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Merry Christmas all,
have a great and profitable New Year.
Just confusion on my part.
What is the relivence of record date compared to Ex-date. I feel you must be correct as the recent announcement had a positive effect on UAMA shares.
My understanding is the record date is the share holder list they use to pay the dividend and the ex-date is the day they pay it. (ok sometime in the future but only to those investors in the past)
I except i'm wrong it would just be nice to why...
My other reason for mentioning this was that the ex-date was just before (by one day from memory) UAMA bought a fairly insignificant company by diluting it's shares. If the ex-date has been reset then these diluted shares would become part of it.
Am I wrong / or just been stupid ?
No ex-Date?
I thought that was settled sometime last year. I havn't heard that it has been changed, So as I read it UAMA is responsible for debts (If teliphone can't pay which is unlikely) for something which has already been spun off. Personally I don't care (I am part of the spin off) but I'm confused as to why others who are only in UAMA are happy with this.
Rig
What's your take on this ... Have I missed a filing ??
Hi Rig,
are you still holding the UAMA shares until the OSK ones appear in your account or have you sold these ones yet. At the moment I am holding both as essentially I believe OSK is currently owned by UAMA so they could still change the way the spin-off is done.
I'm still in ALMI which I believe is one of yours as well, hopig for some possitive news there in the new year.
propably talking to myself on this board, but if anyone is listening
Teliphone (OSK) has released an 8K, essentially a deal with 2 other companies, i haven't read it completely but it looks like it's brought them out....
NNAN is delivering trial quantaties for the processed tubes to a fortune 100 company (more in the pipeline)
Does this mean the process has been developed and is working. Does anyone have a view if it can be scaled up to industrial quantaties.?
I assume if the answer to the above is yes or at least soon, then the next step for ALMI is to build the process on-site at the mine.
the 10K is out
oh and one for UAMA too + an 8k
On November 8, 2005, Mr. Benoit Laliberte resigned as our Chief Executive Officer, Chief Financial Officer and as a member of our board of directors. There was no known disagreement with Mr. Laliberte on any matter relating to our operations, policies or practices.
On November 8, 2005, Mr. Gilles Pollquin resigned as a member of our board of directors. There was no known disagreement with Mr. Pollquin on any matter relating to our operations, policies or practices.
On November 8, 2005, Mr. Simon Lamarche was appointed as our Chief Executive Officer, Chief Financial Officer and as a member of our board of directors.
Since June 2004, Mr. Lamarche has acted as an independent consultant with our subsidiary, Teliphone, Inc. From January 2004 to June of 2004, Mr. Lamarche was Director of Sales of MicroQuest, a company specializing in retail and business sales and integration of computers and networking equipment. From January 2002 to the end of 2003, Mr. Lamarche was President of Vectoria Informatiques Telecommunications Inc., a company specializing in advanced, internet-based telecommunications and specialized computer networking within business and residential applications. Prior to 2002, Mr. Lamarche was Director of Sales at Jitec Corporation, a company specializing in software development, computer networking and retail sales.
There are no family relationships between Mr. Lamarche and any of our directors or executive officers.
Other than acting as a consultant to our subsidiary, Teliphone, Inc., Mr. Lamarche has not had any material direct or indirect interest in any of our transactions or proposed transactions over the last two years.
Notification of late filing posted for OSK (Teliphone)...
How long is this going to take....??
I doubt that will happen. I don't know why UAMA always does this but it is business as usual. I don't expect much over the next few weeks, but i do expect a filing in the next few days.
My guess Monday.
The main point of interest is the revenues they have been stating in PR's. Lets see if they are present in the filing.....
Yes i would say that is THE 8k. It's certainly looks like a full disclosure of what's going on and who owns what.
An interesting paragraph.
The Company is currently negotiating financing in the form of a bridge loan for
a total of USD$800,000 and is planning a private placement financing on or
before December 31, 2005 for approximately USD$4,000,000 to a maximum of
USD$8,000,000 in order to expand the launch to other regions and launch other
Products. No assurances can be given that such a loan will be consummated.
Seen as the total value of OSK (taken to the value of teliphone when held by uama.) was no more than $10 Million, probably much less, A private placement would be a significant dilution.
Lets hope they add a bit of share holder value before that happens.
An NT10-Q has been posted for OSK - Late Quarter results. So they should be posetd in a couple of weeks. I guess the same holds true for UAMA
the 8k has been posted for OSK.
Very boring but thought i'd let you know
Thats what the process is all about. The seperation has been done in the labs, they are now working on getting the same results on an industrial scale.
As for seperating fly poo from pepper thats easy......
Pepper floats.
Yes it went unnoticed but for the moment that dosn't really matter. Once earnings are reflected in the quarters results instead of unaudited PR's the stock price will take care of it's self.
One of my other plays recently started flirting with the likes of ceocast and other similar set-ups in an attempt to get their message out to the business community. I personally don't like this strategy unless they need a higher Stock Price before making a private placement. (Which incidently this other investment did).
My view is to run the business , make it very profitable and then grow the business with the profits. However I accept this is an over simplified view of the world and they may need to raise funds. In which case I would like a much higher price ($1 +) before any private placements are made.
Anyway a nice shareholder update. GLA
I think there is only so much TA one can do with just over $1000 of shares traded....
But still. You could be right.
Anyone have any idea as to the time-lines of the OSK Capital II stuff. As far as I can tell they still have not filed anything with the SEC. I'm thinking Early September as that would give them 2 months to sort thinks out, which seems reasonable.
What exactly is NaturalNanos business. Is it to eventually produce these materials or allow other to do so under patent. Does anyone know if they have yet started at the mine on the extraction process.
Another question. Does anyone have any info on Lintech or is this now a dead duck. (I would be quite happy if it was).
Well reading between the lines the implications of this are obvious.
I expect more news to follow
Just read todays filing. It looks like the private placement is with a couple of funds related to IBS for a purchase price of $0.91. (if I have read it correctly).
Has anyone got a view on the total share counts and who owns what with 1 Million shares over (ie the funds and ALMI directors). I also understand that these new shares are currently restricted. Is this true and if so for how long.
My guess would be within 2 months at the most, although I would expect the date to become clear within a few weeks. I think they are getting the financing sorted out first, then roll it all out at the same time.
As of today they have not filed anything with the SEC to indicate it will be anytime soon
Bored in the office so started looking up George Metrakos. (Now the new CEO of OSK Capital II) - Teliphone
Answering the Mobile TéliPhone
Filed under: News & Events -- evilbunny @ 1:36 am
There are other VoIP providers out there that offer mobile service to customers with WiSIP (Wi-Fi Session Initiation Protocol) phones--BroadVoice comes to mind--but Montreal-based TéliPhone is the only one we know that led with a mobile service. Mobility is the company's raison d'etre, though it does now offer Vonage-like wireline VoIP services as well.
"We wanted to focus on the mobility option," says CEO George Metrakos. "We had [developed] a much more advanced [back office] mobile platform, and went with mobile as a way to differentiate ourselves in the market."
TéliPhone, which moved into the U.S. late last year after first launching in Canada, is also interesting for the innovative business approaches it's taking to ensure Wi-Fi phone customers can actually use their phones when they're away from home or office--and to lay the groundwork for the coming era of dual-mode celluar/Wi-Fi phones.
The company is a subsidiary of United American Corp. (UAC) , nominally based in Las Vegas, but also Canadian in origin. UAC has three other VoIP-related subsidiaries. One is a carriers' carrier with a point of presence in Haiti for serving the Caribbean. The group also includes an enterprise VoIP consulting firm and a financial services group. However, TéliPhone is responsible for "about 98% of the activity" at UAC right now, says Metrakos.
TéliPhone started test marketing the mobile VoIP service in Montreal in August 2004. It is now selling through several retail outlets, mainly in Montreal. Signed-up subscribers today number "in the thousands," Metrakos claims, though many are in the pipeline and not active yet.
"Today we're growing at about 100% a month," Metrakos says. "We obviously started with a small base so that may seem misleading, but we're exploding in terms of sales growth right now. About 75% of the customer base is wireless, but we think wireline is going to be 50% by March or April."
The mobile service will continue to be the company's flagship offering, though, Metrakos says.
TéliPhone is using a business model borrowed from the cellular industry to kick-start the market for mobile VoIP. It is using the same Taiwan-made WiSIP phone as Pulver Innovations (and others) in the U.S.--TéliPhone has exclusive rights to distribute the product in Canada--but where Pulver is selling the phone for $250, TéliPhone offers it for as little as $80 -- with a 12-month commitment to buy the company's VoIP service.
Customers pay a little over $16 a month for unlimited incoming and outgoing calling in the local coverage zone, which includes Montreal, Toronto and New York. The price includes a voice-mail box, caller ID and 60 minutes of free long distance calls. Additional long distance time is charged at rates that begin at 3.25 cents a minute for calls to the UK and other Western European countries.
For an additional $8 a month, TéliPhone subscribers can turn Canada and the U.S. into one big free calling zone. For $4 extra a month they can get unlimited free calling in just Ontario or Quebec.
Offering the handset as a loss leader is part of the company's strategy for making VoWi-Fi fly. The other part is working with hotspot operators to ensure that phones will work in public access locations. With the presence management features in SIP, the network can find a subscriber anywhere they have connectivity. This means TéliPhone can offer subscribers a follow-me call-forwarding service. It also offers another key capability.
"We can identify the hotspot where a call is made or taken," Metrakos says, "which provides some interesting marketing advantages."
Because it can track which hotspots originate and terminate calls, TéliPhone can and does offer revenue sharing to operator partners that agree to ensure the port settings at their hotspots are adjusted to enable VoWi-Fi. In many cases, WiSIP phones like TéliPhone's won't work in hotspots because of the network settings in place. The company can also provide a branding opportunity for hotspot owners--a message before a call is placed saying, "Thank you for using Starbucks," for example.
"It's an agreement that takes about 15 minutes to resolve with hotspot operators, and these partnerships allow us to get over the hurdles [of ensuring correct network settings for VoWi-Fi at hotspots]," Metrakos says.
The company has already established one partnership with Montreal-based Tadaa Wireless, which gives subscribers access to about 125 hotspot locations, mostly in hotels, cafés and restaurants in Montreal. "Now we have this agreement in place, we can look at other potential roaming partners, like Boingo and iPath," Metrakos says. "We can approach them with the same revenue sharing model. Boingo alone would open up 22,000 locations worldwide."
In the meantime, the WiSIP phones often do work away from a home or office Wi-Fi network. While the company doesn't promote the fact, it's possible to use the phones for free on many unprotected WLANs. "I travel frequently and I've used it all over," Metrakos says. "In some places you can use it as you would a cell phone there's so much open Wi-Fi from apartments and stores. But it's is almost like a black market, so we don't advertise the fact."
For customers that want to use VoWi-Fi but also want to ensure they can get calls wirelessly wherever they go, TéliPhone offers its iPCS service, which combines GSM cellular and Wi-Fi. For now, they must carry two devices--a cell phone and the WiSIP phone--but both have the same number. If the subscriber is in range of an Internet-connected Wi-Fi network when a call comes in, both will ring. They simply answer the WiSIP phone to avoid cellular charges.
The company resells GSM service from Rogers Wireless and has integrated back office functions so that customers get a single bill. It also automatically routes long distance calls made on the GSM phone over its VoIP network, so subscribers are charged for a local cellular call plus the applicable VoIP long distance rates, rather than much more expensive cellular long distance rates.
"It's a complex short-term solution," Metrakos admits. The two phone approach--which TéliPhone somewhat confusingly refers to as "dual mode"--will soon give way to single dual-mode phones, promised by most major cell phone makers for later this year. In the shorter term, the company will have PDA smart phones running VoIP software available within weeks.
Even further down the road, TéliPhone is eagerly anticipating the possibilities WiMax promises.
"WiMax starts to make outdoor public hot zones more viable," Metrakos says. "There is obviously no [phone] hardware available yet that is WiMax compatible, but we're planning a number of different initiatives. By 2006 and 2007, as WiMax becomes prevalent, we think it will become one of the main competitors for 3G cellular. And we should be in very good position to compete."
Yes
The way i read it is that 25M shares will go to us UAMA holders, leaving OSK with 100M authorised which may or may not be used in obtaining financing. We will just have to wait and see.
For anyone thats interested.
You can use the following address to check for all OSK Capital II filings. There are a few bits there like change of directors etc etc. Also the number of outstanding shares was increased to 125M from 25M in July 2004.
http://www.sec.gov/edgar/searchedgar/cik.htm
Just type OSK into the company box and select OSK Capital II
For reference the CIK number is 1101783
Yeah, looking at the filing it's for the employees at UAMA. Probably including the director. (It may be linked with that Dialek deal.. ie you give us your company and we will give you some shares).
Interesting it was filed the day after the Telicom record date. So it will not dilute the spin-off.
I wouldn't hold your breath. These things take time. (possibly a long time)... thats why i expected a PR to provide a dividend payout date.
Even large companies paying cash dividends take a couple of weeks, but the dates are known up front.
OK the 30th has been and gone.
I expected a release today to say everything is going through. Are we now all expecting our spin-off shares in the next couple of weeks.??
10QSB is filled
Great stuff
I look forward to the reply
You are a star
Does anyone have any information / opinion on how things are going with Lintech. I thought that at least some clay would be going through this channel by now if only to cover costs. Someone posted a few weeks back that they had received some samples. (Any update ???)
Atlas is still not on the suppliers page, nor is out clay listed as an available product.
That was me again, got the last 30k.
Holding 100k. Good luck to us all
Well you can thank me for the rebound yesterday as i added to my holdings on the dip (partial fill (10k) ... they didn't want to give me all 40k). I just don't understand why there is any selling at this level. Assuming the reverse merger goes through this is a no-brainer until then.
I though the same about ALMI at 19c and that went to $1.50 in a few months. I just couldn't work out why others couldn't see it.
Incidently when they released the last PR to prop up the price on the last dip did anyone notice the wording is in past tense.
"The organization has recently spun-off its VoIP services company, Teliphone Inc., where shareholders received a property dividend of the new corporation"
I think the Pr was originally sheduled for early June but they brought it forward and forgot to edit the text.
having read the uama press release again. the full 25M shares will be exchanged for the 104 shares of teliphone. Therefore the current holders of OSK will have nothing to do with us. This is good news. They will probably be paid in cash.
Teliphone will release details of its financing plan shortly. This again is good. Looks like everything is set to go.
Shareholders of record effective May 30, 2005 will be entitled to receive their property dividend. Mark the calendar.
Very sorry wrong board
having read the uama press release again. the full 25M shares will be exchanged for the 104 shares of teliphone. Therefore the current holders of OSK will have nothing to do with us. This is good news. They will probably be paid in cash.
Teliphone will release details of its financing plan shortly. This again is good. Looks like everything is set to go.
Shareholders of record effective May 30, 2005 will be entitled to receive their property dividend. Mark the calendar.
i don't see the 1:1 vr 1:0.5 very important. I read the 10K filing for OSK Capital II and they had about 3 million+ outstanding 25M authorised. From what i can tell all but a handfull of those 3million+ shares is held by 3 people. I guess for us to get the full 25 Million they must be handing these over for a cash settlement.
Therefore Teliphone will own 100% of the OSK capital shares.
of the 104 shares of teliphone 100 is owned by UAMA. I suspect UAMA will keep 20% or so to retain an interest in the company.
Probably in OSK shares.
Any ideas ???
Not too happy with this, this is from the streecast.tv website under backers
ALMI: Streetcast.tv has been compensated an additional $67,500USD for Advertising Services.
Are we making so much money here we can aford to throw it away pumping the stock....
I know I'm repling to my own post but have thought of something else.
another reason a private company would want to sell to a shell. Is the cash the current owners get. IE the shell borrows money to buy the company suppling it with a set of instant shareholders. The deal goes through and the company owners get paid twice once in cash and again in shares.
In the Case of Teliphone UAMA would get cash and enough shares to pay us a dividend in shares. So Uama would be worth more in cash and we would own some of Teliphone (all be it a diluted version).
I'm still not convinced but it's perhaps not quite as black as i once thought.
I to read this as a shell but am not too clear as to why this would be a benifit to us. A publically traded shell has a value (it's shareholders) and normally sits around 1M. It would make sense for a completely private company often with complicated dept structure to takeup this option as they can refinance at the same time. The shell takes over the company (but in reality is managed by the once private company when the old management steps down). Old depts settled etc etc.
In this case I don't see the advantage. Teliphone needs new financing but dosn't need to clear any old stuff. Also what is UAMA once teliphone is sold off but a shell (currently worth about 4M). Teliphone is already traded publically under UAMA by merging with a shell we are diluting around 1M in value to the owners of the shell. The only people I see gaining here are
1) The shell owners.
2) Directors of Teliphone who can give themselves free shares.
3) and probably the Directors of UAMA for the same reason.
What am i missing here.....
it means they are so late filing the financials the OTC is getting pissed off with them. They need to file the 4Q results upto December last year.