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Flint Telecom Group, Inc. (FLTT)

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 http://www.flinttelecomgroup.com/

 Flint Telecom Group Inc.(FLTT) is a telecoms technology organization. Flint Telecom focuses on the following 2 Business Segments:


Cable & Voice Corporation: Modem, cable and other telecom equipment supplies to leading cable and rural telecom operators in the United States.

Prepaid Telecom Services: The Provision and Distribution of 'Integrated' prepaid calling and cellular products in the United States and Internationally.

http://www.flinttelecomgroup.com

http://www.flinttelecomgroup.com/index.php?page=subsidiaries_190239

FLTT currently has two operating companies, Cable and Voice Corporation, that distributes cables and modem equipment primarily to cable operators and other operators in the U.S., and Flint Prepaid, Inc, that is planned to grow organically in the prepaid telecom services area without the need for additional capital. These businesses are operationally self sufficient on a day-to-day basis and primarily reflect the operating profit of $177,928 reported in the quarter ended March 31, 2012.

http://www.flinttelecomgroup.com/index.php?page=pressrelease&action=view&pressrelease_id=66

Deloitte ranked number 78 FLTT within 500 tech companies


Flint Telecom ranked number 78 on Technology Fast 500TM, Deloitte's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

http://www.flinttelecomgroup.com/index.php?page=home

FLTT~~ Strategic Partners

http://www.cableandvoicecorp.com/store/aboutus_partners.asp

FLTT SUB COMPANY



 
http://www.cableandvoicecorp.com/store/index.asp

 

Strategic Partners and Product Lines
 
NCTC logo
 
   

   

 

 

 





   
   
   
 
              




Cable and Voice Corporation is a leading value-added master distributor of advanced broadband products and services to Cable, Telecommunications, Enterprise, , and Service Provider customers throughout the world.

For over 9 years Cable and Voice Corporation's staff, has provided technical expertise and advise, fast service and competitive prices on quality broadband, VoIP and wireless products. The Company offers a wide range of products and services which includecable modems, cables, UPS units, AV Powerline and Homeplug adapters, Wi-Fi and cellular wireless hardware and software applications, Intelligent Telephone Adapters (ITA) and IP Telephones for VoIP services and other customer premise equipment. Cable and Voice Corporation also offers white label digital voice services to its customer base that are provided by another Flint subsidiary, Digital Phone Solutions, Inc.
The Company's customers include many of the top 10 largest cable operators, as well as regional and local providers. The Company was awarded one of the first Platinum Vendor designations for the National Cable Television Cooperative (NCTC), which gives the Company unique access to more than 1,000 independent cable companies with over 15 million subscribers throughout the United States.

http://www.flinttelecomgroup.com/index.php?page=cable__voice_corporation


 FLTT Annual Revenue 10.7  million dollars as of june 30, 2012

http://www.otcmarkets.com/financialReportViewer?symbol=FLTT&id=90981


FLTT reported a net profit of $2,036,925 for the three months ended March 31, 2012

PAGE 27

http://www.otcmarkets.com/financialReportViewer?symbol=FLTT&id=83126


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 FLTT 11 million dollars coming

Flint sold all of the stock of the Targets owned by Flint in exchange for a potential maximum of $11,000,000 in deferred cash payments, to be paid over a period of five years and contingent on future revenues earned by the Targets. The payments shall be made in the form of a revenue share based on actual customer usage and include a minimum total of $2,440,000 in cash, to be paid through minimum monthly payments of $40,000 payable from month 14 to month 29 and minimum monthly payments of $60,000 payable from month 30 to month 60. This total consideration is subject to a number of third party deductions, as follows and in accordance with an escrow agreement by and among Flint and Flint's secured lender, Thermo Credit LLC: $2,000,000 must be used to repay Flint's outstanding secured loan issued from Thermo Credit, LLC; $3,000,000 shall be set aside and paid to Flint's Series H Convertible Preferred Stock Holders in exchange for the return of the Series H Preferred Shares, at the Preferred Holder's option and pursuant to a settlement agreement, and $1,000,000 must be used to repay certain accrued payroll liabilities of the Targets. The foregoing descriptions of the Share Purchase Agreement, the Escrow Agreement and the Settlement Agreement are qualified in their entirety by reference to the full text of the Share Purchase Agreement, the First Amendment to the Share Purchase Agreement, the Escrow Agreement and the Settlement Agreement, which are attached to Flint's Supplemental Information Filing dated March 21, 2012 as Exhibits 2.1, 2.2, 2.3 and 2.4, and are incorporated herein by reference.
The company recorded a gain of $1,103,554 on the disposal of the above companies for the three and nine months

page 14

http://www.otcmarkets.com/financialReportViewer?symbol=FLTT&id=83126

~~~~~~~~~~ FLTT SHARE STRUCTURE ~~~~~~~~~


FLTT share structure as of March 31, 2012

Number of Shares Authorized (A/S) 900 million

Number of Shares Outstanding (O/S) 768 million

Freely Tradable Shares (Float) 766 million


PAGE 3

http://www.otcmarkets.com/financialReportViewer?symbol=FLTT&id=83126

-------------------------------------------

FLTT share structure as of Sept 14, 2012

Number of Shares Authorized 900 million

Number of Shares Outstanding 769 million

Freely Tradable Shares (Float)767 million


Page 6

http://www.otcmarkets.com/financialReportViewer?symbol=FLTT&id=90981


http://www.otcmarkets.com/financialReportViewer?symbol=FLTT&id=83126

 SHAREHOLDER NEWS LETTER (June 05, 2012): SHARES WILL NOT INCREASE, NO REVERSE SPLIT


Management currently has no plans to ask shareholders to increase the authorized shares or effect a reverse split of the shares.

http://www.flinttelecomgroup.com/index.php?page=pressrelease&action=view&pressrelease_id=66
 

Contact Info
  • 7500 College Blvd.
  • Suite 500
  • Overland Park, KS 66210
  •  
 
 


 

 

FLTT Transfer Agent ~
Computershare Trust Company Inc. 
350 Indiana St.
Golden, CO 80401
303-262-0600

Investor Relations Contact ~ Investor Contacts : Flint Telecom Group Inc


 

FLINT TELECOM SELLS PREPAID DEBIT CARD AND REMITTANCE BUSINESSES TO AUSTRALIAN PARTNER

Mar 21, 2012


OVERLAND PARK, KS--(Marketwire -03/23/12)- Flint Telecom Group, Inc. (http://www.flinttelecomgroup.com) (OTC.BB: FLTT.PK - News), a telecoms technology and services organization, today announces that it has completed the sale of three of its subsidiaries, Ingedigit International, Inc. ("III"), Gotham Ingedigit Financial Processing Corp ("P2P") and Connect2Family USA, Inc. ("C2F"), to Brankib Holdings Pty. Ltd, an Australian registered company.In accordance with the completed Share Purchase Agreement, Flint sold all of the shares it currently held in the subsidiaries in exchange for cash consideration, to be paid over a period of five years contingent on future revenues earned by the companies. Under the terms of the agreement, Flint will be paid an agreed fee for each customer transaction during the contract period up to a maximum of $11,000,000. However, the total amount payable to Flint is contingent and variable based on actual customer usage in the future. The agreement does call for minimum payments totaling $2,440,000 in cash over the contract period.All consideration received by Flint is subject to a number of third party deductions as follows; $1,000,000 must be used to repay certain liabilities of the subsidiaries; $2,000,000 must be used to repay Flint's outstanding secured loan issued from Thermo Credit LLC and $3,000,000 shall be set aside and paid to Flint's Series H Convertible Preferred Stock Holders in exchange for the return of the Series H Preferred Shares, at the Preferred Holder's option and pursuant to a settlement agreement.Commenting on the deal, Vincent Browne, Chairman of Flint, said, "Following a lengthy period of review of our existing operations since last Autumn, we are pleased to finally complete this sale to Brankib, our existing partner in the previously announced Vietnamese projects. We have given this transaction serious consideration and feel that this represents the best option for all of Flint's stakeholders, as Brankib has contracted to invest a further $1 million in the businesses as part of this transaction, in addition to the $500,000 they have already provided over the past six months. This means that Flint will potentially benefit from the rapidly growing market for these services over the next few years without having to further fund the operations. Given the continuing challenge that Flint faces in raising capital following the failure of the Kodiak funding process last year and the continuing low share price of Flint's common stock, the board decided that this was the best option available to the Company and would deliver the best outcome for its stakeholders over time. We wish the team at Brankib and the management and staff of the subsidiaries the very best for the future and we will continue to support the businesses in any way possible so that we can all maximize the returns available from this exciting market."


____________________________________________________________________________________________________________________________________

 





Letter to Shareholders - Corporate Update

05th June 2012
 

 

  •    

 


  

 

Vincent Browne

  • Chairman and CEO

    The former Head of Procurement with Esat BT in Ireland. In this position, Vincent also managed the Carrier Services division of Ireland's leading competitive carrier with responsibility for the impact of the division on carrier profitability as well as driving retail sales and subscriber acquisition programs. On leaving Esat he founded and managed Prime Carrier in 2000, which has in its short lifetime established itself as the market leader in the supply of advanced least cost routing and switch management systems to the global carrier wholesale markets with over 50 customers in 25 countries. Vincent resigned his executive role with Prime Carrier to found Flint Telecom in 2005.

     

  • Bernard A. Fried

    President and COO

    Mr. Fried has over 30 years of telecom and technology experience. He has applied his business development, operations, and sales skills to consult with Fortune 1000 and international companies in the US, India, the Philippines, and Australia. His clients included such companies as American Electric Power, AT&T, Capital One, Telstra, and Nippon Telephone. During his career, he has held numerous executive positions in the call center, telecommunications, and biometric industries. Since 1975, Mr. Fried has developed and implemented successful sales and marketing strategies and marketing programs for telecommunications companies. He currently serves on the Board of Directors of the United States Internet Industry Association, and is a former Board member of Ascent (merged into Comptel), one of the primary telecommunications industry associations. Throughout his career, Bernie has helped companies introduce programs, products, and services for entering new markets; taught telecommunications and proposal writing courses for corporate and government officials at the State University of New York; and currently teaches management and leadership courses in the School of Professional and Graduate Studies at Baker University in Kansas.

    FLTT Daily Chart

 

 

 

 

 

 

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FLTT
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Volume:
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PostSubject
#27344   IMO FLTT is HALTED for NYSE MKT up DudeWheresMyFLTT 07/24/14 10:29:52 AM
#27343   As I wait for IMO a REVERSE MERGER DudeWheresMyFLTT 07/23/14 07:17:08 PM
#27342   I have to buy a calculator to add ellen780 07/23/14 12:07:24 PM
#27341   I may have to buy a new computer DudeWheresMyFLTT 07/23/14 08:04:29 AM
#27340   Yeah and there is a tooth fairy. I ellen780 07/22/14 10:09:46 AM
#27339   Chart showing the MASSIVE accumulation of FLTT. DudeWheresMyFLTT 07/21/14 05:12:30 PM
#27338   Should get uplisting news by 7-29 to 8-15-2014. DudeWheresMyFLTT 07/21/14 05:09:38 PM
#27337   If I can get .0002's again I will DudeWheresMyFLTT 07/21/14 03:37:33 PM
#27336   Don't need .0004's as I can now reload DudeWheresMyFLTT 07/21/14 11:52:19 AM
#27335   Did you say big group is loading.you must ellen780 07/21/14 11:22:13 AM
#27334   Keep filling me with the .0004's as I DudeWheresMyFLTT 07/19/14 06:40:42 PM
#27333   peeps reloading here on 3s and 4s Irish32 07/18/14 01:07:16 PM
#27332   Massive accumulation for three years now. Almost DudeWheresMyFLTT 07/18/14 01:05:19 PM
#27331   If you can't get .0003's just buy at DudeWheresMyFLTT 07/18/14 12:20:17 PM
#27330   Looks like everyone is following my lead. DudeWheresMyFLTT 07/18/14 12:17:39 PM
#27329   Holding very strong. Don't care a pee-on sold..Def Irish32 07/17/14 04:28:26 PM
#27328   And where there is fire you get burned ellen780 07/17/14 04:27:18 PM
#27327   Not to rain on anyone's parade Blade Slade 07/17/14 03:33:46 PM
#27326   Groups loading and will push after lunch is Irish32 07/17/14 11:30:22 AM
#27325   BIIG GROUP LOADING 5s!! this thing moves Irish32 07/17/14 10:43:55 AM
#27324   nice volume FLTT. lets move this baby 001+ today brunners 07/17/14 10:19:45 AM
#27323   lets close at .0007 TheROFLTrader 07/17/14 10:18:05 AM
#27322   Anyone know what the level II looks like andy10_07 07/17/14 10:15:24 AM
#27321   Thiiiiin wow Irish32 07/17/14 09:32:05 AM
#27320   FLTT .0005 $treet Trader 07/17/14 09:31:32 AM
#27319   nice volume today. eazy mover imo brunners 07/16/14 10:09:41 PM
#27318   This thing will def be heating up tomorrow watch! Irish32 07/16/14 05:41:34 PM
#27317   in FLTT .0004 $treet Trader 07/16/14 03:58:37 PM
#27316   Hearing good thigns coming very soon here. Lots Irish32 07/16/14 01:39:20 PM
#27315   Make 65% not 33% buying at .0003 and DudeWheresMyFLTT 07/15/14 09:26:11 PM
#27314   As I wait for imo REVERSE MERGER news DudeWheresMyFLTT 07/15/14 06:42:40 PM
#27313   This board said two years ago AXLX and DudeWheresMyFLTT 07/15/14 06:24:55 PM
#27312   Massive, Massive, Massive, 3 years of MASSIVE accumulation!!!!!!! DudeWheresMyFLTT 07/15/14 06:20:02 PM
#27311   I meant RM. ..stupid phone go fltt Irish32 07/15/14 09:30:21 AM
#27310   I'm hearing these RD as well wheres there Irish32 07/15/14 12:23:23 AM
#27309   IMO they HALTED it for a REVERSE MERGER DudeWheresMyFLTT 07/14/14 04:26:39 PM
#27308   I thought FLTT was going to Rock and roberteliates 07/14/14 04:00:08 PM
#27307   lil positive volume would be well rewarded here! Irish32 07/14/14 12:54:47 PM
#27306   looks ood here whats going on? IM in Irish32 07/14/14 11:03:45 AM
#27305   $FLTT .0006 falling dear traders, level 2 shows SlickTrades 07/14/14 10:37:27 AM
#27304   $FLTT .0006 are up, SlickTrades 07/14/14 10:15:15 AM
#27303   $FLTT .0005 are falling, 8 million bid is SlickTrades 07/14/14 10:13:17 AM
#27302   I think your right something is up. Hopefully ellen780 07/14/14 10:08:40 AM
#27301   $FLTT what a volume came in, something is SlickTrades 07/14/14 10:01:47 AM
#27300   That is not accumulation. It is people who ellen780 07/10/14 12:48:38 PM
#27299   The Company currently has two operating companies, Cable DudeWheresMyFLTT 07/09/14 08:45:29 PM
#27298   FLTT accumulation is almost off the chart. DudeWheresMyFLTT 07/09/14 08:34:10 PM
#27297   IMO FLTT will REVERSE MERGE with AXLX and DudeWheresMyFLTT 07/09/14 08:31:41 PM
#27296   IMO a REVERSE MERGER with AXLX will happen DudeWheresMyFLTT 07/09/14 02:15:24 PM
#27295   Maybe Vincent Brown(E) needs gas money? $70.80 DudeWheresMyFLTT 07/09/14 02:07:57 PM
PostSubject