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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

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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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PostSubject
#28934  Sticky Note Revival is good news explained GoAndCollect 09/03/18 07:58:20 AM
#28895  Sticky Note $FLTT Revived! https://www.nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=F7r IncisiveTrader 08/31/18 01:04:45 PM
#28858  Sticky Note 8-28 chart >>>>>>>>>>>>> RAND 08/28/18 04:50:51 PM
#28499  Sticky Note WOW! Custodianship GRANTED 2 weeks EARLY!? I've OnceBrokeMama 08/15/18 10:30:51 AM
#29154   Nice,can't wait to get away from this board!!! BoatnJets 09/21/18 03:46:39 PM
#29153   Paul Moody's other Custodianship just had a Merge OnceBrokeMama 09/21/18 03:00:04 PM
#29151   Does the 11111 trade after the MANIPULATED .0008 DudeWheresMyFLTT 09/21/18 01:30:16 PM
#29150   Could it be all Vincent Browne companies are HALTED? DudeWheresMyFLTT 09/21/18 12:16:02 PM
#29149   If someone puts .0009's on the ask I'll DudeWheresMyFLTT 09/21/18 10:53:28 AM
#29148   FLTT$ CHECK THIS LINK FIRST: otce.finra.org/TradeHaltsCurrent BoatnJets 09/21/18 10:30:18 AM
#29147   FLTT$$ DON'T LOSE MONEY TO THIS PRICE MANIPULATION!!! BoatnJets 09/21/18 10:29:21 AM
#29146   NEWBIES...IF A TICKER IS HALTED,U CAN'T SELL!!!!NO_HALT_HERE!!!! BoatnJets 09/21/18 10:25:55 AM
#29145   Looks HALTED to me? I'll call the DudeWheresMyFLTT 09/21/18 10:08:33 AM
#29144   NO HALT!! otce.finra.org/TradeHaltsCurrent NO HALT!!! FLTT$ BoatnJets 09/21/18 10:04:27 AM
#29143   Lets get some more .0009's on the ask DudeWheresMyFLTT 09/21/18 09:42:39 AM
#29142   Picked up another 1,000,000 at .0009! DudeWheresMyFLTT 09/20/18 02:54:35 PM
#29140   More Market Maker MANIPILATION .0008 trade IMO. DudeWheresMyFLTT 09/20/18 01:35:14 PM
#29139   Soon the FLTT .0011's will be history. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ DudeWheresMyFLTT 09/20/18 11:48:57 AM
#29138   Vincent Browne ITKH connection. DudeWheresMyFLTT 09/20/18 11:45:36 AM
#29137   Also Vincent Browne's FLTT may have ties with DudeWheresMyFLTT 09/20/18 11:33:55 AM
#29136   I think FLTT and WCOR may be connected. DudeWheresMyFLTT 09/20/18 11:27:57 AM
#29135   Great news! FINRA still shows no HALT DudeWheresMyFLTT 09/20/18 11:12:11 AM
#29134   Only for delinquent filers FLTT is not delinquent Penstock3333 09/20/18 11:10:44 AM
#29133   Don't worry FINRA says FLTT isn't HALTED! DudeWheresMyFLTT 09/20/18 10:12:56 AM
#29132   There surely will be a big run once PBGoodwill 09/19/18 10:36:10 PM
#29131   We probably shouldn’t play any otc stocks bhonda 09/19/18 10:35:12 PM
#29130   no you have until it gets current. PBGoodwill 09/19/18 10:32:11 PM
#29129   Especially for non sec filers right? bhonda 09/19/18 10:29:43 PM
#29128   Huge potential here. Just huge RAND 09/19/18 09:44:47 PM
#29127   Risk of suspension is too big. SEC is PBGoodwill 09/19/18 09:05:32 PM
#29126   Thursdays always seem to be good days for DudeWheresMyFLTT 09/19/18 02:00:56 PM
#29125   Anything new here? Rainer 09/19/18 12:52:36 PM
#29124   FLTT$Agree!! And this stupid flipper,is killing the run!! BoatnJets 09/19/18 12:15:16 PM
#29123   Yes STUPID we know it's not HALTED but DudeWheresMyFLTT 09/19/18 12:13:23 PM
#29122   The spamming of this ticker being halted is Pandemonium75 09/19/18 12:11:47 PM
#29121   I don't think anyone here was STUPID enough DudeWheresMyFLTT 09/19/18 12:10:57 PM
#29120   Who sold at .0008? LOSER!!!!!!! LOL! DudeWheresMyFLTT 09/19/18 11:55:50 AM
#29119   Sorry, but FLTT sure looked to be HALTED DudeWheresMyFLTT 09/19/18 11:51:45 AM
#29118   Will you STFU with the halting be? deafcone 09/19/18 11:11:09 AM
#29117   Dude, u better hope it's not halted how sp4202 09/19/18 10:13:49 AM
#29116   Good news, FLTT isn't HALTED! DudeWheresMyFLTT 09/19/18 10:10:42 AM
#29115   otce.finra.org/TradeHaltsCurrent BoatnJets 09/19/18 10:10:19 AM
#29114   Is FLTT HALTED today? Market is open DudeWheresMyFLTT 09/19/18 09:32:35 AM
#29113   Wow big spender! You'll save $100.00 on DudeWheresMyFLTT 09/18/18 03:32:37 PM
#29112   Quote Hey LOSERS trying to buy at .0008 BoatnJets 09/18/18 03:06:44 PM
#29111   Hey LOSERS trying to buy at .0008. DudeWheresMyFLTT 09/18/18 02:08:02 PM
#29110   Picked up another million at .001. Why DudeWheresMyFLTT 09/18/18 01:54:19 PM
#29109   What do you mean by scare tactics? DudeWheresMyFLTT 09/18/18 11:52:24 AM
#29108   FLTT$Scare tactics not working...low volume, strong hands!! BoatnJets 09/18/18 11:47:11 AM
#29107   What will Vincent do with his 125,000,000 .0008's? DudeWheresMyFLTT 09/18/18 11:37:03 AM
#29106   If FLTT gets MERGER news will it be HALTED? DudeWheresMyFLTT 09/18/18 11:14:32 AM
#29105   I thought FLTT was HALTED! But then DudeWheresMyFLTT 09/18/18 10:05:01 AM
#29103   I call it the Vincent ATM! DudeWheresMyFLTT 09/17/18 03:02:38 PM
#29101   My last Vincent Browne company World Assurance Group DudeWheresMyFLTT 09/17/18 02:30:44 PM
PostSubject