Ceelox Inc. (fka CELO)

[wormwood]

number 505 968 6314
E mail [e-mail]

[Welcome2Pinkyland]

The $250k they gave to ITKH may have bankrupted them?

[Welcome2Pinkyland]

Hmmm. Interesting. What # and what email?

[wormwood]

Dialed their number and got an answer no longer in service. Sent an email and came back not delivered.That was just this evening.

[Welcome2Pinkyland]

I never tried to contact them.

[wormwood]

LYN, I should have been more specific. I do not have pm and wanted to bring something privately.I have a concern about trying to contact CELO.No success has numbers and addresses changed?

[wormwood]

LYN
Start with CELO.Did some checking. Do a little more DD and pm me on your thoughts.

[Welcome2Pinkyland]

Checking under the cushions for the rest of the $2mil

[wormwood]

Where is everyone?

[Welcome2Pinkyland]

Thanks for the quick reply. Good customer service!!

[Johnny4profits]

OTC is doing maintenance right now.
Check back later.

CELO

[Welcome2Pinkyland]

Johnny, what did you do with the 8k stating the closing of the Send Global deal is complete?

[Johnny4profits]

http://www.otcmarkets.com/financialReportViewer?symbol=ITKH&id=104592

[Welcome2Pinkyland]

The deal with send global will be completed May 25th - that adds $12million in yearly revenue!

[Welcome2Pinkyland]

An 8k tomorrow morning?

The purchase of Send Global and $12 million in annual revenue should get things started around here- we shall see, maybe we will have to wait until the next 10k

[Welcome2Pinkyland]

Interesting info. Thanks wshaw14

[wshaw14]

Not putting this forward as a negative or a positive, just information. Here is another company that looked at buying ALLCOM back in 2010 for supposedly $26M worth of shares in July 2010. Link below. From what I can gather the prospective buyer was halted trading on the TSX March 13, 2010 and has not resumed.

http://cc.newsblaze.com/story/2010071513040500002.cc/topstory.html

http://web.tmxmoney.com/charting.php?qm_page=19307&qm_symbol=SBO.H

[Welcome2Pinkyland]

unfortunately you are right about this-> Another thought
is that it could go undiscovered
for a long long long long time.

[Johnny4profits]

It's 10, I just gave it the 11th.
Of course we know that if this
was discovered already the PPS
would most likely not be a penny.
Just a thought. Another thought
is that it could go undiscovered
for a long long long long time.

...
THE GIRL NAMED CELO



SOMEONE SEE THE GIRL!

.

[Welcome2Pinkyland]

Agee -> not many folks listening and that concerns me.

10 board marks and no volume is not much of a recipe for success. Lol

Hopefully when CELO P/R's millions in revenue and maybe some profit things around here boardmark and PPS wise will change.

[Welcome2Pinkyland]

Agree- the 10k is not impressive. No business revenue.

I'm not sure if I'm zeroed in, but I would like to bring home some bacon. LOL

A positive here is they are buying Send Global and that will bring in $12mil annually and it looks like they are doing some other things too.

Most likely we will have to wait three months before we get a better picture of the direction CELO is headed.

[Johnny4profits]

I'm trying to feel the love here!
Man, it's a stretch. I mean, someone buys $1,000 worth of this
stock and the chart makes it look like the rush is on. Looking
through the financials it sounds more like the bum rush. LOL

I just wonder how on Earth this CELO has managed to even hold a penny PPS. What happened here and more importantly, what is going to happen to change things? Is this an emerging success story or are the principles happy with their current life style of debt and not a very big pay check? No more of a following than this stock has, I'd say it's a real crap shoot! It's got sleeper written all over it and spending this kind of money to grow the business wreaks of potential as a bottom play. These guys sure look like they have a clue!

That 10K and all sure gives me some food for thought. Seems like
you are zeroed in here with your eyes on bringing the bacon home.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9223899

ITEM 10.

DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT.

The following table sets forth the name, age and position of each of our officers, directors, director designees and key employees.

Mark Grannell (51 years old) became our Chief Executive Officer on September 15, 2011 and our Chief Operating Officer on February 12, 2010, in connection with our acquisition of Ceelox Private. Mr. Grannell joined Ceelox Private during the second quarter of 2008 as Chief Operating Officer bringing over 20 years engineering and management experience with Motorola, Sprint, Level 3, and SiriCOMM His career includes satellite, wireline and wireless telecommunication, data and voice design and engineering; business development; sales and executive-level management. Prior to joining Ceelox Private, Mr. Grannell’s career began at Motorola as a system engineer working on satellites. He then spent over twelve years, from 1989 to 2000, at Sprint where he enjoyed a steady progression of management responsibilities. Past duties at Sprint include direct responsibility over a $180M annual budget for national wireless network deployment including hardware and software design and a staff exceeding 250 people. After leaving Sprint, Mr. Grannell worked at Level 3 from 2002 to 2007 performing business development and sales functions. In January 2007, Mr. Grannell left Level 3 to become President and CEO of SiriCOMM, Inc. During the next 14 months Mr. Grannell oversaw network redesign and development of new network operations software resulting in 30% maintenance reduction and 60% data throughput performance improvement. SiriCOMM filed for U.S. federal bankruptcy protection in December 2007. Mr. Grannell earned his Bachelor of Science degree in Electrical Engineering from Kansas State University and his MS Electrical Engineering from the University of Missouri. He is an elected member of the Gardner/Edgerton Board of Education.

William P. Moore (69 years old) became our Secretary, Treasurer and Chief Financial Officer on September 15, 2011. He has been Chairman of the Board of the Company since November 5, 2009. Prior to our acquisition of Ceelox Private, Mr. Moore was the President, Chief Executive Officer, Chief Financial Officer and Secretary of the Company since November 5, 2009. Since 1994, Mr. Moore has been a co-owner, director and secretary of Continental Coal Inc., a privately-held surface mining company operating in Kansas and Missouri. Mr. Moore received his Bachelor of Science degree from the United States Military Academy at West Point and a Master of Business Administration degree from Harvard University.

Well, I gotta think about this one. Seems to me that this is another possible high value sleeper that may tie my money up as has ITKH. Might be a good idea to see if ITKH performs at all sometime soon. Both companies sound good, just not many folks listening and that concerns me. Maybe ITKH will ring in the GREEN pretty soon and I'll feel a little better about these kinds of stocks. In the mean time, I am looking!



CELO

[Welcome2Pinkyland]

Outstanding Shares 38,547,556

Authorized Shares 100,000,000

[Welcome2Pinkyland]

http://www.sendglobal.com/ -from the 10K:

Send Global

As announced on Form 8-K filed with the SEC on October 31,2012, on October 25, 2012, the Company entered into an asset purchase agreement (“Agreement”) with Send Global Corporation, a Michigan corporation (“Send Global”), and iTeknik Holding Corporation, a Wyoming corporation and the Parent company of Send Global(“Parent,” and together with Send Global, the “Sellers,” and each a “Seller”). The Company has agreed to purchase substantially all of the assets of Send Global in exchange for: (i) $1,750,000 in cash, less the audit adjustment amount, if any, less the audit costs, (ii) twelve million shares of the Company’s common stock, and (iii) the assumption of certain of Send Global’s liabilities, (the “Purchase Price”). The Purchase Price shall be paid as follows:

·
Not later than November 22, 2012, the Company shall pay Parent a non-refundable cash payment of One Hundred Twenty-Five Thousand Dollars ($125,000), less the Audit Costs, all of which has been paid;
·
Not later than January 31, 2013, the Company shall pay Parent a non-refundable cash payment of One Hundred Twenty-Five Thousand Dollars ($125,000), all of which has been paid; and
·
on the Closing Date, the Company shall deliver to Parent (x) an amount in cash equal to the remaining Cash Payment of One Million Five Hundred Thousand Dollars ($1,500,000), less the audit adjustment amount, if any, and (y) either the additional payment of Five Hundred thousand dollars ($500,000) or the issuance of twelve million (12,000,000) shares of the Company’s common stock (“Common Stock Consideration”).

As part of the acquisition, the Company has agreed to assume certain accounts payable, deferred revenue and operational liabilities of Send Global.

[Welcome2Pinkyland]

http://www.allcom.com/ -from the 10K:


AllCom

As announced on Form 8-K filed with the SEC on December 3, 2012, on November 27, 2012, the Company entered into an asset purchase agreement (“Agreement” or “Asset Sale”) with AllCom, a Nevada corporation (“AllCom” or “Seller”). The Company has agreed to purchase all of the assets (“Purchased Assets”) of AllCom (“Acquisition”) in exchange for the issuance of that number of shares of Common Stock such that, following such issuance, the Seller shall own forty-eight percent (48%) of all the issued and outstanding shares of Common Stock of the Company as of the closing date of the Acquisition, (the “Closing Purchase Price”).

In addition to the Purchase Price, the Company has also agreed to loan (the “Loan”) to Seller an aggregate of $1,800,000 (“Loan Amount”) prior to the closing of the Acquisition. The Seller shall use the Loan Amount in order to ensure the delivery of the Purchased Assets to the Company free and clear of all liens (other than permitted liens) in accordance with the terms and conditions of the Agreement. The Loan Amount shall be paid to Seller as follows:

(i)
On or before March 31, 2013, in order to fund the Loan, the Company shall be obligated to pay to the Seller at least fifteen percent (15%) of the net proceeds actually received by the Company pursuant to the closing of any debt or equity financing; provided, however, that the Seller shall not be entitled to any amounts, in the aggregate, exceeding the Loan Amount. To date no funds have been provided to AllCom.

(ii)
If prior to the closing of the Acquisition the funded amount of the Loan is less than one million eight hundred thousand dollars ($1,800,000), then, at closing of the Acquisition, the Buyer shall pay to the Seller an amount equal to the shortfall.

The Loan shall be evidenced by a promissory note (“Note”) that shall become due and payable on the one-year anniversary date of the closing of the Acquisition. The Note shall be secured by that number of shares of Common Stock representing the Purchase Price with a value equal to the Loan Amount. For purposes hereof, the shares of Common Stock representing the Closing Purchase Price shall initially be valued at $0.25 per share. Such share value shall be reassessed every quarter following the issuance of the Note based on the thirty (30) day volume weighted average price of the Company’s common stock (“VWAP”) measured as of the end of such quarter, and the number of shares of Common Stock by which the Note is secured shall be adjusted accordingly; provided, however, that at no time shall the share value be less than $0.25 per share. The Seller will pledge as security, a maximum of seven million two hundred thousand (7,200,000) shares of the Company’s Common Stock received as part of the Purchase Price. Notwithstanding the foregoing, the number of shares will be adjusted based on the quarterly review as described above. As long as any balance on the Note remains outstanding, the Seller may not sell any shares of Common Stock representing the Closing Purchase Price to a third party without first offering such shares to the Company in accordance with the terms of the Agreement.

The Loan Amount may also be satisfied by the Seller if, on or prior to the closing of the Acquisition, the Seller (x) enters into a contract with a third party whereby it will receive a down payment and/or revenue sharing in at least an amount equal to the Loan Amount, or (y) receives a loan in the minimum amount of one million eight hundred thousand dollars ($1,800,000) from a third party, subject to such terms and conditions as agreed between the Seller and such third party (a “Third Party Loan”).

The Issuer shall be obligated to issue to the Seller as additional consideration, those shares of Common Stock of the Company set forth below (the “Earn-out Purchase Price,” and together with the Closing Purchase Price and the Loans (if any), the “Purchase Price”):

If Gross Profit equals or exceeds $2,000,000 (the “Gross Profit Target”) on or prior to the twelve (12) month anniversary of the Closing Date (the “Earn-out Measurement Date”), then, as soon as practicable following the determination that the Gross Profit Target has been exceeded (but in no event later than ten (10) days after the date of such determination), the Company shall issue to the Seller an additional eighteen percent (18%) of all the issued and


-8-



outstanding shares of Common Stock of the Company as of the Closing Date (the “Maximum Earn-out Shares”), which shall increase the Seller’s ownership of all Common Stock of the Company’s issued and outstanding shares as of the Closing Date from forty-eight percent (48%) to sixty-six percent (66%).

In the event that Gross Profit does not exceed the Gross Profit Target on or prior to the Earn-out Measurement Date, then, on the Earn-out Measurement Date, the Company shall issue to the Seller that number of shares of Common Stock which is equal to (x) the percentage of the Gross Profit as compared to the Gross Profit Target, multiplied by (y) the Maximum Earn-out Shares. For example, if the Gross Profit is equal to 90% of the Gross Profit Target, then the Seller will receive 90% of the Maximum Earn-out Shares.

For purposes hereof, “Gross Profit” shall mean the total revenue generated by the subsidiary of the Company which holds the Purchased Assets less total cost of sales as each are reflected on the income statement contained in the applicable unaudited financial statements for the applicable year. For purposes of calculating Gross Profit, in the event of any conflict between the Company’s historic practices and GAAP, GAAP shall prevail. The Company shall make a determination as to Gross Profit on a quarterly basis beginning at the end of the first quarter in which the Closing occurs and shall inform the Seller of the same in writing.

The Company will not assume any liabilities of the Seller in connection with the Acquisition.

The closing of the Acquisition is expected to occur on or before April 30, 2013, or as soon as reasonably practicable following the satisfaction or waiver of all of the conditions precedent to Closing (other than conditions with respect to actions that will take place at the Closing itself), including among other conditions as more fully set forth in the Agreement receipt by the Seller of an amount equal to the Loan Amount (whether in connection with the issuance of the Note or otherwise), the closing of the transaction contemplated by the Send Global Purchase Agreement entered into by and between the Company, Send Global and ITEKNIK on October 25, 2012 as previously reported on Form 8-K on October 31, 2012, and the Company shall have raised funds pursuant to the closing of a financing(s) providing the Company with at least $4,000,000 in proceeds, or at such other date, time and place as the Seller and the Company shall mutually agree in writing. The Auditors shall have completed the Audit of Seller and there shall be no material deviation from what is shown in the Financial Statements, which shall be solely determined by the Auditors. The cost for the Audit will be underwritten by the Company.

For a period of eighteen (18) months from the closing of the Acquisition, Seller has agreed not to sell any shares of Common Stock representing the Purchase Price, to a third party without first offering to sell such shares to the Company by delivering to the Company written notice of the proposed sale.

On March 28 th , the Company and AllCom agreed to extend the closing date from March 31, 2013 to April 30, 2013.

Business Strategy

The goal of the company will be to combine the assets of all three companies and personnel to create a financial platform and distribution network. Utilizing AllCom’s CashBox and alternative merchant processing services, the Company will offer a secure and private, payments and communications service. With the CashBox Subscribers can make and receive calls and cash payments, without ever revealing their personal telephone numbers or credit card information.

Competition

The markets for our products and technologies are developing and characterized by intense competition and rapid technological change. No assurance can be given that our competitors will not develop new or enhanced technologies that will offer superior price, performance, or features, or render our products or technologies obsolete.

Our competitiveness depends on our ability to offer high-quality products that meet our customers’ needs on a timely basis. The principal competitive factors of our products are time to market, quality, price and reliability of the product line. Many of our competitors have significant advantages over us such as far greater name recognition and financial resources than we have. At this time we do not represent a significant competitive presence in our industry.


-9-

[Welcome2Pinkyland]

10K posted last week:

http://ih.advfn.com/p.php?pid=nmona&article=57177211

[Johnny4profits]

Waiting on the late 10K with some anticipation in regards to the ITKH deal.

BUYER: http://www.ceelox.com/


What in the heck is going on with this company, what happened last year? It appears to have actually traded with value at one time! It's a dead fish now, maybe on a path to recovery. I hardly see even the value of a penny today. Worth looking perhaps, even contacting the company. I did request StockCharts to enter the symbol.

.

[Johnny4profits]

I think that goes for both companies,
market hasn't caught on yet. At least
I'm hoping that is the case. LOL
ITKH sale of Send Global Subsidiary assets; http://ih.advfn.com/p.php?pid=nmona&article=55411945

CELO

[TheDrew]

the way it came out over the wire hid it a little. i think we need to put the word out

[DDHOUND]

I agree the two acquisitions value it much higher. Market has not caught on yet.

[TheDrew]

just in the small dd I've done .03 seems very low. price valuation in news claims .25 price point.

[DDHOUND]

Watching closely. Just bought Send Global which has $12 million in annual revenue and ALLCOM which has been in business since 1991 and has significant revenue although I cant nail it down right now. Low outstanding and float. Might be a good one over next several days/weeks.

[TheDrew]

what do you think of this company?

[DDHOUND]

http://www.arizonatele.com/cgi-bin/profile.cgi?id=20

[DDHOUND]

http://www.sendglobal.com/

[DDHOUND]

http://www.allcom.com/

[SuperC]

Not knowing enough about the value of this company http://www.ceelox.com and the past ongoing relationship they had with Allcom, it simply looks like a possible play.

Someone bought .027 before EOD below the ASK. I personally have my doubts this is worth more than .06c But again the intellectual property behind CELO? I don't have a clue.

Not enough here to even speculate on my part. The 1-year chart if your curious says .06hi http://www.nasdaq.com/symbol/celo/interactive-chart?timeframe=1y&charttype=line

Thanks,

sc

[$ B.M.F.$]

About AllCom

All Communications - All Commerce - All Communities

AllCom, a Nevada corporation incorporated in 1997, set out to design and fully develop a proprietary mix of hardware and software that integrates three powerful technologies into one seamless service: Telecommunications, the world’s most universal and interactive communication medium; Electronic Banking, the key to electronic commerce; and the Internet, the world’s most powerful information medium.

AllCom developed the Universal Office, our proprietary soft switch, which integrates those three key elements on a single platform, running over GenieNet, a global private voice-over-IP network. Genie™ is the personality of the Universal Office on the phone and online.

From New York City to Seattle, from Miami to San Diego, from Houston to Minneapolis, from Boston to Salt Lake City, AllCom provides Local Service in over four thousand cities and communities, in 139 area codes reaching across 1586 Rate Centers in 29 states and Washington DC. Approximately 85% of the people in the United States can reach Genie – and YOU - with a local call.

AllCom’s unique International Public Access Network enables you and your friends, family members and business associates, to reach your PhonePlusPlus Universal Telephone Number FREE OF CHARGE, as a local call, from over 5,000 cities and communities in North America, and forty countries on five continents around the world.

The Mission
To concentrate on providing services based on added value, enhanced telecommunications, financial services, and information to businesses, professionals and consumers.
To focus on the type of services which can be dispensed through the use of telephones, the internet, VoIP, ATMs, fax machines, and wireless devices.
To concentrate in three specific fields:

Unified Communications

Electronic Banking and E-Commerce

The Internet and Information based services
To originate and/or private label all services and products to be marketed, either directly to the end users or indirectly through resellers and marketing alliances.
To develop services for the local, national and international markets made available to customers, 24 hours a day, 365 days a year through a touch-tone telephone, ATMs, VoIP, and the internet.
To structure the revenues generated in the form of residual income, transaction or monthly fees as residual income. When possible, these fees would be prepaid or collected via electronic funds transfer and other forms of automated billing.

[$ B.M.F.$]

That's the way I see it, and with a float of 4 million, the sky if the limit here.

might grab me a starter first thing in the morning

[amadeus]

is this like a reverse merger? reading this part of the filing..

"Item 1.01 Entry into a Material Definitive Agreement.

On November 27, 2012, the Company entered into an asset purchase agreement (“ Agreement ” or “ Asset Sale ”) with AllCom, a Nevada corporation (“ AllCom ” or “ Seller ”). The Company has agreed to purchase all of the assets (“ Purchased Assets ”) of AllCom (“ Acquisition ”) in exchange for the issuance of that number of shares of Common Stock such that, following such issuance, the Seller shall own forty-eight percent (48%) of all the issued and outstanding shares of Common Stock of the Company as of the closing date of the Acquisition, (the “ Closing Purchase Price ”).

In addition to the Purchase Price, the Company has also agreed to loan (the “ Loan ”) to Seller an aggregate of $1,800,000 (“ Loan Amount ”) prior to the closing of the Acquisition. The Seller shall use the Loan Amount in order to ensure the delivery of the Purchased Assets to the Company free and clear of all liens (other than permitted liens) in accordance with the terms and conditions of the Agreement. The Loan Amount shall be paid to Seller as follows:

(i) On or before March 31, 2013, in order to fund the Loan, the Company shall be obligated to pay to the Seller at least fifteen percent (15%) of the net proceeds actually received by the Company pursuant to the closing of any debt or equity financing; provided , however , that the Seller shall not be entitled to any amounts, in the aggregate, exceeding the Loan Amount.

(ii) If prior to the closing of the Acquisition the funded amount of the Loan is less than one million eight hundred thousand dollars ($1,800,000), then, at closing of the Acquisition, the Buyer shall pay to the Seller an amount equal to the shortfall.

The Loan shall be evidenced by a promissory note (“ Note ”) that shall become due and payable on the one-year anniversary date of the closing of the Acquisition. The Note shall be secured by that number of shares of Common Stock representing the Purchase Price with a value equal to the Loan Amount. For purposes hereof, the shares of Common Stock representing the Closing Purchase Price shall initially be valued at $0.25 per share. Such share value shall be reassessed every quarter following the issuance of the Note based on the thirty (30) day volume weighted average price of the Company’s common stock (“ VWAP ”) measured as of the end of such quarter, and the number of shares of Common Stock by which the Note is secured shall be adjusted accordingly; provided , however , that at no time shall the share value be less than $0.25 per share. The Seller will pledge as security, a maximum of seven million two hundred thousand (7,200,000) shares of the Company’s Common Stock received as part of the Purchase Price...."

[Strong99]

Done :)

Your symbol request for [CELO] has been submitted to the StockCharts.com Support team. We will email you once it has been added to StockCharts.com.

[SuperC]

CELO .027

[SuperC]

CELO .02 8k just out http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8945911

[stocktrader001]

request to add CELO to the stockcharts.com directory.

http://stockcharts.com/help/doku.php?id=support:feedback:symbol_request

[stocktrader001]

nice work and glad to hear from you, too! let me know where you up to and make sure to check out my trading blog for the recent updates. hope to hear from you soon.

best wishes

;)

[xr_biotech_consult]

Hey! Schön vo dir z`läse! Mir gohts guet, ha endi Juli (mini Bau-Bude au) zöglet..voll im seich gsi. Jetzt ruhigets chli. Ha ebe au no so unglaublich viel Arbeit gha. Heute glaub der 2ti Samstig frei sit em juni....
Joa und börse, naja geit so halt mi über wasser zur Ziit me verlust als gwinn. isch ebe au wenni so wenig ziit ha, bini oft in entscheidende Momente nit ume gsi. ja weisch ja selber , isch mängisch schwierig so highrisk aktie z trade wenn me nit immer ume isch. Aber i ha no puder und ha wieder chli meh ziit! yea.
Wie gohts bi Dir im läbe u ade börse?
Findi voll cool dass mr gschriebe hesch!
Gruess u hoffentli bis gli wieder.

[xr_biotech_consult]

Hey! Schön vo dir z`läse! Mir gohts guet, ha endi Juli (mini Bau-Bude au) zöglet..voll im seich gsi. Jetzt ruhigets chli. Ha ebe au no so unglaublich viel Arbeit gha. Heute glaub der 2ti Samstig frei sit em juni....
Joa und börse, naja geit so halt mi über wasser zur Ziit me verlust als gwinn. isch ebe au wenni so wenig ziit ha, bini oft in entscheidende Momente nit ume gsi. ja weisch ja selber , isch mängisch schwierig so highrisk aktie z trade wenn me nit immer ume isch. Aber i ha no puder und ha wieder chli meh ziit! yea.
Wie gohts bi Dir im läbe u ade börse?
Findi voll cool dass mr gschriebe hesch!
Gruess u hoffentli bis gli wieder.

[stocktrader001]

du meldisch di so selte und so.. nöd das i wör stalke aber han wiedermal gucket. wär cool went magsch und i wör mi freue. lg

[wormwood]

Check out news on ITKH will be owned by CELO.

[xr_biotech_consult]

goo