of PHBR closed Wednesday at $0.575 a share, up $0.005 on the day, and
have consistently proven over the past four quarters that they can trade well
above $1.25 per share.
About PhoneBrasil
PhoneBrasil International, Inc. is an American-based company specializing in
Hybrid VoIP, cellular, Broadband and WIFI Technology in the Latin American
market, as well as servicing the International Telecommunication Markets.
PhoneBrasil presently services four niche markets supplying VOIP Technology to
and for the wholesale and retail markets as well as providing calling cards and
boxes. PHBR offers prepaid VoIP calls and equipment, and remains focused on
dominating technological aspects like software, billing, supply, and cost
savings for the new VoIP industry.
Important Notice and Disclaimer
IR/PR PROS is a technology news service which publishes reports providing
information on selected companies that it believes has investment potential.
IR/PR PROS is not a registered investment advisor or broker-dealer. This report
is provided as an information service only, and the statements and opinions in
this report should not be construed as an offer or solicitation to buy or sell
any security. IR/PR PROS accepts no liability for any loss arising from an
investor's reliance on or use of this report. An investment is considered to be
highly speculative and should not be considered unless a person can afford a
complete loss of investment. IR/PR PROS has chosen to cover PhoneBrasil
International Inc free of charge and of its own accord. This report contains
forward-looking statements, which involve risks and uncertainties - including,
but not limited to, risks associated with changes in general economic and
business conditions, including financial information, actions of competitors,
the extent to which we are able to develop new services and markets for our
services, the time and expense involved in such development activities, the
level of demand and market acceptance of the company's services, and/or changes
in its business strategies - that may cause actual results to differ materially
from those set forth in the forward-looking statements. For further details
concerning these risks and uncertainties, please request additional information
directly from the companies above or obtain the SEC filings of the companies
including the companies' most recent annual and quarterly reports.
A PhoneBrasil Investor Report has been made available at: www.phonebrasil.info.
SOURCE: IR/PR PROS
CONTACT: IR/PR PROSKyle Roberts, 954-865-0459irpr@irprpros.comwww.irprpros.comorPhoneBrasil International, Inc.305-600-4156
Copyright Business Wire 2008
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