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TLPH is getting NOTICED ,coming days are going to see further action and new Highs
Mr. Lawry Trevor-Deutsch has been Chief Executive Officer, President and Chief Financial Officer of Teliphone Corp. since October 19, 2010 and serves as its Principal Accounting Officer. Mr. Trevor-Deutsch Founded Strathmere Associates International Ltd. in 1991 and serves as its President. Mr. Trevor-Deutsch is a regular consultant to the World Bank in the area of project feasibility and implementation. From March 14, 2008 to May 2008, he served as the President, Chief Executive Officer, Chief Financial Officer, and Chairman of United American Corporation (known as American United Corporation). From 1983 to 1991, he was a consultant with Robertson Nickerson Limited, Consulting Engineers in Ottawa, Ontario Canada where he specialized in economic development projects over a wide variety of industry sectors. He is frequently an invited speaker to conferences, colleges and international delegations and maintains Secret-level security clearance with the Canadian Government. He has considerable international experience, having worked in Europe, Africa, Taiwan and the Caribbean. Mr. Trevor-Deutsch is a business development consultant with 17 years of experience, specializing in strategic planning, technology development and government relations. He is associated with consulting firms across Canada and has served on the Boards of Directors of a number of professional and not-for-profit associations. He manages the Bayer Advisor Council on Bioethics for Bayer Canada Inc. Mr. Trevor-Deutsch has been a Director of International Hi Tech Industries Inc. since May 28, 1999. He has been a Director of Teliphone Corp. since August 23, 2010. He served as an Independent Director of Compass Gold Corporation. From March 14, 2008 to May 2008, Mr. Trevor-Deutsch served as a Director of United American Corporation. Mr. Trevor-Deutschearned his Bachelor of Science, with honors, and Masters of Science from Carleton University in Ottawa Canada and a joint Master of Business Administration from McGill University in Montreal and the Manchester Business School of the University of Manchester.
wow bid support just shot up through the roof!!
bids are coming~
people get home read the news and say...I need to buy....so tomorrow we see a spike in volume. which makes the stock go up.....which makes early entries money! Money makes the world go around
today is a low volume day in the pennies so far but TLPH won't go unnoticed
will get on fire very soon this week
the stock market as with animals are the same..... the few brave ones walk up to eat first when they smell food...the ones who are afraid get the leftovers
0.12 is now the value of TLPH with this acquisition !!!NO BRAINER
I agree.......took a position here and will add to it when I see more volume. is a no brainer from here..easy money
TLPH is setting for a BIG RUN on this NEWS ,still Unnoticed~
request it as well
watching level 2 is funny here. When it upticks.....the bids uptick behind it.....everyone is afraid to buy ......until someone else does....after the buy goes through....bid gets raised....happened several times allready.
Looking at the chart here is a no brainer.....every indicator is showing a buy. Cant post a chart here because stock charts doesnt have it on file. I sent a request to stock charts to update their file on this
with this low float.....wont take very much volume to see 50% gain from here
indeed. Would need some more volume to push toward .04
They filed a 15-12G so they would NOT have to file.......then bought NYTEX "supposedly" after the filing, but 2 months AFTER they changed the name of UAMA in FL......wtfreak?
As far as NYTEX. NYTEX is basically an exchange where cell phone minutes are traded like a commodity (like oil or gold). The more minutes traded and the higher the price per minute the more revenues are generated for NYTEX/TLPH (minutes traded x price per minute). The price per minute varies per country. The link below is where you can find the number of minutes traded per 24 hour period and the price. If you click on "Operators" it lists all of the telephone group operators which have signed on to NYTEX as well.
http://www.nytexus.com/index3.html
Here is a list of the Telecom Group Operators on the NYTEX
• América Móvil
• Asia Cell, Ltd
• Atlantique Telecom
• Bahamas Telecommunications Corporation (BTC)
• Batelco
• Batelco Jordan
• Benin Telecom
• Comium
• Cote d'Ivoire Telecom
• Digicel Group
• Etisalat
• France Telecom
• Gamtel
• Globacom Ltd.
• Groupe Algérie Télécom
• Guyana Telephone & Telegraph Co. (GT&T)
• Home of Integrated Technology and Systems (HITS)
• Maroc Telecom
• Millicom International Cellular/TIGO
• MOOV
• MTN Group
• Onatel
• Orange
• Orascom Telecom
• Other
• Qatar Telecom (Qtel)
• Rep. of Lebanon (gov)
• Société des Télécommunications de Guinée
• Sotelma
• Tecom
• Telecom Egypt
• Telefonica
• Telgua
• TOGO Cellulaire
• Tunisie Telecom
• Vodafone
• Wana
• Wataniya Telecom
• Yemen?s Public Telecommunication Corporation (PTC)
• Zain Group (MTC)
Exactly how I see this. Why wouldnt the CEO have 27 mil shares of his own company......they are restricted shares.....he cant sell them from my understanding
I am not an expert in that area. But as far as merging NYTEX into UAMA. I think the process became more difficult and frustrating then they had envisioned. They apparently were going back and forth with FINRA over information requirements, the name change, and also had 3 years of filings to get up to date with the UAMA shell. I know this because I owned UAMA over the summer. So perhaps they felt it was just easier for TLPH to purchase the NYTEX assets.
right but what would they need to file in order to become more transparent. Can't hurt to them to perhaps do so?
Yes, they don't have to report, which is my point.
After they filed the 15-12G, they released UAMA PR's saying they would update and that NYTEX was da BOMB ~ MONEY MAKER ~ well received ~ bigger than they thought ~ etc.
So why didn't the CEO, with all those shares, update NYTEX (UAMA) as he said he would? His net worth would increase dramatically.
They keep flipping assets from one public company to another, while his stock count increases.
I don't know if he is speaking w/shareholders from UAMA, which is also NYTEX registered in FL, but the NYTEX from NY was the one that is being bought per TLPH's 8K filed yesterday.
Clear as MUD, right?
by design, imho
15-12g means they don't have to file right? So can't they do something that would let them start reporting?
From the NYTEX board.....sort of
Now remember NYTEX (UAMA) is not reporting, but the CEO is supposedly talking with shareholders. (See Rule 10b)
Here is a post from a poster on the UAMA board who just talked to the CEO.
Chelski
Wednesday, January 11, 2012 10:52:51 AM
Re: SmallCapsMarket post# 1441
Post #1443 of 1444
Just got off the phone with Trevor. In his words the NY and FL company are essentally the same? The form 4 filed was from Jan of 11 when NYTEX merged with UAMA and 54 mil share were issued(27 mil were his and the rest were Laliberte)and still restricted shares.UAMA now owns 20 mil shares in TLPH (went from 40 mil OS to about 60 mil OS)SO 1/3 of TLPH. All NYTEX revenues will be from now on shown in quaterlis of TLPH.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70759154
Here is a list of the Telecom Group Operators on the NYTEX
• América Móvil
• Asia Cell, Ltd
• Atlantique Telecom
• Bahamas Telecommunications Corporation (BTC)
• Batelco
• Batelco Jordan
• Benin Telecom
• Comium
• Cote d'Ivoire Telecom
• Digicel Group
• Etisalat
• France Telecom
• Gamtel
• Globacom Ltd.
• Groupe Algérie Télécom
• Guyana Telephone & Telegraph Co. (GT&T)
• Home of Integrated Technology and Systems (HITS)
• Maroc Telecom
• Millicom International Cellular/TIGO
• MOOV
• MTN Group
• Onatel
• Orange
• Orascom Telecom
• Other
• Qatar Telecom (Qtel)
• Rep. of Lebanon (gov)
• Société des Télécommunications de Guinée
• Sotelma
• Tecom
• Telecom Egypt
• Telefonica
• Telgua
• TOGO Cellulaire
• Tunisie Telecom
• Vodafone
• Wana
• Wataniya Telecom
• Yemen?s Public Telecommunication Corporation (PTC)
• Zain Group (MTC)
NYTEX is incorporated in 2 states......
http://appext9.dos.ny.gov/corp_public/CORPSEARCH.ENTITY_INFORMATION?p_nameid=3741517&p_corpid=3736020&p_entity_name=New%20York%20Telecom%20Exchange%20Inc%2E&p_name_type=%25&p_search_type=CONTAINS&p_srch_results_page=0
and the shareholders of UAMA were thrilled when there was a name change last year......OF COURSE IT WAS ANNOUNCED 2 MONTHS BEFORE THEY (hmmmm) BOUGHT NYTEX!
Florida Profit Corporation
NEW YORK TELECOM EXCHANGE, INC.
Filing Information
Document Number V51311
FEI/EIN Number 954720231
Date Filed 07/17/1992
State FL
Status ACTIVE
Last Event NAME CHANGE AMENDMENT
Event Date Filed 01/13/2011
Event Effective Date NONE
http://sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=V51311&inq_came_from=NAMFWD&cor_web_names_seq_number=0007&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=UNITEDAMERICAN&names_filing_type=
oh I agree almost every CEO in the pink sheets is a crooked lying dirt bag. However this pr could make a difference in pps....which is all I am concerned about atm. Still worth a small position which I have taken. Will buy a lot more if I see more volume coming in
Below is a link to the minutes traded on the NYTEX Exchange. The minutes have been trending up over the last couple of months. The more minutes which are traded on the exchange, the more revenues it means for NYTEX/TLPH. If I recall correctly, I believe NYTEX gets 4% or 5% cut on the minutes traded x the price, which varies depending on the country.
http://www.nytexus.com/index3.html
The New York Telecom Exchange, Inc. (NYTEX)'s mission is to organize the world's 400 billion minutes of international telecommunications traffic through the provision of a constant market valuation of each minute based on its terminating location.
http://www.nytexus.com/index3.html
Telecoms online stock exchange Nytex launched officially at ITW. It is designed as an independent clearing house for voice minutes,
acting as an online stock exchange that sets market prices for minutes across any route in the world based on supply and demand at a reference quality.
ahh I see what your saying now. I need to look more closely here SCM.
My thing is the CEO got 27MM shares of the other company stock (UAMA) when they bought NYTEX last spring, plus he already owned a boat load.
Now he claims NYTEX is a money maker, but he doesn't report?????
He had at least 27MM reasons to update the financials, and those shares are now "free trading" (see the Form 4 he just filed for UAMA). Since he is listed as a principal w/NYTEX, who do you think gets the 20MM shares of TLPH?
I do like the trend.
I would suspect a promo to raise the pps soon if the PR is real. The chart looks good right now
gotcha. Lets see how it plays out. Exchange at .25 is something perhaps worth watching?
every pinkie is a risk.....risk/reward is what its all about. I see high reward possibilites here with fairly low risk
very well possible but I know plenty that have been duds as well. It depends on your stomach for risk. SMC makes valid points.
have to watch this and take a small position. Information like this in PRs can go insane.
rofl! I am still keeping an eye. Checking the 6 month charts its been on a positive trend. Higher highs and higher lows. If the PR has just a bit of truth.... then even better.
I got a WOODY when I saw the PR..........
then I did some digging
thanks for the info. Still think it might be worth a gander.
They never posted financials for NYTEX when UAMA supposedly bought it 10 days after filing a 15-12G last spring.
The same CEO told shareholders they would update financials when they released the PR announcing the acquisition of NYTEX.
United American Corporation Acquires the New York Telecom Exchange, Inc. in a Share Exchange Agreement
liking the o/s
You do know the other company that supposedly bought NYTEX last spring is Caveat Emptor on OTC, don't you?
AUMA's shareholders seemed "confused"......FYI
NYTEX is incorporated FL and NY ~ LOL
News: Teliphone Corp Acquires the New York Telecom Exchange Inc. Assets and Operations for $5 Million in Stock
TORONTO, Jan 11, 2012 (GlobeNewswire via COMTEX) -- Teliphone Corp (OTCQB:TLPH) the world's local digital telecommunications company is pleased to announce that it has signed a definitive agreement for the acquisition of all the operations, technology and intellectual property of the New York Telecom Exchange Inc. (NYTEX), the world's first neutral international telecommunications commodity exchange for USD $5 million in an all stock transaction. New York Telecom Exchange Inc will receive a total of 20 million Teliphone common shares at $0.25/share.
NYTEX will operate as a separate division within Teliphone and at current volumes could contribute over $25 million in annual revenue bringing Teliphone's total annual run rate revenue to approximately $31 million.
The exchange will continue to operate under the name "The New York Telecom Exchange" (NYTEX). The transaction includes all world wide operations and infrastructure of NYTEX including NYTEX's UK London data center (LondonTelex) and its European data center in Belgium (EuroTelex).
In 2011 approximately 200 million minutes were bought and sold on the NYTEX platform with a value of approximately 30 million dollars (bought and sold). In December 2011 NYTEX reached 32 million minutes bought and sold for a value of approximately 4.4 million dollars.
Lawry Trevor-Deutsch, President and CEO of Teliphone stated, "We believe that the acquisition of NYTEX's operations by Teliphone is a natural fit for the company and will bring very good value to shareholders through the synergy of being able to provide both wholesale and retail telecommunications operations to our clients and by reducing costs through shared overhead."
About NYTEX
NYTEX was launched in June 2009 and uses a proprietary algorithm which commoditizes international telecommunications minutes. NYTEX also developed the concept of trading of blocks of minutes and when used in conjunction with the algorithm allows minutes to be traded like any other commodity as in other mercantile exchanges. NYTEX provides a trading platform for wholesale carriers, mobile and fixed network operators and retail operators and acts as the central clearing house to all exchange-traded transactions therefore ensuring the delivery and fulfillment of these transactions. NYTEX has a number of proprietary value added features such as an integrated US Dollar and Euro trading floors which eliminates currency risk, an anti-false answer supervision system and tTrader, a direct trading option. With data centers in Montreal (NYTEX), London (LondonTelex) and Brussels (Europe Telecom Exchange), NYTEX aims to create a new economy based on telecommunications trading.
About Teliphone
TeliPhone Corp. is the world's local digital telecommunications company providing Internet, voice, IPTV, digital content and data services to business, government and residential customers. Teliphone operates a Canadian coast to coast network with its own national infrastructure and its voice and IPTV services are also available in 47 countries. TeliPhone is able to deliver more value added services to its customers at a lower cost than other suppliers.
This transaction may be subject to legal and/or regulatory approval.
Forward-Looking Statements
This press release includes "forward-looking statements" as defined by the SEC. All statements, other than statements of historical fact, included herein that address activities, events or developments that Teliphone Corp or New York Telecom Exchange Inc. expects, believes or anticipates will or may occur in the future, including anticipated benefits and other aspects of the proposed acquisition, are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of their dates. Except as required by law, neither Teliphone Corp nor the New York Telecom Exchange Inc. intends to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: TeliPhone Corp.
By Staff
CONTACT: CONTACT: Lawry Trevor-Deutsch
President, Teliphone Corp.
Tel: +1 514 313 6000
info@teliphone.ca
NYTEX was bought less than a year ago........wtf?
http://www.thestreet.com/story/11042944/1/united-american-corporation-acquires-the-new-york-telecom-exchange-inc-in-a-share-exchange-agreement.html
UAMA is Caveat Emptor on OTC
http://www.otcmarkets.com/stock/UAMA/quote
That's the real headline......thx
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Since the first overseas long distance call more than a hundred years ago, the industry has relied on bilateral agreements between network operators and international carriers in order to set prices for each terminating minute of international long distance traded between Network Operators, In-Country PTT's and Service Providers. The result is different prices for different call qualities between different buyers and sellers providing hundreds if not thousands of different prices for call termination to the same unique destination.
The root of these price discrepancies is found in bi-lateral agreements between Network Operators and International Carriers that have been the standard for setting prices in the market. This has in turn spawned an entire industry of by-pass routes and gateway operators to provide alternatives to non-carriers for in-country call termination.
This has resulted in extreme market inefficiencies, increasing prices due to hundreds of intermediaries in the demand and supply of an international call- each intermediary introduces a price increase, financing risk, technical risk due to multiple intermediary delivery points reducing call quality while increasing its price.
NYTEX is the new standard to which all destinations will have their price for call termination based on market supply and demand. NYTEX permits the monitoring of price fluctuations based on market forces providing one single reference price, at a reference quality, for each destination.
It is no surprise that commodities such as oil, gold and wheat trade globally on internationally recognized commodity exchanges that permit buyers and sellers to exchange them with accurate knowledge of price and market fluctuations within a neutral, financially secure and stable exchange such as the New York Mercantile Exchange (NYMEX)TM.
A minute of call termination is as much a nation's commodity as its wealth of precious minerals and oil- its demand and supply can be predicted due to such factors as population growth and phone penetration rates amongst the population. As demand for termination of call minutes increases due to increasing numbers of phone subscribers, supply will follow as Network Operators will expand their networks to accommodate this growth. New Network Operators will purchase licenses from countries in order to operate their services within the country- these elements will all contribute to increasing demand to reach people within the country, and their respective demands to reach people outside of their country.
Supply issues, much like with that of oil, also exist- as the country permits additional Carriers and gateway operators to operate in their country, supply of termination in that country will increase- just as major network outages will cause sudden decreases in supply- markets react and prices rise and fall.
The population of a country owns their call termination resource and entrust their governments to maximize the value of this resource and manage it as best as possible to the benefit of the population. International call termination becomes a predictable resource that governments can in turn utilize to finance their budgets through adequate taxation to carriers terminating in their country. NYTEX provides a neutral place for them to reference the real value of their resource and to sell those resources on the exchange within a safe, secure and internationally recognized framework.
To date, trading of telecommunications minutes has occurred when a buyer and a seller collectively agree on a price and quality specification between them and when both conditions of price and quality are met, the minutes flow through each trading partner. A change in price from the seller, for example, occurs through communication of rate amendments to the buyer, in which case, if approved, the price will change as per the new amendment. However, during this process the quality of the seller's route may decrease to a point unacceptable to the buyer, traffic is routed away or worse, traffic is blocked due to a technical problem at the seller resulting in dropped and poor quality calls.
NYTEX, through its advanced routing systems, monitors call quality and immediately updates and modifies call routings between buyers and sellers in order to maintain target qualities- should call reference quality cease to be delivered from a seller, for example, NYTEX will route the buyer's calls on a blending of additional routes such that the buyer maintains the reference quality. The blending of routes creates a change to the trading price, and if this price is above that of the buyer's BID, then the traffic is shut off, and the buyer is notified that they must increase their BID in order for traffic to continue to flow.
The same concept works on the Seller's side- if other sellers enter the market and are offering adequate quality at a lower price, the seller will see their traffic reduce and will be asked to update their ASK price should they wish to continue to transit traffic on their route.
Buyers and Sellers can trade on either the Spot market, or may conduct block (fixed price) trades.
As in the examples provided above, the market price fluctuates and as long as the market price is below that of a buyer's BID, or above that of a Seller's ASK, then traffic will flow. NYTEX clearing calculates a settlement based on minutes bought and sold at the market price and either debits or credits the buyers and sellers accounts with both minutes delivered / purchased and funds collected / spent. This is known as the NYTEX Spot Market and represents the flow of minutes at changing prices.
Note that on the Spot Market, buyers and sellers transact minutes and funds at the market price, and hence, if there is a decrease in the market price and call traffic still flows between buyer and seller due to adequate BID and ASK floors and ceilings, their respective accounts are debited at the market price and not at their respective BID and ASK price. This, known sometimes as a "Price Improvement", is always to the benefit of the trading partners and not the exchange.
NYTEX introduces the concept of the Block trade, that is, a fixed volume of minutes (always at the reference quality) at a fixed price. Once a block trade is consummated between a buyer and a seller, all minutes in the block are delivered at the Block trade settlement price irrespective of the market price.
NYTEX utilizes best of breed software, hardware, routing technologies and algorithms in order to ensure that minutes purchased and delivered occur at the reference quality for each destination market. Buyers and Sellers can feel confident in the capacity, redundancies and robustness of the NYTEX platform to deliver their trades on a timely basis. (Technology Partnerships- Quintum, Cisco, etc…)
Corporate Partner: Cambridge Mercantile Group
Cambridge Mercantile Group provides foreign currency exchange services in over 130 global markets including purchase, sales forward contracts , foreign currency drafts and electronic and wire transfers. For over 10 years, with offices located in Canada, the United States and the United Kingdom.
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