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Metrospaces Inc. (MSPC)

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Contact Info
  • 888 Brickell Key Dr.
    Unit 1102
    Miami, FL 33131
     
 
 
Aug 1, 2013 Metrospaces, Inc. Emerges as Fully Reporting Publicly Traded OTCQB Company

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BUYER BEWARE
Rather than become SEC Current & Compliant, MSPC Announces it will "Go Dark" allowing them to avoid SEC scrutiny, and become "Alternate Filing".

"...we have made the decision to become alternative reporting under the OTC Market rules as soon as possible.  ..."

Due Diligence Links:

MSPC has a $1,037,238 3(a)10 settlement with CF3 Enterprises LLC.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139148668

1,497,763,019 shares were added to the float and not a penny of debt was paid off.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139149249

increase of 1,497,763,019 shares to the float between October 20, 2017 and February 23, 2018
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139149502

MSPC has an illegal kickback arrangement in place with Etelix.com USA LLC. :
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139169261

Mar 9, 2018 MSPC Announces reneging on agreement. Essentially:

"We are not going to honor an agreement with a toxic funder "   (What could possibly go wrong....?)

March 12, 2018 
Etelix Twitter Video.
Jabbers about past jobs. No News, Details, Finance or anything of substance provided


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iBox updates: Start date for this section, May 28, 2018.

(For your convenience and to ease browsing, all links in this section will open in a new window.)




Welcome to Metrospaces Inc!


The company engages in real estate new investment as well as investment in operating companies with a strong real estate component. Currently, Metrospaces owns a 51% stake in Etelix, a Miami-based data hosting service provider. Additionally, the company is sourcing new construction projects in luxury residential and hotels in the US.


OTC PINK: MSPC






https://www.otcmarkets.com/stock/MSPC/profile

https://www.otcmarkets.com/stock/MSPC/security

https://www.otcmarkets.com/stock/MSPC/news

https://www.otcmarkets.com/stock/MSPC/disclosure



****NEWS****


Metrospaces Announces Etelix Breaks $1,000,000 in Monthly Revenue for the First Time

in April 2018 With $1,112,303

June 19, 2018


https://www.otcmarkets.com/stock/MSPC/news/Metrospaces-Announces-Etelix-Breaks-1000000-in-Monthly-Revenue-for-the-First-Time-in-April-2018-With-1112303?id=195813

 

NEW YORK, NY, June 19, 2018 (GLOBE NEWSWIRE) -- Metrospaces, Inc. (OTC: MSPC) announces that Etelix had best monthly revenue ever in April 2018 with $1,112,303.

Mr. Silva stated: “Management team at Etelix continues to under promise and over deliver.  Our revenue forecast set up in December of 2017 had the company reaching the $1 million monthly revenue marks sometime in July-August of 2018.  We achieved that mark a full 3 months ahead of schedule and have been growing revenue in 2018 at over 10% month-over-month, surpassing even our own best-case scenarios.  Our meetings at the ITW conference and the interconnection agreements executed Q1 of 2018 are now starting to come into full effect.  Additionally, we see this growth gathering steam as just last week we executed 9 new agreements for a total of 16 agreements that have been achieved from the ITW conference in May of 2018, while still have at least another 6-9 agreements in different stages of negotiations.”



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Metrospaces Issues Shareholder Letter

June 1, 2018



https://www.otcmarkets.com/stock/MSPC/news/Metrospaces-Issues-Shareholder-Letter?id=194274
 

NEW YORK, NY, June 01, 2018 (GLOBE NEWSWIRE) -- Metrospaces, Inc. (OTC PINK: MSPC) today issued a letter to shareholders addressing concerns regarding financial statements and disclosures.

LETTER TO OUR SHAREHOLDERS

To Metrospaces Inc. Shareholders:

Management is well aware of the acute concern shareholders have had regarding our delay in finalizing our Pink Current guidelines and reaching “Pink Current Status” on the OTC Marketplace.  We realize that this concern has been an ongoing situation for few months, raising doubts on management’s ability to properly run a publicly traded company and keeping its shareholders and market informed in a timely manner on the company’s financial and legal status.  

On this matter, we would like to assure our patient shareholders that management is working at full capacity to finalize the guidelines and is just as concerned as our shareholders regarding this delay.  The break-need growth rate Etelix has experienced since our acquisition has surpassed all our expectations, and has taken us by surprised, and frankly “flat-footed”.  We simply did not have the capital and human resources in place to handle this sort of real-business growth and still be able to handle our previous day-to-day operation.  We basically went from a near “stand-still” in our growth and business execution to a rocket-like spur that has left us all scrambling just to catch up.  

Etelix’s growth has basically monopolized our capital and human resources to a point of completely starving the rest of the company’s responsibilities and operations.  Frankly, we are still catching up.  However, we can assure our shareholders that management is working overtime to finally finish the requirements in the guideline.  We are hesitant to give shareholders any time frame due to us failing to meet past guidance on time lines and dates.  But, we will again stress that this is currently our absolute top priority and that management is breaking at the seams to get it finalized as soon as possible.

On a more positive note, we would like to continue to reaffirm our shareholders that our fundamental business is getting stronger every day, and that we could not be more satisfied about our current financial performance.  Although, we still have a lot of work to do, we are already hitting revenue marks that we set for late summer of 2018.

On a final note, we would like to thank our shareholders for the special patience they have shown us.  We are confident that they see the long-term potential we are all so hard working for will be realized.  We are confident that we will continue to hit our mark in the fundamental business and that these growing pains will soon be a thing of the past, and in hind-sight will be looked at as a tremendous investment opportunity in our company.  We look forward to continuing to work for our shareholder’s and management’s mid- and long-term vision and again, THANK YOU FOR YOUR SUPPORT.



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Metrospaces Names Italo Segnini as Independent Board Member to Etelix's Board of Directors

May 3, 2018



https://www.otcmarkets.com/stock/MSPC/news/story?e&id=1071824

 

NEW YORK, NY, May 03, 2018 (GLOBE NEWSWIRE) -- Metrospaces, Inc. (OTC: MSPC) incorporates 26-year Telco Sr. Management Vet Italo Segnini to lead Etelix to next level.

Mr. Silva stated: “Italo is a high-caliber 26-year telco veteran having held senior management positions at Movistar, Televisa Telecom, and Millicom.  Italo’s unique experience in leading revenue growth at such world-class companies will lead our revenue growth to the next stage, as well as allow us to set the stage for growth via acquisitions.  We expect Italo to help Etelix in its continuing transformation into a world-class international telco company.  Italo will be key in continuing to sign on Tier-1 telco companies, as well as the sourcing of potential acquisition targets.  In a very short time, Italo’s industry experience and relationships are starting to come into effect, already bringing in several potential clients that in advanced conversations, as well as having made 2 introductions to potential acquisition targets.  We are very proud to have Italo on our Board and certainly expect big things from him.”

Italo Segnini LinkedIn Profile: https://www.linkedin.com/in/italo-segnini-75068310


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Metrospaces Announces Etelix March 2018 Revenue of $837,195 for Record Company Month


April 25, 2018


https://www.otcmarkets.com/stock/MSPC/news/story?e&id=1062407


 

NEW YORK, NY, April 25, 2018 (GLOBE NEWSWIRE) -- Metrospaces, Inc. (OTC: MSPC) announces another record revenue month in March 2018 for Etelix. 

Mr. Silva stated: “Our fundamentals continue to be very strong, our growth continues strong and Etelix management continues to hit record revenue numbers.  Management’s budget revenue for April 2018 was $778,906; however, the company did 7% higher revenue than our forecast, representing a year-over-year growth of 14%.  The recently executed deals with Vodafone India and other such agreements are now starting to hit their stride and are really making a difference in our growth forecast.  With this March revenue number, we are currently approximately 2% above our first quarter revenue forecast for 2018 and growth rate is picking up.  Total first-quarter revenue for 2018 was $2,204,827 in comparison to $1,959,113 in 2017.    Additionally, we take this opportunity to notify our shareholders that last Friday, April 20th, 2018 we received a formal email from OTC Markets regarding missing items and a need to reformat some of our financial statements.  Actual financial statements were not brought to question, only some of our formatting.  We expect to revert to OTC Markets their request in the next 2-3 days and are looking forward to receiving “Current Information” status shortly thereafter.”


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Metrospaces Announces Filing of Financial Statements and Disclosures for 2016 and 2017 on OTC Markets

March 29, 2018


https://www.otcmarkets.com/stock/MSPC/news/Metrospaces-Announces-Filing-of-Financial-Statements-and-Disclosures-for-2016-and-2017-on-OTC-Markets?id=187594
 

NEW YORK, NY, March 29, 2018 (GLOBE NEWSWIRE) -- Metrospaces, Inc. (OTC: MSPC) announces that the Company has filed all necessary financial statement and disclosures filings with the OTC Markets.

Mr. Brito, Metrospaces CFO, stated: “We have now filed all our due financial statements and disclosures with the OTC Markets for 2016 and 2017.  This would bring our financial disclosures to current status.  We still need to file a legal opinion letter which will be provided by Waller Law in the next day or so.  With this letter of opinion, we complete all requirements by OTC Markets to gain “Current Information” status and thus have the “Stop” sign removed from our ticker symbol on the OTC Markets.  With this new status on the OTC Markets, the Company will gain a bigger audience and target for future potential shareholders that were previously unable to invest in our common stock through certain broker-dealers due to our ‘No Information’ status.  Additionally, we announce that we have converted all aged notes that were up for conversion into common stock, and that the rest of  the aged and other notes will be redeemed in cash.  The last conversions happened Monday, March 27, 2018.”



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Metrospaces Announces Delay of Filing of Financial Statements Until Next Wednesday, March 28th 2018

March 23, 2018



https://www.otcmarkets.com/stock/MSPC/news/Metrospaces-Announces-Delay-of-Filing-of-Financial-Statements-Until-Next-Wednesday-March-28th-2018?id=187048

 

NEW YORK, NY, March 23, 2018 (GLOBE NEWSWIRE) -- Metrospaces, Inc. (OTC: MSPC) announces delays in their financial statement filings with the OTC Markets.

Mr. Brito, Metrospaces CFO, stated: “It bears us great disappointment to not have met the established deadline of March 22nd, 2018 to file our financial statement on the OTC Markets.  To be perfectly frank with our shareholders, there was a lot of work and detail needed from different sources that was not made available to us in time to meet the deadline.  Switching of transfer agent and the termination of our corporate counsel and hiring of new counsel was a big cause in the delay.  The firing of our long-time corporate legal counsel made a big difference in the flow of timely information.  As a side note, Mr. Barry Miller, Esq. was terminated on March 13, 2018 due to his advice and role in the structuring of the 3(a)10 with CF3.  I forward our shareholders, however, that all financials and disclosure will come in line with expectation and all the press releases and 8K’s filed regarding our business, terminated 3(a) 10 transaction and acquisition of Etelix, including audited financial statements presented in the February 20th, 2018 8K.”


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Etelix Announces Execution of Vodafone India Deal and 2018 Record February Revenue of $726,365


March 16, 2018



https://www.otcmarkets.com/stock/MSPC/news/story?e&id=1032173


 

NEW YORK, NY, March 16, 2018 (GLOBE NEWSWIRE) -- Metrospaces, Inc. (OTC: MSPC) announces that Etelix increased February revenue by 13% over January.

Mr. Leandro Iglesias, Etelix CEO, stated: “Our business plan continues in frank execution with continued and notable revenue growth not just year-over-year but also month-over-month.  Continued reinvestment from operation has been key in growing revenue and this is a trend that must continue in order to meet our mid-year estimates or $1 million in monthly revenue.  February 2018 revenue closed at $726,365 in comparison to $644,147 in 2017.  This represents an increase of approximately 13% year-over-year and an increase of also 13% month-over-month.  Additionally, we signed Vodafone India into our carrier VoIP exchange business, setting the first step of a potentially multi-service relationship. Vodafone India has over 211 million retail subscribers interconnected to Etelix’s international VoIP exchange and value-added services.  I will congratulate the rest of our management team for a great job as the company continues to meet its short, mid and long-term revenue and profit growth.  The company foresees continue reinvestment of operating profits to continue to grow the business, as the company will continue to generate more revenue opportunities that it is able to finance with cash flow.”



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March 9, 2018:  Metrospaces Announces That it Will Not Honor Notice of Conversion for 3(a)10 Due to Potential Fraud Against the Company

March 8, 2018:  Metrospaces Issues March 2018 Shareholder Letter

March 5, 2018:  Metrospaces Announces Cancellation of 1.6 Billion of Common Shares

February 27, 2018:  Metrospaces Announces the Engagement of Specialized Legal Firm to Seek Unwinding of 3(A)10 Transaction


 

About Etelix.com USA, LLC

Etelix.com USA (http://www.etelix.com/) is a Miami-based, FCC-licensed voice, SMS and data/hosting operator. The company’s main products and services are international voice wholesale, data and hosting services as well as residential and commercial triple-play provider.  The company was founded in 2007 and has been profitable since inception. 

About Metrospaces

Metrospaces www.metrospaces.net  is a publicly traded real estate investment and Development Company which acquires land, designs builds, and develops then resells condominiums and Luxury High-End Hotels, principally in urban areas of Latin America. The company’s current projects are located in Buenos Aires, Argentina, and Miami, USA.   It is operated by an elite group of real estate and investment professionals and entrepreneurs located in New York City, Miami, and Buenos Aires. Company shareholders have extensive careers in real estate and business financing worldwide and have funded projects both in the America’s and across Europe valued in excess of US $550Million.

Metrospaces’ majority shareholders have partnered with Investors on Elite properties including The London  BLVGARI 5 Star Hotel and is currently involved in negotiations for the development of several Elite luxury properties in South America.

Among Metrospace partners are Architects, Real Estate Developers, Agents and Attorneys of the highest standing, with extensive experience in the global property market.

Metrospaces was originally founded by company President Oscar Brito.


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Etelix Clients



 

Global Operations 

 


 
Since the start of 2018, Metrospaces (MSPC) has emerged as a significant revenue producer via their controlling interest in Etelix with press releases and shareholder updates that are VITAL to better understanding what’s going on here with this Company.  


https://www.metrospaces.com/
 
https://twitter.com/metrospaces
 
http://www.etelix.com/

https://twitter.com/Etelix
 
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MSPC News: CGUD - Acquisition Candidate For Blockchain Companies 04/23/2018 09:45:13 AM
MSPC News: American Premium Water Corp. (HIPH) Distribution in GNC - General Nutrition Center 03/22/2018 06:52:42 AM
MSPC News: Metrospaces Announces That it Will Not Honor Notice of Conversion for 3(a)10 Due to Potential Fraud Against the Company 03/09/2018 07:31:42 AM
MSPC News: Termination of Registration of a Class of Security Under Section 12(b) (15-12b) 03/09/2018 06:11:21 AM
MSPC News: Metrospaces Issues March 2018 Shareholder Letter 03/08/2018 08:39:59 AM
PlusOneCoin Top Posts
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PostSubject
#42387   This is 100% true! ScottAllen 08/15/18 02:50:20 PM
#41138  Sticky Note Metrospaces Announces a One-Time Dividend to Shareholders of Razlin 07/12/18 09:25:43 AM
#40799  Sticky Note MUST READ MSPC creates shareholder value with Etelix.com Stonemonsta 07/05/18 02:50:05 PM
#39239  Sticky Note SUPER validation for $MSPC- its official- PINK CURRENT! DD_dempsey 06/14/18 02:02:45 AM
#25412  Sticky Note Here’s valuable DD on why incredible interest in $MSPC DD_dempsey 03/09/18 04:29:46 AM
#24830  Sticky Note BOARD WARNING - ALL: This board is to IH Admin [Meghan] 03/08/18 05:21:57 PM
#42385   I thought Mspc went dark...? iwin2 08/15/18 02:31:40 PM
#42381   Chas how can you be so optimistic when Trader9999 08/15/18 11:54:11 AM
#42380   Report July when ready ? Wtf you talking Trader9999 08/15/18 11:47:29 AM
#42379   was hoping for news today Razlin 08/15/18 10:54:24 AM
#42378   Second quarter 10Q is due Stonemonsta 08/15/18 09:21:48 AM
#42377   gm all raise your ask you are giving away maronti1 08/15/18 09:15:45 AM
#42376   They reported June... July will be reported when chas1 08/15/18 09:03:33 AM
#42375   It was just a info. reminder iwin2 08/15/18 09:02:09 AM
#42374   Earnings my man? Today is 45 days Trader9999 08/15/18 08:19:32 AM
#42373   Really? We've been ghosted by Brito for weeks Nichopm 08/15/18 08:11:30 AM
#42372   When there is something to report I am chas1 08/15/18 08:08:29 AM
#42371   Really thought we would see news this morning. Trader9999 08/15/18 07:59:15 AM
#42370   Yeh... and critics do the same thing to chas1 08/15/18 07:39:51 AM
#42369   http://boards.fool.com/stock-pumpers-guide-to-the-galaxy-17874522.aspx?sort=post Trader9999 08/15/18 06:14:05 AM
#42368   Old news... they are working on all these chas1 08/15/18 04:41:53 AM
#42367   Quote (parentheses are mine) Mr. Brito stated: “The public iwin2 08/15/18 12:09:14 AM
#42366   The stock divy is for MSPC stock holders... chas1 08/14/18 09:15:22 PM
#42365   we still waiting to hear about maronti1 08/14/18 08:12:29 PM
#42364   Hi. Sorry if this was covered. But Shepo69 08/14/18 07:47:36 PM
#42363   The available shares were reduced from 2 billion chas1 08/14/18 07:39:52 PM
#42362   what financial book are you reading? maronti1 08/14/18 07:25:06 PM
#42361   Ya, but yesterday it was in the $2s. mdb1 08/14/18 07:04:15 PM
#42360   Do not get your undies in a bundle... chas1 08/14/18 03:37:07 PM
#42359   PSNX is now trading at 3.87! truesight 08/14/18 02:31:16 PM
#42358   How long since we’ve heard a word from Nichopm 08/14/18 01:51:34 PM
#42357   Still a lot of trades below the ask... chas1 08/14/18 12:37:46 PM
#42356   Alvaro Quintana our PURESNAX CFO just informed the Amason 08/14/18 11:59:37 AM
#42355   My thoughts... when PSNX has completed their name chas1 08/14/18 10:10:53 AM
#42352   .0003 can we get higher? Hmm we wil nielsL 08/14/18 09:59:17 AM
#42351   Ha-nope-you know me-Im as patient as they get DD_dempsey 08/14/18 09:10:52 AM
#42350   Realestate maybe... MJ is way over played everyone chas1 08/14/18 09:09:12 AM
#42349   DD, I thought you had given up and Nichopm 08/14/18 09:00:05 AM
#42348   Heck-Im thinking MJ/real estate $MSPC DD_dempsey 08/14/18 08:07:47 AM
#42347   Lots of opportunities... I thinking they will looking chas1 08/14/18 07:51:39 AM
#42346   As well- $MSPC- will look to add new DD_dempsey 08/14/18 07:01:00 AM
#42345   PSNX will report the revenues and the value chas1 08/14/18 06:19:48 AM
#42344   MSPC will show the PSNX shares at current chas1 08/14/18 06:17:47 AM
#42343   Financials Trader9999 08/13/18 09:06:23 PM
#42342   i know but can they show the revenues on maronti1 08/13/18 07:52:23 PM
#42341   ARE YOU KIDDING?! Metrospaces owns 41% OF Etelix! Posiden 08/13/18 07:50:59 PM
#42340   Amen man. Silva And Brito are either completely Nichopm 08/13/18 07:50:28 PM
#42339   not now most of the revenues comes from Etelix now maronti1 08/13/18 07:49:27 PM
#42338   anytime this week maronti1 08/13/18 07:45:10 PM
#42336   When are the quarterly financials due? TIA $$$MSPC$$$ davemc 08/13/18 07:43:56 PM
#42335   looks like they are getting their act together they maronti1 08/13/18 06:57:07 PM
#42334   If it’s anything like their past financials, this maximumgriff 08/13/18 06:53:46 PM
#42333   financials and updates should be coming looking for good news maronti1 08/13/18 06:51:00 PM
#42332   I’ll go out on a limb and say, NO maximumgriff 08/13/18 05:56:48 PM
#42331   Why do you say that? Posiden 08/13/18 05:40:04 PM
PostSubject