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Saturday, 02/09/2008 12:28:52 PM

Saturday, February 09, 2008 12:28:52 PM

Post# of 119915
.<font color=green>UPDATED 2/9/08 BREAKING NEWS - Due Diligence - chart

(((((BREAKING NEWS))))

Do-Not-Call solution rolled out to Australia

US contact centre communications company NobelBiz Corporation will roll out Compliance Systems Corporation Do-Not-Call systems in Australia.

NobelBiz is a leading contact centre VoIP provider with a platform that reaches world-wide markets in places such as Australia, India and the Philippines. NobelBiz will utilise the TeleBlock Do-Not-Call features throughout its network to ensure compliance with the various government Do-Not-Call regulations for its contact centre clients.

TeleBlock Call Blocking System, is designed to automatically screen and block outbound calls against federal, state and in-house do-not-call lists. "It's a simple fit to avoid unnecessary mistakes for users, and we are excited to add the TeleBlock feature to further enhance the personalised services we provide to the Contact Center community," Richard Mahfouz, CEO of NobelBiz Corporation, said.

http://www.callcentres.net/CALLCENTRES/LIVE/me.get?site.sectionshow&CALL2885

This confirms the Worldwide expansion NEWS in this PR by COPI!


Call Compliance Inc. and NobelBiz Corporation Enter Agreement
Wednesday January 30, 8:30 am ET
TeleBlock(R) Services To Be Utilized Within a Worldwide Network


GLEN COVE, N.Y.--(BUSINESS WIRE)--Compliance Systems Corporation (Call Compliance, Inc.) (OTCBB: COPI, http://www.callcompliance.com), a telecom service company focused on providing compliance technologies and methodologies to the teleservices industry, has announced an agreement with NobelBiz Corporation, a leading supplier of telecommunication services and a VoIP provider. NobelBiz will utilize the TeleBlock® Do-Not-Call features for application within its worldwide business network.


The TeleBlock® features ensure compliance with the various Federal and State Do-Not-Call regulations for NobelBiz’s Contact Center clients. The TeleBlock® service will enhance the existing NobelBiz voice network.

Dean Garfinkel, Chairman and CEO of Call Compliance stated, “The diversified solutions that TeleBlock® offers in combination with NobelBiz, a leading Contact Center VoIP provider, creates a great platform to reach world-wide markets in places such as India, Philippines, and Australia. We are pleased to be able to partner our technologies worldwide, and look forward to our growth together.”
Richard Mahfouz, CEO of NobelBiz Corporation further explained, “The TeleBlock® technology provides an effortless and convenient way to enhance our business strategy. It’s a simple fit to avoid unnecessary mistakes for users, and we are excited to add the TeleBlock® feature to further enhance the personalized services we provide to the Contact Center community.”





Congress extends Do Not Call program By JIM ABRAMS, Associated Press Writer
Wed Feb 6, 11:30 PM ET

http://news.yahoo.com/s/ap/20080207/ap_on_go_co/do_not_call

WASHINGTON - Politicians have finally found an issue they all can agree on: Telemarketers calling at dinnertime are a scourge that must be repulsed. Congress on Wednesday sent to President Bush two bills that would make permanent a program to protect consumers from unwanted phone calls from telemarketers. Its hallmark is the national "do not call" list.




- 2/5/08 PR updates to 6 billion call counts for TELEBLOCK - Read this PR...

http://biz.yahoo.com/bw/080205/20080205005064.html?.v=1

Now we have updated revenue estimates... read this post

http://investorshub.advfn.com/boards/read_msg.asp?message_id=26574517


COPI is a fast growing Teleservices company that IPO'd at $1.60 last May, 07, and the stock was promptly sold and shorted down to the .01 range, because of a bad financing deal with a company that is the equivalent of a corporate loan shark. COPI has continued to grow revenues, and refinanced the bad loans and restructured its finances, and now is on the verge of becoming a profitable company... That is the conclusion I have reached by doing the due diligence task highlighted below.

Compliance Systems primary product is Teleblock, which is a call blocking system that generates revenue for every call that is run through the VeriSign/Call Compliance network. This service is to administer compliance with Federal and State Laws concerning Telemarketing Regulations and COPI is one of the most ethical companies in the whole NASD trading system, because it administers compliance under the watchful eyes of the United States Federal Trade Commission and the Attorney Generals of each State that has Do Not Call Legislation!


Compliance Systems is the company - and anyone wanting info on the company should first check out their website.
Start with the volume up on your computer, listen to the intro, then read and examine each page of the site...

http://www.callcompliance.com/

Take the time to click on all the Alliance partners and reseller links... Very interesting to see just how widespread the product is.

http://www.callcompliance.com/strategic/alliance.html

Also, I would recommend inspecting the ARDA and ATA links provided on the Website, but for purposes of this post... Here they are..

http://www.callcompliance.com/strategic/associations.html

Now here is the website link to COPI’s latest Press Release, but you can see every PR on this link, back to 1999!

http://www.callcompliance.com/media/index.html

After inspecting the Website, I would refer you to VeriSign, their Alliance Partner...

http://www.verisign.com/products-services/communications-services/intelligent-database-services/teleblock-do-not-call-services/index.html

Of course, you have already seen this by inspecting the Website..
but click on the link to their WHITE PAPERS and read about TeleBlock, COPI's primary product, from VeriSign's perspective..



VeriSign's White Papers about TeleBlock

http://www.verisign.com/stellent/groups/public/documents/white_paper/001948.pdf





If you don't know who VeriSign is... Take a moment to review their financials and profile...

Profile:
http://finance.yahoo.com/q/pr?s=VRSN

And the financials

http://finance.yahoo.com/q/ks?s=VRSN

Now you are ready to read the SEC filings... here is the link.


Real-Time SEC Filings
http://www.nasdaq.com/asp/quotes_sec.asp?symbol=COPI&selected=COPI&page=filings


Start with the last 10Q - noting that the above references to VeriSign are important as VeriSign is the primary distributor of Teleblock for COPI.

From the 10Q - but read it all please!

Revenues for the three months ended September 30, 2007 were $509,190 compared to revenues of $387,994 for the corresponding period in 2006. This increase of $121,196, or 31.2%, was principally attributable to increased revenues from VeriSign, its principal TeleBlock distributor. Revenues from VeriSign comprised 87.6% and 83.2% of the Company’s third quarter revenues for 2007 and 2006, respectively. An increase of 46 million call counts for its TeleBlock service increased the Company’s revenues by $109,514 for the second quarter; the Company also generated additional revenue of $31,553 from other revenue sources including its online guides, VoIP services, and its new product, Enhanced Caller ID.

The Company is encouraged by recent sales gains and reductions in its operating shortfall of gross margin to selling, general and administrative expenses. Under favorable sales, cost and expense projections, the Company anticipates its operations may become cash-flow neutral during the second quarter of fiscal 2008.

Now read the 8K filing from 12/31/07 where COPI announced they are refinancing their debts into a series of PREFERRED SHARES, and they have bought back the expensive and dilutive Cornell debentures...

From the 8K filing..

Item 8.01 Other Events.


(a) On December 24, 2007, the Corporation satisfied all of the Corporation’s obligations under the secured convertible debenture (the “YA Global Debenture”) of the Corporation in the original principal amount of $150,000, issued to YA Global Investments, L.P. (f/k/a Cornell Capital Partners, LP) (“YA Global”) and dated March 16, 2007, by the payment to YA Global of the sum of $192,000.00, representing principal, accrued interest and a redemption premium. Accordingly, as of December 24, 2007, the YA Global Debenture is no longer deemed outstanding. The Corporation has demanded the return for cancellation of the YA Global Debenture and other documents delivered to YA Global as assurance for the Corporation’s compliance with its obligations to YA Global under the YA Global Debenture.



(b) On December 24, 2007, the Corporation satisfied all of the Corporation’s obligations under the secured convertible debenture (the “Montgomery Debenture”) of the Corporation in the original principal amount of $1,000,000, issued to Montgomery Equity Partners, Ltd. (“Montgomery”) and dated March 8, 2006, by the payment to Montgomery of the sum of $947,276.56, representing principal, accrued interest and a redemption premium. Accordingly, as of December 24, 2007, the Montgomery Debenture is no longer deemed outstanding. The Corporation has demanded the return for cancellation of the Montgomery Debenture and other documents delivered to Montgomery as assurance for the Corporation’s compliance with its obligations to Montgomery under the Montgomery Debenture.




Effective as of December 31, 2007, the Corporation sold and issued shares of Serial Preferred Stock as follows:
• An aggregate 2,500,000 shares of Serial A Preferred Stock were sold to accredited investors at a purchase price of $1.00 per share, or total consideration of $2,500,000, payable in cash;

• An aggregate 1,250,000 shares of Serial B Preferred Stock were sold to a total of two affiliates with the Corporation, at a purchase price of $1.00 per share, or total consideration of $1,250,000, payable in the form of cancellation of debt of the Corporation to such persons and entities in an aggregate amount equal to such total consideration, such debt having been reflected on the Corporation’s balance sheet contained in the Corporation’s most recent Quarterly Report on Form 10-QSB for the period ended September 30, 2007 as a portion of “Current maturities of long-term debt, principally to related parties;” and



2
--------------------------------------------------------------------------------


• An aggregate 1,885,709 shares of Serial C Preferred Stock were sold to a total of six persons and entities, including three affiliates of the Corporation, at a purchase price of $1.00 per share, or total consideration of $1,885,709, payable in the form of cancellation of debt of the Corporation to such persons and entities in an aggregate amount equal to such total consideration, such debt having been reflected on the Corporation’s balance sheet contained in the Corporation’s most recent Quarterly Report on Form 10-QSB for the period ended September 30, 2007 as a portion of “Current maturities of long-term debt, principally to related parties .”





Each of the shares of Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock are convertible, at any time, into 100 restricted shares of the common stock, par value $.001 per share (the “Common Stock”), of the Corporation (subject to adjustment). There were no underwriters or other brokers, agents or finders utilized by the Corporation, nor did the Corporation incur any underwriting discounts or commissions or similar fees, in connection with the sale of such shares of Serial Preferred Stock.



http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001144204%2D07%2D069689%2Etxt&FilePath=%5C2007%5C12%5C31%5C&CoName=COMPLIANCE+SYSTEMS+CORP&FormType=8%2DK&RcvdDate=12%2F31%2F2007&pdf=


Finally, realize that COPI has just hired a very well respected company in NEW YORK CITY, NY to do their investor relations and promotion work...

Here is the PR...

Compliance Systems Corporation Retains The Investor Relations Group of New York
Thursday December 13, 9:44 am ET
IRG to Communicate Company's Teleservice Technology Story


GLEN COVE, N.Y.--(BUSINESS WIRE)--Compliance Systems Corporation (OTCBB: COPI, http://www.callcompliance.com), a telecom service company focused on providing compliance technologies, methodologies, and services to the teleservices industry through their proprietary product, TeleBlock Call Blocking System, has retained the Investor Relations Group, Inc. (IRG) of New York City, to serve as its investor relations and corporate communications firm.


“We are pleased to have the Investor Relations Group become an integral part of communicating our story to the investor community and the media at large,” said Dean Garfinkel, Chairman and CEO of Compliance Systems Corporation. “Our range of product and service solutions is designed to ensure regulatory and statutory compliance within calling environments. We remain focused on moving forward and extending our products to a vast cross-section of industries, and believe our relationship with IRG will help facilitate these goals.”

About the Investor Relations Group, Inc.

The Investor Relations Group, Inc. (IRG) offers a full-service corporate communications program designed to suit the many unique needs of small-cap companies. The program utilizes a proprietary, targeted approach to reach institutional investors, analysts, and the media-at-large. For further information, please visit the company website at

http://www.investorrelationsgroup.com/index.html

Please click on the link above and check out the investor relations group and what their history and services are, and realize that COPI is much bigger than just I-hub, and is being talked about on WALL STREET now..

Here is one very interesting page from Investor Relations Group website..
Facts

The Investor Relations Group specializes in smaller public companies, many of them public via reverse merger. We understand the unique challenges faced by these companies while they work to break through the $500-million market capitalization threshold.


The IRG client to account professional ratio is 1:1.5
Our program integrates both investor relations and public relations strategies to offer the most comprehensive, professional corporate communications program available.
In 2006/2007, our investor relations executives booked more than 6,000 unique meetings with fund managers and analysts for our portfolio companies — an average of 240 meetings per company.
Highlights accomplished by our public relations executives during the past 24 months include cover or feature articles in: The Wall Street Journal, USA Today, The New York Times, Bloomberg, Newsday, The Chicago Tribune, The Washington Post, The Los Angeles Times, The San Francisco Chronicle, Time, Fortune, Forbes, Business Week, Newsweek, Allure, W, Reader’s Digest, Crain’s, Barron’s, PharmaVOICE, R&D Directions, CBS’s 60 Minutes, ABC’s 20/20, Tech TV, NY1, Bloomberg TV, CNBC’s Power Lunch, and thousands of other newspapers and television and radio programs nationwide. We delivered millions of dollars in advertising equivalency for our clients—ALL nano- and microcap companies.

We have 200,000+ investors available for fact-based traditional mailings.
We have over 1.3 million+ opt-in email addresses of buy side managers and individual investors.
Our results speak for themselves: 100% of our business since our inception over 11 years ago has come from referrals from financial community professionals or from our happy clients, underscoring our constituents’ satisfaction with our programs.

http://www.investorrelationsgroup.com/facts.html

And finally, here is a link to the COPI - I-hub board, where you can find a group of investors that are following the COPI story and will be glad to answer questions you may have..

http://investorshub.advfn.com/boards/board.asp?board_id=982



Posted by: evil wizzard
In reply to: None Date:2/8/2008 2:48:35 PM
Post #of 2603

COPI

Chart lesson for today: symmetrical triangle. Yesterday, I posted about the symmetrical triangle formation in IMYN. Today I found a perfect example in COPI. The triangle is completely formed. The next movement will be huge. Based on the past action, the movement should be up - but if it breaks down, watch out below. I'll be watching this one for the next few days.

Examples: http://www.chartpatterns.com/symmetricaltrianglechartsstocks.htm
















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