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my best part is>>>The strategy is somewhat reminiscent of Charys Holdings Co Inc (OTCBB: CHYS), which has focused on the integrated infrastructure services segment. Because it is a micro cap without the rigid corporate culture of the "big boys" it can operate very effectively in a fragmented and underserved market and the results have been fantastic, especially for investors who can identify these opportunities early. In two months Charys is up about 700% and over 4000% in less then 10 months.
June 2, 2006 - 10:39 AM EDT /700% Gains in Two Months Are Possible
TXXN 0.30 0.00
CHYS 10.10 0.70
700% Gains in Two Months Are Possible -- Micro Caps With Macro Growth Strategies
Texxon Inc. (OTCBB: TXXN) officially threw its hat into the ring with the closure of its acquisition of TelePlus Group, a pioneer in the field of international telecommunications, yesterday. TelePlus offers a unique suite of proprietary solutions, translation services, and professional grade concierge services for the international traveler. The company has the potential for partnerships with leading global mobile operators such as Nextel, Orange, Sprint, T-Mobile and others. It has already been selected to be the Skype for Business, eBay's (NASDAQ: EBAY) market leading VOIP product, procidor of translation services. The strategy is somewhat reminiscent of Charys Holdings Co Inc (OTCBB: CHYS), which has focused on the integrated infrastructure services segment. Because it is a micro cap without the rigid corporate culture of the "big boys" it can operate very effectively in a fragmented and underserved market and the results have been fantastic, especially for investors who can identify these opportunities early. In two months Charys is up about 700% and over 4000% in less then 10 months.
OT: Copy and past the subjects name in the search box at the top of the page and use the drop down box and choose member or Public Mags.
1. Select Memeber: It will pull up there past post history on Ihub
2.Select Public Mags: This will bring up any post with that subjects name in it. Posted by them selves or anyone else talking about them.
3.Click on there name that will do it also
Hope that helps.
Ammobox
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.
correction..float= = 39,427,382 shares
o/s = 114,982,159
65.71 % of shares are held by insiders/directors!
I double counted the directors/insiders as they are listed individually and at the bottom it listed them as a group
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....
float= = 27,929,166 million
o/s = 114,982,159
from below.... 75.71 % of shares are held by insiders/directors!
therefore float = 27,929,166 million
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...
Outstanding shares....from the 8K
Company's Common Stock issued and outstanding at the close of business on May 31, 2006 would be 114,982,159....this includes the 81 million shares for the aquisition
More info......
The following table sets forth, as of the date of Closing of the TelePlus acquisition transaction, information regarding the beneficial ownership of shares of the Common Stock by each person known by the Company to own five percent or more of the outstanding shares of Common Stock by each person known by the Company to own five percent or more of the outstanding shares of Common Stock, by each of the Officers, by each of the Directors, and by the Officers and Directors as a group. 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. Based upon that number the information is:
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001019687%252D06...
CHARTIN...OS?...FLOAT?
THANX
ZOOMAN
TXXN good DD 2...
http://www.topstockalert.com/
TRADING ALERT, UNDERVALUED NEW TELCOM-TECHNOLOGY
New issue set to take advantage of the multi billion dollar international travel communications sector. TXXN.OB
“We hit the mark on our last 2 picks, more than 300% in trading price shortly after profiled, giving investors a chance to turn $5,000 into $20,000 or more quickly!!!” $$$$$$$
TXXN out of the R&D phase is getting ready to open up markets after successfully testing their product. This Global product should be accepted quickly by the international business community allowing TXXN to dominate this new market and become the next great Telecom pioneer.
Armed with agreements from SKYPE (NASD-EBAY), Orange and other Telcom giants, this stock is poised for Explosive growth and is priced to BUY NOW up to $2.00 per share. This company just went public and should have a lot of news in the pipeline. Once the news is out it will be too late EARLY PROFITS GET IN FIRST!!! Remember, we look at hundreds of companies and pass on most. If we are not writing about it, its usually not worth reading. Sign up and get a free trial of our news letter.
Everyone remembers the run RIMM had (EST) $5.00 to around $150.00 before splitting 2 for 1 and then running to $103.00 again!! This goes to show you what can happen if the street picks up the stock, and people embrace a new technology. $ 5,000 dollars in this company at the right time could have made you $145,000 dollars Richer!! Everyone loves the crack berry!!
The 4 Biggest reasons to own TXXN before it hits $2.00
TXXN is about to hit the ground running and should be a revenues giant and, perhaps more importantly, because it is not mired by excessive debt (est. 900k during the R&D phase) it can quickly become an earnings monster.
TXXN would only need to generate annual sales of just $10 million to hit approximately $5 million in earnings, or about 20 cents per share.
TelePlus operates in the very sexy Wireless Telecommunications Industry. The average multiple for theWireless elecommunications Industry is well over 25. Using a multiple of 25, only about a third of the Wireless Telecommunications Industry recent average, and multiply it by 20 cents per share we easily establish a $5 stock price. Furthermore, TelePlus could earn that kind of income from just one market, and they are looking at dominating many markets.
That could turn a $1,000 investment into $10,000 or more – a gain of 900%! How? Considering the fact that the global telecommunications market accounts for annual revenues of more then $2.5 trillion, and growing fast, TXXN would only have to do a minuscule portion to hit serious earnings.
TXXN's agreement list is already a “Who’s Who” of telecom. TXXN has teamed up with some of the world’s leading telecoms right now.
TelePlus provides a broad range of international communications solutions; most are accessible through its cutting edge “1 Touch Connect” technology.
"Its first to market position will aid its march to become the dominant player and, literally, serve up hundreds of millions of opportunities to capture the international travel market and beyond. The quickly expanding global telecommunications market is expected to continue its rapid growth for many years to come."
THE MAN WITH THE PLAN
Claude Buchert, President, CEO and Founder has a track record of success
Claude Buchert has more than 30 years of successful international entrepreneurial experience. In addition to his general management experience, Buchert has extensive business development, marketing, strategy and engineering experience in the telecommunication industry.
Buchert has patented innovative technologies and founded several successful companies including, France Application, a chemical and industrial products company, which he sold to 3M.
Buchert also founded Concord Development, land and real estate developer, and Atlantis Group, a company that specialized in the high-tech transformation of milk into dairy products. Under Buchert’s leadership, Atlantis Group quickly captured 5 percent of the yogurt market in California and it was sold to Besnier, a large European international group.
Buchert founded INET, a developer of innovative telecommunication services, ten years ago, creating a base of 60,000 customers. He sold the company to Telis and Atlas Telecommunication group, an international provider of high-tech networks operating in 22 countries.
Buchert continues to deploy his energy, enthusiasm and expertise by recently creating TelePlus Group, producing innovations and new standards in the international land and wireless telecommunication industry and changing the way international travelers perceive the safety and convenience of their trips and vacations.
Key Drivers for the Product
International Telecommunications Market
The International telecommunications market outside the United States is estimated to be valued at over $1.5 trillion and is expected to reach over $2 trillion by 2008 and continue the double-digit growth it has enjoyed since 2004.
The US market is expected to eclipse the $1 trillion mark by 2008.
The international telecommunications market has been growing faster then the US market and demand for mobile and wireless service is expected to continue to fuel the higher growth rate.
Worldwide, the cell phone market has already exceeded 2 billion subscribers. Furthermore, it’s estimated that more than 100 million 3G phones will be sold in 2006 and more than 200 million smart phones will be sold in 2008.
International Travel Market
The global market for international travelers is estimated to be greater than 700 million users. The USA , with 44 million international visitors, ranks in the top five along with France , Spain , Italy and China .
International Commerce Market
The scale of international commerce market is virtually unfathomable; its value is literally in the trillions, plus the size of the US trade deficit is at record levels and growing like a weed!
TXXN (Teleplus) already has strategic relationships and contracts to work with the big boys in the industry I.E. TelePlus' economic strategy as an MVNO aggregator will also generate a greater realm of U.S. coverage for customers through access to the established Pinpoint MVNO relationships with the U.S. T-Mobile GSM network and host of other domestic roaming partner relationships. Also do not forget Skype, Pin-Point, Sprint, and Orange . Some of which are currently teamed up with TelePlus' low cost concierge/translator product, 1 touch connect(TM).
Access to the Billion Dollar VOIP market
TelePlus Group services can also be accessed by VOIP users. In fact, Skype eBay’s (NASDAQ: EBAY) VOIP product, selected 1TouchConnect to provide its pay-for-use translation services.
Product Launch Campaign.
"1 Touch Connect(TM)" has a unique global software web E-Z sales system (effortless for sales agents.) monitoring electronically, sales, phone activation, delivery, commission, customer support etc.
Other important markets in development are: Europe, South America, and China.
TelePlus Group has further delineated specific foreign travelers to go after first. These include Japanese traveling to the USA, France, and Europe; Americans traveling to Europe; and Europeans traveling to the USA.
The product has been successfully Beta tested in the important and highly active Japan-to-USA travel market. It is distributed by a subsidiary of the largest travel agency in Japan. This exposes TelePlus Group to 30% of its targeted Japanese travel market.
For this test market, 1TouchConnect technology is loaded on an inexpensive CDMA enabled cell phone, which is sold, rented, or provided free to the Japanese traveler under package deals. Even though GSM is the future, this test validated that consumer acceptance is good.
In the European and USA rollout scheduled for 2006, the technology will be loaded in a readyto- purchase GSM-enabled phone or on SIM cards that can be inserted into the user’s own GSM enabled phone so they can dial directly.
Potential Customer Segments
Business traveler
Leisure traveler
Government traveler
Other applications
Strategic Alliances.
Skype recently tapped TelePlus and joins Nextel, Orange , Sprint and T-Mobile.
The Company believes it will have numerous Joint Venture, merger, strategic alliance and acquisition opportunities.
Channel Strategy
The Company will utilize a wide array of channels to move its 1TouchConnect phones and SIM cards. These may include:
Travel agencies Mall Kiosks
Web Sites Insurance Companies
Travel Web Sites Vending Machines Skype
Hotels Sky Mall Google
Travel Bureaus Airlines Yahoo
Rental Car Companies Mobile Operators
Agents Banks
Distributors Trade Associations
Guide de Routard Telco Boutiques
Welcome Centers Mileage Companies
Airports
Core Product Mobile Phones
Conference Calling Companies
Vending Machine Distribution
A key component of the Company’s distribution and marketing strategy will be the use of self-service vending machines. TelePlus Group has identified a vendor that supplies state-of-the-art devices that are completely self-service. These machines can be used to purchase phones and/or SIM cards as well accept the returned devices. The vending machines are networked through wireless or Ethernet connections and provide real-time reporting capabilities. They allow for a wide range for payment options and users can also recharge their phone credits by waving the phone in front of a device.
1. Credit Card
2. Debit Card/Stored Value
3. Cash
4. NFC
5. Voucher
Texxon’s Buy rating is based on the difference in price between TXXN’s current stock price and the Company’s implied intrinsic value, as a result of the Company’s merger and in consideration of the accompanying meaningful events.
Our focus at HIGH ROLLER is to provide our members with comprehensive information on investment opportunities in small and micro cap stocks. We feature 5 to 10 companies, per year, which we believe have the ingredients for significant appreciation, our target is to find the gems with the potential for 500% gain, or greater, over the next few years. There is no charge for this membership.
To be among the first to find out about our next great idea, you must enroll for our alert. There is no charge for this membership and comes regularly via email.
We believe that these initiatives from TXXN offer a huge opportunity for investors. If they continue to successfully execute their game plan TXXN has the potential to make you 5 times your money, even 10 to 20 times your money, but only for those who act!
TXXN article 1 & DD.....I got this from another fellow poster on another board
BREAKING NEWS!!!
StockTalk Journal
URGENT TRADING ALERT!
LETS TALK ABOUT MAKING MONEY
NPWS $.80- $3.70 ****Had a move of over 350%
TXXN around $.30 ****Projected to move 500-1000%
Our readers had chances to profit all the way up, this just goes to show you, when we send out an alert, we mean it!!!
URGENT TRADING ALERT, TXXN***TXXN***TXXN***TXXN
This company just announced the closing of the Tele-Plus merger, we believe this company has a unique innovative product that has been long over due, and will take the business and travel community by storm. TXXN has already developed some of the necessary relationships with Big Players in this industry, from T-Mobile and Skype domestically and Orange (France Telecom) internationally. We look forward to their product being distributed world wide in the future.
TXXN price (UNDER) .30 cents per share
ACT NOW!!!! FOR BIG PROFITS$$$$$$$$$$$$
As a StockTalk Journal subscriber you get this alert one week before the profile is posted, act now before everyone else gets in. I expect this to crush the dollar mark, in fact I will be disappointed if this doesn’t earn you 500-1000% gains, in the short term, and will outline the reasons why in my profile
TelePlus Group Goes Public After the Final Closing of Its Acquisition by Texxon Inc.
After Almost a Year of Discussions, Strategic Planning and Corporate Reorganization, TelePlus Group Becomes the Official Subsidiary of Texxon Inc.
LOS ANGELES, CA -- (MARKET WIRE) -- 06/01/06 -- TelePlus Group, a pioneer in the field of international telecommunications, today announced it has officially become a public company concluding the closing of its acquisition deal to become a subsidiary of Texxon Inc. (OTCBB: TXXN). Discussions of the acquisition began on June 15, 2005, and with an experienced management team in place to spearhead the development and marketing of a new product line set for launch next month, Texxon has declared the official closing of the transaction following the issuing of eighty-one million common shares.
The closing also appoints Claude Buchert to Chief Executive Officer and Chairman of the Board for Texxon Inc. Buchert will remain at the TelePlus headquarters in Los Angeles, California, as he and a team of skilled telecommunications executives continue to build regional and global customers and partners leveraging the unique and revolutionary TelePlus product offering.
"I am very pleased to announce the completion of this acquisition, which is not an end in itself, but rather a launching point for the next stage of the Company's vision," says Ben Hansel, former CEO of Texxon Inc. "Claude and his highly qualified team are the ideal group to take Texxon Inc. to higher levels, especially with increasing globalization as a major driver for the development of new market opportunities for TelePlus."
TelePlus Group has quickly established itself as a leader in the field of international telecommunications, with its suite of proprietary solutions and professional grade translation/concierge services to the world traveler. A focus on the development of effective, low-cost solutions has resulted in a dynamic product line: OneTouchConnect (TM) and Vocalyz(TM) (to launch in June 2006). TelePlus presents cutting-edge technologies in international communications, most of which are accessible via its OneTouchConnect(TM) solution, tailored to address these and other high demand needs. With a growing telecommunications industry and through potential partnerships with leading global mobile operators such as Nextel, Orange, Sprint, T- Mobile and more, there are enormous possibilities to appeal to multiple mass audiences.
there are a few of us on Rig's board that are into TXXN. Rigatoni is loaded up as well thanks to me.......our time is comming!
crazy's previous post are all about trying to convince people of scams...and she is not a paid subscriber so she can only post limited.
Board
Date/Time
check-mate. You paid pumpers are nothng but Texxon (TXXN)
6/9/2006 2:18:54 PM
Typical pumper can't respond to the FACTs as Texxon (TXXN)
6/9/2006 1:54:23 PM
And just so nobody is confused, the next Texxon (TXXN)
6/9/2006 1:15:41 PM
More from the 10Q: Texxon (TXXN)
6/9/2006 1:03:39 PM
Check out the website at http://www.texxoninc.com/ Texxon (TXXN)
6/9/2006 11:19:41 AM
Hope there's something to this cuz I bought Strata Oil & Gas (SOIGF)
6/8/2006 4:06:59 PM
HMMM - wonder if the CEO and you Imperia Entertainment, Inc. (IPRE)
6/6/2006 7:46:35 PM
It is a scam and the scams on Imperia Entertainment, Inc. (IPRE)
6/6/2006 5:59:39 PM
StockInformationSystems.Com - You really need to read the Imperia Entertainment, Inc. (IPRE)
6/6/2006 5:48:46 PM
Boy - you are green as can be Imperia Entertainment, Inc. (IPRE)
6/6/2006 2:52:52 PM
It IS OVER - you all here are Imperia Entertainment, Inc. (IPRE)
6/6/2006 2:39:03 PM
Who would take investment advice from the President Imperia Entertainment, Inc. (IPRE)
6/6/2006 10:47:51 AM
I suspect that it's not a pump at Strata Oil & Gas (SOIGF)
6/5/2006 2:31:59 PM
R/S = THE END. Thanks for coming folks. Imperia Entertainment, Inc. (IPRE)
6/5/2006 12:04:16 PM
How High can this Go? What's the catalyst? Strata Oil & Gas (SOIGF)
6/5/2006 6:41:51 AM
PPTL - 1.5Mill buy at close..HMMM why does BB's Penny Haven
5/10/2006 5:02:22 PM
PAPO - Good Call, Steady Stock e/m BB's Penny Haven
5/9/2006 9:52:23 AM
FPPL is a scam and these clowns spend BB's Penny Haven
5/5/2006 10:17:02 PM
BRVO = Solid stock, heading up. e/m BB's Penny Haven
5/5/2006 10:16:51 AM
DMOI - afternoon bounce. e/m BB's Penny Haven
5/4/2006 2:48:24 PM
Hey why not call FPPL and ask them BB's Penny Haven
5/4/2006 2:09:31 PM
CTFE - Great Find, thanks pennybuster e/m BB's Penny Haven
5/4/2006 11:57:06 AM
DMOI gonna settle in .09-.10 range BB's Penny Haven
5/4/2006 11:39:18 AM
LOL it's funny reading this crap. Only a BB's Penny Haven
5/3/2006 12:29:52 PM
PGPM tightening now .20/.21 eom BB's Penny Haven
5/3/2006 9:26:09 AM
PGPM B/A .18/.20 8:55AM e/m Pilgrim Petroleum Corp. (PGPM)
5/3/2006 8:56:26 AM
PGPM B/A .18/.20 eom BB's Penny Haven
5/3/2006 8:55:26 AM
Yeah IKMA is a scam. Thanks so much BB's Penny Haven
5/1/2006 11:01:11 AM
Why the big sell off for IKMA? What BB's Penny Haven
4/28/2006 12:09:25 PM
I know did my DD!! It is going to BOOOOOM!! UPPPP!
blur..I am loaded up and waiting for the market to discover TXXN....its now starting. This was a RTO and the market is just now starting to take notice. With the product launch, and the expansion into new markets....theres a lot of good news on the horizon!
They have the unique product/service that has the demand with very aggressive knowledgeable management to carry it out!
Good luck!
I'm loading up on before >>>the official launch date of July 1st, 2006 for its GSM (Global System for Mobile Communications) application in the US. The GSM feature will enhance the already efficient foreign language assisted services offered through the TelePlus 1TouchConnect(TM) (1TC) product, by creating user-friendly functions including proprietary SIM (Subscriber Identity Module) card applications, wider roaming and coverage areas, Enhance Data Rates for GSM Evolution (EDGE), direct dial access from handset for voice and services and more. TelePlus Group is a subsidiary of Texxon, Inc.
As of May 31, 2006 Texxon, Inc. was acquired by TelePlus, Inc. in a reverse merger transaction. Texxon, Inc., an exploration stage company, owns license to process for the extraction of platinum group metals from water in the United States.
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BHP Billiton Ltd. BHP 39.40 0.08% 119.28B 15.39
BHP Billiton plc BBL 35.70 0.36% 108.08B 13.95
Sasol Ltd. SSL 34.91 0.95% 21.66B 11.30
Falconbridge Limited FAL 50.39 2.59% 18.76B 16.75
Peabody Energy Corp. BTU 52.25 3.46% 13.83B 28.02
Texxon Inc. TXXN.OB 0.30 0.00% 10.19M N/A
Error 500 'www.texxoninc.com' Unknown Host. Learn More ...?????
Their ID is highlighted in blue. Go to one of their posts, and click on it. It will show you all their posts. Good close today, and heavy support at .30. Next week should be very good. GLTA
How does someone look up a persons past posts?
How does someone look up a persons past posts?
So many accusations of scams, and your not high on any stock. MMMM! Minor leaguer, you have to at least pump two or three stocks to make it seem your not just on the bash payroll. You need to read the rulebook or they'll fire your ass!
check-mate. You paid pumpers are nothng but immoral thieves and it must suck when someone knows your game better than you.
Looks like you won't be selling to any naive newbies today.
Better luck Monday.
One needs only check out your previous posts. YUP, BOILER ROOM EMPLOYEE! Which one is it? Your minor league.
Typical pumper can't respond to the FACTs as spelled out by the company itself so resorts to pumping 101. Perhaps some newbie will read this exchange and do themselves the favor of reading the filings discussing the deal so that they will know QUOTE:
"The issuance of shares to make an acquisition will result in reduction of ownership percentage in the Company for our current shareholders. Any acquisition which we might make would likely require the issuance of substantial shares of our Common Stock. The TelePlus Share Exchange Agreement requires us to issued 81,000,000 shares of our Common Stock, which will be equal to approximately 63% of the Company, fully diluted. The result will be that pre-transaction shareholders of the Company will experience a reduction in their percentage of ownership."
Paid pumpers always get offended when someone knows more about their game than they do.
Sorry pal, know your game.
What boiler room do you work in Crazzygrl? You up in CT? ROLLOUT IN JUNE! JUST CAN'T WAIT CAN YOU!
And just so nobody is confused, the next line in the 10Q reads:
"...the Company will provide TelePlus with publicly-trading status which, in turn, will permit the Company to raise capital to support TelePlus."
translation= teleplus can't support itself so we will support via dilution. dilution means only that we will screw the retail investor. It's not complicated, they pump it up and then shit all over the little guy. Good luck trying to figure out where the pump ends and the dump begins.
keep trying.........
TXXN doesn't have the funds but the new entity (teleplus) as it was a RTO......will be able to get it!
That info from the 10Q was for the period ending 31 March 2006 and the aquisition was completed on 30 May 06! Therefore all that 10Q reflects a shell (TXXN) and not with Teleplus!
More from the 10Q:
"The Company has insufficient cash and financial resources to support any acquired business. The Company does not have the financial resources to support any acquired business, including that of TelePlus. "
I suggest that you read all the filings and visit the website (HA-HA) before you ask whose motives really need to be questioned here?
Texxon was a shell, and hence, no revenue. Teleplus was just acquired by Texxon, and the product is being rolled out as we speak. Before posting, it may be wise to check the recent news on Texxon. Somebody may misinterpret your motives Crazzygrl.
Good to be here Jane. I've been in since .05. This stocks going to $3 real soon. Load the boat.
Check out the website at http://www.texxoninc.com/
Nada - Nothing
Check this quote from their 10q 5/22/06:
"Currently, Texxon, Inc. has no revenue and can not satisfy its cash requirements for the next twelve months."
Smells like an penny scam to me.
Hello. Good see you out there. The more I read, the more I like. Nice volume -, not too crazy.
ciao
I'm here. Look for TXXN to shoot past the dollar mark, and hit the $2-$3 mark in short time. The company is expecting to hit $5 million in revenue to the first year, and also expects to ink more deals with major carriers. The future is very bright for this company, and they have a top notch CEO. Look for the run to start within the next couple of days as investors are becoming aware of this severely undervalued stock. GLTA!
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