If You Can't Be With The Stock You Love, Love The Stock Your With!! (ci)
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Flint Telecom Cut Operating Expenses by 73% in Q1
Restructuring and repositioning for a much better revenue position next year imo.
Flint Telecom Group, Inc. (OTC.BB:FLTT - News), an International Telecoms Technology and Services Organization, announces that in its recently filed SEC Form 10Q for the 1st quarter ending September 30, 2010 the Company showed a decrease in operating expenses of 73% compared to the same period the previous year. Flint Telecom also reduced its operating loss by 80%, from $2.2 million to $0.4 million year-on-year.
Looks like this .0026 could be solid support.
Be surprised to see .0021
Who grabbed the .0026's for 50% today?
Day traders loving the action
Revenues for the three months ended September 30, 2010 decreased 4% to $4,436,760 as compared to $4,603,647 for the three months ended September 30, 2009. This decrease is due to management’s focus on mimizing bad debt risk in the prepaid segment given the tough economic climate the low gross margins generated by this segment.
Reporting on November 15, 2010 10Q page 22
With the economy, 4% decrease in revs would be a great relief to most US companies.
Reporting the Growth of Flint; went from operating their business through 4 wholly-owned subsidiaries to 6 wholly-owned subsidiaries under 1. Organization and Formation Page 9
Good luck today Gang !
ManicTraders Weekly Picks~ What i'm Following
More picks and Technicals to be found at stockgoodies forum
ANW Watch for confirmation monday
S Looks ready to go
AEN Think she pulls back to .76 before continuation
HNSN Alert
TGB Has to hold 4.49
Again for more detail check forums
This website profile is provided for information purposes only and should not be used as the basis for any investment decision.
I am neither licensed nor qualified to provide investment advice.
I may or may not be paid to post stocks and all posts are only my opinion.
Always do your Due Diligence and never invest or trade more than you are willing to lose.
For a Full Disclaimer http://bit.ly/cOtXwM
ManicTraders Weekly Picks~ What i'm Following
More picks and Technicals to be found at stockgoodies forum
ANW Watch for confirmation monday
S Looks ready to go
AEN Think she pulls back to .76 before continuation
HNSN Alert
TGB Has to hold 4.49
Again for more detail check forums
This website profile is provided for information purposes only and should not be used as the basis for any investment decision.
I am neither licensed nor qualified to provide investment advice.
I may or may not be paid to post stocks and all posts are only my opinion.
Always do your Due Diligence and never invest or trade more than you are willing to lose.
For a Full Disclaimer http://bit.ly/cOtXwM
ManicTraders Weekly Picks~What i'm following
More picks and charts to be found at stockgoodies forum
ANW Watch for confirmation monday
S Looks ready to go
AEN Think she pulls back to .76 before continuation
HNSN Alert
TGB Has to hold 4.49
Again for more detail check forums
This website profile is provided for information purposes only and should not be used as the basis for any investment decision.
I am neither licensed nor qualified to provide investment advice.
I may or may not be paid to post stocks and all posts are only my opinion.
Always do your Due Diligence and never invest or trade more than you are willing to lose.
For a Full Disclaimer http://bit.ly/cOtXwM
almost 19 million volume for the day
the ask back to 48
13mil volume in 30 mins
LONG TERM GUYS KNEW THE DEAL !!! CONGRATS GANG !!!
What a screaming buy at the 20's Dang
LOOKS like DILUTION is OVER and We can Finally Enjoy the RIDE !!!
Finally cutting her loose Weeeeeeeeeeeeeeeeeeee
$FLTT FLINT Telecom~ Not your Average OTC.OB Company
We are always on the look out for undervalued companies or relatively quality unknown ones that are in need of Investor Awareness not promotion (Big difference)
We first profiled $FLTT back in July in our stocks in focus newsletter and since then the stock has over Quadrupled in volume and has run up 1000% to present high of .0135
This stellar run was on NO NEWS !!
Company has come out with great news on acquisitions and increased revenue but performance has been lack luster to say the least with the exception of day traders flipping.
Called company and was told there was no dilution on their part which leads me to believe that there were holders of shares, possible accredited investors. Stock couldnt catch a break while this was going on but seems to be over now.
Companies selling blocks of shares at a discount is nothing new to investors but when its for the greater good of company and not for pocket change is what i look for.
Flint Telecom is a real deal OTC company going places imo. Shareholder friendly, Acquisitions, Increasing revenue and turning a profit?? What more you want?
80% and climbing Weeeeeeeeeeeeeeeeeeeeeeeee
We knew what a buy it was down in the 20's but no one listens lol
Flint Telecom Creates Mobile Payments Infrastructure
[/bfinance.yahoo.com/news/Flint-Telecom-Creates-Mobile-iw-285845463.html?x=0&.v=1[/url][tag]insert-text-here
OVERLAND PARK, KS--(Marketwire - 11/11/10) - Flint Telecom Group, Inc. (OTC.BB:FLTT - News), an International telecoms technology and services organization, today announced the creation of a robust, fully secure and scalable, mobile payment infrastructure that will allow registered users to transfer money and perform other financial transactions from their cell phone. Initially available in the United States, and rolled out in multiple countries thereafter, first generated revenues are expected as early as the first quarter of next year.
With this service, registered users will be able to transfer money to relatives and friends and to pay bills with a simple text message or secure phone call.
Bernie Fried, President and COO of Flint Telecom Group says, "This innovative platform gives superior levels of customer service and convenience for mobile financial services, coupled with the security, scalability and robustness necessary to perform such transactions. Our platforms are certified at the highest level of security and industry conformance. In addition, not only will this innovative new approach to transferring funds bring a new level of convenience for registered users, the fees charged will be less than those charged by leading money transfer companies today."
According to the GSM Association, the Mobile Standards Organization, by 2012, the number of recipients of international mobile payment remittances could reach 1.5 billion and the size of the remittances market could total US $1 trillion.
Vincent Browne, Chairman and CEO of Flint Telecom Group, commented, "Mobile banking on cell phones will extend financial transaction services to millions of people on a global basis in the coming years. This service is made possible by our recent acquisitions that provide a fully integrated mobile payment processing infrastructure, resulting from many years of development and operation. We believe that we can attract in excess of 250,000 new clients within the first twelve months, generating over $2 million in daily transactions from which Flint will receive a processing fee. This will have a direct, positive effect on Flint Telecom Group revenues and margins as it is rolled out through our strategic partners in the U.S. and internationally."
About Flint Telecom Group, Inc.
Flint Telecom Group Inc. is a fast growing Telecoms Technology Organization with a portfolio of companies that deliver next-generation IP communications Products and Services. The Company was founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Flint Telecom has grown both organically and through corporate activity and is traded on the OTC Bulletin Board® (OTCBB) under the ticker FLTT.OB. Additional information may be found at www.flinttelecomgroup.com
This press release contains forward-looking statements, which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expects", "intends", "believes", and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, risks associated with the integration of businesses following an acquisition and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
Investor Relations Contact:
Email Contact
How high you guys think she'll go today?
How you guys like her Now? lol
Too much negative posts. Seems people think a stock must continue to go up and never down?
Story is real and continues
42% green!!!
INIS International Isotopes Inc Interview CEO Steve T. Laflin Nov 11,2010 at PM EST http://bit.ly/9jVOez
Holy smokes, the train has left the station!!!
Look at her go :)
Great volume today :)
Flint Telecom Creates Mobile Payments Infrastructure
Great News out
insert-text-here
Hey Gang, best o luck today !!!
Yeah a short squeeze would be great !!!!!!!!
Seems to be holding that .0026
Lots of Traders are having a blast buying dips and selling rips
We should have some support confirmation today
Hey Gang hope everyones weekend was good
Hey Gang! 11/8 Picks for the Week i'm following
SOMX $$$$$$$
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TRLG
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CHRS~ $$$$$$$$$$$
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FCEL
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Spec Play DVOX
I have alot of charts posted prior to mondays open in stockgoodies forum and in much more detail
This website profile is provided for information purposes only and
should not be used as the basis for any investment decision.
I am neither licensed nor qualified to provide investment advice.
I may or may not be paid to post stocks and all posts are only my opinion.
Always do your Due Diligence and never invest or trade more than you are willing to lose.
For a Full Diclaimer http://www.stockgoodies.com/terms_of_use.php
Hey Gang! 11/8 Picks for the Week i'm following
SOMX $$$$$$$
------------------------
TRLG
------------------------
CHRS~ $$$$$$$$$$$
------------------------
FCEL
------------------------
Spec Play DVOX
I have alot of charts posted prior to mondays open in stockgoodies forum and in much more detail
This website profile is provided for information purposes only and
should not be used as the basis for any investment decision.
I am neither licensed nor qualified to provide investment advice.
I may or may not be paid to post stocks and all posts are only my opinion.
Always do your Due Diligence and never invest or trade more than you are willing to lose.
For a Full Diclaimer http://www.stockgoodies.com/terms_of_use.php
Looks like they are going to be turning a profit with these acquisitions sooner than we thought 8)
Flint Telecom Launches Exciting Prepaid Debit Card Program in Partnership With Alterna Card Services Inc.
http://finance.yahoo.com/news/Flint-Telecom-Launches-iw-186108245.html?x=0&.v=1
OVERLAND PARK, KS--(Marketwire - 11/03/10) - Flint Telecom Group, Inc. (OTC.BB:FLTT - News), an International telecoms technology and services organization, through Power2Process, a wholly owned subsidiary, announces the launch of an exciting new valuable prepaid debit card program under a partnership program with Alterna Card Services, Inc.
The partnership program allows Alterna prepaid debit cards to be sold, registered and loaded in targeted retail outlets in areas with high immigrant populations across the United States. The Alterna debit card provides financial freedom and security for immigrants, non-banked consumers, and anyone looking for a better way to manage money. The Alterna Card works just like any bank-issued debit card, without ever having to worry about overdraft fees or the risk of going into debt. Alterna will offer their customers a range of everyday services not normally available to them, such as withdrawing money from any ATM Worldwide, paying bills online, and having payroll checks deposited directly to the card, which cuts down on cumbersome check cashing queues and costs.
Even more significantly, Alterna customers will be able to send money around the world instantly as a convenient low cost alternative to traditional international money transfer services such as Western Union. Furthermore, under this program Alterna will integrate Flint prepaid calling services with special discounts on international calling from the same card.
Alterna expects to start distributing Flint debit-cards through participating retail outlets as early as next month. Alterna is the innovator of a patent-pending prepaid card loading process which loads prepaid debit cards at the Point of Sale. Alterna will adjust their existing POS terminals that are presently configured to load gift cards, to facilitate Flint pre-paid Debit Cards.
Alterna Card Services is a full-service sales and marketing company, well established in population centers with a high concentration of unbanked, immigrant and natural born citizens. Alterna provides knowledge and expertise in the prepaid industry, with money sharing programs, specifically designed for people unable to obtain bank accounts due to credit issues or citizenship status.
Prepaid services are among the fastest growing service industry segments globally. In 2007, The World Bank estimated that worldwide remittances exceeded $318 Billion. Independent research commissioned by MasterCard estimates the U.S. market opportunity for branded pre-paid cards to be in excess of $440 Billion by 2017, a 400% increase over the market value estimated in 2009.
Madeleine Tapia, President of Alterna Card Services, Inc., commented on the partnership program, "The acquisition of Power2Process by Flint Telecom is very good news for our Company. Alterna's specialized footprint for retail stores includes our Alterna Kiosk and LCD display which also serves as cross-marketing and advertising platform. We expect the Alterna prepaid MasterCard debit cards to immediately address a market of over 12 million unbanked non-U.S. citizens, plus over 30 million unbanked U.S. Citizens across the country."
Bernard A Fried, President and COO of Flint Telecom Group, commented, "The partnership program with Alterna Card Services Inc. proves the value of our Power2Process acquisition. There are several financial processors in the U.S. that provide processing for debit card programs, however not many offer all of our features. The reason debit card program managers continue to choose Power2Process is because of its integrated features and the competitive price offered to them. The partnership is specifically designed to be geared towards the highest demand and faster growing markets in the U.S. today. Power2Process will earn a monthly fee per active card and a processing fee per every transaction per card generating recurring and growing revenues into the future."
About Flint Telecom Group, Inc.
Flint Telecom Group Inc. is a fast growing Telecoms Technology Organization with a portfolio of companies that deliver next-generation IP communications Products and Services. The Company was founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Flint Telecom has grown both organically and through corporate activity and is traded on the OTC Bulletin Board® (OTCBB) under the ticker FLTT.OB. Additional information may be found at www.flinttelecomgroup.com
About Alterna Card Services Inc.
Alterna Card Services is a full-service Sales and Marketing company in the Hispanic, Caribbean and unbanked markets. Strategic partners include leaders in the payment processing, financial services, and retail distribution industries. Together with these strategic partners, Alterna Card Services provides our customers with financial services and electronic funds management and funds-movement products and services specifically designed for them. Alterna distributes its products and services through its retail and corporate partners. Additional information may be found at www.alternacardservices.com
This press release contains forward-looking statements, which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "intends," "believes," and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, risks associated with the integration of businesses following an acquisition and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
Investor Relations Contact:
Email Contact
I agree mits, This acquisition is huge for Flint !!
Great work on digging up the research
Nice Work on the DD Gang !! I knew the acquisition was huge but most don't listen and complain about pumping etc lol
Quality OTC companies are hard to find but out there.
Flint seems fairly shareholder friendly, positive revenue and working on growing business to make more revenue not just by diluting shares for income like so many others.
Seems BLOGTALK Dropped our call! We apologize for the trouble
ManicTrader the host
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