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Texxon Inc. Orders First 500 Upgraded Phones
Tuesday October 17, 11:54 am ET
LOS ANGELES, Oct. 17 /PRNewswire-FirstCall/ -- Texxon Inc. (OTC Bulletin Board: TXXN.OB - News) President Claude Buchert announced that the company is expecting to receive shipment of its first 500 GSM (Global System for Mobile Communications) phones within the next two weeks. The first shipment of new GSM phones will now offer substantial improvements in the company's ability to start and execute its business plan.
Claude Buchert stated, "We are very excited to bring the first 500 GSM phones to market, and feel this opens the doorway to the company's future success and profitability. The phones we used during our beta testing in Japan relied on the CDMA (Code Division Multiple Access) platform, and while they were well received by the market, the two step dialing process proved to be less efficient than our new GSM "one step dial" play.
"Although the change from CDMA to GSM has taken some time, our new GSM phones are superior to the CDMA technology in that we can install our proprietary call re-direction technology directly onto the GSM SIM card, enabling us to work behind the scenes to re-direct calls to our platform for full control of the network and billing components -- or more traditional one- step direct dialing.
"Now we can deploy the new GSM phones back into the same distribution network, and offer a far superior product to our customers, at a significantly higher level of profit for our company.
Because our beta test in Japan successfully opened up multiple channels of distribution, including a local sales force and multiple commercial providers (i.e., travel agencies, rental car companies, publishers, catalog sales, airlines, etc.), we will continue working with the same successful partners to quickly generate sales, both on the reseller side and on the logistics side. Based on our projections, we anticipate that we will start to see revenues within 30-45 days of receiving our new phones.
"Last, but not least, I feel we have given our company one more significant advantage that will increase our level of profitability in the market. We have chosen to purchase OEM phones from South Korea, as opposed to buying refurbished phones from US based recyclers. This way we control our own destiny in terms of product availability, quality, customization, feature consistency, warranty length and, in the long term, price. Also, because our phone applet is highly specialized, going with OEM phones will give our customers much more reliable service."
About our Company:
VocalEnvision (d.b.a. Teleplus Group), a subsidiary of Texxon Inc., is a research and development enterprise creating the next step in wireless content and life-management services. It operates its own telecommunications platforms as an independent operating unit using contracted coverage from the leading international mobile operator providers of services (MOPs). The Company supplies both services and information in over 120 international languages.
Information about the company can be found at http://www.vocalenvision.com
Safe Harbor
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Texxon Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Texxon Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
For investor relations information, contact:
Gabe Sandler
Sandler Communications Inc.
Phone: 866-772-0118
Email: info@sandlercommunications.com
Graet day today
Anyone know why? Although I am not complaining
news.....
Texxon Initiates Rebranding to Strengthen Global Image
Tuesday October 3, 7:30 am ET
LOS ANGELES, Oct. 3 /PRNewswire-FirstCall/ -- Texxon Inc. (OTC Bulletin Board: TXXN - News) President Claude Buchert announced that the company will be undergoing a full-scale rebranding process in order to strengthen the company's progressive global image and help increase its market visibility as a pioneering worldwide technology and service provider. To accomplish a successful rebranding initiative, Texxon Inc. and its Teleplus Group subsidiary have been conducting thorough market research in order to select brand names and images that will hone in on the contemporary international image the company strives to maintain.
President Claude Buchert stated, "By unveiling our new brand identity, we have reached a significant milestone in our drive to create a steady, salient image for our market that will not only help us build and maintain optimal shareholder value, but will also help us achieve our growth strategy by obtaining a wider base of investors and strategic partners.
"To replace Texxon Inc., we have selected the name Continan Communications. "Continan" is a derivative of the Latin word "contineo," which means "to bring together". Our hope is that our new company name and the meaning it represents will bring together our customers, our strategic partners, our employees, and last but not least, our investors. We have always viewed everyone involved in our company as a team, and we hope that this renewed image will push our team to the next level of market success.
"To rebrand the Teleplus Group subsidiary, we have selected a concept called Vocal Envision. We picked this name because we envision that the future of telecommunications lies within our ability to converge international technology with a range of personalized service options. We seek to bring the human element back into our industry, while simultaneously improving our core platform technology to streamline and simplify the entire telecommunications process.
"Last, but not least, we are going to place a stronger emphasis on the Vocalyz brand, which we still consider the backbone technology of our Vocal Envision (formerly the Teleplus Group) business unit. As a company, we have begun to place our main focus on the development of this unique product and service, and are working actively to gain valuable international partnerships and strategic alliances that will help us build up our company revenue and our shareholder value. We hope that the Vocalyz product/service will be the first of many to fall under the Vocal Envision platform, and further expect that our rebranding initiative will allow us to see revenue in the very near future."
Although the new brands have been selected and completed, they will be officially revealed to the public upon the upcoming expansion of the company's web presence. This expansion is anticipated take place in the very near future, and is expected draw increased attention to the company through extensive promotion and search engine optimization.
TelePlus Inc., a subsidiary of Texxon, Inc. (OTC Bulletin Board: TXXN - News), DBA TelePlus Group, is a leader in the field of international telecommunications, combining wireless technology and advanced proprietary software with the lowest rates and the highest levels of customer service. The company is dedicated to helping people worldwide through proprietary "content in-language" communications tools and services, which delivers the highest level of customer service at user-friendly rates. TelePlus Group through its services helps facilitate the expansion of the user's global experiences through business and recreation. TelePlus Group maintains its network operations and primary customer service center at its Los Angeles headquarters. The company also operates several call centers throughout the United States, Europe, and Asia.
Information about the company can be found at http://www.teleplusgroup.com
Safe Harbor
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Texxon Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Texxon Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
For investor relations information, contact:
Gabe Sandler
Sandler Communications, Inc.
Phone: 866-772-0118
Email: info@sandlercommunications.com
--------------------------------------------------------------------------------
Source: Texxon, Inc.
http://biz.yahoo.com/prnews/061003/nytu117.html?.v=70
possible reversal here.....a nice doji candle to start it off.......will be confirmation of it tomorrow or there after
more DD...
http://www.thenewssvc.com/TXXN083006.html
yes....Teleplus is the subsiduary of TXXN. TXXN is the parent "holding company". Without Teleplus, TXXN is just a shell.
TXXN is a holding company so if it would aquire another company the new aquired company would become their subsiduary.
the outstanding shares of about 115 million is taking into consideration the fact that all the preferred shares are converted to 81 million shares
They may have converted ZERO to ALL of the preferred shares but worse case scenario is that if they are all converted then there is only about 115 million shares
____________________
PLEASE NOTE, however, that the TelePlus acquisition transaction was closed through the use of convertible preferred stock (3,000,000 shares of the "TelePlus Acquisition Series of Preferred Stock), each of which is convertible into 27 shares of the Company's Common Stock following the proposed redomestication of the Company in Nevada. Accordingly, for purposes of this chart, the shares of preferred stock are treated as already having been converted into 81,000,000 shares of the Common Stock of the Company (3,000,000 x
27 = 81,000,000) so as to provide more meaningful disclosure. At the close of business on March 30, 2006, the day before the Closing of the TelePlus acquisition, the Company had 33,982,159 shares of Common Stock issued and outstanding. Treating the 3,000,000 shares of the TelePlus Acquisition Series of Preferred Stock, which were issued at Closing on May 31, 2006, as having been converted to 81,000,000 shares of Common Stock, the total shares of the Company's Common Stock issued and outstanding at the close of business on May 31, 2006 would be 114,982,159.
O/S & float info...as per their last filing but ensure to doubt check the data below to ensure it still is valid....
float= = 39,427,382 shares
o/s = 114,982,159
65.71 % of shares are held by insiders/directors!
Name and Address Number of Shares Percentage
---------------- ---------------- ----------
Claude Buchert 1,223,284 1.1%
11041 Santa Monica Blvd., #317
Los Angeles, CA 90025
James W. Gibson -0- (1) 0%
684 Glenmore Blvd.
Glendale, CA 91206
Helene Legendre 10,191,724 8.9%
1810 Palisades Drive
Pacific Palisades, CA 90272
Ross A. Nordin -0- (2) 0%
149 S. Barrington, #246
Los Angeles, CA 90049
Marcia Rosenbaum -0- (3) 0%
Platanenlaan-West 14
8420 De Haan, Belgium
Telanova, Ltd. 29,351,736 25.6%
Suite #5, Watergarden
Waterport, Gibraltar
Humax West, Inc. 34,651,660 30.1%
7507 Vista Del Mar
Playa Del Rey, CA 90293
11,415,008 10.01%
All Officers and Directors,
as a group (5 members)
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001019687%252D06....
for DD see links below for the last good informative report on TXXN....
part 1
http://www.investorshub.com/boards/read_msg.asp?message_id=11529331
part 2 (continuation of part 1)
http://www.investorshub.com/boards/read_msg.asp?message_id=11529337
company web sites
http://teleplusgroup.com/
http://www.1tc.com/en/index.php
no, Teleplus is a subsiduary of Texxon....
as per the bottom of their PR...
"TelePlus Inc., a subsidiary of Texxon, Inc. (OTCBB: TXXN)"
Isn't Texxon a division of Teleplus , and not vice versa?
Still, what does the division do?
Thanks
TXXN (Texxon) was basically a shell before the reverse merger by Teleplus, which was a private company. Teleplus is a subsidiary of Texxon.
I don't know if there is a plan to change the name. They may leave it like it is if they plan on eventually adding another subsiduary
Texxon is a division of Teleplus, but what exactly does texxon do?
might have been right on the fall but this thing will turn and this tragic event will eventually be history and willbe forgotten......from what I have been told....theres nothing wrong fundamentally and we can expect news to come soon as its overdue
I added again today..........
crazzygrl was right about this one.
Talk about stinking up a joint. Bought this t u r d at .165 two weeks ago and it's now at .05. Kept looking for a bounce, but didn't happen. The pr seemed to have sent it spiraling down. What a joke. http://www.CybeRelease.com/txxn83006.htm
http://www.investorshub.com/boards/read_msg.asp?message_id=11980987
U must be some kind of moron. You were pumping this POS in early July and it's up a penny since then.
Keep dreaming - keep pumping.
I don't know.....try making me an assistant then from there maybe we can which me over to mod.
Cheers
.20s soon....much higher in the months to come imo!
Step 2. Proceed to take foot out of mouth.
This will see 0.20's as I said before.
Just let me know if there is something I need to do.
Thanks.
I will take it........good luck & do keep an eye on TXXN. With what they have done so far it does look like they have a bright future ahead if they execute the business plan well.
Like I posted awhile ago I left TXXN...If someone else wants the moderator postion, please speak up. Good luck to those still in.
Sometimes pigs just stinkup a joint. This is one.
How's that chart treating you now that this POS is headed to single digits?
james....I loaded up as well on the dip!
Pigs can make you money too lol.
95% of the OTC BB is a pump (In fact the majority of the stock market in general is a pump, hedgefunds, analysts, etc.), but if it can make you some money then who cares.
I say were in for a pop and so does the chart.
J
bought back in today at 0.131. Looking for a pop.
Good Luck
James
This stock did ok today.Congrats to anyone thats in it. lol
SUUUREE - Hope your still adding to this P&D scam. You must love having your money stolen from you.
crazzygrl, were you able to pick up any shares under .20? I added, and pretty happy about it now.
product launch in USA of their service/product on 1 July!
Looks like we know where bottom was now. Chart looks strong and I have renewed confidence in this play.
http://biz.yahoo.com/iw/060627/0139406.html
TelePlus Group's International Interpretation Service Moves to the Skype Japanese "Business Extras" Page
Tuesday June 27, 8:05 am ET
Positive User Feedback Prompts Skype to Place TelePlus Group's Full-Service In-Language Japanese Interpretation Services in Its Extras Gallery
LOS ANGELES, CA--(MARKET WIRE)--Jun 27, 2006 -- TelePlus Group (www.teleplusgroup.com), a pioneer in the field of international telecommunications, today announced that its Japanese translated 1TouchConnect(TM) (1TC) communication service will be accessible on Skype's extras for business page and specifically in its online section geared towards its Japanese speaking customers starting early July 2006. Thanks to overwhelmingly positive user feedback on its beta version on Skype's developer's portal, the TelePlus' innovative and low-cost 1TouchConnect(TM) (1TC) service gives users direct, in-language, access to a full-service concierge and interpreter in their native language. Whether it's Konnichiwa, Bonjour, Ni Hao or just plain Hello, 1TC is the only comprehensive global communications service that offers around-the-clock "live and in-language" information solutions for the International consumer. TelePlus Group is a subsidiary of Texxon Inc. (OTC BB:TXXN.OB - News).
ADVERTISEMENT
TelePlus Group is complementing the move by adding more languages to its foreign language assisted services to Skype customers, bringing its total capacity to 26 languages, and plans to add another 100 languages at least over the coming months. Languages currently available include French, Spanish, Cantonese, Mandarin, Farsi and Japanese.
TelePlus Group's partnership with Skype allows the Skype Voice Services Program to target individuals in need of a personal interpreter during any Skype-in or Skype-out VoIP call. The service is part of an initiative announced by "Skype for Business," to lower operating costs and increase productivity for the estimated 22.5 million business users. TelePlus provides Skype customers with an efficient and low-cost solution to language barriers.
"We are extremely pleased with the positive reaction of Skype users to our service," says Jim Gibson, Vice President of Business Development for TelePlus Group. "We are taking this opportunity to expand our service dramatically with a highly targeted approach to deliver our specialized services to specific audiences we know utilize the Skype system and who have expressed a need for services like ours. This success demonstrates TelePlus Group's considerable growth capacity as well as the efficiency of our outsourcing business model."
TelePlus focuses on the development of low-cost international communication solutions. 1TC is a seamless and highly specialized telephone service that bundles reliable, inexpensive international long distance with a wide variety of proprietary, in-language, services for the mainstream international traveler. The TelePlus product provides travelers and tourists with a 24/7 live private assistant who functions as a translator, concierge or emergency dispatch in their native language. The key to the service is "content in-language," delivered through a combination of cutting-edge patent-pending intelligence and telecommunication platform and allows the company to offer direct access to their comprehensive live services in over 120 languages.
TelePlus offers their products and services to various vendors and customers in the telecommunications and travel industries through wholesale applications (service only) or through complete product offerings, consisting of a bundle of product (phone) and service. The flexible business model allows TelePlus to target partners looking to enhance its current product offerings or customers in search of a "complete" means of communications.
About TelePlus Group
TelePlus Inc. (OTC BB:TXXN.OB - News) is a leader in the field of international telecommunications, combining wireless technology and advanced proprietary software with the lowest rates and the highest levels of customer service. The company is dedicated to helping people worldwide through proprietary "content in-language" communications tools and services which delivers the highest level of customer service at user-friendly rates. TelePlus Group through its services helps facilitate the expansion of the user's global experiences through business and recreation. TelepPlus Group maintains its network operations and primary customer service center at its Los Angeles headquarters. The company also operates several call centers throughout the United States, Europe, and Asia. For more information please visit www.teleplusgroup.com.
About Skype
Skype is the world's fastest-growing Internet communication offering, allowing people everywhere to make unlimited voice and video communication for free. Skype is available in 27 languages and is used in almost every country around the world. Skype generates revenue through its premium offerings such as making and receiving calls to and from landline and mobile phones, as well as voicemail and call forwarding. Skype also has relationships with a growing network of hardware and software providers. To learn more visit www.skype.com.
Contact:
Contact:
Jackie Lacambra
TERPIN COMMUNICATIONS
(310) 821-6100 x108
jackie@terpin.com
Why are you watching every tick then? I'm all ears for a list of your favourite stocks.
OLD Company??? that's a laugh. Dressing a pig up in a dress doesn't make it a lady - it's still a pig.
BTW - who do you think is selling evertime this POS runs into the low .20's? Same crappy mgmt as was always there.
What a farce
not holding the bag imo.....the story on teleplus is just starting to unfold..........the market will soon see its potential as we hear more on teleplus through PRs.
I was told that the CEO was just recently in Europe again so he could have been working up a new deal.
We have the launch in the USA comming in about a week and many other markets soon. Exciting times are comming as the company launches their product. Management seems to know what they are doing and seem to have a good business plan..........so far I am impressed with the CEO......he seems to have good conections
You were doing your DD on the old company which is why you couldn't find the current website. This is the company you should be researching...
http://biz.yahoo.com/iw/060601/0132651.html
You should have read from the beginning of the thread - TXXN is a suckers play. Mgmt and vendors using it as a personal piggy bank. Guess the army of pumpers didn't work this time.
Anyone here?
I'm looking for info on the share structure, and wondering if there is selling going on right now to finance expansion. I guess news should be expected soon, but fear the selling holders could scare away new buyers.
news...
Texxon's Wholly Owned Subsidiary, Teleplus Group, Inc. (OTCBB: TXXN), Hires Chief Financial Officer to Develop & Maintain Fiscal Operations
With Strong Ties in the Financial Management and Expertise in Technology Start-Ups in the US and Overseas, Ross Nordin Will Lead Economic Business Strategy
LOS ANGELES, CA, Jun 19, 2006 (MARKET WIRE via COMTEX) -- TelePlus Group (www.teleplusgroup.com), a pioneer in the field of international telecommunications, today announced Ross Nordin as the new Chief Financial Officer (CFO). Ross Nordin will be a key part of the leadership for the development and execution of the business strategy. He has extensive experience in developing and maintaining systems for internal and external control of financial operations. With his expertise in technology start-ups both here and overseas, Nordin will provide a solid backbone for TelePlus Group through the assessment of various investor relations/opportunities and observation of business economic and fiscal stability. TelePlus Group is a subsidiary of Texxon Inc. (OTCBB: TXXN).
"With a telecom market that is rampant with change and innovation, Teleplus Group is one of the few companies that can deliver a unique product in the niche market for global travelers," says Ross Nordin, Chief Financial Officer for TelePlus Group. "With the strong managerial team we have assembled, we will look to expand the business by incorporating and developing new technologies and/or by acquiring companies that have superior, stable free cash flow."
Ross Nordin has an engineering degree and an MBA from the University of Michigan with a wide range of experience developing new business entities in Europe and the US. He has initiated strategies for raising capital in equity markets and facilitated the reorganization of financial and operational models. Before joining TelePlus Group, Nordin has raised equity and debt for several ventures. In addition, he provided a full range of financial expertise as Senior Business Consultant for International Profit Associates where he developed operational and strategic plans.
"As CFO, Ross Nordin is the driving force behind our financial management/development department," says Claude Buchert, CEO of TelePlus Group. "His profound knowledge and success in forming a solid financial corporate body through the concise and accurate evaluation of potential business endeavors will help the growth of the company."
TelePlus focuses on the development of low-cost international communication solutions. Vocalyz(TM) is a seamless and highly specialized telephone service that bundles reliable, inexpensive international long distance with a wide variety of proprietary, in-language, services for the mainstream international traveler. The TelePlus product provides travelers and tourists with a 24/7 live private assistant who functions as a translator, concierge or emergency dispatch in their native language. The key to the service is "content in-language," delivered through a combination of cutting-edge patent-pending intelligence and telecommunication platform and allows the company to offer direct access to their comprehensive live services in over 120 languages.
TelePlus offers their products and services to various vendors and customers in the telecommunications and travel industries through wholesale applications (service only) or through complete product offerings, consisting of a bundle of product (phone) and service. The flexible business model allows TelePlus to target partners looking to enhance its current product offerings or customers in search of a "complete" means of communications.
About TelePlus Group
TelePlus Inc., (OTCBB: TXXN), a subsidiary of Texxon, Inc., is a leader in the field of international telecommunications, combining wireless technology and advanced proprietary software with the lowest rates and the highest levels of customer service. The company is dedicated to helping people worldwide through proprietary "content in-language" communications tools and services which delivers the highest level of customer service at user-friendly rates. TelePlus Group through its services helps facilitate the expansion of the user's global experiences through business and recreation. TelePlus Group maintains its network operations and primary customer service center at its Los Angeles headquarters. The company also operates several call centers throughout the United States, Europe, Asia. For more information please visit www.teleplusgroup.com.
Contact:
Jackie Lacambra
TERPIN COMMUNICATIONS
(310) 821-6100 x108
jackie@terpin.com
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2006%5C06%5C19...
Does anyone know when the consumer price data will released?
Thanks for pointing out the baord to me guys.
Cheers
James
news....
Teleplus Group, Subsidiary of Texxon, Inc., Adds Wireless Brand Vocalyz(TM) to Proprietary "In-Language" Telecomm Service/Product Line-Up
Building on the Dynamic 1TouchConnect(TM) Non-Celluar VoIP Brand, Available via Networks Like Skype, TelePlus Introduces Vocalyz as the New Face of Its Recent GSM Service
LOS ANGELES, CA, Jun 12, 2006 (MARKET WIRE via COMTEX) -- TelePlus Group, a pioneer in the field of international telecommunications, today announced the official launch of its new wireless access and GSM service brand, Vocalyz(TM). The new cellular telephone product/service will be the face of TelePlus' wireless product offering, including the recent announcement of the GSM platform. Vocalyz joins the already well-known 1TouchConnect(TM) non-cellular/VoIP feature which is currently available as a Skype added business-service at http://share.skype.com/directory/live_usa_concierge_by_1tc/view/. Vocalyz adds to the dynamic TelePlus product/service line-up creating awareness and differentiation among competitors in the telecommunications market and opens doors to various business opportunities. TelePlus Group is a subsidiary of Texxon, Inc. (OTCBB: TXXN).
"We are excited to add Vocalyz to our list of cutting-edge telecommunications products and services," says Claude Buchert, CEO of TelePlus Group. "We anticipate the grouping of Vocalyz and 1TouchConnect to target all arenas of the phone services space (VoIP, cellular wireless/GSM) and give us efficient market entry to create a long lasting appeal to the consumer travel and international business markets."
TelePlus Group recently acquired by Texxon, Inc. on May 31st, 2006, has been aggressively growing and expanding market reach through efficient operations, strategic VAR/MVNO partnerships, and revolutionary product offerings. The goal is to penetrate several telecommunication channels and provide stream-lined solutions for multiple customers.
TelePlus focuses on the development of low-cost international communication solutions. Vocalyz(TM) is a seamless and highly specialized telephone service that bundles reliable, inexpensive international long distance with a wide variety of proprietary, in-language, services for the mainstream international traveler. The TelePlus product provides travelers and tourists with a 24/7 live private assistant who functions as a translator, concierge or emergency dispatch in their native language. The key to the service and differentiating feature is "content in-language" from the start, delivered through a combination of cutting-edge patent-pending intelligence and telecommunication platform and allows the company to offer direct access to their comprehensive live services in over 120 languages.
TelePlus offers their products and services to various vendors and customers in the telecommunications and travel industries through wholesale applications (service only) or through complete product offerings, consisting of a bundle of product (phone) and service. The flexible business model allows TelePlus to target partners looking to enhance its current product offerings or customers in search of a "complete" means of communications.
About TelePlus Group
TelePlus Inc., a subsidiary of Texxon, Inc. (OTCBB: TXXN), DBA TelePlus Group, is a leader in the field of international telecommunications, combining wireless technology and advanced proprietary software with the lowest rates and the highest levels of customer service. The company is dedicated to helping people worldwide through proprietary "content in-language" communications tools and services which deliver the highest level of customer service at user friendly rates. TelePlus Group through its services helps facilitate the expansion of the user's global experiences through business and recreation. TelePlus Group maintains its network operations and primary customer service center at its Los Angeles headquarters. The company also operates several call centers throughout the United States, Europe, and Asia. For more information please visit www.TelePlusgroup.com.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
Media Contact:
Jackie Lacambra
TERPIN COMMUNICATIONS
(310) 821-6100 x108
jackie@terpin.com
Investor Relations:
Ross Nordin
TelePlus Group
(310) 439-3119 x206
rnordin@1tc.com
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2006%5C06%5C12...
buying opportunity........will bounce back.........
.27ish is the low for today and I would expect some good buying to lift the SP off its lows going into the close
good time to add as it tests support and before the bounce back up imo
We need news......its holding up but we need renewed buying to help break that resistence!
Small floats boad well for investors. From what I gather, most of the shares in the float now are held by strong hands. As such, this is likely the reason for the emergence of our basher friend.
The 81 million shares (if convered into common shares) carry a 1 year Rule 144 legend so they are not tradable for another 12 months
What is good to know is that even fully diluted (once those shares are tradable in a year) is that TXXN only has 115 million shares O/S which is decent. Most OTCBB plays have sometimes up to billions of shares o/s
Since those 81 million shares are restricted there are only about 34 million shares tradable and the float is much less!
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