If You Can't Be With The Stock You Love, Love The Stock Your With!! (ci)
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Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
GOOD MORNING VAN & GANG!!
GOOD MORNING GANG
GOOD MORNING GANG! GOOD LUCK this WEEK
Good Morning gang !!TI 8)
BUZZ is Everywhere Now !! 2 Funny..
WASSSUP Boyz, Have a great weekend eh!
CONGRATULATIONS MATT!!! SUCKERRRRRRRRRRR HAHAHAHAHAHA ! JKING 8D
Hey TI Nice board !! Got ya marked 8)
I loves the siver too !!! What other FX metals trade? besides gold n silver that is?
Yes we did hahahaha They finally cut her loose!!
Keep telling peeps in the chat room IDIX is a buy on the pullbacks but no one listens looooooooooool
What a nice mover for the volume
Cmon MM's CUT HER LOOSE lol
SWEET 6 on the ask!!! Here we go gang!!!!!!!
Listen to Interview tonight here! SaviCorp Interviewed by Fastest Growing Stock Trading Community
Stockgoodies is totally FREE to join and we don't spam! To listen at 8:00 pm est tonight go to link and register http://www.stockgoodies.com then click the radio tab and at 8 pm click on blog talk banner and will bring you right to the interview.
Thank you all and any questions feel free to ask
manic
SANTA ANA, Calif., Oct. 7 /PRNewswire/ -- SaviCorp (Pink Sheets: SVMI) (SVMI) announced today that company CEO, Serge Monros, is the featured guest interview on the fastest growing Stock Trading community, StockGoodies.com Radio. The entire interview will be available online October 07, 2010 at 8:00 p.m. EDT.
Hosted by Malakey, the 25 minute interview covers a full spectrum of SaviCorp and DynoValve related topics, including biographical information, company history, DynoValve development/testing, staffing, and touches upon SEC matters and strategic planning.
"It's always a positive thing to promote DynoValve wherever we can," said Serge Monros, SaviCorp CEO. "We have tremendous confidence in the DynoValve and believe the brand can become one of the most credible of 'Green' automotive products on the market today. I'd like to thank Malakey and StockGoodies.com for extending us the opportunity of reaching the investing community."
The interview can be heard at http://www.blogtalkradio.com/stockgoodies. The archived version is located on the homepage of www.StockGoodies.com.
SaviCorp will be promoting DynoValve at The Green Fleet Conference in San Diego on October 18th and 19th, as well as SEMA in Las Vegas during early November.
About StockGoodies.com
StockGoodies is a leading chat forum, perspective, and marketing intelligence on all forms of equity trading: pennies, micro-cap, mid and large cap and options. The company's vision is to empower self-directed investors by narrowing the gap between individual traders and professionals.
About SaviCorp
SaviCorp is the evolution of more than twenty years of automotive engine emissions testing and materials research and development. The Company was formed to create, support and license a patented supplementary vehicle emissions reduction and fuel efficiency technology to reduce emissions and improve efficiency. Using proprietary methods and processes, SaviCorp's DynoValve (www.dynovalve.com) saves fuel, improves performance and protects the environment, extending engine life, lessoning the carbon footprint, resulting in dramatic savings in both fuel and oil.
SaviCorp is a publicly traded company (SVMI) (http://www.SaviCorp.com).
Safe Harbor Statement
This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate,'' "believe,'' "expect,'" "future,'' "intend,'' "plan,'' and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain other Joint Ventures. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission.
Contact
Serge Monros
Savi Media Group, Inc.
(877) 611-SAVI begin_of_the_skype_highlighting (877) 611-SAVI end_of_the_skype_highlighting ph
serge.monros@savicorp.com
http://www.savicorp.com
I am here grasshopper lol. How can i help?? Lets go 5's!!
Flint to Offer Exciting 'Mobile Remittance' Services With Pending Acquisition
Technology Acquisition Will Allow Users to Transfer Money Directly From Their Cell Phones
OVERLAND PARK, KS--(Marketwire - 09/29/10) - Flint Telecom Group, Inc. (http://www.flinttelecomgroup.com) (OTC.BB:FLTT - News), a Telecom Technology and Services Organization, announces today that it is nearing completion of the due diligence process to acquire 100% of a U.S. based international remittance company. Following the successful completion of the necessary due diligence which is already underway, the transaction is expected to close within the next 30 days.
This acquisition will allow Flint Telecom to access the international market of mobile money transfer, which Juniper Research believes to be worth $65 Billion worldwide by 2014.
Eliminating the need and expense of money order transfers to foreign countries, Flint Telecom will establish a system of prepaid debit cards through its existing market outlets. This will allow people and businesses the ability to transfer money internationally using these cards or directly from their cell phones. The system is in complete compliance with domestic and international money laundering and counter-terrorism regulations.
The remittances are practically instantaneous and a cardholder can send funds 24/7 every day of the year directly to the recipient who can then can simply withdraw the funds from a local ATM where they live. The cards will also incorporate Flint's existing wireless and international calling services on a single card with the aim of increasing customer retention and increasing overall profit margins for the group.
CEO Vincent Browne said today: "We are excited with this latest development, as it opens valuable new revenue streams and strengthens our offerings to our existing customer groups. Targeted towards the demographic most likely to use these services first, initial marketing of this highly versatile product will be within our existing market outlets. Coupling this with our recent announcement of the signing of an LOI to acquire an international prepaid debit card company, will allow our customers to transfer money abroad directly from their cell phone if they wish without the inconvenience and high expense of traditional forms of money transfer. We see this as a major advancement for our technology and prepaid business groups and our growth into international markets."
About Flint Telecom Group, Inc.
Flint Telecom Group, Inc. is one of the fast growing Telecom Technology Organizations with a portfolio of companies that deliver next-generation IP communications Products and Services.
Founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Trading on the OTC Bulletin Board® (OTCBB) under the ticker FLTT.OB, Flint Telecom has grown both organically as well as through their corporate activity. 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, 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:
Tony Muratore
Email Contact
Hey boyz!! See $IDIX ?? Hope someone besides Alive caught that :D
Whats shakin Gang !!!!!!!!!!!
Whoops sorry didn't mean to spam. Didn't see post
Winning Brands CEO Interview by StockGoodies.com
Should be a great interview and welcome all to join us tonight at stockgoodies !
http://www.marketwatch.com/story/winning-brands-ceo-interview-by-stockgoodiescom-2010-10-04?reflink=MW_news_stmp
NEW YORK, NY, Oct 04, 2010 (MARKETWIRE via COMTEX) -- Winning Brands Corporation (pinksheets:WNBD) (frankfurt:WMU), www.WinningBrands.com, manufacturer of Winning Colours Stain Remover, World's Most Versatile Cleaning Solution!(TM), will be featured tonight in a one-on-one discussion between Malachy Beare begin_of_the_skype_highlighting end_of_the_skype_highlighting of www.StockGoodies.com and Winning Brands CEO, Eric Lehner. The interview follows the recent launch of Winning Brands' new CEO weblog for shareholders and is characteristic of the higher profile that Winning Brands is gaining since its attainment of the Current Information tier at Pink Sheets.
Mr. Lehner will be heard via streaming link at www.StockGoodies.com from 8:00pm Eastern onward. The interview was conducted on September 30th. Winning Brands has been coming up on industry radar screens recently because its Winning Colours Stain Remover brand is gaining increasing interest from American consumers who are responding favourably to Winning Colours' unusual qualities. Winning Colours Stain Remover was originally developed in Canada, but an increasing number of U.S. retailers are beginning to carry it across classes of trade.
ABOUT WINNING BRANDS CORPORATION: Winning Brands Corporation is a manufacturer of advanced cleaning solutions, including Winning Colours Stain Remover, alternative to conventional solvents. The innovative stain remover and multi-cleaner is much discussed in social media because of its unusual characteristics:
Ok who keeps bid whackin this thing?? Just cut it loose already
Hope everyone had a great weekend ! Good luck this week with your trading
Lets hope we see the continuation of last week!
Good morning Gang. Wish u all well today
Manics picks im watching this week
DYP
DGW
IDIX
CPTS
UCBI
MLNK
ONTY
ISLE
ITG
Manics picks im watching this week
DYP
DGW
IDIX
CPTS
UCBI
MLNK
ONTY
ISLE
ITG
ALOHA mad man!!!!!!!!!!
Hey Gang! Great day here playin Pc's gold lol
Hey gang
Flint to Offer Exciting 'Mobile Remittance' Services With Pending Acquisition
OVERLAND PARK, KS--(Marketwire - 09/29/10) - Flint Telecom Group, Inc. (http://www.flinttelecomgroup.com) (OTC.BB:FLTT - News), a Telecom Technology and Services Organization, announces today that it is nearing completion of the due diligence process to acquire 100% of a U.S. based international remittance company. Following the successful completion of the necessary due diligence which is already underway, the transaction is expected to close within the next 30 days.
This acquisition will allow Flint Telecom to access the international market of mobile money transfer, which Juniper Research believes to be worth $65 Billion worldwide by 2014.
Eliminating the need and expense of money order transfers to foreign countries, Flint Telecom will establish a system of prepaid debit cards through its existing market outlets. This will allow people and businesses the ability to transfer money internationally using these cards or directly from their cell phones. The system is in complete compliance with domestic and international money laundering and counter-terrorism regulations.
The remittances are practically instantaneous and a cardholder can send funds 24/7 every day of the year directly to the recipient who can then can simply withdraw the funds from a local ATM where they live. The cards will also incorporate Flint's existing wireless and international calling services on a single card with the aim of increasing customer retention and increasing overall profit margins for the group.
CEO Vincent Browne said today: "We are excited with this latest development, as it opens valuable new revenue streams and strengthens our offerings to our existing customer groups. Targeted towards the demographic most likely to use these services first, initial marketing of this highly versatile product will be within our existing market outlets. Coupling this with our recent announcement of the signing of an LOI to acquire an international prepaid debit card company, will allow our customers to transfer money abroad directly from their cell phone if they wish without the inconvenience and high expense of traditional forms of money transfer. We see this as a major advancement for our technology and prepaid business groups and our growth into international markets."
About Flint Telecom Group, Inc.
Flint Telecom Group, Inc. is one of the fast growing Telecom Technology Organizations with a portfolio of companies that deliver next-generation IP communications Products and Services.
Founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Trading on the OTC Bulletin Board® (OTCBB) under the ticker FLTT.OB, Flint Telecom has grown both organically as well as through their corporate activity. 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, 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:
Tony Muratore
Email Contact
Flint to Offer Exciting 'Mobile Remittance' Services With Pending Acquisition
OVERLAND PARK, KS--(Marketwire - 09/29/10) - Flint Telecom Group, Inc. (http://www.flinttelecomgroup.com) (OTC.BB:FLTT - News), a Telecom Technology and Services Organization, announces today that it is nearing completion of the due diligence process to acquire 100% of a U.S. based international remittance company. Following the successful completion of the necessary due diligence which is already underway, the transaction is expected to close within the next 30 days.
This acquisition will allow Flint Telecom to access the international market of mobile money transfer, which Juniper Research believes to be worth $65 Billion worldwide by 2014.
Eliminating the need and expense of money order transfers to foreign countries, Flint Telecom will establish a system of prepaid debit cards through its existing market outlets. This will allow people and businesses the ability to transfer money internationally using these cards or directly from their cell phones. The system is in complete compliance with domestic and international money laundering and counter-terrorism regulations.
The remittances are practically instantaneous and a cardholder can send funds 24/7 every day of the year directly to the recipient who can then can simply withdraw the funds from a local ATM where they live. The cards will also incorporate Flint's existing wireless and international calling services on a single card with the aim of increasing customer retention and increasing overall profit margins for the group.
CEO Vincent Browne said today: "We are excited with this latest development, as it opens valuable new revenue streams and strengthens our offerings to our existing customer groups. Targeted towards the demographic most likely to use these services first, initial marketing of this highly versatile product will be within our existing market outlets. Coupling this with our recent announcement of the signing of an LOI to acquire an international prepaid debit card company, will allow our customers to transfer money abroad directly from their cell phone if they wish without the inconvenience and high expense of traditional forms of money transfer. We see this as a major advancement for our technology and prepaid business groups and our growth into international markets."
About Flint Telecom Group, Inc.
Flint Telecom Group, Inc. is one of the fast growing Telecom Technology Organizations with a portfolio of companies that deliver next-generation IP communications Products and Services.
Founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Trading on the OTC Bulletin Board® (OTCBB) under the ticker FLTT.OB, Flint Telecom has grown both organically as well as through their corporate activity. 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, 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:
Tony Muratore
Email Contact
Flint to Offer Exciting 'Mobile Remittance' Services With Pending Acquisition
OVERLAND PARK, KS--(Marketwire - 09/29/10) - Flint Telecom Group, Inc. (http://www.flinttelecomgroup.com) (OTC.BB:FLTT - News), a Telecom Technology and Services Organization, announces today that it is nearing completion of the due diligence process to acquire 100% of a U.S. based international remittance company. Following the successful completion of the necessary due diligence which is already underway, the transaction is expected to close within the next 30 days.
This acquisition will allow Flint Telecom to access the international market of mobile money transfer, which Juniper Research believes to be worth $65 Billion worldwide by 2014.
Eliminating the need and expense of money order transfers to foreign countries, Flint Telecom will establish a system of prepaid debit cards through its existing market outlets. This will allow people and businesses the ability to transfer money internationally using these cards or directly from their cell phones. The system is in complete compliance with domestic and international money laundering and counter-terrorism regulations.
The remittances are practically instantaneous and a cardholder can send funds 24/7 every day of the year directly to the recipient who can then can simply withdraw the funds from a local ATM where they live. The cards will also incorporate Flint's existing wireless and international calling services on a single card with the aim of increasing customer retention and increasing overall profit margins for the group.
CEO Vincent Browne said today: "We are excited with this latest development, as it opens valuable new revenue streams and strengthens our offerings to our existing customer groups. Targeted towards the demographic most likely to use these services first, initial marketing of this highly versatile product will be within our existing market outlets. Coupling this with our recent announcement of the signing of an LOI to acquire an international prepaid debit card company, will allow our customers to transfer money abroad directly from their cell phone if they wish without the inconvenience and high expense of traditional forms of money transfer. We see this as a major advancement for our technology and prepaid business groups and our growth into international markets."
About Flint Telecom Group, Inc.
Flint Telecom Group, Inc. is one of the fast growing Telecom Technology Organizations with a portfolio of companies that deliver next-generation IP communications Products and Services.
Founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Trading on the OTC Bulletin Board® (OTCBB) under the ticker FLTT.OB, Flint Telecom has grown both organically as well as through their corporate activity. 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, 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:
Tony Muratore
Email Contact
Flint to Offer Exciting 'Mobile Remittance' Services With Pending Acquisition
OVERLAND PARK, KS--(Marketwire - 09/29/10) - Flint Telecom Group, Inc. (http://www.flinttelecomgroup.com) (OTC.BB:FLTT - News), a Telecom Technology and Services Organization, announces today that it is nearing completion of the due diligence process to acquire 100% of a U.S. based international remittance company. Following the successful completion of the necessary due diligence which is already underway, the transaction is expected to close within the next 30 days.
This acquisition will allow Flint Telecom to access the international market of mobile money transfer, which Juniper Research believes to be worth $65 Billion worldwide by 2014.
Eliminating the need and expense of money order transfers to foreign countries, Flint Telecom will establish a system of prepaid debit cards through its existing market outlets. This will allow people and businesses the ability to transfer money internationally using these cards or directly from their cell phones. The system is in complete compliance with domestic and international money laundering and counter-terrorism regulations.
The remittances are practically instantaneous and a cardholder can send funds 24/7 every day of the year directly to the recipient who can then can simply withdraw the funds from a local ATM where they live. The cards will also incorporate Flint's existing wireless and international calling services on a single card with the aim of increasing customer retention and increasing overall profit margins for the group.
CEO Vincent Browne said today: "We are excited with this latest development, as it opens valuable new revenue streams and strengthens our offerings to our existing customer groups. Targeted towards the demographic most likely to use these services first, initial marketing of this highly versatile product will be within our existing market outlets. Coupling this with our recent announcement of the signing of an LOI to acquire an international prepaid debit card company, will allow our customers to transfer money abroad directly from their cell phone if they wish without the inconvenience and high expense of traditional forms of money transfer. We see this as a major advancement for our technology and prepaid business groups and our growth into international markets."
About Flint Telecom Group, Inc.
Flint Telecom Group, Inc. is one of the fast growing Telecom Technology Organizations with a portfolio of companies that deliver next-generation IP communications Products and Services.
Founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Trading on the OTC Bulletin Board® (OTCBB) under the ticker FLTT.OB, Flint Telecom has grown both organically as well as through their corporate activity. 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, 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:
Tony Muratore
Email Contact
Flint to Offer Exciting 'Mobile Remittance' Services With Pending Acquisition
OVERLAND PARK, KS--(Marketwire - 09/29/10) - Flint Telecom Group, Inc. (http://www.flinttelecomgroup.com) (OTC.BB:FLTT - News), a Telecom Technology and Services Organization, announces today that it is nearing completion of the due diligence process to acquire 100% of a U.S. based international remittance company. Following the successful completion of the necessary due diligence which is already underway, the transaction is expected to close within the next 30 days.
This acquisition will allow Flint Telecom to access the international market of mobile money transfer, which Juniper Research believes to be worth $65 Billion worldwide by 2014.
Eliminating the need and expense of money order transfers to foreign countries, Flint Telecom will establish a system of prepaid debit cards through its existing market outlets. This will allow people and businesses the ability to transfer money internationally using these cards or directly from their cell phones. The system is in complete compliance with domestic and international money laundering and counter-terrorism regulations.
The remittances are practically instantaneous and a cardholder can send funds 24/7 every day of the year directly to the recipient who can then can simply withdraw the funds from a local ATM where they live. The cards will also incorporate Flint's existing wireless and international calling services on a single card with the aim of increasing customer retention and increasing overall profit margins for the group.
CEO Vincent Browne said today: "We are excited with this latest development, as it opens valuable new revenue streams and strengthens our offerings to our existing customer groups. Targeted towards the demographic most likely to use these services first, initial marketing of this highly versatile product will be within our existing market outlets. Coupling this with our recent announcement of the signing of an LOI to acquire an international prepaid debit card company, will allow our customers to transfer money abroad directly from their cell phone if they wish without the inconvenience and high expense of traditional forms of money transfer. We see this as a major advancement for our technology and prepaid business groups and our growth into international markets."
About Flint Telecom Group, Inc.
Flint Telecom Group, Inc. is one of the fast growing Telecom Technology Organizations with a portfolio of companies that deliver next-generation IP communications Products and Services.
Founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Trading on the OTC Bulletin Board® (OTCBB) under the ticker FLTT.OB, Flint Telecom has grown both organically as well as through their corporate activity. 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, 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:
Tony Muratore
Email Contact
Flint to Offer Exciting 'Mobile Remittance' Services With Pending Acquisition
OVERLAND PARK, KS--(Marketwire - 09/29/10) - Flint Telecom Group, Inc. (http://www.flinttelecomgroup.com) (OTC.BB:FLTT - News), a Telecom Technology and Services Organization, announces today that it is nearing completion of the due diligence process to acquire 100% of a U.S. based international remittance company. Following the successful completion of the necessary due diligence which is already underway, the transaction is expected to close within the next 30 days.
This acquisition will allow Flint Telecom to access the international market of mobile money transfer, which Juniper Research believes to be worth $65 Billion worldwide by 2014.
Eliminating the need and expense of money order transfers to foreign countries, Flint Telecom will establish a system of prepaid debit cards through its existing market outlets. This will allow people and businesses the ability to transfer money internationally using these cards or directly from their cell phones. The system is in complete compliance with domestic and international money laundering and counter-terrorism regulations.
The remittances are practically instantaneous and a cardholder can send funds 24/7 every day of the year directly to the recipient who can then can simply withdraw the funds from a local ATM where they live. The cards will also incorporate Flint's existing wireless and international calling services on a single card with the aim of increasing customer retention and increasing overall profit margins for the group.
CEO Vincent Browne said today: "We are excited with this latest development, as it opens valuable new revenue streams and strengthens our offerings to our existing customer groups. Targeted towards the demographic most likely to use these services first, initial marketing of this highly versatile product will be within our existing market outlets. Coupling this with our recent announcement of the signing of an LOI to acquire an international prepaid debit card company, will allow our customers to transfer money abroad directly from their cell phone if they wish without the inconvenience and high expense of traditional forms of money transfer. We see this as a major advancement for our technology and prepaid business groups and our growth into international markets."
About Flint Telecom Group, Inc.
Flint Telecom Group, Inc. is one of the fast growing Telecom Technology Organizations with a portfolio of companies that deliver next-generation IP communications Products and Services.
Founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Trading on the OTC Bulletin Board® (OTCBB) under the ticker FLTT.OB, Flint Telecom has grown both organically as well as through their corporate activity. 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, 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:
Tony Muratore
Email Contact