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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
  •  
 
 


 
Insiders hold 22% of shares

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

 

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

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


 

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.

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#27719   IMO a HUGE run is coming with Vincent DudeWheresMyFLTT 04/21/16 06:36:54 PM
#27718   3? Middlejerm 04/15/16 10:37:03 AM
#27717   Reminder The CEO is this company, Vincent Browne, bugs_bunny 04/10/16 08:50:42 AM
#27716   If WRMT REVERSE MERGERS with FLTT IMO they DudeWheresMyFLTT 04/06/16 07:47:27 PM
#27715   IMO FLTT will REVERSE MERGE with WRMT so DudeWheresMyFLTT 04/01/16 05:27:39 PM
#27714   No need to buy at all nothing but junk ellen780 03/02/16 03:21:05 PM
#27713   No need to buy at .0003 when I DudeWheresMyFLTT 02/19/16 10:18:12 AM
#27712   Keep the .0002's coming. DudeWheresMyFLTT 02/19/16 10:12:29 AM
#27711   SWEET DudeWheresMyFLTT 02/18/16 06:10:08 PM
#27710   Let's get 25 to 50 million on the DudeWheresMyFLTT 02/04/16 05:23:43 PM
#27709   When will FLTT be no bid? I DudeWheresMyFLTT 02/02/16 09:46:53 AM
#27708   Looking for another 50 million at .0002. DudeWheresMyFLTT 01/30/16 02:50:37 PM
#27707   People in Hell want ice water trglaa 01/11/16 10:06:31 PM
#27706   Maybe FLTT is going to REVERSE MERGE with DudeWheresMyFLTT 01/08/16 05:40:05 PM
#27705   Why no .0002's on the ask?? DudeWheresMyFLTT 01/07/16 09:34:30 AM
#27704   Let's get some .0002's on the ask please DudeWheresMyFLTT 01/05/16 10:01:34 PM
#27703   Maybe that's why we see all the 1 DudeWheresMyFLTT 01/04/16 06:03:51 PM
#27702   IMO This is the last year for Vincent DudeWheresMyFLTT 01/04/16 05:59:41 PM
#27701   Happy New Year Vincent Brown(E)! DudeWheresMyFLTT 01/02/16 05:50:04 PM
#27700   My guess is after Vincent converts his 100,000 DudeWheresMyFLTT 12/29/15 07:53:01 AM
#27699   When is Flint going to come alive trglaa 12/28/15 02:58:40 PM
#27698   Merry Christmas Vincent! DudeWheresMyFLTT 12/25/15 02:46:03 PM
#27697   Stop your starting to sound like Vincent. ellen780 12/23/15 08:04:46 PM
#27696   I think today is the last day for DudeWheresMyFLTT 12/23/15 09:48:10 AM
#27695   This company specializes in dishonesty . In essence, scotteedog 12/21/15 02:29:28 PM
#27694   This is not going nowhere don't even trglaa 12/12/15 12:35:55 PM
#27693   Let's get more .0002's on the ask! DudeWheresMyFLTT 12/07/15 05:30:40 PM
#27692   The same thing that has happened last ellen780 12/04/15 04:19:12 PM
#27691   Let's see what happens next year after the DudeWheresMyFLTT 12/03/15 09:36:32 PM
#27690   Yes he is! I feel bad for the ellen780 12/03/15 07:02:01 AM
#27689   This Vincent is going to crash that company scotteedog 12/02/15 09:40:07 PM
#27688   This Vincent is going to crash that company scotteedog 12/02/15 09:40:06 PM
#27687   Looks now like Vincent is involved with ITKH DudeWheresMyFLTT 10/31/15 03:46:57 PM
#27686   Waiting for 9-26-2016. DudeWheresMyFLTT 10/23/15 06:07:32 PM
#27685   Another words it is never going to happen!!! bugs_bunny 10/10/15 11:26:09 AM
#27684   I guess I was wrong on the date DudeWheresMyFLTT 10/07/15 12:20:20 PM
#27683   Bid building at .0002. REVERSE MERGER with DudeWheresMyFLTT 09/25/15 10:08:51 AM
#27682   You might as well dump all shares having ellen780 09/23/15 12:41:21 PM
#27681   DUMPED my shares of Vincent's IMO other involvement DudeWheresMyFLTT 09/22/15 10:48:22 AM
#27680   IMO anyday now we will see a REVERSE DudeWheresMyFLTT 09/21/15 05:07:24 PM
#27679   ITKH + FLTT and AXLX???? DudeWheresMyFLTT 08/21/15 02:08:10 PM
#27678   Maybe FLTT will REVERSE MERGE with ITKH??? DudeWheresMyFLTT 08/20/15 03:20:39 PM
#27677   Sorry I want .0001. DudeWheresMyFLTT 08/20/15 03:09:51 PM
#27676   I'll give you my 100 million at .001 ellen780 08/20/15 11:14:38 AM
#27675   Hope to get 100 million at .0001 before DudeWheresMyFLTT 08/20/15 09:39:55 AM
#27674   Wow a whole $90 was sold and ellen780 08/12/15 02:05:14 PM
#27673   FLTT is alive! DudeWheresMyFLTT 08/11/15 11:02:50 AM
#27672   9-25-2015 is the date that IMO FLTT does DudeWheresMyFLTT 08/10/15 02:49:30 PM
#27671   IMO FLTT will REVERSE MERGE with another company DudeWheresMyFLTT 08/08/15 12:52:33 PM
#27670   100 increase of nothing equals nothing ellen780 08/06/15 09:06:59 AM
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