Thursday, December 01, 2016 9:06:53 PM
https://finance.yahoo.com/news/telco-cuba-corporate-grand-chenier-180448737.html
owns 28% of a dormant oil-producing field in Grand Chenier, Cameron Parrish, Louisiana. The current price of a barrel of oil, the current political situation in the US, the bull market and the United States' healthy appetite for all things energy means great news for QBAN. While the company is a telecommunications company, for the last 9 months Telco Cuba has explored how best to monetize the property and have engaged a consultant to help in this matter.
Micro Tech, Inc., the lead partner in the teaming agreement Telco Cuba, Inc. agreed to be a part of, is a 350 Million a year company with over 100 employees. Micro Tech, Inc. is one of the largest minority and veteran owned companies in the United States.
Telco Cuba, Inc. has been in litigation with two note holders. The notes originated in 2011, when the company was known as Sungro Minerals, Inc. The company has challenged both notes, due to their questionable validity. Telco Cuba has settled one of the notes on a dollar for dollar basis, no discount points and the other is being litigated with an intent on getting the balance written off.
The company is working on becoming current as soon as possible. This name change is necessary to better handle the finances of the company under current OFAC regulations.
The company will start using its twitter account "@amgentech" to regularly inform its shareholder base and the investment community on the many initiatives currently being worked on at Telco Cuba, Inc.
https://twitter.com/amgentech
http://www.microtech.net/
https://www.facebook.com/MicroTechBUZZ
https://www.linkedin.com/company/microtech_2
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